Nate O'Hara

Nate O'Hara

Nathan is a seasoned commerce writer with a passion for unraveling the intricacies of the business world and distilling them into engaging narratives. During his academic journey, he delved deep into subjects like economics, marketing, and entrepreneurship, honing his analytical skills and developing a keen understanding of market dynamics.

Barclays Will Stop Funding Oil Fields and Gas Initiatives Directly

Barclays has declared its cessation of direct funding for fresh oil and gas initiatives. The banking behemoth also disclosed its intention to limit lending to energy enterprises intending to expand their fossil fuel output. Despite being a substantial lender to ...

Bank of England Planning to Cut Interest Rates to Reduce Borrowing Costs

The Bank of England has opted to maintain interest rates at 5.25%, but hints at a potential move towards reducing borrowing costs. In its recent meeting, the Bank discussed the possibility of rate cuts, citing the expected rapid decline in ...

Deutsche Bank Decides to Lay-off Employees Over Next Two Years

Germany’s primary bank, Deutsche Bank, has announced plans to reduce its global workforce by 3,500 positions by the end of the following year. Joining a string of financial institutions trimming their staff, Deutsche Bank cites a decline in deal-making activity ...

Danske Bank Shows 80% Surge in Profit Over Past Year

Danske Bank has disclosed an 80% surge in pre-tax profit to £186 million in 2023. The bank attributes this growth partially to higher interest rates, which the Bank of England opted to keep steady at 5.25% on Thursday. From 3.5% ...

Post Office Victims Expose the Wrongdoings Behind the Scandal

Lawyers representing sub-postmasters wrongfully prosecuted by the Post Office have emphasized the devastating impact of the scandal on their lives. Following the faulty Horizon software flagging false discrepancies in accounts, hundreds of individuals were convicted, leading to significant harm. The ...

Disney Lawsuit Dismissed Alleging Retaliation By Florida Governor

On Wednesday, a judge dismissed Disney’s federal lawsuit against Florida Governor Ron DeSantis and other defendants, alleging retaliation against the company for criticizing a controversial parental rights education law supported by the governor. Judge Allen Winsor ruled that Disney lacked ...

Qualcomm Smartphone Sales Suggest Recovery for Chip Business

Qualcomm released its fiscal first-quarter results on Wednesday, surpassing analysts’ expectations with a 16% increase in handset chip sales compared to the previous year. However, Qualcomm shares dipped over 1% in after-hours trading. Here are the highlights for the quarter ...

Meta, Tiktok, X and Snapchat Face Congress Questioning Among Privacy Concerns

During a Senate hearing on Wednesday, Sen. Thom Tillis, R-N.C., expressed frustration towards top social media company leaders, including Meta CEO Mark Zuckerberg, TikTok CEO Shou Zi Chew, and X CEO Linda Yaccarino, stating, “We could regulate you out of ...

Nikki Haley Enters Presidential Election Year with $3.5 Million

A political action committee (PAC) supporting former U.N. ambassador Nikki Haley started the election year in January with $3.5 million in cash, according to recent Federal Election Commission (FEC) filings. This relatively modest amount has sparked fresh questions about Haley’s ...

Caixin Survey Shows Growth in China’s Manufacturing Sector in January

China’s manufacturing sector continued its expansion for the third consecutive month in January, propelled by the first growth in new export orders in seven months, according to a private-sector survey released on Thursday. However, the persistent divergence between this data ...