African B2B e-commerce startup Sabi has laid off around 20% of its workforce (~50 employees) as it pivots from its original retail-focused platform to
BMO to buy wealth manager Burgundy in $456M deal
Burgundy said BMO emerged as the “best path forward” amid a tougher-than-expected transition to its next generation of leadership.
Haveli Investments to buy AI database firm Couchbase for about $1.5 billion
Haveli Investments will acquire Couchbase for about $1.5 billion, the companies said on Friday, as the private equity firm looks to capitalize on the
Still early to assess tariff impact on US economy, Fed report says
THE Federal Reserve’s latest Monetary Policy Report to Congress, released on Friday (Jun 20), said US inflation is somewhat elevated and the labour market
Why These Energy Stocks Are Gaining This Week
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a
Real-World Asset Tokenization Hits $24 Billion As Wall Street Bets Big
TOPSHOT – A trader works on the floor of the New York Stock Exchange (NYSE) during afternoon trading … More on April 9, 2025
Cognizant to invest $183 million for new India campus, add 8,000 jobs
June 20, 2025 at 6:07 AM BENGALURU (Reuters) -Software services firm Cognizant Technology Solutions will invest 15.82 billion rupees ($182.76 million) to build a
Is Stellantis a Dividend Gem Hiding in Plain Sight?
Stellantis (NYSE: STLA) probably isn’t the first ticker that comes to mind when investors think “income stock.” But maybe it should be. The global
Escalating Middle East Tensions Shine Massive Spotlight On Direxion's Oil-Focused GUSH, DRIP ETFs
Although the electoral victory of now-President Donald Trump during the 2024 political campaign helped briefly invigorate the hydrocarbon sector, oil stocks eventually succumbed to
Social Security's Trust Funds May Now Be Empty in Less Than a Decade. Here's What That Means for You
Investing Andrea Piacquadio from Pexels and JJ Gouin from Getty Images The latest Social Security Trustees Report contained bad news about the program’s trust