Hasbro faces holiday blues, layoffs, and challenges in the toy market
In a shocking development, Hasbro, the renowned toy maker, is set to lay off approximately 1,100 employees as it grapples with sluggish sales that have [more…]
U.S. inflation holds steady in November, easing pressure on the Federal Reserve
In November, prices across a wide range of goods and services in the United States experienced a marginal increase, aligning closely with economists’ expectations. The [more…]
TikTok is making a billion-dollar strategic investment to restart into Indonesia’s e-commerce market
In a bold move to reignite its presence in Southeast Asia’s booming e-commerce landscape, China’s TikTok is set to invest a staggering $1.5 billion to [more…]
Abu Dhabi emerges as the new wealth hub for billionaires seeking financial safeguards
The world’s wealthiest individuals have sought to secure their fortunes in overseas havens, from the Cayman Islands to Switzerland to the British Virgin Islands. However, [more…]
Huawei seeks international allies in smart car venture, engages Mercedes and Audi in talks
Chinese tech giant Huawei Technologies is exploring potential partnerships beyond its home turf, initiating discussions with luxury car manufacturers Mercedes Benz and Volkswagen’s Audi to [more…]
Occidental Petroleum to acquire CrownRock for $12 billion in move to bolster Permian presence
In a strategic move to expand its footprint in the prolific Permian Basin, Occidental Petroleum announced on Monday that it has reached an agreement to [more…]
Shohei Ohtani signs record-breaking $700 million Deal with the Los Angeles Dodgers
In a historic move that has sent shockwaves through the baseball world, Shohei Ohtani, the unparalleled two-way talent, has inked a groundbreaking 10-year, $700 million [more…]
Arkhouse and Brigade Capital offer $5.8 billion bid to acquire Macy’s
In a potential game-changing move for the retail landscape, Arkhouse Management and Brigade Capital Management have jointly proposed a $5.8 billion acquisition of Macy’s, as [more…]
Skydance and RedBird Capital eyeing takeover of Paramount Global as shares soar
In a surprising turn of events, Paramount Global experienced a significant surge in its shares on Friday following reports from Deadline and Puck News indicating [more…]
Texas wildcatter Autry Stephens considers selling Endeavor Energy Partners, valued between $25-$30 billion
In the heart of the Permian basin, where fortunes have been made and lost in the pursuit of black gold, Endeavor Energy Partners stands as [more…]