A Maryland hotel magnate and a Swiss billionaire made an offer for Tribune Publishing Co. that the newspaper chain is expected to favor over a takeover deal it has already reached with …
Read More »Los Angeles Times Owner Exploring Company Sale
Billionaire biotech investor Patrick Soon-Shiong is exploring a Los Angeles Times sale less than three years after buying it for $ 500 million, people familiar with the matter said. The move marks …
Read More »Reddit’s valuation rises to $ 6 billion after funding round
Reddit Inc. Has doubled its valuation to a new round of $ 6 billion, which the social-media company has added to users through the Kovid-19 epidemic and recently gained attention for its …
Read More »Inject new oil Momentum price rally tightening oil supply
The rapid boom in oil markets has pushed crude oil prices to their highest level since the onset of the coronovirus epidemic, driven by production restrictions and demand recovery. Brent-crude futures, the …
Read More »About Trump leaving DC. Bad news for these stocks, strategists say
A modest recovery is taking place after Monday’s withdrawal, as does eternal hope for fresh encouragement from President-elect Joe Biden’s administration. And why should the market do what it has been doing …
Read More »Alden wants to buy Global Tribune publication
A hedge fund that owns a large stake in Tribune Publishing Co. TPCO 0.31% According to people familiar with the case, Chicago is trying to buy the newspaper series behind the headlines, …
Read More »Colorful Sogan strategists say tech giants are at risk of declining 2001 style valuations
Albert Edwards, the provocative London-based strategist of the French bank Societe Generale, predicts America and Western Europe for decades that they will follow Japan to an era of deflation and ultraviolet bond …
Read More »A research firm says why should it not be time to shorten the already overpriced markets
To be fair, there is bad news on the coronovirus vaccine front in the markets on Tuesday. But the results were not terrible on the first day of the earnings season, and …
Read More »Modern CEO tells FT that coronovirus vaccine will not be ready on election day
In this file photo taken on August 13, the Modern Protocol files for COVID-19 vaccination are housed at the US Research Centers in Hollywood, Florida. AFP / Getty Images The chief executive …
Read More »Michael Ferro sells Tronc stake to descendant of former Chicago Tribune owner
[ad_1] April 13, 2018 6:07 p.m. ET Tronc Inc. TRNC 4.19% largest shareholder, Michael Ferro, He agreed to sell his stake to a relative of the McCormick family who built the company's …
Read More »