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Wednesday, April 24, 2024
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...

Evanston Insurance Loses Appeal in Sexual Assault Case: Duty to Defend Hospital Upheld

(USA Herald) - In 2019, a New Year’s Eve sexual assault of a patient at a Miami hospital’s mental health ward made headlines around...

BREAKING: Visa, Plaid abandon $5.3B merger deal after DOJ antitrust lawsuit

Visa Inc. (NYSE: V) and Plaid mutually decided to abandon their $5.3 billion merger agreement after the U.S. Department of Justice (DOJ) filed a...
NDL Affiliate, Tropics, to Acquire Skymint Following Court Approval

NDL Affiliate, Tropics, to Acquire Skymint Following Court Approval

In a remarkable turn of events, a significant acquisition is on the horizon as Tropics LP, a secured lender and stalking horse bidder, is...

Kroger and Albertsons merger faces scrutiny by Congress and FTC 

The merger of retail giants Kroger and Albertsons is being closely scrutinized by Congress and the FTC. The proposed 25-billion-dollar merger, was announced in...

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...

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...

Alden Global seeks to purchase Tribune Publishing, signaling massive job cuts

Alden Global Capital LLC, a hedge fund based in Manhattan, NY,  is seeking to purchase Tribune Publishing, the parent company of New York Daily...
Diamondback to Buy Endeavor for $26B

Diamondback to Buy Endeavor for $26B

In a seismic move set to reshape the oil and gas landscape, Diamondback Energy Inc. has unveiled plans to acquire Endeavor Energy Resources LP...

Amazon Investment: Anthropic Receives $2.75 Billion Boost in AI Arms Race

The most recent Amazon investment in Anthropic, is doubling down on its commitment to generative AI. By injecting billions into Anthropic, an AI startup,...

Must Read

House Speaker Johnson Losing Favor With Republicans, Gaining Amongst Democrats

After the short-lived and controversial House speakership of former US Rep. Kevin McCarthy, current House Speaker Mike Johnson took over. Johnson was expected to steer...