The Archegos Meltdown Could Cause $10 Billion in Losses to Banks All Over the World
Money

The Archegos Meltdown Could Cause $10 Billion in Losses to Banks All Over the World

With an extended level of leverage to Archegos compared to other banks, it is expected that Credit Suisse and Nomura Holdings will be the hardest hit companies.
Amazon Has Signed Up an Average of 3,700 New Sellers a Day so Far in 2021
Business

Amazon Has Signed Up an Average of 3,700 New Sellers a Day so Far in 2021

If current trends hold, it is likely that Amazon will have signed up more than 1.4 million sellers on its platform by the end of the year 2021.
Phoenix Police Officers Caught on Footage Saying They Should Gas Out Protesters
Politics

Phoenix Police Officers Caught on Footage Saying They Should Gas Out Protesters

The footage obtained appears to show three Phoenix police officers saying they should “stomp out” Black Lives Matter protesters.
How Biden’s Presidency Could Boost Socially Responsible Investing
Politics

How Biden’s Presidency Could Boost Socially Responsible Investing

Back in 2016, Trump's administration raised concerns over regulations that would complicate responsible investing. Under Biden's presidency, that can change for the better.
Amazon Hiring 100,000 More People in Latest Job Spree in the US
Business

Amazon Hiring 100,000 More People in Latest Job Spree in the US

The e-commerce platform has confirmed that it is opening 100 new operations sites this month, and it’s believed that most of the 100,000 employees coming on board will be deployed into these new facilities.
Pentagon Concludes That Microsoft Should Get the $10 Billion JEDI Contract
Business

Pentagon Concludes That Microsoft Should Get the $10 Billion JEDI Contract

The cloud computing contract was contested between the giant and Amazon, with the latter accusing the DoD of making the decision under the influence of the White House.

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