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Wells Fargo Launches USD 20 Million Native Initiative for Native American Communities

Bryan Shin01/13/2023

16439

Wells Fargo & Co. (NYSE: WFC) has announced a USD 20 Million commitment to push economic opportunities in Native American communities working with Native-led organizations. This initiative aims to...

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Crypto Exchange Kraken to End Japan Operations

Rebecca Urena12/28/202212/28/2022

17416

Kraken, a digital currency exchange, is set to close down its operations in Japan next month as the crypto industry continues to crumble. The company’s users have until the...

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U.S. Postal Service to Purchase 66,000 Electric Vehicles by 2028

Rebecca Urena12/20/2022

16419

The U.S. Postal Service intends to acquire at least 66,000 electric vehicles as it aims to transform its delivery fleet. The change comes amid pressure from environmental campaigns to...

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Meta Faces Possible $11.8 Billion Fine

Rebecca Urena12/19/202212/19/2022

20054

The European Union on Monday issued Facebook parent company Meta (NASDAQ: META) a list of objections regarding its pairing of Facebook Marketplace with its personal social network. The European...

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Meta to Lay Off Over 11,000 Employees

Rebecca Urena11/09/202211/09/2022

16429

Meta (NASDAQ: META) will be laying off 13% of its employees, more than 11,000 workers, according to a letter sent out to staff members by CEO Mark Zuckerberg. The...

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BMW is Prepared to Invest $1.7 Billion to Build Electric Vehicles

Rebecca Urena10/20/2022

16400

BMW Group (OTCMKTS: BMWYY) is set to invest USD1.7 Billion in its U.S. operations to manufacture electric vehicles and batteries, according to the company. The move will include USD1...

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PepsiCo Raises Forecast Amid Positive Q3 Earnings Results

Rebecca Urena10/12/202210/12/2022

18191

PepsiCo (NASDAQ: PEP) increased its forecast for the year as higher prices helped boost the company’s revenue for the third quarter. The snack and beverage maker’s shares rose about...

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Honda & LG to Build $3.5 Billion Battery Plant in Ohio

Rebecca Urena10/11/2022

16842

Honda (NYSE: HMC) and battery maker LG Energy Solutions announced that they are investing USD3.5 Billion to build a shared battery factory in southern Ohio. Additionally, the automaker is...

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Micron to Invest $100 Billion to Build Chip Plant in New York

Rebecca Urena10/04/202210/04/2022

17334

Micron (NASDAQ: MU) is set to spend a max of USD100 Billion throughout the next two decades building a new computer chip factory in upstate New York, according to...

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Hard Rock to Invest $100 Million to Raise Employees’ Wages

Rebecca Urena09/13/2022

18189

Hard Rock International and Seminole Gaming announced plans to spend over USD100 million to increase wages for half of its U.S. employees. The over 10,000 workers will receive significant...

Tag: investment

Wells Fargo Launches USD 20 Million Native Initiative for Native American Communities

Crypto Exchange Kraken to End Japan Operations

U.S. Postal Service to Purchase 66,000 Electric Vehicles by 2028

Meta Faces Possible $11.8 Billion Fine

Meta to Lay Off Over 11,000 Employees

BMW is Prepared to Invest $1.7 Billion to Build Electric Vehicles

PepsiCo Raises Forecast Amid Positive Q3 Earnings Results

Honda & LG to Build $3.5 Billion Battery Plant in Ohio

Micron to Invest $100 Billion to Build Chip Plant in New York

Hard Rock to Invest $100 Million to Raise Employees’ Wages

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