Finance
JD.com’s finance unit raised $2 billion in fresh equity
JD Finance — the financial arm that JD.com (JD) spun off last year — managed to raise $1.96 billion in…
JPMorgan Q2 Earnings Preview: Banking stocks might see green
JPMorgan Chase & Co (JPM) is expected to post its earnings before the markets open on Friday. This financial mammoth…
Rising crypto risks warrant closer pre-investment scrutiny
There could not have been a better period than the last decade for the concept of virtual money to bloom…
Brighthouse Financial stock loses shine as it hits all-time low
Shares of Brighthouse Financial (BHF), which spun-off from Metlife (MET) in 2017, touched an all-time low of $40.22 on Wednesday…
No antitrust violation by American Express, says SC
American Express (AXP) has won the lawsuit on credit card fees, with the Supreme Court declaring that the company’s anti-steering…
Weekend roundup: Oil prices slide, gold gets a lift, dollar struggles
00:15 AM ET, New York: Here's a roundup of the important market news from the weekend. OPEC deal hints at…
Back-to-back thefts show digital currency is no longer safe
In the second cryptocurrency theft of the month, Seoul-based exchange Bithumb on Wednesday said about $30 million worth of digital…
Facilities giant CBRE expands Israel operations amidst West-Bank concerns
The world’s largest commercial real estate services and investment firm (based on 2017 revenue), CBRE Group Inc (CBRE), has agreed…
PayPal to acquire Hyperwallet
PayPal Holdings Inc. (PYPL) has agreed to acquire Hyperwallet, a firm that specializes in payouts to sellers, for $400 million.…