Hollywood’s Soccer Takeover
The global trend of celebrities investing in soccer clubs shows no sign of slowing down. Ryan Reynolds and Rob McElhenney, the duo behind Wrexham's much-publicized revival, remain ...
Investment in Women’s Soccer
In a move that doubles the value of the leading women’s sports franchise, Disney CEO Bob Iger and his wife, Willow Bay, are on the brink of a $250 million investment in Angel City FC. This development, initia...
Steel Giants Merge
The proposed acquisition of U.S. Steel by Nippon Steel, a deal worth $15 billion, has stirred up worries about escalating decarbonisation expenses.
The Australasian Centre for Corporate Responsibility (ACCR), a stakeholder holdin...
Global Stock Boom
Global stock markets are experiencing a significant surge, with many indexes nearing and surpassing record highs. This trend has prompted analysts to reconsider the traditional investment strategy of "...
Whopper of a Deal
Burger King, owned by Restaurant Brands International Inc., revealed a strategic move on Tuesday with the acquisition of its largest U.S. franchisee, Carrols Restaurant Group Inc., in a noteworthy deal valued at...
The IKEA Effect
For those accustomed to frequent shopping, the recent years may have involved skillful navigation through store aisles and bracing for potential price increases on beloved items like sandwiches, eggs, or home decor. Encouragingly, a ...
Tech Foundations Shake-Up
In a press release on Tuesday, Atos outlined its strategic measures aimed at reinforcing its financial stability. The company is actively considering asset sales and engaging in discussions with Czech billionaire Danie...
Blue Apron's Renaissance
Wonder Group, led by serial entrepreneur Marc Lore, has successfully acquired Blue Apron Holdings in a $103 million deal, securing the future of the renowned m...
Tax Breaks or Tax Burden
On Tuesday, the St. Louis County Council took a significant step toward an innovative economic partnership with Boeing, a leading aerospace company. The project offers major tax incentives for Boeing, aiming to reshape the r...
The looming danger
Regional and commercial bank stocks witnessed a significant decline in response to Treasury Secretary Janet Yellen's assertion of inevitable bank mergers, as reported by CNN. This article delves into the details of the market reac...
Musk's definitive statement
At Tesla's annual shareholder meeting in Austin, Texas, CEO Elon Musk acknowledged the company's vulnerability to the global economy and provided insights into the challenges it may face over the next 12 months.
Rumor Cl...
Investor alert
Wells Fargo settles $1B class action lawsuit over mishandling of phony account scandal, ending a decade-long fallout.
Key Facts
Preliminary settlement: The $1 billion settlement figure was reported by the Wa...
J&J in India
Johnson and Johnson has sold its largest facility in India, a plant that had been in operation since 2016 in Pengerla, Telengana. The Economic Times reported on Tuesday that Hetero, an Indian compa...
Shares of Helmerich and Payne
Investors in Helmerich and Payne, Inc. (NYSE:HP) should receive a payout of $0.25 per share on Dec. 1. This means that the annual payment will be 2.8% of the current share price, which is in line with the industry avera...
An announcement from Tesla
According to Barron's, electric car company Tesla (Nasdaq: TSLA) has announced the date of its upcoming share split.
Tesla made the announcement on Friday that every shareholder of record on ...
Vaccination against COVID
Albert Bourla, CEO of the US pharmaceutical company Pfizer, believes it is necessary to vaccinate people with three doses of the coronavirus vaccine to fight the pandemic&nb...
Scamming Theranos for investors
A jury in San Jose, on Monday convicted Elizabeth Anne Holmes, businesswoman, founder and CEO of biotechnology company Theranos, of defrauding investors, accordin...
All about Rivian today
Rivian (RIVN) shares fell after the electric car startup released its first financial report as a public company. The losses were higher than analysts had forecast, and Rivian also lowered its production forecast for 2021. Riv...
Robinhood users hacked
Shares in Robinhood (HOOD) fell 3.2% in off-trade after the company reported a hacking attack that put the personal data of 5 million of its customers into the hands of attackers. Robinh...
Losses for three years
GameStop (GME) investor enthusiasm continues to fall, despite the video game company's financial report showing quarterly revenues above Wall Street analysts' forecasts. GameStop is perhaps the best-known 'stock meme', but the...
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