Kevin O’Leary Says He’s Expecting Another Crypto Fallout But Isn’t Out On Bitcoin
Businessman and Shark Tank star Kevin O’Leary expects the crypto market to have another fallout in the future. However, that doesn’t mean he’ll stop adding Bitcoin to his portfolio.
Speaking with Kitco News, O’Leary was asked whether he expects the...
Bed Bath & Beyond to Seek Approval for Reverse Stock Split
Struggling retailer Bed Bath & Beyond is making another significant move in an attempt to avoid bankruptcy. In a press release made on Friday, the company announced its plans to seek approval from its shareholders for a reverse stock...
Pershing Square CEO Bill Ackman Says BofA Will Buy Signature Bank
Bill Ackman, billionaire investor and CEO Pershing Square, caused a real commotion on the finance part of Twitter on Friday by claiming that Bank of America is going to buy Signature Bank.
According to Ackman, the deal is set to...
Tyson Food to Close Two Chicken Plants Amid Profit Drops
Tyson Food, one of the world’s largest meat producers, announced on Tuesday that it would close two of its chicken facilities. The company will cease production at its Van Buren, Arkansas plant and Glen Allen, Virginia plant in May...
First Republic Bank Receives Additional Funding from Fed and JPMorgan
First Republic Bank has received fresh funding from the Federal Reserve and JPMorgan Chase & Co amid fears that it could be in the same kind of trouble that led to the collapse of Silicon Valley Bank (SVB).
According to...
Elon Musk Plans to Build a “Town” in Texas for His Employees
Elon Musk, the CEO of Tesla, Twitter, and Space X, is reportedly working on another big project that is promising to be different from anything he has done before. According to a recent report by The Wall Street Journal,...