Business
Business news, market analysis, and corporate updates. Expert insights on companies, industries, and economic trends driving global commerce.
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Portugal Splits Banco Espirito Santo in Two After Hidden Debts Surface
The troubles of Banco Espírito Santo did not start with the central bank’s action on August 3, 2014;…
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Banco Espirito Santo Reborn as Novo Banco After Record 3.58 Billion Euro Loss
On 3 August 2014, Banco de Portugal exercised a resolution measure that divided Banco Espírito Santo (BES)—the nation’s…
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BNP Paribas Pleads Guilty to Sanctions Violations
On this day, July 4, 2014, French multinational bank BNP Paribas has agreed to a guilty plea for…
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Howard Schultz: A Career Retrospective
“When I walked in this store for the first time,” Howard Schultz later said of the original Starbucks…
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Citigroup Faces Probes Over $400 Million Banamex Loan Fraud
For Citigroup, the $400 million fraud at its Mexican subsidiary Banamex is not just a one-time embarrassment. It…
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JPMorgan Chase to Pay $2.6 Billion Over Failures to Flag Madoff
January 8, 2014 — The fine is $2.6 billion. That number is now fixed in the record. JPMorgan…
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JPMorgan Fined $2.6 Billion Over Madoff Ponzi Scheme Role
On January 8, 2014, regulators ordered JPMorgan Chase to pay a $2.6 billion civil penalty for its role…
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Rabobank Fined $1.07 Billion Over Libor Rate Rigging, CEO Quits
On November 3, 2013, authorities announced that Rabobank has agreed to pay a total of $1.07 billion in…
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UBS Agrees to Pay $1.5 Billion in LIBOR Scandal Penalties
The $1.5 billion in penalties that UBS agreed to pay on December 19, 2012, highlight fundamental weaknesses in…
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UBS Pays $1.5 Billion in LIBOR Rigging Penalties
On December 19, 2012, UBS agreed to pay $1.5 billion in penalties to regulators in the United States,…
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HSBC Paid $1.9 Billion for Violating US Sanctions in 2012 Deal
Roughly 14 years ago, the global banking sector was shaken by the revelation that HSBC had breached U.S.…
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Coffees, Bollinger and a Fiddled Number: The Libor Scandal Revisited
Nearly a dozen years have passed since HSBC was implicated in the global LIBOR-rigging scandal, an episode that…
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Barclays Fined £290 Million Over Libor Manipulation Scandal
Barclays Hit with £290 Million Fine Over Libor Manipulation On July 4, 2012, financial authorities announced that Barclays…
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Barclays Fined £290M for Libor Manipulation
London, July 4, 2012 — infopulsetoday.com — Libor is a number. A single, small number — a fraction…
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Mark-to-Market Accounting Did Not Cause the Financial Crisis
WASHINGTON, July 21 — Mark-to-market accounting, the practice of valuing assets and liabilities at current market prices, remains…
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Netflix grew from a DVD-by-mail service into a global streaming and studio player
SCOTTS VALLEY, Calif., July 19 — From a mailroom in this coastal town to the command center of…
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CoreWeave’s GPU-backed debt fuels AI growth but triggers bond market fears
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Wall Street Reassesses AI Valuations as Market Wobbles Highlight Debt Risks
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Nidec Machine Tool Launches MVR-5X Double-Column Five-Axis Milling Machine
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Anthropic Delays IPO as Gartner Data Shows AI Costs Outrunning Projected Revenue
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AppLovin Hit With Securities Class Action Over Alleged Misstatements on AI Model Strength
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Asian Stocks Mixed as Investors Weigh Nvidia Fallout and Leadership Exit
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Tether Gold’s KPMG Audit Sets New Verification Standard for Tokenized Commodities
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US Market Volatility Persists as Investors Debate if Tech Selloff Has Bottomed
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Nvidia shares fall 3% as traders open $9.1M short on Huang spy scandal
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Japan Tobacco’s 272-yen dividend at risk as Putin seizes Russian assets, stock crashes 19%
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How European Airlines Use Financial Hedging to Weather Surging Fuel Costs
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How the Century-Old Jones Act Shapes Fuel Costs and Regional Shipping in Hawaii
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How Router Failures and Outdated Tech Triggered the Nationwide FAA Ground Stop
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Why Soaring Jet Fuel Costs and Surging Demand Mean High Airfares Are Here to Stay
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Private Equity Takeover of easyJet Risks Higher Fares and Service Cuts
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Copper Faces Tug-of-War Between Macroeconomic Headwinds and Structural Shortages
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Inside Archer-Daniels-Midland’s Strategy for Scaling Global Agribusiness
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How Shifting Macroeconomic Conditions Are Reshaping Global Commodity Market Allocations
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China’s New Trade Corridors: How State-Backed Buying Bypasses U.S. Commodity Suppliers
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How Nigeria’s Lithium Factories Could Reshape Africa’s EV Battery Costs and Energy Security