Microsoft Overtakes Apple as Most Valuable Stock in the World
Microsoft Corp. overtook Apple Inc. to become the world’s most valuable publicly traded company for the first time in more than two years, as worries over…
Source: biztoc.com
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MicroStrategy's Saylor Sold Shares Daily in Runup to ETF Launch
MicroStrategy Inc.’s co-founder Michael Saylor has been selling company shares leading up to the US Securities and Exchange Commission’s approval of…
Michael Saylor Exchange Commission Microstrategy Inc None Iran Wins With None Large Backers None Citi
Source: biztoc.com
EQT, KKR Are Among Suitors for $5 Billion Broadcom Asset
EQT AB and KKR & Co. are among private equity firms interested in acquiring a software business being sold by Broadcom Inc. in the wake of its takeover of…
Source: biztoc.com
Scaramucci Says Grayscale ETF Sales Helped Fuel Bitcoin Decline
Bitcoin’s decline since the start of trading of exchange-traded funds that hold the cryptocurrency was driven in part by sales of Grayscale Bitcoin Trust…
Anthony Scaramucci Grayscale Bitcoin Grayscale Bitcoin Trust Skybridge Capital None Iran Wins With None Large Backers
Source: biztoc.com
Bad Office Loans Mount at Bank of America, Wells Fargo
Major US lenders, including Bank of America Corp. and Wells Fargo & Co., wrote off more of their commercial-property loans as remote work and higher interest…
Source: biztoc.com
BofA's Bond Traders Post a Surprise Drop as Profit Slumps
Bank of America Corp.’s earnings fell short of expectations as the bank’s numerous charges in the fourth quarter cut into profit and the firm’s fixed-income…
United States America Corp None Citi United Kingdom Strike Yemen Houthis After Red Sea Ship None Hertz
Source: biztoc.com
Tesla Declines on China Price Cuts and German Plant Shutdown
The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.
Source: biztoc.com
Citi cuts more than 300 senior manager roles: report
None Citi on Monday laid off more than 300 senior managers, Bloomberg reported , citing a person familiar with the matter. • None The cuts, which affect…
Source: biztoc.com
Citi shakeup: The banking giant is planning layoffs and a huge overhaul
None Citigroup is planning a sweeping overhaul of its organization after years of lackluster stock performance. • None The reorganization efforts are expected…
Source: biztoc.com
The US may be headed for a credit crunch that could deepen a looming recession, Citi global chief economist says
None Citis Nathan Sheets says the US may be headed for a credit crunch. • None Such a scenario could deepen an economic downturn and ensure a more prolonged…
Source: biztoc.com