Saturday, January 18, 2020
The world’s biggest producer and exporter of petroleum and natural gas hit a $2 trillion valuation last Thursday, December 12. Earlier December, the company decided to sell its shares to investors in the hope to close its valuation to $2...
In an attempt to revamp its wealth management business, banking giant JPMorgan Chase & Co. is set to put their several divisions together to form a new unit that will focus on advising clients with up to $10 million...
Exercise bike firm Peloton reportedly lost $1.5 billion after airing its Christmas advertisement that showed a woman receiving an exercise bike from her partner/husband on Christmas morning. Company stocks were believed to have suffered following backlash from the public,...
Multinational investment bank Goldman Sachs recently revealed its plans to bring its wealth management services to individuals in the lower tier of the economic ladder. Financial Times reported that the institution will be releasing a robo adviser next year...
For the first time in American retail history, online shoppers are required to pay state sales tax in Virginia and West Virginia due to new laws. Last year, the US Supreme Court allow a number of states to collect taxes...
Days after Italian artist Mauricio Cattelan’s duct-taped banana work called ‘Comedian’ sold for a whopping $120,000 found in Art Basel in Miami, a performance artist ate the work. The work was reportedly sold to a private collector, states the...
Billionaire Steven Schonfeld sets a new record of buying the priciest estate in Florida, a 6-acre Palm Beach mansion worth $111 million. The founder of the Schonfeld Strategic Advisors bought the mansion for wife and three kids as their vacation...
Software provider Equisoft announced Thursday, Dec 5, the launch of a web-based fund sales acceleration platform solution powered by data provider Refinitiv. In a press release, the Montreal-based firm said that the new platform, called the Equisoft/analyze for wholesalers powered...
Kering SA and Italian ski-jacket maker had reportedly held exploratory talks on the possible market acquisition by the luxury goods brand. The talks, however, do not guarantee a closed deal on both ends. Kering’s talks with the Italian brand...
Last Thursday, December 5, 2019, the Sandiganbayan, the anti-graft court of the Philippines, has declared cronies of the late Ferdinand Marcos to bring back the ill-gotten wealth they obtained under the Marcos regime. The total amount slated to be...

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