Aldi to Add 800 Discount Grocery Stores Across US in the Next 5 Years
Aldi has announced a five-year expansion plan that will see the opening of 800 more of its discount supermarket stores across the US.
Deals
Israeli Cybersecurity Startup Wiz Rejects Google’s $23 Billion Acquisition: Report
The startup said it will instead focus on reaching $1 billion in revenue before considering publicly selling its shares.
Barbie Creator Mattel's Shares at an Uptick After L Catterton Reveals Buyout Offer
French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters...
Aurea Group Agrees to Acquire The Body Shop Out of Bankruptcy for Undisclosed Amount
The Aurea Group and several investors are expected to acquire The Body Shop after it announced its bankruptcy earlier this year...
US Online Spending Surge to $7.2 Billion, Thanks to Amazon Prime Day Frenzy
The first day of Amazon's Prime Day event in the U.S. saw $7.2 billion in online sales, surpassing expectations and marking an 11.3% increase from the previous year...
Macy’s Ends Buyout Deal with Arkhouse, Brigade After Talks Deteriorate
The board of the department store Macy’s unanimously decided to termin...
Chinese Carbon Tech Firm XDS Invests on Mark Cavendish’s Cycling Team Astana Qazaqstan
Chinese carbon bicycle technology manufacturer XDS confirmed Monday (J...
Latest News
Hertz Partners With Stripe for Seamless Payment Processing Globally
Hertz has partnered with Stripe to process worldwide payments for car rentals, ensuring a consistent payment experience across 3,000 Hertz establishments worldwide.
Amazon and Huawei Settle Legal Disputes by Signing a Global Patent Agreement
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.
London Southend Airport Acquired by US Firm Carlyle in Settlement Deal
US private equity giant Carlyle will buy Southend Airport after a debt settlement.
Accenture to Acquire EdTech Startup Udacity to Build Its Own Learning Platform Focused on AI
Accenture has announced its plan to acquire the EdTech startup Udacity.
Grayscale Launches Innovative Crypto Staking Fund: A Game-Changer in Cryptocurrency Income Generation
Grayscale introduces the Grayscale Dynamic Income Fund, which will integrate assets from nine blockchains and award US dollars every three months.
France Urges EU To Finance New Defense Strategy Amid Struggles Brought By Russia-Ukraine Conflict
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 w
Low-cost Air Carriers JetBlue, Spirit Airlines Terminate $3.8 Billion Merger Amid Anti-Competition Concerns
JetBlue and Spirit Airlines end the $3.8 billion merger due to regulatory concerns, facing challenges.
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.
