May 13, 2024 Last Updated 00:18 AM EDT

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Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord

Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year.

Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy

Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt...

Japan Bolsters Defense Supply Chain by Contracting JSW To Produce Armored Vehicles for Self-Defense Forces

Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles...

Private Equity Firms Eye Peloton Amid CEO Departure, Cost-Cutting Talks

Private equity firms are considering buying Peloton amid the CEO's departure and cost-cutting efforts. Restructuring aims to reduce expenses, and debt refinancing is in progress...

Steve Wozniak’s Space Firm Privateer Buys Orbital Insight, Raises $56.5 Million in Funding

Steve Wozniak’s space date company Privateer has acquired Orbital Insi...

EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition

The European Union (EU) has approved Japan's Nippon Steel's acquisitio...

Latest News

Alaska Airlines Nears Virgin America Acquisition with $2 Billion Deal
Alaska Airlines is poised to acquire Virgin America for $2 billion deal surpassing JetBlue with a $56 to $58 per share condition. An announcement will be made should the agreement pursue as the talks
Abu Dhabi's TAQA Slashes Capitex As Oil-Decline Limits Revenue
Abu Dhabi's TAQA is cutting its capital expenditures by reducing its workforce around the globe and sells it assets to recover from its losses.
GE Sells U.S. Hotel Franchise Portfolio Along With Canadian Hospitality And Restaurant Industries Financier
GE will sell its U.S. hotel franchise for $1.4 billion and its other business that finances Canadian hospitality and restaurant industries, separately. The completion of the transaction is expected to
Spotify Raises $1 Billion Through Financing Deal
Music streaming company Spotify raises $ 1 billion deal through financing in the form of convertible debt. TPG rounded the funds together with Dragoneer along with other institutional investors. The d
Synova Capital Sold UK Handbag Maker TLG Brands to Hong Kong's Global Brands Group
Synova Capital has sold its UK fashion accessories brand TLG Brands to Hong Kong’s Global Brands Group. Under Synova’s ownership, TLG Brands has been seeing strong growth and more presence in internat
Yahoo Potential Buyers Have 14 Days to Present Their Bid
Yahoo potential buyers only have until April 11 to submit their bid. Along with the proposed amount are details on how the purchase would be financed, conditions or approvals to be met and what import
Macquarie Led Group Wins Approval From Louisiana Acquiring Cleco For $3.4 Billion
A group of investors led by Macquarie has reached an agreement with utility company Cleco to acquire the latter for $3.4 billion during October 2014. The acquisition proposal has previously been rejec
Shell reportedly plans to dispose of its North Sea assets
Royal Dutch Shell is reportedly seeking buyers for its North Sea assets following the merger with BG. The oil company intends to raise $30 billion from the sale of its global assets in order to balanc
Nissin Made a Takeover Approach to Premier Foods, Buying 17 Percent Stake in The Company
Nissin has made its takeover approach to Premier Foods by buying 17.3 percent stake in the company. The deal made Nissin Premier Foods’ largest stakeholder, but the company must agree to not make a ta
Greene Touch Empowers Google Dealing With Home Depot
Google has been witnessed to expand its client service network under the direct leadership of former VMWare co-founder Diane Greene. Google Cloud Platform has announced winning Landing Home Depot as i

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California's Landmark Price Transparency Law to Go Into Effect in July — Here's What You Need to Know

California's Landmark Price Transparency Law to Go Into Effect in July — Here's What You Need to Know

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Prominent Australian Businessman Dies After Head Repeatedly Hit With 'Blunt Object' Inside Home; Killer Still on the Loose

Prominent Australian Businessman Dies After Head Repeatedly Hit With 'Blunt Object' Inside Home; Killer Still on the Loose

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Social Security Expansion Allows Food Stamp Recipients to Automatically Qualify for SSI Benefits

Social Security Expansion Could Allow Food Stamp Recipients to Automatically Qualify for SSI Benefits

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Donald Trump Net Worth Reaches an All-Time High After Truth Social Stock Jumps Over 10%

Donald Trump Net Worth Reaches an All-Time High After Truth Social Stock Jumps Over 10%

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Homeless Woman Discovered Living Inside Michigan Grocery Store Signage With Computer, Cofee Maker After Contractors Found Suspicious Extension Cord

Homeless Woman Discovered Living Inside Michigan Grocery Store Signage With Computer, Coffee Maker After Contractors Found Suspicious Extension Cord
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