Dec. 11, 2023 - Arkhouse Management and Brigade Capital Management are looking to acquire Macy's Inc. for $5.8 billion, valuing the retailer at $21 per share, a premium over its recent close at slightly over $17 per share. (Laura Miller | NYC Tourism)
Estimated read time 2 min read
Business U.S.

Arkhouse and Brigade Capital offer $5.8 billion bid to acquire Macy’s

  • Post Date 12/10/2023

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…]

Dec. 8, 2023 - Following reports of a potential takeover by RedBird and Skydance, Paramount shares experienced a surge, with the company's controlling shareholder, Shari Redstone, actively seeking a deal. (Photo: Paramount)
Estimated read time 2 min read
Entertainment U.S.

Skydance and RedBird Capital eyeing takeover of Paramount Global as shares soar

  • Post Date 12/09/2023

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…]

On Friday, Rakuten and German telecommunications company 1&1 unveiled a mobile network using a novel architecture, signaling Rakuten's efforts to improve its struggling mobile division amidst increasing debts. (Photo: Rakuten)
Estimated read time 3 min read
Germany Japan Technology

Rakuten and 1&1 launch Europe’s first virtualized 5G network

  • Post Date 12/08/2023

In a groundbreaking move, Japanese e-commerce giant Rakuten, often likened to Amazon, has partnered with German telecommunications player 1&1 to launch Europe’s first fully virtualized [more…]

The Starbucks boycott prompted RHB Bank to advise investors to sell their shares in Berjaya Food due to a 24% decline in stock price. (Photo: Inform Malaysia)
Estimated read time 2 min read
Investing & Markets Malaysia

Starbucks boycott in Malaysia sends Berjaya Food down

  • Post Date 12/08/2023

In a startling development, the ongoing boycott of Starbucks in Malaysia has triggered a series of cascading effects, leading financial institutions to issue warnings and [more…]

The FDA's approval of Casgevy, a gene-editing treatment developed by Vertex and CRISPR, marks a significant advancement in treating sickle cell disease, impacting around 100,000 Americans with an estimated cost of $2 million per patient. (Photo: MedTech Alert)
Estimated read time 3 min read
Health & Fitness U.S.

FDA grants groundbreaking approval for Casgevy, a revolutionary gene-editing treatment for sickle cell disease

  • Post Date 12/08/2023

In a monumental stride forward in medical science, the U.S. Food and Drug Administration (FDA) has granted approval for the first gene-editing treatment for sickle [more…]

Dec. 7, 2023 - Jon Rahm's anticipated signing with LIV Golf is poised to potentially revive the ongoing conflict within professional golf. (Photo: Irish Independent)
Estimated read time 3 min read
Saudi Arabia Sports U.S.

Jon Rahm to join LIV Golf, igniting golf’s civil war

  • Post Date 12/07/2023

In a surprising turn of events, golf fans worldwide are bracing for a seismic shift in the professional golf landscape as Jon Rahm, the world [more…]

Dec. 6, 2023 - Amazon informed users that it will cease accepting Venmo as a payment method starting January 10, as conveyed in a notice sent to Amazon customers. (Photo: Shutterstock | Amazon)
Estimated read time 2 min read
Technology U.S.

Amazon’s unexpected decision to drop Venmo marks a significant change in its accepted payment methods

  • Post Date 12/07/2023

In a surprising turn of events, Amazon has notified its users that it will cease accepting Venmo as a payment method starting January 10. This [more…]