Alex Jones, a well-known conspiracy theorist, is trying to keep his personal social media accounts out of the upcoming auction of his Infowars media platform. This is because he owes over $1 billion to the families of the Sandy Hook Elementary School shooting victims. Jones feels that selling his so
Sergey Chemezov, a close associate of Russian President Vladimir Putin, has raised an alarm. He believes that most Russian companies might go bankrupt due to the sky-high interest rates. Chemezov, who heads the state-owned Rostec, made these comments while speaking to the Federation Council earlier
HSBC has made a big change. They've picked Pam Kaur to be their first female Chief Financial Officer (CFO). This is a big deal for the bank, as it's been a while since they made such a significant leadership switch. Pam will start her new job on January 1st, taking over from Jon Bingham who was temp
After Russia invaded Ukraine in 2022, Cyprus' banks saw a big drop in business with Russian and Ukrainian companies. They lost around 13,000 clients and 35,000 accounts, totaling about 2 billion euros. This happened because of sanctions from the U.N., EU, U.S., and UK against Russia. The number of
India's Reserve Bank has temporarily halted new loans from several non-bank lenders, including Sachin Bansal's startup Navi Finserv. The decision, effective from October 21, was driven by high interest rates and regulatory violations. These breaches involved incorrect loan pricing, inaccurate income
Next week, finance leaders from around the world will gather in Washington for the annual meetings of the International Monetary Fund (IMF) and the World Bank. One big question on their minds: Who will win the upcoming U.S. presidential election and how will that affect global economic policies? Bot
Tyra Banks, the former "America's Next Top Model" host, made a stunning comeback on the runway after nearly two decades. At the 2024 Victoria's Secret Fashion Show, the 50-year-old strutted her stuff in a glittering outfit that included a black bustier, sparkly leggings, a silver cape, and strappy h
Bank of America had a pretty good quarter! They beat what experts expected by making more in profit and revenue. Here are the stats they shared: Earnings: 81 cents, while analysts said 77 cents Revenue: $25.49 billion, just over the $25.3 billion guess But the story isn't all sunshine and rainbows.
True Value, a long-standing name in the home improvement world, has recently taken a significant step. The company, based in Chicago, has filed for Chapter 11 bankruptcy and agreed to a sale. But here’s the twist: they’re not going down alone. They’ve partnered with Do It Best, another big player in
The New York City Department of Education has received a subpoena as part of an ongoing federal investigation. This legal request is focused on outgoing Schools Chancellor David Banks and his brother, Terence Banks, who worked as a consultant for companies with city contracts. The subpoena, issued r
