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Wednesday, July 24, 2024
Colombia Dodges $700M Mining Claim

Colombia Dodges $700M Mining Claim

An international tribunal has declined to order Colombia to pay $700 million in damages to a Canadian precious metals company, despite finding three years...
Willow $250M Deal For Angel City Football Club

Willow $250M Deal For Angel City Football Club

The Angel City Football Club has agreed to sell a controlling stake to Bob Iger, CEO of the Walt Disney Co., and his wife,...
TikTok Loses 1st Challenge Against EU Big Tech Law

TikTok Loses 1st Challenge Against EU Big Tech Law

TikTok lost its bid to escape European Union digital market rules on Wednesday when the bloc's General Court found the social media platform's global...
EssilorLuxottica $1.5B Streetwear Brand Buy

EssilorLuxottica $1.5B Streetwear Brand Buy

Italian-French eyewear giant EssilorLuxottica announced on Wednesday that it will purchase U.S. urban fashion brand Supreme for $1.5 billion in cash from VF Corp....
Allianz to buy income insurance in US$1.6b

Allianz To Buy Income Insurance In US$1.6B

Allianz SE announced on Wednesday its plan to acquire a majority stake in Singapore-based insurer Income Insurance Ltd. for 2.2 billion Singapore dollars (US$1.64...
Ozy Media Carlos Watson found guilty of fraud

Ozy Media Carlos Watson found guilty of fraud

A New York federal jury on Tuesday convicted former Ozy Media CEO Carlos Watson of fraud and identity theft. The charismatic startup founder was...
Blue Owl Buys Atalaya Capital

Blue Owl Buys Atalaya Capital for $800M

Kirkland & Ellis LLP-advised private-equity shop Blue Owl Capital Inc. on Tuesday unveiled plans to buy alternative credit manager Atalaya Capital Management LP, led...
Lineage Launches Potential $3.6B IPO

Lineage Launches Potential $3.6B IPO

Cold-storage warehouse giant Lineage Inc. on Tuesday set a price range for an estimated $3.6 billion initial public offering (IPO). Represented by Latham &...
NYC Rikers Officers OT Suit

NYC Rikers Officers OT Suit Settlement Reached

New York City has agreed to pay $6.2 million to settle a proposed collective action brought by a group of Rikers Island employees who...
Philly Charter School Embezzlement

Philly Charter School Embezzlement: Nonprofit Leader Sentenced for Theft

Abdur Rahim Islam, the head of famed R&B producer Kenny Gamble's Philadelphia-based housing and education nonprofit, was sentenced to seven years in prison on...

Must Read

VP Kamala Harris Now Ahead of Trump in New Poll: 44%...

In less than a week, the 2024 presidential election has taken a new turn and begun moving quickly. Within days of President Biden suspending...