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Tencent Music To Launch USD 1.2 Billion IPO In The U.S.

Tencent Music To Launch USD 1.2 Billion IPO In The U.S.

Tencent Music Entertainment announced on Monday it is moving forward with its plans to launch its highly-anticipated U.S. initial public offering of up to USD 1.2 Billion after global stock markets were boosted by a truce brokered by U.S. and Chines..

Wayfair Shares Plummet on Larger-Than-Expected Loss

Wayfair Shares Plummet on Larger-Than-Expected Loss

Wayfair Inc. (NYSE: W) reported its third quarter financial results before the opening bell on Thursday. The Company topped revenue estimates, but reported a larger-than-expected loss for the quarter, sending shares plummeting by 17% at the opening ..

Qatar to buy Plaza Hotel in New York

Qatar to buy Plaza Hotel in New York

Katara Holding, Qatar’s stated owned hospitality company, has acquired one of New York’s most iconic buildings, the Plaza Hotel, in a USD 600 Million deal, making the hotel the newest addition to the Company’s portfolio. The Compan..

GDP Growth for First Quarter Shows Disappointing Results

GDP Growth for First Quarter Shows Disappointing Results

Reports for the first quarter of economic growth has been released. According to the figures, the economic growth for the first quarter has been disappointing. This is, however, quite typical since the economy has always been on the slightly under-p..

Free Taxes Possible

Free Taxes Possible

If you laid off your tax returns for the last minute, this does not mean you have to pay handsomely for some agency services to file your taxes. The changes in Tax Cuts and Jobs Act do not kick in until the 2018 taxes are prepared. It means that the..

Ex-Uber CEO Launching Real Estate Startup

Ex-Uber CEO Launching Real Estate Startup

Former Uber Technologies Inc. Chief Executive Officer and Founder, Travis Kalanick announced via Twitter Inc. (NYSE: TWTR) that he will investing $150 million to take a stake in City Storage Systems. Once the transaction closes, Kalanick will become..

Homeowners and How the New Tax Law Affects Them

Homeowners and How the New Tax Law Affects Them

Homeowners are affected by Tax Cuts and Jobs Act (TCJA). The law has done away with two much-used tax breaks while not touching the third one. It is a complex scenario. The TCJA for the 2018 to 2025 period remodels the existing deal by restricting t..