Uber Technologies Inc. failed to extend its license to operate in London after officials identified issues that put passengers at risk.
Transit officials disclosed that unauthorized drivers were able to pass as Uber drivers, even when they lack proper...
Asset management company Liechtenstein Global Trust (LGT) recently announced its acquisition of majority stakes in Validus Wealth, says Live Mint. Validus Wealth, another asset management company in India, announced that its management team will retain the rest of the...
Recently, United States banks have experienced an increase in interest rates. With the Federal Reserve raising the rates, interest rates increased to stretch within 2.25% and 2.5%.
However, The Washington Post reveals that big institutions are not paying their clients...
The youngest of the Kardashian-Jenner clan, Kylie Jenner, recently launched her money-themed beauty products for her Kylie Cosmetics line. Following this, the reality television star turned makeup mogul drew backlash from fans around the globe.
The new line is slated...
The multinational financial services provider, HSBC, is planning to cut off 10,000 jobs in its move to drive more savings as investment banking revenues weaken.
The bank, which has roughly 238,000 employees, is implementing a new cost-cutting plan headed by...
Forbes recently accused Kylie Jenner of “white lies, omissions and outright fabrications” after kicking her from its list of billionaires. The report revealed the process that the Kardashian-Jenner family allegedly took to place the Kylie Cosmetics owner to the...
Microsoft founder Bill Gates says in an interview with The Verge that he doesn’t have a problem with increasing tax for the rich but proposals targeting high-income brackets are missing the point.
Gates says tax increase should focus on wealth...
In an annual report filed with the United States Securities and Exchange Commission last Monday, March 2, 2020, Uber reported that it sold its food delivery business, Uber Eats, to Zomato. The business deal cost the United States-based ride-hailing...
The Knight Frank City Wealth Index has recently named London as the world’s leading fortune center, replacing New York in the top spot.
According to Wealth and Society, the Knight Frank City Wealth Index typically anchors its decision based on...
Democrat candidate for presidency Elizabeth Warren announced that her proposed wealth tax will be used to remove student debt and tuition fees from public colleges, says CNBC. According to Warren, this prospective initiative will positively impact around 95% of...
