Business

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Evergrande Founder Hui Ka Yan Sentenced to Life in Prison for Fraud
Business38d ago

Evergrande Founder Hui Ka Yan Sentenced to Life in Prison for Fraud

Hui Ka Yan, founder of China's Evergrande Group, has been sentenced to life in prison and had his assets seized, marking a dramatic turn for China's real estate sector amid a deepening property crisis.

30 sources · over 2 days
State Farm Announces $5 Billion Dividend, Its Largest-Ever Payout to Policyholders
Business38d ago

State Farm Announces $5 Billion Dividend, Its Largest-Ever Payout to Policyholders

State Farm is distributing $5 billion in dividends to millions of auto insurance customers across the US, marking a historic payout that could benefit policyholders with checks arriving throughout late summer.

8 sources · over 3 days
Ferrari's First Electric Car Sells for Record $40 Million at Auction
Business39d ago

Ferrari's First Electric Car Sells for Record $40 Million at Auction

Ferrari's debut electric vehicle, the Luce, sold for an unprecedented $40 million at a California charity auction, highlighting both the brand's shift toward electrification and the polarizing response to its design.

20 sources · over 4 days
PM CARES Fund Donations Drop as Reserves Climb to ₹8,452 Crore
Business40d ago

PM CARES Fund Donations Drop as Reserves Climb to ₹8,452 Crore

The PM CARES Fund now holds a record ₹8,452 crore, but new disclosures about falling donations and minimal spending have sparked controversy over its transparency and emergency response role.

8 sources · today