The Lagos State Commissioner for Health, Akin Abayomi, has said that establishing the Lagos University of Medicine and Health Sciences will increase the production of medical professionals. At the Lagos Medipark groundbreaking ceremony on Saturday, Mr Abayomi said to counteract the brain drain, “We’re creating the brain gain by making Lagos attractive, and we’re producing … Read more
The Ripple-affiliated XRP prices blasted off to reach multi-year highs of $2.47 per token before receding to $2.38 on December 2, the highest since $1.61 in May 2021. With a market capitalisation of $136 billion, Ripple XRP price predictions reached as high as $4.804 from analysts, including Javon Marks, much higher than the token’s record … Read more
Elon Musk’s business empire is sprawling. It includes electric vehicle maker Tesla, social media company X, artificial intelligence startup xAI, computer interface company Neuralink, tunneling venture Boring Company and aerospace firm SpaceX. Some of his ventures already benefit tremendously from federal contracts. SpaceX has received more than $19 billion from contracts with the federal government, … Read more
Robinhood Chief Legal Officer Dan Gallagher, reportedly a top contender to lead the Securities and Exchange Commission under President-elect Donald Trump, said Friday he is not interested in returning to a government position. Gallagher was appointed to the agency by former president Barack Obama and served as an SEC commissioner from 2011 to 2015. “It … Read more
Donald Trump’s White House win could have a major impact on antitrust regulation and US policy toward the tech sector — including a pair of pending Justice Department cases against Google. Trump — a longtime Google critic who has accused the search giant of political bias and election interference — has nevertheless expressed reluctance to … Read more
EY fired dozens of US staffers for taking multiple online training courses at a time, according to a report. The “Big Four” accounting firm claimed the employees had cheated, while staffers said the incident was just a result of the task-heavy work culture encouraged by the firm. The company terminated employees last week after an … Read more
A top Robinhood executive has emerged as the leading contender to front the Securities and Exchange Commission if Donald Trump wins the presidency and ousts SEC Chair Gary Gensler, according to a report. Dan Gallagher – Robinhood’s chief legal officer and a former SEC commissioner – is believed to be the Republican nominee’s top pick, … Read more
Billionaire Mark Cuban, who has said a vast majority of his investments not poured into “Shark Tank” are on cryptocurrencies, has taken on various roles, including being a television presenter and a former principal owner of the NBA’s Dallas Mavericks. These days, he just wants to be the next chairman of the U.S. Securities and … Read more
Six credit rating agencies agreed to pay a total of more than $49 million in civil penalties to settle U.S. Securities and Exchange Commission charges they broke recordkeeping rules, the regulator said on Tuesday. Moody’s Investors Service, S&P Global Ratings, Fitch Ratings, HR Ratings de Mexico, A.M. Best Rating Services and Demotech each admitted to … Read more
Starbucks’ interim chief executive cashed in more than $341,000 in company stock on news that the java giant tapped Chipotle’s CEO Brian Niccol to replace its embattled boss Laxman Narasimhan, security filings show. Rachel Ruggeri — the Seattle-based coffee chain’s chief financial officer who will be its interim CEO until Niccol officially takes the reins … Read more
