Siena, ITALY — Monte dei Paschi di Siena is holding firm on its plans to acquire Mediobanca for 13 billion euros ($14.3 billion) despite ongoing market turbulence, telling CNBC it will complete the deal in July. The world's oldest bank still in operation, surprised investors in January by making...
Buffett denies social media rumors after Trump shares wild claim that investor backs president crashing market
Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan video that claimed the president is tanking the stock market on purpose with the endorsement of the legendary investor. Trump on Friday shared an outlandish social media...
China’s cities may see ‘flying taxis’ as soon as three years, aviation company Ehang predicts
A flying taxi displayed at the China Telecom booth at SNIEC in Shanghai, on June 26, 2024, during the opening of Mobile World Congress 2024. Nurphoto | Nurphoto | Getty Images Flying taxis will become a viable method of transportation in China in the next three to five years,...
Many workers would take a pay cut to work from home — some would forgo at least 20% of their salary
Many workers value remote work to such a degree that they'd take a pay cut to be able to work from home, even on a part-time basis, studies show. The prevalence of remote work ballooned during the Covid-19 pandemic. Many experienced telework perhaps for the first time in their careers;...