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Business News

Court finds Terraform Labs guilty of defrauding crypto investors

A United States District Court has found that Terraform Labs and the company co-founder, Do Kwon, defrauded investors in crypto asset securities. In a post published by the Securities and...

Business News

Elon Musk: Tesla salaries are increasing to fend off rivals poaching staff

The engineers at Tesla are seeing their salaries increase after Elon Musk claimed that companies like Meta are trying to poach their top talent. Musk is also in the market...

Business News

GameStop fails to meet financial expectations

Videogame trading empire GameStop has reached the financial year-end with a disappointing shortfall in expectations. The closing bell was not generous to the household name known throughout the United States...

Business News

Home Depot snaps up SRS in $18.25 billion deal

To enhance Home Depot’s offerings to professional tradespeople, the company has acquired SRS Distribution Inc. The world’s largest home improvement retailer will be making the deal with the “leading residential...

Business News

Amazon scraps “Just Walk Out” for swifter consumer process

Amazon, the biggest retail entity in the world, has scrapped remote “Just Walk Out” checkouts in US-based stores. The move from Jeffery Bezos’ shopping empire was first announced in the...

Business News

More billionaires than ever according to Forbes

Forbes’ annual list shows that this year there have been more billionaires than ever before. The “Rich List” is the annual run-down of the biggest bankrolls on the planet and...