Tags: US

Bill Ackman's Firm Pershing Square Postpones Public Listing

Bill Ackman's Firm Pershing Square Postpones Public Listing

Billionaire investor Bill Ackman’s firm Pershing Square announced that it was postponing its initial public offering, saying that there was an ‘enormous sensitivity’ to the size of the transaction.


American Airlines Offers $4.2 Billion in Pay Increase for Flight Attendants to Avoid Strike

American Airlines agreed to allot $4.2 billion worth in pay and benefits to its flight attendants after agreeing on a tentative deal.

Manhattan Gemstone Dealer Charged for Diamond Fraud

Manhattan-based diamond dealer Manashe Sezanayev has been charged for alleged fraudulent practices against fellow jewelry merchants.

Maersk Agrees to Settlement with US Labor Department After Firing Whistleblower

Maersk Line agreed to a settlement offered by the US Labor Department in relation to an alleged retaliatory termination of a container ship seaman who revealed questionable practices and potential safety concerns onboard the company’s vessels.


Latest News

FTC Investigates 8 Companies on ‘Surveillance Pricing’ Practices
The Federal Trade Commission has ordered eight companies to provide information the agency said was offering products and services that use personal data to set prices based on a shopper’s individual characteristics.
Here’s Some Possible Impacts Stock Market, Interest Rates Could Face After Biden Quits White House Race
GoBankingRates provided several immediate impacts that would affect Wall Street and other financial institutions following US President Joe Biden’s decision to stand down from the race to the White House.
Asian Share Markets Likely to Falter Following Biden's Withdrawal from White House Race
Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November.
Joe Biden Stands Down From White House Race — Here’s How the Business World Reacted
US President Joe Biden announced that he was standing down from the country’s presidential election this November, endorsing Vice President Kamala Harris on his stead.
Elon Musk to Move X, SpaceX HQs from California to Texas After Newsom Passes Trans Rights Law
Elon Musk made his intention to move the headquarters of his companies SpaceX and X, formerly Twitter, from California to Texas after California Governor Gavin Newsom signed a transgender rights law.
Business Executives Divided Over Trump Picking JD Vance as VP Running Mate
Republican Party presidential candidate Donald Trump announced on the first day of the Republican National Convention Monday (July 15) that he has chosen first-term Ohio senator JD Vance as his vice-presidential running mate, triggering reactions from business executives across multiple sectors.
SpaceX’s Falcon 9 Grounded After Stage 2 Anomaly in Latest Starlink Launch
SpaceX’s reliable Falcon 9 space transportation fleet has been grounded after an unusual failure in its second stage caused its payload, 20 of the company’s Starlink satellites, to deploy in a lower-than-expected orbit and eventually burn into the Earth’s atmosphere.
Amazon’s Prime Day is Coming Up — Here’s How to Redeem a Gift Card
With Prime Day imminent, people could be able to pay for purchases using Amazon gift cards, which can be redeemed using the Amazon website or app.
PepsiCo, Conagra Seek to Compensate Rising Food Prices with Grocery Deals
Food and snack powerhouses PepsiCo and Conagra Brands announced that they had lower-than-expected revenue and unit sales, citing consumers’ pushback on pricey food items.
Delta Draws Flak Over Social Media Post on Palestinian Flag Pins
Delta Airlines recently came under fire for its response to a social media post about its flight attendants wearing Palestinian flag pins.
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