On Monday, Singapore's OCBC, the fourth-largest bank in Southeast Asia, experienced a short-lived outage that affected its digital and card banking services. The bank initially reported technical issues impacting its…
Since assuming the chair's position at the Federal Reserve in 2018, Jerome Powell has utilized his annual addresses at the Jackson Hole retreat to advocate for policy agendas spanning from…
Lowe's CEO, Marvin Ellison, discussed the company's strategy for expanding its offerings in rural areas during a conversation with Jim Cramer. Ellison expressed a personal connection to this endeavor, having…
Cruise, a General Motors subsidiary, will reduce its autonomous robotaxi fleet in San Francisco by 50% following a series of recent crashes involving its self-driving vehicles. The decision was communicated…
Tax-gain harvesting, a lesser-known strategy compared to tax-loss harvesting, can be a beneficial approach for investors looking to rebalance their portfolio or reduce future taxes, especially for those in the…
TSG Entertainment, a prominent Hollywood financier, has filed a lawsuit against Disney, alleging breach of contract. The lawsuit, filed in Los Angeles Superior Court, claims that Disney and its subsidiary,…
Mark Cuban, serial entrepreneur and star of "Shark Tank," believes that success is not solely defined by wealth but rather by the ability to wake up each morning feeling fulfilled…
Chinese tech giant Huawei reported a 2.2% year-on-year growth in its consumer business revenue for the first half of 2023. This modest expansion comes amidst China's slower economic rebound and…
Moody's recently downgraded the credit ratings of several small and mid-sized U.S. banks while also placing larger Wall Street banks under review for potential downgrades. The credit ratings of 10…
Accenture, a global technology consulting firm, has undoubtedly caught the generative AI bug bad. As it spends $3 billion in its capabilities, it expects to increase the number of data…