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 »Google Strikes Back With Major Australian Payments News Organization
CANBERRA, Australia – Seven West Media has become the largest Australian media company to reach an agreement with Google to pay for journalism in a partnership announced Monday before the nation’s Parliament …
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 »China shares fall as NYSE flip-flops delist 3 Chinese telecoms
US-traded shares of Chinese companies declined on Wednesday as the New York Stock Exchange once again changed its mind to whether or not to distribute a trio of China-based telecom stocks. American …
Read More »China’s Internet shares have skyrocketed after NYSE, it will not distribute three Chinese telecom names
The rallies continued on Tuesday after stocks of US companies lagged behind the New York Stock Exchange, stating that it no longer planned to remove three Chinese telecom shares from its exchange. …
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 »Asian markets mostly contain stock, but stock in China falls after Alibaba protests
Asian shares remained mostly high on Thursday, following a mixed set of reports on Wall Street’s economy of small stocks. Benchmarks grew in Tokyo, Hong Kong and Sydney. Stocks in Shanghai fell, …
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