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JPMorgan Invests Hundreds of Millions into Forestry and Minority-led Businesses Projects

When it comes to ESG investing, Jamie Dimon can see the forest for the trees. JPMorgan Chase is kicking off the year with a pair of investments worth hundreds of millions into forestry and minority-led businesses, both of which will…

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Debt Loads Weigh on US Healthcare Industry

US healthcare companies are ailing. The diagnosis? A case of possibly debilitating debt. The etiology is a dual-pronged attack of rising labor costs and rising interest rates following a leverage-fueled dealmaking frenzy, according to a report in the Financial Times….

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Peloton Shows Signs of Life

(Photo credit: Peloton)

You know what they say about getting back on the bike after a headlong fall. Peloton, the poster child for pandemic boom-and-bust companies, announced Wednesday it has managed to rein in its losses and grow its cash flow, beating Wall…

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Serie A Hopes Wall Street Can Get Help it Out of the B-Tier

This Italian football league needs an assist from American lenders. It’s no secret that soccer is the most popular sport in the world, but now Wall Street’s hunger for football is so great that major banks are happily lending to…

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Value of Manuka Honey Plummets

(Photo Credit: cygnus921/Flickr)

So what if you can’t afford eggs anymore? Luxury honey is a steal. Manuka honey, an expensive, especially viscous honey produced predominantly in New Zealand, experienced a pandemic bubble that has now burst in spectacular fashion, according to Bloomberg, leaving…

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UK Company Insolvencies Hit 13-Year High

Local companies in the United Kingdom are going from “Brexiting the European Union” to “exiting the economy.” While a strong earnings season has lifted much of the world to an unexpectedly bubbly headspace this week despite persistently uncertain economic times,…

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JD Sports Hack Highlights UK Cyber Security Concerns

Fancy a firewall, mate? Manchester-based retailer JD Sports is the latest victim in a string of cyber attacks on major UK entities this month. So far, hackers have descended upon retail, postal delivery, fast food, and news outlets. Of Many…

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TikTok CEO to Testify Before Congress

TikTok App

It’s a dance TikTok’s American Big Tech rivals are all too familiar with. TikTok is sending its CEO Shou Zi Chew to testify before the House Energy and Commerce Committee on March 23, marking the first time the company —…

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Ford Slashes Price of Mustang Mach-E

(Photo credit: MrWalkr/Wikimedia Commons)

Ford and Tesla want to charge you less so that you’ll be charging more. On Monday, the Detroit auto giant announced it is dropping the price of its electric Mustang Mach-E crossover by up to nearly 9%, depending on the…

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Fortunes Turn for Short-Sellers in 2023

What happens when the Big Short comes up way short? When rapid inflation and high-interest rates weighed on some of the world’s biggest companies like a pair of cement sneakers last year, short-sellers made a killing. But through the first…

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