
Walmart recruits PayPal finance chief to be its new CFO
Apr 14, 2022 10:11 am UTC| Business Economy
Walmart Inc. was revealed to have hired a new chief financial officer and chose a PayPal executive for the position. It was reported that the retail giant appointed John Rainey to be its CFO, and his assignment will take...

AMC Entertainment buys 7 Bow Tie Cinemas, expands US market presence in US
Apr 14, 2022 09:31 am UTC| Business Economy
AMC Entertainment acquired seven Bow Tie Cinemas that will soon be converted to the companys own brand. The move was part of its plans to further expand its presence in the United States. AMC Entertainment signed a deal...

Cryptocurrency: Nexo, Mastercard debuts world’s first crypto-supported payment card
Apr 14, 2022 09:30 am UTC| Business Digital Currency Investing
Nexo is teaming up with Mastercard and DiPocket to roll out the first crypto card in Europe that will let users spend without selling their virtual assets. The card is said to be the first card in the world with a crypto...

Blockchain: Dallas Cowboys signs first-ever NFL crypto partnership deal with Blockchain.com
Apr 14, 2022 09:17 am UTC| Business Digital Currency Investing
Dallas Cowboys American football team struck a partnership deal with Blockchain.com, which signals its formal entrance into the world of cryptocurrency. The team-up was announced this week by the cryptocurrency financial...

Elon Musk sued by Twitter investors for late disclosure of stake ratio he purchased
Apr 14, 2022 09:03 am UTC| Business Economy
Elon Musk recently bought a 9.2% stake in Twitter and was offered a seat on the companys board, but he turned down the offer at the last minute. Now he is reportedly being sued by investors of the social media platform...

Apr 14, 2022 06:35 am UTC| Business Digital Currency Investing
Meta, Facebooks parent company, is building commerce tools on its Horizon Worlds to allow users to sell virtual goods, including non-fungible tokens or NFTs. After the company revealed it is testing new tools for creators...

Hyundai to build electrified eco-friendly vehicles in US plant
Apr 14, 2022 05:09 am UTC| Business Economy
Hyundai Motor revealed on Wednesday this week that it will be injecting ₩370 billion or about $300 million for its plant in the United States. The funding will be used to support the companys production of eco-friendly...