Deals
DuPont Splits Into 3 Public Businesses, Appoints New CEO
DuPont announced that it was splitting itself into three companies in the span of 18 to 24 months, with its electronics and water businesses becoming its own separate entity.
Vivek Ramaswamy Buys 7.7% Stake in BuzzFeed, Leading to 20% Share Price Surge
Former GOP presidential candidate Vivek Ramaswamy, a potential Trump running mate, acquired a 7.7% stake in BuzzFeed, causing the company's shares to surge by 20%.
News Corp, OpenAI Sign Unprecedented $250 Million Journalism Content Licensing Deal
NewsCorp and OpenAI have signed an agreement allowing the tech startup to access the content from the media conglomerate’s news sites.
Bank of Japan Announces 11-Year High in 10-year Government Bond Yield
The 10-year Japanese Government Bond (JGB) rose to its highest level in 11 years since a similar rating was recorded back in 2013.
Latest News
Warren Buffet’s company Berkshire Hathaway divulged that it has recently made a $7 billion investment in Swiss insurer Chubb.
Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures.
Czech billionaire Daniel Křetínský's £3.5 billion bid for Royal Mail gains momentum, sparking political tensions over foreign ownership concerns.
Celebrated Singapore-based bag brand Aupen, endorsed by celebrities like Taylor Swift, attracts investor interest from major European fashion conglomerates, H&M Group and Prada Group.
Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group.
Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero.
Red Lobster is unexpectedly shutting 48 US locations, liquidating its assets via an online auction. A sign is posted in front of a Red Lobster restaurant on May 16, 2014 in San Bruno, California.
Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent.
Chuck Schumer's call to action is based on his concern that such mergers could grant oil giants excessive influence over gas prices, leading to potential price increases that would impact consumers.
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.