Industry News January 20, 2024
Elon Musk Denies $500 Million Funding Report for xAI, Challenges...
Elon Musk is refuting recent reports suggesting that his artificial intelligence (AI)…
By Jackie Allen- Home
- Industry News
Industry News January 19, 2024
Synchrony Buying Ally Financing Biz With $2.2B Loan Book
In a groundbreaking move, Synchrony Financial is set to acquire consumer lending…
By Rihem Akkouche
Industry News January 19, 2024
Army Corps Escapes Ohio River Tugboat Service Suit
In a legal showdown echoing across the Ohio River, the U.S. Army…
By Rihem Akkouche
Industry News January 19, 2024
Customs Hit Acquisition 362 With Disputed Duty
In a legal skirmish that could redefine trade dynamics, Acquisition 362 LLC,…
By Rihem Akkouche
America
January 19, 2024
SVB Cayman Unit Files For Bankruptcy:
The Silicon Valley Bank’s (SVB) tumultuous journey takes a new twist as…
By Rihem Akkouche
America
January 19, 2024
Debevoise Leads Kazakh Fintech Firm’s $1B...
In a financial spectacle brimming with anticipation, Kazakhstan’s innovative fintech powerhouse, Kaspi.kz,…
By Rihem Akkouche
America
January 19, 2024
Industrial and Commercial Bank of China...
In a startling revelation, U.S. regulators disclosed on Friday that the Industrial…
By Rihem Akkouche
America
January 19, 2024
4 Firms Steer $1.8B Kaman Corp...
In a thrilling financial maneuver, aircraft component manufacturer Kaman Corp. has inked…
By Rihem Akkouche
America
January 19, 2024
Third Circuit Orders Examiner in FTX...
In a thrilling development on Friday, the Third Circuit issued a decisive…
By Rihem Akkouche
America
January 19, 2024
JBT €3.5B bid For Marel HF:...
In a strategic move reminiscent of a chess grandmaster, U.S.-based JBT Corp.…
By Rihem Akkouche
Industry News
September 9, 2024
Hostmore Cancels £177M TGI Fridays Takeover
Hostmore, a British restaurant group, announced Monday that it has called off its £177 million ($231.4 million) deal to acquire the American-themed casual dining chain TGI Fridays after losing control…
By Rihem AkkoucheLatest news
Industry News
September 9, 2024
Edgio Filed for Chapter 11 Bankruptcy with $110M Stalking Horse Bid
Edgio Inc., a digital content delivery platform formerly known as Limelight Networks, filed for Chapter 11 bankruptcy protection…
By Rihem Akkouche
Industry News
September 9, 2024
Wheel Pros Files for Bankruptcy with Over $1B Debt
Wheel Pros, the automotive wheel company backed by Clearlake Capital, has filed for Chapter 11 protection in Delaware…
By Rihem Akkouche
Industry News
September 9, 2024
Big Lots filed for Chapter 11, Plans to Shutter Over 300 Stores
Discount retailer Big Lots filed for Chapter 11 bankruptcy protection on Monday in Delaware, listing $556 million in…
By Rihem Akkouche
Industry News
September 9, 2024
Ballard Spahr & Lane Powell to Combine, Forming 750-Lawyer Firm
Ballard Spahr LLP, a Philadelphia-founded law firm, and Lane Powell PC, based in Seattle, announced plans to merge,…
By Rihem Akkouche
Industry News
September 9, 2024
HMRC Fails to Prevent £4B Tax Evasion Among Small Businesses
HM Revenue & Customs (HMRC) has struggled to prevent over £4.4 billion in tax evasion due to gaps…
By Rihem Akkouche
Industry News
September 9, 2024
OCI’s $2.05B Methanol Biz Sale: OCI Global to Sell Majority Stake to Methanex
Dutch hydrogen producer OCI Global announced on Monday its plans to sell an 85% stake in its methanol…
By Rihem Akkouche
Industry News
September 9, 2024
$50 Billion Scam: How Health Insurers Are Exploiting Medicare with Fake Diagnoses
Quick Hits: Medicare Overcharge: Health insurance companies overcharged the federal government by $50 billion through misleading diagnoses under…
By Samuel Lopez
Industry News
September 6, 2024
Bicara Therapeutics $200M IPO for Cancer Drug Development
Bicara Therapeutics Inc., a Boston-based clinical-stage biopharmaceutical company, announced on Friday its plans to raise approximately $200 million…
By Rihem Akkouche
Industry News
September 6, 2024
Trump Hush Money Sentencing Delayed Until After Election Day
The New York judge overseeing former President Donald Trump‘s hush money case announced on Friday that he will…
By Rihem Akkouche
Industry News
September 6, 2024
7-Eleven Parent Rejects $40B Buyout Offer
The parent company of 7-Eleven, Tokyo-based Seven & i Holdings, has rejected a nearly $40 billion buyout proposal…
By Rihem AkkouchePopular News
Industry News
October 7, 2026
Televangelist’s Race Bias Trial Puts Religious Network Owner’s Racist Meme Defense Before Federal Jury
Industry News
October 7, 2026
When The Camera Becomes A Witness – What A Floating Bird Can Teach Us About UAP Evidence
Industry News
October 7, 2026
New Jersey Insurance Executive Kills Wife and Daughter Before Taking His Own Life in $2 Million Home
Industry News
October 7, 2026
Disney Says Trump FCC Is Using ABC Licenses to Pressure and Punish Speech
Industry News
October 7, 2026
Oprah-Backed True Food Kitchen Files Chapter 11 After Expansion Missteps and 12 Abrupt Closures
Industry News
October 7, 2026
