Macy’s Buyout: New Takeover Bid by Arkhouse, Brigade Reaches $6.6 Billion After Initial Rejection

At $6.6 billion, Arkhouse Management and Brigade Capital Management are bidding more to buy Macy's.


IOTA Foundation's $10 Million Investment Drive: Fueling Digital Trade and Tokenization

The IOTA foundation is investing $10 million in early-stage startups focusing on digital trade and tokenization of real-world assets, fostering innovation within the IOTA ecosystem.

TRVE Brewing Relocates Production Amid Craft Beer Industry Shifts

Denver-based TRVE Brewing has announced the closure of its Acid Temple facility amid industry challenges post-COVID-19 pandemic.

Universal Music Group Announces Job Cuts After TikTok Deal Talks Fail

Universal Music Group (UMG) announced Wednesday that it would reduce its workforce and streamline operations to save €250 million ($27 million) by 2026.


Latest News

Shein is reportedly looking into switching its initial public offering (IPO) from New York to London due to possible issues with a listing in the United States.
Stellantis signed a multi-billion-euro framework arrangement with Ayvens to sell 500,000 automobiles in Europe over three years.
This year, the advertising business is Walmart's priority as they sign a billion-dollar deal with Vizio to tap into more audiences.
Warren Buffett-Backed Capital One to Buy Discover Financial in $35 Billion Deal
Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion.
Polymetal International Sells Its Russian Assets to Siberian Gold Miner for Nearly $3.7 Billion
Polymetal International announced on Monday that it agreed to sell its Russian assets to a Siberian gold miner for approximately $3.7 billion.
London Stock Exchange Group
The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies.
OpenAI, Now Valued at $80 Billion, Launches New Text-to-Video Tool Sora
ChatGPT maker OpenAI reportedly reached a valuation of $80 billion or more after completing a business deal to raise more funds.
Donald Trump's Social Media Deal Greenlighted by SEC — And It Could Make Him a Fortune
The US Securities and Exchange Commission (SEC) has given the green light for former President Donald Trump's media and technology firm to merge with the blank-check acquisition company Digital World Acquisition Corp.
Walmart's $2B Vizio Acquisition Plan Could Give It Advantage in Cheap TV Market Competition
Walmart is reportedly planning to acquire Vizio for $2 billion. Here's what it means for the cheap TV market.
internet
Alphabet wants to seek external funding for its GFiber internet connection company to expand to other locations.
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