Federal prosecutors charged nearly 50 people who belong to wealthy families in a $25-million cheating scheme that helps their children to gain admission to the nation's top colleges.
The list of high-profile people includes Hollywood celebrities Felicity Huffman who starred...
Canadian multinational bank, Bank of Nova Scotia (operating as Scotiabank), recently announced that a Global Wealth Management business line is in the works, according to the press release published by Cision Canada. This new business line will be launched...
French fashion conglomerate LVMH offered to buy Tiffany & Co. for $14.5 billion. The fashion giant confirmed its interest in the New York-based jeweler last Monday, October 28, 2019.
According to Reuters, the company’s offer comes as Tiffany & Co....
Honestbee is quickly running out of money. In light of this unfortunate turn of events, the company is eyeing to sell its business.
Tech Crunch reports that the monthly operations of the grocery delivery startup have been taking a toll...
The wealth gap level in the U.S. is close to that of the Roaring Twenties, the decade preceding the Great Depression, according to some economists who studied a statistic.
According to a paper published by Gabriel Zucman, an economics professor...
Following the allegations regarding the recent college admissions bribery scandal, Hercules CEO and founder, Manuel Henriquez, was charged with his involvement in the college admissions scam. After the public exposure, Forbes reports that Henriquez voluntarily resigned and stepped down...
The Philippine government just lost its second case against the family and associates of late dictator Ferdinand Marcos. The ill-gotten wealth case, worth ₱1.052 billion, was junked due to “insufficient evidence", according to GMA News Online.
The case versus the...
Malaysian Prime Minister Dr Mahathir Mohamad said on Monday that Malaysian wealth must not only be given to Malays and Bumiputeras but also other minorities as well.
Highlighting racial equality in his speech at the monthly gathering in the Prime...
Jeffree Star, cosmetics mogul and YouTube star, reportedly lost $2.5 million worth of makeup in a burglary last April 1, 2019. Following this turn of events, Star worked with the Federal Bureau of Investigation to help track down the...
Microsoft founder Bill Gates says in an interview with The Verge that he doesn’t have a problem with increasing tax for the rich but proposals targeting high-income brackets are missing the point.
Gates says tax increase should focus on wealth...
