Reddit wants $748 million to reach $6.5 billion in its most anticipated IPO in the US. Reddit seeks to generate $748 million, putting its worth at $6.
Deals
Japan’s Nippon Steel Is Determined to Acquire US Steel Despite Joe Biden's Opposition
After President Joe Biden voiced opposition to the $14.1 billion plan of Japan's Nippon Steel to acquire US Steel, the Japanese firm said it is committed to pursuing the buyout deal.
Dylan Mulvaney's 'Inclusive' Ad Pitch Snubbed By Bud Light Amid Boycott Fallout
After Bud Light faced boycotts and losses, Dylan Mulvaney attempted to reconcile the fallout with an inclusive pitch but was met with silence instead.
Fisker’s Stock Plunges Over 40% After EV Maker Reportedly Explores Bankruptcy
Fisker's stock fell over 40% in after-hours trading on Wednesday, raising investor concerns about the EV company's future.
2 Sundance Film Festival Theaters in Utah Are at Risk of Closure After Their Owner Declared Bankruptcy
The future of two prominent venues of the Sundance Film Festival in Utah hangs in the balance as their owner, Metropolitan Theaters Corporation, filed for Chapter 11 bankruptcy.
Latest News
The $100 billion free trade agreement will boost exports, investments, and job creation while removing most import tariffs on industrial products from the bloc.
Aldi has announced a five-year expansion plan that will see the opening of 800 more of its discount supermarket stores across the US.
Hertz has partnered with Stripe to process worldwide payments for car rentals, ensuring a consistent payment experience across 3,000 Hertz establishments worldwide.
Huawei also has similar agreements with Vivo, Xiaomi, and Oppo, allowing innovation and enabling the development of new products and services without the fear of patent infringement litigation.
US private equity giant Carlyle will buy Southend Airport after a debt settlement. Carlyle, a United States private equity firm, will become the latest foreign corporation to acquire a company in the United Kingdom with the acquisition of Southend Airport after a debt settlement deal.
Accenture has announced its plan to acquire the EdTech startup Udacity. Accenture has announced its plan to acquire the EdTech startup Udacity to bolster its educational offerings in response to the growing demand for AI-focused learning resources.
Grayscale introduces the Grayscale Dynamic Income Fund, which will integrate assets from nine blockchains and award US dollars every three months.
France, Poland, and Estonia are calling on the European Union to secure funding for defense programs in response to vulnerabilities exposed in the EU's defense capabilities during the Russia-Ukraine war.
JetBlue and Spirit Airlines end the $3.8 billion merger due to regulatory concerns, facing challenges.
