In the final stretch of his 2024 presidential campaign, Donald Trump is set to launch his sons' cryptocurrency business, World Liberty Financial, on Monday. This speech comes just 50 days before Election Day, raising concerns about the former president's penchant for mixing his personal and politica
The Senate Health, Education, Labor, and Pensions Committee is planning to vote on two resolutions to hold Steward Health Care CEO Ralph de la Torre in contempt for refusing to attend a hearing despite being issued a subpoena. The committee is fed up with de la Torre's excuses and is determined to g
The story of Ralph de la Torre, the CEO of Steward Health Care System, is a cautionary tale of unchecked greed and disregard for human life. With a Harvard University-trained cardiac surgeon's background, one would expect a commitment to providing quality care to patients. Instead, de la Torre's ten
The notion that high schoolers are clueless about finances is a popular notion that has been perpetuated through media and public discourse. However, is this assumption truly based on facts, or is it a misconception rooted in biases and stereotypes? To find out, I devised a money quiz to test the fi
As the world slept, the West Bank woke up to a deadly dawn. The Israeli Defense Forces launched a drone airstrike in the city of Tubas, killing five young Palestinians. The Palestinian Health Ministry confirmed the tragic news, while the Palestinian Red Crescent Society condemned the Israeli occupa
Medical Properties Trust, the US' largest hospital landlord, has taken a significant step towards resolving a long-standing dispute with its troubled tenant, Steward Health Care. By taking control of Steward's hospitals, MPT will now bankroll operational expenses - is this a smart move, or a recipe
Sen. Bernie Sanders is not happy with Steward Health Care CEO Ralph de la Torre's decision to ignore a subpoena and skip a hearing. But why is de la Torre so keen to avoid accountability? Is it because he's hiding something? Or is it because he's just not interested in answering to the American peop
Imagine a world where a single messaging app has become the heart of South Korea's 15th largest conglomerate by assets. That's the reality for Brian Kim, the founder of Kakao Corp. He's now facing trial for allegedly rigging prices during the takeover battle for K-pop powerhouse SM Entertainment Co.
Goldman Sachs is warning of a $400M writeoff, but is it a wake-up call for the bank or just a speed bump? The storied investment bank is expecting a 10% decline in trading revenue due to tough fixed-income conditions and year-over-year comparisons. But what's behind this unexpected hit? Was it a has
Goldman Sachs is set to take a $400 million pre-tax hit in the third quarter due to the unwinding of its General Motors credit card platform and the sale of real estate loans. The bank is in talks to hand over its GM credit card business to Barclays, a deal that would see the transfer of roughly $2
