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Spotlight

Richard Branson’s Virgin Orbit Halts Operations and Seeks More Funding

Virgin Orbit, founded by British billionaire Richard Branson, has temporarily halted operations and is seeking additional funding.

ByByStaff EditorMar 15, 2023

Tyson Foods’ Challenges Highlighted by Van Buren Plant Shutdown

Tyson Foods has experienced difficulties as evidenced by the closure of their Van Buren plant.

ByByStaff EditorMar 14, 2023

Europe’s Startups Reeling from Silicon Valley Bank’s Setback

Silicon Valley Bank’s failure to lend to European tech companies has left a large gap in the market…

ByByStaff EditorMar 13, 2023

Goldman Sachs: No More Rate Hikes in March, Banking System Stress Cited

Goldman Sachs economist Jan Hatzius has stated that the Federal Reserve’s March meeting is unlikely to result in…

ByByStaff EditorMar 13, 2023

Crowds Flock to First Republic Bank for Cash Withdrawals

Dozens of customers lined up outside a First Republic Bank in northern California on Saturday to withdraw their…

ByByStaff EditorMar 12, 2023

Silicon Valley Bank’s Downfall: The Start of a Troubled Future

Silicon Valley Bank’s collapse was set in motion by an unexpected downgrade threat from Moody’s last week, leading…

ByByStaff EditorMar 11, 2023

Crypto Market Plummets Over $70 Billion in 24 Hours as Bitcoin Drops Below $20,000

Cryptocurrency markets experienced a sharp decline of over $70 billion in 24 hours due to a sell-off in…

ByByStaff EditorMar 10, 2023

CFPB Report Reveals Consumers Harmed by Illegal Junk Fees for Bank Accounts, Loans, and Mortgages

The CFPB report found that consumers are being harmed by unlawful fees on bank accounts, loans and mortgages.

ByByStaff EditorMar 9, 2023

Citadel’s Griffin Urges Federal Reserve to Increase Consistency in Taming Inflation

Ken Griffin, founder of Citadel and Citadel Securities, has stated that the Federal Reserve must be more consistent…

ByByStaff EditorMar 7, 2023
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Major Layoff Aftermath: Thousands More Cuts on the Horizon, Report Reveals

A report indicates that thousands of additional layoffs could begin this week, following widespread job cuts.

ByByStaff EditorMar 7, 2023

Price Reduction on Tesla Model S and X in the United States to Increase Sales

Tesla Inc. has reduced the prices of its Model S and Model X vehicles in the U.S., aiming…

ByByStaff EditorMar 6, 2023

Unleashing a Woke Revolution: ESG Investing in the Spotlight

Radical ESG opponents are calling for a backlash against investments that prioritize environmental, social and governance issues, questioning…

ByByStaff EditorMar 4, 2023

Mississippi Bill Seeks to Limit Electric Car Sales to Franchised Dealerships

The proposed Mississippi bill would restrict electric car sales to franchised dealerships, preventing automakers from selling EVs directly…

ByByStaff EditorMar 3, 2023

Most Borrowers Enjoy Mortgage Rates Below 6%

The low 3% mortgage rate will continue to have a significant impact on the U.S. housing market for…

ByByStaff EditorMar 2, 2023

Salesforce Stock Takes Flight After Exceeding Earnings Expectations and Forecasting Profitable Year Ahead

Salesforce had a successful fourth quarter, resulting in stock soaring and executives predicting increased profit for the year.

ByByStaff EditorMar 1, 2023

GM Anticipates Reducing Salaried Staff by 500

GM is downsizing its salaried employee headcounts to save money and increase profits, following other major companies in…

ByByStaff EditorFeb 28, 2023

Ready for Takeoff: Kansas City Airport Crews Working Overnight to Transition to New Terminal

This sentence describes the overnight transition of Kansas City airport crews to a new terminal, which is sure…

ByByStaff EditorFeb 27, 2023

JPMorgan Unveils Asia Credit Index with Reduced China Exposure, Sources Confirm

JPMorgan is proposing a new Asia credit index with reduced China weighting due to rising geopolitical tensions and…

ByByStaff EditorFeb 27, 2023