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Saturday, April 20, 2024
Synchrony Buying Ally Financing Biz

Synchrony Buying Ally Financing Biz With $2.2B Loan Book

In a groundbreaking move, Synchrony Financial is set to acquire consumer lending giant Ally Financial Inc. in a monumental deal, unlocking a treasure trove...
Quest Diagnostics Settles Billing Practices Suit

Quest Diagnostics Settles Billing Practices Suit

Quest Diagnostics, accused of "abusive and illegal billing practices," has reached a settlement in principle in a proposed class-action lawsuit. The agreement involves allegations...
Army Corps Escapes Ohio River Tugboat Service Suit

Army Corps Escapes Ohio River Tugboat Service Suit

In a legal showdown echoing across the Ohio River, the U.S. Army Corps of Engineers emerges victorious as a federal judge dismisses a construction...
Customs Hit Acquisition 362 With Disputed Duty

Customs Hit Acquisition 362 With Disputed Duty

In a legal skirmish that could redefine trade dynamics, Acquisition 362 LLC, operating under the trade name Strategic Import Supply LLC, has launched a...
SVB Cayman Unit Files For Bankruptcy

SVB Cayman Unit Files For Bankruptcy:

The Silicon Valley Bank's (SVB) tumultuous journey takes a new twist as its Cayman Islands unit files for Chapter 15 protection in New York....
Debevoise Leads Kazakh Fintech Firms $1B US IPO

Debevoise Leads Kazakh Fintech Firm’s $1B US IPO

In a financial spectacle brimming with anticipation, Kazakhstan's innovative fintech powerhouse, Kaspi.kz, has embarked on a thrilling journey into the U.S. market, igniting the...
Industrial and Commercial Bank of China Fined $32.4M

Industrial and Commercial Bank of China Fined $32.4M

In a startling revelation, U.S. regulators disclosed on Friday that the Industrial and Commercial Bank of China (ICBC), a global banking giant, is set...
4 Firms Steer $1.8B Kaman Corp Private Deal

4 Firms Steer $1.8B Kaman Corp Private Deal

In a thrilling financial maneuver, aircraft component manufacturer Kaman Corp. has inked a deal to go private, with Arcline Investment Management at the helm,...
Third Circuit Orders Examiner in FTX Bankruptcy Battle

Third Circuit Orders Examiner in FTX Bankruptcy Battle

In a thrilling development on Friday, the Third Circuit issued a decisive order mandating the appointment of an examiner in the bankruptcy case of...
JBT €3.5B bid For Marel HF

JBT €3.5B bid For Marel HF: a High-Stakes Offer Duel

In a strategic move reminiscent of a chess grandmaster, U.S.-based JBT Corp. has declared a jaw-dropping €3.5 billion ($3.8 billion) offer for Icelandic rival...

Must Read

Introducing the New Atlas Robot: Boston Dynamics “Oddly Terrifying” Upgrade 

Boston Dynamics, the pioneering robotics company, made waves on Tuesday with the retirement of its iconic humanoid robot, HD Atlas. After an impressive 11-year...