According to court filings, Nasdaq Inc and the New York Stock Exchange have sued the Securities and Exchange Commission in an attempt to block a plan by the regulator to overhaul public data feeds that broadcast stock prices to investors…. Read More ›
In a statement Apple Inc said, Wistron Corp, one of its suppliers, will restart its operations at its southern Indian factory, which was shutdown late last year. Apple uses Wistron to assemble its second-generation iPhone SEs in the plant; it… Read More ›
In a statement PepsiCo Inc said, its pancake mix and syrup products will henceforth be sold under the “Pearl Milling Company” name; the development comes in the wake of the company dropping its “Aunt Jemima” brand logo in 2020 due… Read More ›
On Tuesday, shares of SoftBank Group Corp soared above 10,000 yen apiece hitting its two-decade highs. The development comes a day after the group’s Vision Fund unit reported record profits as portfolio company listings accelerate. As of 0055 GMT, shares… Read More ›
Reddit Inc’s valuation has more than doubled to $6 billion after it raised more than $250 million in a new round of funding. It has been at the core of the recent social media-driven retail trading frenzy. In a statement,… Read More ›
Despite making a combined $32 billion loss excluding special items, the airline industry of the United States stull ended 2020 with a lot of cash at hand. At the end of 2020, there was $31.5 billion in cash on their… Read More ›
According to a report from The Edge Weekly, German sports car maker Porsche AG is setting up an assembly plant in Malaysia under a partnership with Sime Darby Bhd’s automotive business. The report citing sources said, the luxury car maker… Read More ›
According to four sources with direct knowledge of the matter at hand, Japan’s banking regulator is conducting a survey on regional lenders to gauge how new curbs imposed earlier this year in January to help mitigate the effects of the… Read More ›
According to two sources familiar with the matter at hand, Blackstone Group is committing $150 million in start-up capital to a hedge fund that is run by a former senior executive at Lone Star Funds. According to one of the… Read More ›
With the Covid-19 pandemic continued to disrupt economy recovery in the United States, just 49,000 jobs were added in the country in January. Employment was hit at retail stores, restaurants, casinos and hotels because of continued losses which was described… Read More ›
manageria.biz 