Cryptocurrency Tycoon's Daughter Escapes Kidnapping Attempt: Viral Video Captures Terrifying Ordeal
French authorities are on the hunt for armed men who attempted to kidnap a woman, believed to be the daughter of a cryptocurrency tycoon, on Tuesday.
What Happened: Three men in a van arrived in a busy street in Central Paris with the intent to kidnap the woman,
Delhi court asks CBI to consider taking over cryptocurrency fraud case probe
A Delhi court examining a cryptocurrency fraud of around ₹2,000 crore has asked the Central Bureau of Investigation (CBI) to consider taking over the probe from Delhi Police suspecting involvement of a syndicate.
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Read More3 Stocks Hiking Dividends Worth Buying
Investing
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Dividend stocks have historically outperformed non-payers by a wide margin, and did so with less volatility.
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Buying income stocks can help you amass a fortune over time,
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Read MoreWhy Quality Themed Mutual Funds Make Smart Sense: Bhupinder Singh Manik
In the world of investing, the quality theme has emerged as a dependable approach, particularly in times of economic uncertainty. Investors are increasingly looking for resilient options and quality-themed mutual funds offer just that. These funds make it easy for investors to access a basket of high-quality companies through a professionally managed, research-backed route.
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Read MoreCrypto miner turned AI provider CoreWeave adds billions in market cap
Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly public company.
CRWV stock climbed as much as 26.3% in New York trading, pushing its market capitalization above $38 billion. Trading volumes were more than double the daily average,
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Read MoreThe Burst
Is This Old Buffett Favorite Now Worth Buying?
Once upon a time Wells Fargo was beloved by Warren Buffett. Despite scandal after scandal plaguing the company, his conviction couldn’t be shaken, until finally the accumulation of issues appeared to spark a sell.
As a reminder, here are the scandals that rocked Wells Fargo over the years:
- September 2016: The fake account scandal
- September 2016: Improperly repossessing service members’ cars
- December 2016: Wells Fargo fails its ‘living will’ test
- March 2017: More fake accounts
- March 2017: Flunked community lending test
- April 2017: Whistleblower wins $5.4 million and his job back
- August 2017: Lawsuit over overcharging small business retailers
- February 2018: Sacramento sues over discrimination against black and Latino borrowers
- March 2018: Wealth management investigation emerges
- April 2018: $1 billion settlement for mortgage locks and auto-loan issues
- May 2018: Altering business information without client knowledge
- May 2018: $480 million to settle securities-fraud lawsuit
- June 2018: SEC fine for leading investors astray
- July 2018: Refunds over add-ons like pet insurance and legal services
- August 2018: Hundreds of houses foreclosed on due to computer glitch
- August 2018: Wells Fargo pays $2.1 billion for its role in housing bubble
- March 2019: Wells Fargo among advisors sanctioned by SEC for fee-disclosure practices
Since Buffett offloaded his position,
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Read MoreThe Ivy
Why Is Warren Piling Into This Monster Insurer?
Imagine a business that has quietly dominated its industry for decades, steadily outperforming its rivals while keeping an impeccable balance sheet.
Add to the fact that it has thrived during economic downturns and periods of rising interest rates when its peers faded.
In recent years, it’s seen its earnings surge, boosted by both disciplined underwriting and a strong investment portfolio.
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Read MoreThe Spotlight
Market Commentary: Is This 7.9% Dividend Real?
In my view, Verizon’s generous dividend isn’t just stable, it’s on track to climb even higher. As it stands, Verizon offers a tantalizing dividend yield of 7.9%, a figure amplified by the recent dip in its stock price. The stock has lost about a fifth of its value from its peak over the past 52 weeks,
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