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Money makes the world go round, learn about those who spin the wheel

Business

TikTok Faces U.S. Shutdown as Federal Judges Greenlight Ban Law

Mitchel Jordon | Tech Contributor -
WASHINGTON, DC, USA — A panel of three federal Appeals Court judges unanimously upheld legislation on Friday, December 6, 2024, that could ban TikTok...
Business

Volkswagen Workers Strike Across Germany Amid Tensions Over Layoffs and Plant Closures

Manny Akpan | Business & Economy Editor -
WOLFSBURG, Germany - Tens of thousands of workers at Volkswagen’s German plants launched strikes on Monday, December 2, 2023, marking the largest industrial walkouts...
Business

China’s Richest Tycoon Zhong Shanshan Blasts E-Commerce Price Wars

Manny Akpan | Business & Economy Editor -
BEIJING, China – Zhong Shanshan, China’s wealthiest businessman and founder of Nongfu Spring, a leading beverage company, has launched a rare and pointed critique of...
Business

Prosecutors Seek 5-Year Prison Sentence for Samsung Chairman Jay Y. Lee

Ella Ukairo | Tech Reporter -
SEOUL, South Korea — South Korean prosecutors on Monday, November 25, 2024, requested a five-year prison sentence and a fine of 500 million KRW...
Business

TikTok Founder Zhang Yiming Tops China Rich List with $49.3 Billion Fortune

Ella Ukairo | Tech Reporter -
BEIJING, China — Zhang Yiming, the visionary entrepreneur behind TikTok and its parent company ByteDance, has become China’s richest person, according to the 2024...
Business

Adani Group Loses $20 Billion in Market Value Amid US Corruption Charges

Manny Akpan | Business & Economy Editor -
MUMBAI, India - Gautam Adani’s corporate empire suffered a devastating blow this week, with over $20 billion in market value wiped out after US...
Business

Bitcoin Breaks Records Again Amid Political Tailwinds: Is Now the Time to Invest?

Manny Akpan | Business & Economy Editor -
NEW YORK, USA - Bitcoin, the world’s first and most recognised cryptocurrency, has shattered records in 2024, driven by groundbreaking regulatory developments and a...
Business

Low-Cost Spirit Airlines Files for Chapter 11 Bankruptcy

Manny Akpan | Business & Economy Editor -
DANIA BEACH, USA – Spirit Airlines announced on Monday, November 18, 2024, that it has filed for Chapter 11 bankruptcy protection following years of...
Business

Musk’s X and Trump’s Truth Social: Could a Merger Be on the Horizon?

Mitchel Jordon | Tech Contributor -
NEW YORK, USA - Following President-elect Donald Trump’s election victory, speculation has intensified around a potential merger between Elon Musk’s X (formerly Twitter) and...
Business

Russia Slaps Google with Record-Breaking $20,000,000,000,000,000,000,000,000,000,000,000 Fine

Ella Ukairo | Tech Reporter -
MOSCOW, Russia - Authorities in Russia have demanded an unprecedented sum from one of the world’s largest tech companies, Google — a fine reportedly...
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