In a statement, online broker Robinhood said, it has placed temporary buying restrictions on a small number following ten-fold increase in deposit requirements as mandated by clearing house. “….the required amount we had to deposit with the clearing house was… Read More ›
The Cvoid-19 pandemic significantly life-saving financing lifeline in eth United States in 2020 along with investments in business resulting in the largest economy of the world posting a contraction for the year that was the deepest since World War II…. Read More ›
Basing itself on its quarterly earnings, which beat estimates based on strong demand for its home appliances from people stuck at home due to the coronavirus-induced COVID-19 pandemic, Whirlpool Corp has forecast a 2021 profit above analysts’ expectations. Demand for… Read More ›
According to a source familiar with the matter at hand, WeWork is in talks to go public through a merger with a special purpose acquisition company (SPAC); it is also seeking funds from private investors a little more than a… Read More ›
According to a senior executive from Boeing, the company has received a license from the U.S. government to offer its F-15EX fighter jet to the Indian air force. Boeing’s F-15EX fighter jet will compete with France’s Rafale, Sweden’s Gripen among… Read More ›
On Thursday, Venture Capital firm GGV stated, it raised $2.52 billion for its latest group of funds marking it as its largest fund raising so far. The development follows several successful initial public offerings of its portfolio companies, including Affirm… Read More ›
U.S. Secretary of State Antony Blinken on Wednesday stuck to his stance that Tehran must resume complying with the Iran nuclear deal before Washington, which abandoned the pact under former President Donald Trump, would do so. Making his first public… Read More ›
In a statement, U.S. Secretary of State Antony Blinken, the United States has rejected China’s maritime claims in the South China Sea beyond what it is permitted under international law; the move marks the first time the Bidden Administration resisted… Read More ›
Steven Cohen’s Point72 Asset Management suffered a loss of nearly 15% this year due to a sudden surge in GameStop Corp’s shares. The losses at Point72, which manages nearly $19 billion in assets, came in part from its investment in… Read More ›
Apple Inc has cornered nearly a quarter of the global smartphone market during the fourth quarter and has emerged as the world’s biggest smartphone seller; shipments of Huawei’s phones have plunged after they were hit by U.S. sanctions. According to… Read More ›
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