Frank Savage, a trailblazer in finance and sailing, passed away at 87. His journey was marked by significant achievements and a notable involvement in the Enron scandal. Savage was one of the few Black Americans to reach the top levels of global finance. He died on July 16 in Newport, R. I. , after
A Japanese company, rYojbaba Co. , Ltd. , has just completed a significant financial milestone. They raised $5 million by selling shares to the public for the first time. This is a big deal because it means they can now use this money to grow their business. They plan to invest in new technology, hi
Nutex Health, a company in the healthcare sector, is going through a rough patch. Their stock took a big hit recently, dropping by 24% in a single day. This happened after they said they wouldn't be able to file their financial report on time. The reason? They're being investigated for possible wron
Rose Fass, a 76-year-old business veteran, has a unique story to tell. She's not just any business consultant; she's the brains behind fassforward Consulting Group, a company that's helped some of the biggest names in the game, like SpaceX and Chick-fil-A, grow and succeed. But let's rewind a bit.
Hong Kong's MTR Corporation has been navigating through a stormy season, both literally and figuratively. The recent weather has been tough, with many black rainstorm warnings and typhoons. Despite this, the MTR has proven to be the most reliable way to get around the city. Bad weather does affect h
A huge film studio is now up and running in Fort Worth, Texas. This new project, called SGS Studios, is a big deal for the state. It's a joint effort with Paramount Television, the company behind popular shows like Yellowstone. The studio covers a massive 450, 000 square feet, which is enough space
Israel is thinking about taking control of Gaza City. This could be a big problem for the country's money situation. An expert says it might cost up to NIS 100 billion. That's a lot of money. It's even about 5% of Israel's total yearly income. The expert is worried. He thinks Israel can't handle thi
A company named Phaos Technology (Cayman) Holdings Ltd. is gearing up for its initial public offering (IPO) around August 25th. They aim to raise $12. 15 million by selling 2. 7 million shares at $4. 00 to $5. 00 each. This firm specializes in advanced microscopy technology, offering tools that can
Cathie Wood's investment firm, Ark Invest, made some bold moves recently. They spent about $19. 2 million to buy more shares of Block, the company behind Cash App and Bitcoin services. This happened even though Block's latest earnings were not as high as expected. But Block's Cash App has been doing
President Trump recently picked EJ Antoni to lead the Bureau of Labor Statistics (BLS). This choice has sparked a lot of debate. Some people, like Steve Bannon, think Antoni is a great fit. Others, like Jason Furman, believe he lacks the right experience. The main concern is whether Antoni can keep
