Money

A strong Q4 report and new investments have GM on the right track. This morning, the largest automotive company in the United States, General Motors, released its fourth-quarter profit report. For Q4, GM brought...

The deal is rumored to amount to around $10 billion. This morning, Microsoft announced the latest development in its now-four-year partnership with artificial intelligence development company, OpenAI. Following the public and prolific debut of...

Cook’s target pay package will be dropped to $49 million. Tech giant Apple announced today that its CEO, Tim Cook, would be receiving a substantial pay cut on the urgings of both the company’s...

Even Amazon isn’t immune to the worsening economy. As the global economy remains in the grips of inflation and potential recession, even the largest, most powerful companies have been forced to cut back and...

Economic woes are affecting the highest echelons of wealth. According to recent statistics released by Forbes, the world’s wealthiest individuals have become substantially less wealthy over the course of 2022. Factoring in the combined...

The bank was fined for “widespread mismanagement” and “illegal activity,” according to the CFPB. Today, financial regulators from the Consumer Financial Protection Bureau ordered banking company Wells Fargo to pay a $1.7 billion civil...