Donald Trump Falls Off Forbes’ 400 Richest People in America

Former President Donald Trump has fallen off the list of Forbes’ 400 richest people in America on Tuesday after 25 years of being included on it. Forbes reported that Trump’s fortune dropped to $2.5 billion which is $400 million short …

Read more

‘Pandora Papers’ Reveal Hidden Wealth, Secret Dealings of World Leaders

Some 11.9 million leaked financial documents, dubbed as the “Pandora Papers,” have revealed the secret offshore affairs of 35 current and former world leaders and 336 other public officials in over 91 countries and territories. The documents from financial services …

Read more

Evergrande Struggles to Repay $300bn Debt, Chinese Property Sector Affected

China’s second-largest real estate firm Evergrande stirred fears of crashing the Chinese property sector after it recently warned of defaulting on its $300 billion debt. The world’s most indebted company warned last week that it is likely to default on …

Read more

Trump Organization CFO Allen Weisselberg Surrenders to Prosecutors ahead of Criminal Charges

Trump Organization Chief Financial Officer Allen Weisselberg has to surrender to the Manhattan district attorney’s office early Thursday. Weisselberg and the Trump Organization brace themselves to face criminal charges filed against them in connection with an alleged tax crime. According …

Read more

Federal Judge Rules CDC Has No Authority to Grant Eviction Moratorium

United States District Court Judge Dabney Friedrich said the Public Health Service Act does not give CDC legal authority to impose the moratorium on eviction for non-payment. “The Court recognizes that the COVID-19 pandemic is a serious public health crisis …

Read more

WeWork to Go Public through Merger with BowX Acquisition

WeWork has decided to go public through a merger with special-purpose acquisition company BowX Acquisition Corp in a deal that would value the office-sharing startup at $9 billion, including debt. According to people familiar with the matter, the New York-based …

Read more

Amazon Rainforest Land Illegally Sold on Facebook

Parts of the Amazon rainforest land the size of football fields are sold illegally on Facebook, the BBC reported.  Land grabbers who do not hold legal land titles were found to be selling parts of the Amazon rainforest land, including …

Read more