Market Beats | U.S. Credit Card Debt Nears $1 Trillion; Fast Fashion Giant Shein Plans IPO; Hermès Profit Jumps 38%; Binance Ends Partnership with U.S. Affiliate; China Renaissance Founder Reported Missing 1. U.S. Credit Card Debt Nears $1 Trillion According to the Federal Reserve Bank of New York’s Household Debt Report, total U.S. credit card …
Category Archives: en
Market Beats | WeWork Loss Exceeds Expectations; Two Sovereign Wealth Funds Eye NBA Team Stake; Bitcoin Climbs Back Above $25,000; Tesla Recalls 360,000 EVs; BofA Cuts Hundreds in Investment Banking Division
—— WeWork Posts Wider Loss Than Expected; Sovereign Wealth Funds Eye NBA Stakes; Bitcoin Returns to $25,000; Tesla Recalls 360,000 EVs; BofA to Cut 100 IB Jobs; Nestlé Raises Prices, Sales Fall; Apollo Offers $5.5B Loan to Carlyle 1. WeWork Posts Wider Loss Than Expected According to its latest Q4 earnings report, coworking firm WeWork …
Market Beats | Brookfield Defaults on Two LA Towers; U.S. Retail Sales Smash Records; 40% of Global Workers Near Burnout; U.S. Homebuilder Confidence Rises; London Law Firms Adopt ChatBots
—— Brookfield Defaults on Two LA Office Towers; Sinochem to Sell Pirelli Stake; US Retail Sales Break Records; 40% of Global Workers Near Burnout; US Homebuilder Confidence Rises; Iranian Billionaire Bids for Spurs; Law Firms Embrace ChatBot Tech 1. Brookfield Defaults on Two LA Office Towers According to Brookfield’s latest filing, the company will default …
Market Beats | Buffett Boosts Apple Holdings, Trims Bank Stocks; January U.S. CPI Rises Above Expectations; Global EV Sales Top $1 Trillion; Air India Orders 470 Passenger Jets; Powell’s Salary Trails Wall Street Bankers
—— Buffett Increases Apple Holdings While Cutting Bank Stocks; U.S. CPI in January Exceeds Expectations; Global EV Sales Surpass $1 Trillion; Credit Suisse Leads Funding for Crypto Infrastructure Firm; Air India Orders 470 Aircraft; Element Loses $1 Billion on Wrong-Way Bet; Powell’s Salary Lags Behind Wall Street Associates 1. Buffett Increases Apple Holdings, Cuts Bank …
Market Beats | Amazon Merchants Feel the Squeeze; NYC Loses $12.4B Annually to Remote Work; Twilio Announces Second Round of Layoffs; NYC Leads Nation in “Single Tax” Burden; Driverless Taxis Begin First Passenger Trips
—— Amazon Merchants Squeezed; WFH Costs NYC $12.4 Billion Annually; NatWest Acquires Pension App Firm; Twilio Announces Second Round of Layoffs; NYC Tops Nation in “Singles Tax”; UK Telecom Firm Buys Stake in Vodafone; Self-Driving Taxis Begin Passenger Testing 1. Amazon Merchants Squeezed As Amazon faces slowing sales growth and rising costs, the company is …
Market Beats | Hilton Acquires Manhattan Hotel; Lyft Shares Plunge 32%; World Bank Pledges $780M to Turkey; Ray Dalio Lists Home for $150M; U.S. College Graduate Salaries Down 7.4%
—— Hilton Acquires Manhattan Hotel Tower; Lyft Shares Plunge 32%; World Bank Donates $780M to Turkey; Apple Avoids Mass Layoffs Through Cautious Management; Adidas Issues Warning, Stock Falls 10%; Ray Dalio’s Mansion Listed for $150M; U.S. College Graduate Salaries Drop 7.4% 1. Hilton Acquires Manhattan Hotel Tower According to property transaction records released this Wednesday, …
Market Beats | Calorie Restriction Found to Slow Aging; $21B Flows Into Chinese Stock Market; Trafigura Hit by $577M Fraud Scheme; Toshiba Receives $15B Buyout Offer
—— $21 Billion Flows into China Stocks; Trafigura Defrauded of $577 Million; U.S. Jobless Claims Rise; Disney Lays Off 7,000 as Stock Surges; Credit Suisse Reports Record Loss; Toshiba Gets $15 Billion Buyout Offer; Calorie Restriction Slows Aging 1. $21 Billion Flows into China Stocks According to the latest data, global investors have poured $21 …
Market Beats | Google AI Blunder Sends Shares Tumbling; 5 Key Takeaways from Powell–Rubenstein Interview; U.S. Used Car Prices Unexpectedly Rise; Gen Z Workers Less Afraid of Getting Fired; Microsoft–Activision Deal Faces New Roadblocks
—— Google AI Misstep Triggers Stock Plunge; Five Takeaways From Powell–Rubenstein Interview; CVS to Acquire Oak Street for $10 Billion; U.S. Used-Car Prices Unexpectedly Rise; Gen Z No Longer Fears Being Fired; Credit Suisse Plans $380M Bonus Payout; Microsoft–Activision Deal Blocked 1. Google AI Misstep Triggers Stock Plunge Recently, OpenAI’s ChatGPT has gone viral, prompting …
Market Beats | Carlyle CEO Ousted Amid Fundraising Struggles; BBBY Attempts Capital Raise to Avert Bankruptcy; Super Bowl Bets May Top $16B; SoftBank Posts $5.5B Loss as Masayoshi Son Goes Quiet; Truist Cuts 5% of Investment Banking Staff
—— U.S. Municipal Bond Defaults May Rise; BBBY Tries $1B Financing to Avoid Bankruptcy; Super Bowl Bets May Top $16B; SoftBank Loses $5.5B as Son Disappears; BP Reports Record Profit; Carlyle CEO Exit Hurts Fundraising; Truist Lays Off 5% of Bankers 1. U.S. Municipal Bond Defaults May Rise Strategists at Bank of America expect defaults …
Market Beats | Wanda’s $300M Bond Offering Sees Strong Demand; Renovated Manhattan Tower Welcomes New Tenants; Dell to Cut 6,000 Jobs as PC Sales Plunge; U.S. Weighs 200% Tariff on Russian Aluminum; New York State Sales Tax Revenue Surges
—— Newmont Launches $17B Gold Merger; Renovated Manhattan Tower Gains New Tenant; Dell PC Sales Plunge, Cuts 6,000 Jobs; U.S. Considers 200% Tariff on Russian Aluminum; Americans Gloomy on 2023 Economy and Stocks; NY State Sees Tax Revenue Surge; Wanda’s $300M Bond Oversubscribed 1. Newmont Launches $17B Gold Merger Today, Newmont Corporation—the world’s largest gold …