Redbox DVD Rental Business Officially Shutting Down as Parent Firm Faces Bankruptcy Liquidation

Redbox's DVD rental kiosks shut down permanently after parent firm Chicken Soup for the Soul Entertainment changed its Chapter 11 bankruptcy petition to Chapter 7 liquidation.

Elon Musk Vows to Restore Disney+ in Teslas if Disney Resumes Ads on X

Elon Musk promises to reinstate Disney+ in Tesla vehicles if Disney resumes advertising on his social media platform, X...

Rare Stegosaurus 'Apex' Fossil To Be Auctioned For $4-6 Million at Sotheby’s in New York

The near-complete fossilized remains of a 161-million-year-old stegosaurus named "Apex" will be auctioned at Sotheby's annual Geek Week series. The estimated sale price is between $4 million and $6 mi..

UK Unveils New Stock Market Listing Rules to Simplify, Streamline the Process

As UK IPOs declined, the Financial Conduct Authority (FCA) has proposed new regulations for stock market listings...

Latest News

Uber to Acquire Foodpanda’s Taiwan Operations for Whopping $950 Million Cash
Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero.
Red Lobster Abruptly Closes at Least 48 Restaurants in US Amid Bankruptcy Reports
Red Lobster is unexpectedly shutting 48 US locations, liquidating its assets via an online auction.
Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser
Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent.
Chuck Schumer Calls on FTC to Halt Chevron-Hess $53 Billion Merger
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.
Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord
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.
Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy
Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt.
Japan Bolsters Defense Supply Chain by Contracting JSW To Produce Armored Vehicles for Self-Defense Forces
Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles.
Private Equity Firms Eye Peloton Amid CEO Departure, Cost-Cutting Talks
Private equity firms are considering buying Peloton amid the CEO's departure and cost-cutting efforts. Restructuring aims to reduce expenses, and debt refinancing is in progress.
Steve Wozniak’s Space Firm Privateer Buys Orbital Insight, Raises $56.5 Million in Funding
Steve Wozniak’s space date company Privateer has acquired Orbital Insight for an undisclosed amount.
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.
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