The organization that in the United States says if the economy is in recession or not seems to be asleep at work. The National Bureau of Economic Research defines a recession as …
Read More »Toshiba Receives Settlement Proposal That Could Be Worth More Than $ 20 Billion
Japan’s Toshiba Corp. said on Wednesday it received an acquisition proposal from private equity firm CVC Capital Partners, in a deal that could be valued at more than $ 20 billion if …
Read More »Elon’s Brother Kimbal Musk Pockets Over $ 7 Million From Tesla Stock Trading
Kimbal Musk, Elon’s younger brother, made more than $ 7 million trading shares of Tesla Inc., as he acquired shares through options and sold them on the same day at an average …
Read More »GameStop to sell shares after social media-fueled trading frenzy
GameStop Corp. said it could raise hundreds of millions of dollars from the sale of shares in the coming months as the video game retailer turns to public markets to help support …
Read More »Rival Group Makes Approximately $ 680 Million Fully Funded Offering to Tribune
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 »Payday could be coming for US bank investors.
It’s getting closer to business as usual for the largest banks in the US when it comes to payments to shareholders. The Federal Reserve is now poised to end the special restrictions …
Read More »Media startups Axios and Athletic discuss the merger, looking at the SPAC deal
Sports media outlet Athletic is in merger talks with news startup Axios, according to people familiar with the matter, as part of a plan to build a larger online publishing company that …
Read More »WeWork accepts a SPAC agreement that would make the startup public
WeWork has agreed to merge with a special-purpose procurement company, according to people familiar with the matter, in a deal that would go public with the shared office provider nearly two years …
Read More »GameStop’s 53% rise fueled by a 3-to-1 buy / sell ratio as the multitude of ‘meme’ stocks got emboldened
Call it the revenge of meme actions. After taking a beating during the first three days of the week, GameStop Corp. GME shares, + 52.69% skyrocketed Thursday, aided by retailers who remain …
Read More »Microsoft is in exclusive talks to acquire Discord
Microsoft Corp. is in advanced talks to acquire the Discord Inc. messaging platform for $ 10 billion or more, according to people familiar with the matter, as the software giant looks to …
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