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Tuesday, August 9, 2022

Former Speaker of the House Paul Ryan to chair blank check company

Former Speaker of the House Paul Ryan is joining Executive Network Partnering Corp (ENPC), as chairman. ENPC is the latest special purpose acquisition company...

Chevron acquires Noble Energy in landmark $5 billion deal

On Monday, Chevron Corp. (NYSE: CVX) announced an acquisition agreement for Noble Energy (NASDAQ: NBL) at $5 billion. This marks the largest energy deal...

LVMH enters into final talks with Tiffany & Co. over acquisition

A decade long rivalry is set to end as LVMH Moët Hennessy Louis Vuitton SE has entered into preliminary talks with Tiffany & Co. to...

Elon Musk world’s richest person may become a Trillionaire 

If Elon Musk and Jeff Bezos were competing for the title of world’s richest person, Elon won. He is now almost $100 billion richer...
Chamath Palihapitiya

Billionaire Chamath Palihapitiya invests big in climate change

Billionaire investor Chamath Palihapitiya announced on Tuesday that he just made his “biggest investment in climate change.” In a tweet, Palihapitiya mentioned that he led...

Warren Buffett’s Berkshire Hathaway believes E.W. Scripps can deliver long-term value to shareholders

Berkshire Hathaway, the multinational conglomerate controlled by legendary billionaire investor Warren Buffett, invested $600 million in E.W. Scripps Company (NASDAQ: SSP), the fourth-largest independent TV...

eBay to sell classified ad business to Adevinta for $9.2 billion

Lat week, eBay announced it had negotiated the sale of its classified ad business unit to Adevinta, a Norwegian based publisher majority-owned by Schibsted.  The deal...

Builders FirstSource merger all-stock deal creates mega-giant

The all-stock merger of Dallas-based Builders FirstSource and BMC Stock Holdings (BMC) of Raliegh, North Carolina, has created a mega-giant building materials supplier. The deal...
Microsoft to buy ZeniMax Media and Bethesda

Microsoft to buy ZeniMax Media for $7.5 billion 

Microsoft Corporation (NASDAQ; MSFT)  announced its plan to purchase ZeniMax Media and its game publisher Bethesda Softworks for $7.5 billion. The price tag acknowledges that Bethesda...

Trump changes stance, gives Microsoft 45 days on TikTok deal

Over the course of the last week, President Trump changed his stance on the short-media app TikTok, weighing whether to ban the app outright...

Must Read

Grease star Olivia Newton-John Remembered 

Monday morning news broke that Olivia Newton-John has died. The iconic singer was 73 years old. The legendary star of 1978’s movie musical "Grease” and...