Clothing Retailer Express to Shutter Over 100 Outlets as It Declares Bankruptcy
US multi-brand clothes retailer Express Inc. filed for Chapter 11 bankruptcy and will close over 100 stores.
Deals
IBM's Acquisition of HashiCorp for $6.4 Billion Confirmed, Aimed at Strengthening Cloud Capabilities
This acquisition is intended to enhance IBM's expertise in cloud-based solutions, especially as the demand for AI-driven technologies continues to grow rapidly.
Nvidia Now Acquiring Close Partner Run:ai! Acquisition Price, Purpose, Other Details
Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer plans to do with this acquisition...
Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger
Kroger and Albertsons announced a divestment deal to sell more shops to C&S Wholesale Grocers to get government permission for a merger...
JD Sports to Acquire US Retailer Hibbett for $1.08 Billion Amid Expansion
JD Sports, the UK's largest sportswear retailer, plans to buy Hibbett shares at $87.50 each in cash...
FTC Sues to Block $8.5 Billion Merger of Coach and Michael Kors Handbag Makers
The Federal Trade Commission (FTC) has taken legal action to block Tap...
FTC Sues to Block Tapestry's $8.5 Billion Takeover of Capri Holdings in Massive Luxury Fashion Merge
The Federal Trade Commission filed a lawsuit on Monday to halt Tapestr...
Latest News
Sony Reportedly Eyeing Joint Bid with Apollo to Acquire Paramount Global
Paramount's stock experienced a surge in after-hours trading following news of the bid discussions.
Cisco Introduces New AI Security System Following $28 Billion Acquisition of Splunk
Cisco introduces a cutting-edge security system that harnesses the power of AI, following its acquisition of Splunk in a massive $28 billion agreement.
Disneyland Moves Closer to Expansion Plans as Anaheim City Council Approves $1.9 Billion Project
The Anaheim City Council has given the green light to Disneyland Forward, the Walt Disney Company's ambitious plan to expand its iconic theme park.
Google Employees Stage Protests Across Multiple Offices Against Company's $1.2B Israel Contract
The activists criticized the company for its contract with the Israeli government, accusing it of contributing to what they perceive as a genocide amid Israel's bombing campaign in Gaza.
United Airlines Slashes Reliance on Boeing Planes After Reporting $124 Million Loss
United Airlines has revised its aircraft-delivery expectations for the year due to delays from Boeing.
Did Disney Send Kids to Jeffrey Epstein's Island for Snorkeling? Fake Viral Video Spread on TikTok, X
There have been claims circulating on social media in recent weeks regarding Disney's alleged acquisition of Jeffrey Epstein's island. However, the claims, despite gaining significant attention on pla
Stuff, Newshub Reach Deal to Save TV News, Provide New-Look Bulletin
The 6pm TV3 news has been saved, undergoing a complete transformation and will be provided by rival media company Stuff following the closure of Newshub in early July.
US Steel Shareholders Approve Sale of the Iconic American Firm to Japan's Nippon Steel Despite Joe Biden's Opposition
US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.
4 Paramount Board Members to Step Down as Skydance Merger Talks Heat Up
Four board members of Paramount Global are reportedly planning to leave the company as merger discussions with Skydance Media heat up.
