Friday, May 3, 2024
Billionaire Yusaku Maezawa is offering 1,000 Twitter followers 1 million yen to test whether free money can boost the happiness of people. The businessman announced the plan on Jan. 1, 2020 and urge his followers to retweet his tweet and...
Multinational investment bank JP Morgan recently released a report enumerating various risks to the market. Among the perils the markets will face this year is the “progressive overhaul” of the economy, which is considered one of the biggest threats,...
Renowned Swedish furniture maker, IKEA, has agreed to pay the $46 million settlement following the death of a 2-year-old toddler via a recalled Malm dresser. The dresser reportedly crushed the toddler to death. According to NPR, there have been at...
One of America’s oldest and largest producers of milk, Borden Dairy Co., is filing bankruptcy, citing unsustainable debt as the reason. The Dallas-based company said the industry trend shifted, leading to a drop in the consumption of milk since 2015....
American business magnate Bill Gates shared on a post, Monday, that the rich, including himself and his wife, should pay for higher taxes. In a year-end blog post, the world’s second-richest person claimed that he has been “disproportionately rewarded” for...
The newly elected governor of the Bank of England (BoE) is called to enforce a different approach in leading the economy, said The Conversation. This is in light of Mark Carney stepping down from his position as governor after...
The People’s Republic of China plans to lift the daily yuan transfer limit from Macao to mainland China by 60 percent on Wednesday, to boost trading. From the daily limit of 50,000 yuan, the Central Bank raises the limit of...
Google co-founder Larry Page made several huge donations throughout the years amounting to $400 million, said Vox. However, reports show that $0 out of the $400 million actually went directly to charities. Page donated this significant amount via the Carl...
Sandiganbayan, the anti-graft court of the Philippines, junked another case involving the ill-gotten wealth of the Marcoses last December 16, 2019. The decision carried out by Sandiganbayan Associate Justice Alex Quirol threw away P200-billion worth of assets. In addition to...
Analysts warned that rising corporate debt in China would be the ‘biggest threat’ in the world economy. As companies struggle to deal with growth slowdown due to the ongoing trade war with the United States, debt piles up, which also...

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