The Alibaba co-founder Jack Ma reemerges and penned a rare and lengthy memo to employees. In Jack Ma’s memo, he expressed support for restructuring efforts at the ...
Financial Services
Blackstone is nearing a deal to buyout L’Occitane International private, as per people familiar with the matter. This Blackstone and L’Occitane private deal, pot...
In a surprising turn of events, discount retailer 99 Cents Only has filed for Chapter 11 bankruptcy, marking the end of an era for the company. Just days after annou...
The high street fashion chain, Ted Baker, has recently announced the closure of 15 stores across the UK, resulting in the loss of hundreds of jobs. This move comes a...
Chinese property developer Shimao Group said on Monday that China Construction Bank in Asia had filed a liquidation lawsuit against it in Hong Kong over a financial ...
Walt Disney World has finally revealed information about its eagerly awaited expansion projects at the Walt Disney World Resort in Orlando, Florida. The news of Disn...
Reddit shares are down after experiencing a rally stemming from the social media company’s IPO last week. Reddit shares saw a two-day tumble in a row as short sell...
Crypto entrepreneur Sam Bankman-Fried was sentenced to 25 years for defrauding FTX investors. Co-founder of FTX Sam Bankman-Fried was sentenced for a massive fraud t...
Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the AI race. Amazon said it will spend another $2.75 billi...
