Kimura Capital is reportedly closing its London-based trade finance business and returning money to investors. The company will continue its ventures in commodity logistics and sports management,...
Seven & i Holdings, owner of the 7-Eleven convenience store chain, said Wednesday (Nov. 13) that it received a proposal for a potential management buyout....
Franchise Group, owner of retailers like Vitamin Shoppe, started off this week by declaring bankruptcy. But as the company was collapsing, it paid insiders $5.75...
Fidelity Payment Services rebranded as Sola, and its board appointed payments industry veteran Michael Reed as its CEO. Sola is the new, consolidated brand identity...
The Federal Reserve’s long-awaited interest-rate cut arrived Wednesday (Sept. 18). The move to lower interest rates by 50 basis points marks a pivotal moment in...
Edge AI computing brings the brain of artificial intelligence (AI) directly to your devices, making them smarter, faster and more private. From self-driving cars navigating...
Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. The deal, if it goes through,...
OpenAI is reportedly considering changing its corporate structure to make that structure simpler and more attractive to financial backers. The artificial intelligence (AI) company currently issues...