World and Business

The U.S. Air Force and Boeing have finalized a significant $2.4 billion contract for the procurement of 15 new KC-46 Pegasus aerial refueling tankers. Announced on November 21, this latest agreement for Lot 11 of the program marks another step forward in the Air Force’s efforts to modernize its fleet and bolster aerial refueling capabilities. […]

On Friday, November 22, 2024, Bitcoin reached another record high, edging closer to the $100,000 mark. This remarkable rally has been fueled by expectations of a more crypto-friendly regulatory environment under the leadership of Donald Trump. Bitcoin’s Meteoric Rise Bitcoin has more than doubled in value this year, with a 45% increase in just two

Stripe Inc., one of the largest private fintech companies in the United States, is buying back some of its shares at an impressive valuation of $70 billion. This news, confirmed through internal documents reviewed by Bloomberg, demonstrates Stripe’s ongoing efforts to solidify its position in the financial technology industry and spark renewed interest in the

On November 21, 2024, C&F Financial Corporation, a major financial institution in the United States, announced a regular cash dividend of 44 cents per share. The payment is scheduled for January 1, 2025, for shareholders on record as of December 13, 2024. This decision not only reflects the company’s commitment to delivering value to its

Gautam Adani, India’s second-richest man and one of the world’s most powerful billionaires, is now facing serious bribery allegations in the US. The charges have not only shaken the global financial markets but have also plunged his Adani Group empire into turmoil. The Architect of Adani Group Gautam Adani, born in 1962 in Ahmedabad, Gujarat,

Valenti’s Bakery LLC, a commercial bakery in Paterson, New Jersey, faces a hefty fine of $385,221 after a U.S. Department of Labor investigation found that the company failed to address workplace safety hazards identified during a 2023 inspection. This serves as a strong reminder about the importance of ensuring workplace safety and taking necessary measures

On November 21, 2024, Reinsurance Group of America (RGA), one of the world’s largest life and health reinsurers, and John Hancock, a subsidiary of Manulife Financial Corporation, announced a reinsurance agreement worth approximately $4.1 billion. The agreement covers $1.9 billion in long-term care (LTC) liabilities and $2.2 billion in structured settlements. This deal is part

On November 21, 2024, the U.S. Department of Justice (DOJ) took a significant step toward restructuring Google’s operations by submitting proposals to a federal court. These measures aim to address allegations that Google has maintained an illegal monopoly over its search engine. According to a report by Yahoo Finance, the DOJ’s proposed remedies include requiring