Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord

Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year.


Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy

Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt...

Japan Bolsters Defense Supply Chain by Contracting JSW To Produce Armored Vehicles for Self-Defense Forces

Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles...

Private Equity Firms Eye Peloton Amid CEO Departure, Cost-Cutting Talks

Private equity firms are considering buying Peloton amid the CEO's departure and cost-cutting efforts. Restructuring aims to reduce expenses, and debt refinancing is in progress...


Latest News

FTC to Investigate AI Deals of Tech Giants Microsoft, Amazon, and Google
The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.
Terraform Labs Files for Bankruptcy Protection in the US Following $53.6 Billion Crypto Crash
Terraform Labs, a stablecoin behind TerraUSD, filed for Chapter 11 bankruptcy in the United States on Sunday, Jan. 21. The move may allow them to execute their business plan.
Warren Buffett-Led Firm Berkshire Hathaway Buys Remaining 20% Stake in Pilot Travel From Haslam Family
The Warren Buffett-led conglomerate Berkshire Hathaway announced on Tuesday that it is buying the remaining 20% stake in the Pilot truck stop business of the Haslam family.
JetBlue Airways' $3.8 Billion Acquisition of Spirit Airlines Blocked by Judge
A federal judge on Tuesday blocked JetBlue Airways' planned $3.8 billion acquisition of Spirit Airlines.
Alphabet’s Isomorphic Labs Partners With Eli Lilly, Novartis to Accelerate AI-Driven Drug Discovery
Isomorphic Labs, a subsidiary of Alphabet Inc., is set to accelerate AI-driven drug discovery after it entered into strategic research collaboration agreements with Novartis AG and Eli Lilly & Co.
IPO Market Outlook: Companies to Watch in 2024
Investors expect a rebound in the 2024 IPO market. Here are the companies that are expected to go public next year.
Manchester United Sells 25% Ownership to British Petrochemical Billionaire Jim Ratcliffe
Manchester United has confirmed the sale of a 25% stake in the club to British billionaire and INEOS Chief Executive Jim Ratcliffe.
Warner Bros. Discovery, Paramount Are in Early Talks to Merge: Report
Warner Bros. Discovery and Paramount Global are reportedly in early talks about a potential merger.
Warren Buffett-Led Firm Berkshire Hathaway's Bribery Allegations Against a Truck-Stop Billionaire Can't Be Used in Court: Judge
The Warren Buffett-led conglomerate Berkshire Hathaway has been denied in using the allegations that billionaire Jimmy Haslam tried to bribe Pilot truck stop chain's employees to inflate the company's
Japan's Nippon Steel to Buy US Steel in a Deal Valued at $14.9 Billion
Japan's Nippon Steel has secured a deal to buy US Steel for $14.9 billion.
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