Finance
General Electric knocked out of Dow 30 Index; replaced by Walgreens
The troubled industrial behemoth General Electric (GE) has been kicked out of the Dow Jones Industrial Average (DJIA) index effective…
Bank jobs are at stake as automation grips the sector
After the manufacturing sector, automation is set to eat into jobs in the banking sector as well. Citigroup is reportedly…
H&R Block stock plunge 11% despite Q4 earnings and revenue beat
Tax preparation company H&R Block (HRB) topped earnings and revenue estimates for the final quarter of fiscal 2018. Consolidated earnings…
Alibaba’s fintech arm raises $14-bln in largest-ever single fundraising
Most of the big things happening in the business world in recent times are connected to China in one way…
General Electric needs a well-engineered solution to get back into shape
A freefalling stock and progressively shrinking dividend are something investors dread the most, and things turn really depressing when it…
Citigroup, Deutsche Bank and ANZ face criminal cartel charges
Australia & New Zealand Banking Group Ltd. (ANZ), along with Deutsche Bank (DB) and Citigroup (C) are facing criminal cartel…
Just hours into GDPR regime, tech giants are staring at enormous fines
The privacy revolution has begun in Europe, and it’s going to be a rough ride for Silicon Valley. Just hours…
GDPR is a shadow monster that can hunt down US firms
The deadline for companies having operations in the European Union (EU) to comply with the General Data Protection Regulation (GDPR)…
Visa strengthens hold in the Caribbean as YellowPepper receives $12.5-million funding
Latin American fintech firm YellowPepper, which provides mobile payments solutions in the region and the Caribbean, received an addition funding…
Deutsche Bank looking to cut around 10,000 jobs
Deutsche Bank (DB) is planning to cut nearly 10,000 jobs as part of its efforts to reduce expenses. The job…