Joann, the fabric and craft retailer headquartered in Hudson, Ohio, is set to close all of its store locations after being acquired by a new ownership group comprising […]
Real Estate
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Apollo to buy real-estate management firm Bridge Investment for $1.5 billion
Bridge stockholders and unit holders will receive 0.07081 shares of Apollo stock for each share held, valued at $11.50 per share, representing a 45% premium over Bridge’s last […]
Markets
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Will Bitcoin recover? Crypto market reels from $1.4 billion Bybit hack aftermath
Bitcoin remains stable above $95,000, while the overall crypto market capitalization excluding Bitcoin has dropped to $1.18 trillion on Monday. Analysts suggest that institutional interest in Bitcoin may […]
NewsLetter
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Haze or smoke on Delta plane forces passengers to evacuate via slides at Atlanta airport
Passengers aboard a Delta flight were evacuated via emergency slides at Hartsfield-Jackson Atlanta International Airport on Monday after haze or smoke was detected inside the aircraft, according to […]
NewsLetter
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FDA moves to rehire medical device staffers fired only days earlier
Less than a week after mass firings at the Food and Drug Administration (FDA), some probationary staffers received unexpected news over the weekend: they were being rehired. Beginning […]
Economy
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Starbucks to lay off 1,100 corporate workers amid turnaround attempt
Starbucks announced on Monday that it will lay off 1,100 corporate employees by Tuesday morning and eliminate hundreds of open roles. In a letter to employees, CEO Brian […]
Economy
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Berkshire Shares Rise Amid Record Cash Pile, Buffett Maintains Conservative Stance
Berkshire Hathaway’s shares gained momentum as operating earnings surged, but the company’s investment gains from its portfolio slowed significantly in the fourth quarter, dropping to $5.2 billion from […]
Banks
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Robinhood Escapes SEC Penalties in Crypto Probe
Robinhood has announced that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the company’s crypto business without taking any enforcement action. The fintech firm, […]
Markets
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Dow futures jump 300 points as traders look to recover from Friday’s sell-off: Live updates
Stock market futures moved higher early Monday as Wall Street aimed to recover from a decline late last week. Futures for the Dow Jones Industrial Average rose by […]
Uncategorized
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Starbucks lays off 1,100 corporate employees as coffee chain streamlines
Starbucks has announced plans to lay off 1,100 corporate employees globally as part of a restructuring effort led by new Chairman and CEO Brian Niccol. In a letter […]