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

Russia's Oil-Gas Giant Zarubezhneft Seeks to Invest in Vietnam's Offshore Wind Power
Russian oil-gas giant Zarubezhneft expressed its interest in expanding its presence in Vietnam by venturing into offshore wind power projects.
'No Tech For Apartheid:' Growing Number of Google Employees Quit Over Tech Giant's Association With Israel
Google employees express strong opposition to the $1.2 billion contract with Israel.
San Francisco Proposes New Regulation for Grocery Stores to Give Ample Notice Before Shutting
A lawmaker's proposal would require San Francisco grocery stores to provide six months' notice before closing and to look for a replacement supermarket.
Johnson & Johnson Acquires Shockwave Medical for $12.5 Billion to Expand its Heart Device Business
Johnson & Johnson has made a significant acquisition, purchasing medical device maker Shockwave Medical for approximately $13.1 billion to strengthen the company's efforts in fighting heart disease.
McDonald’s Buys All 225 Israeli Outlets From Franchisee Involved in Controversial Boycotts
McDonald's is purchasing Israeli outlets from a longstanding franchisee to boost sales after boycotts.
Who Is Don Hankey? LA Billionaire Behind Trump's $175 Million Fraud Case Bond Says 'It's Not Political Statement'
Don Hankey is known as the "little-known king of subprime car loans," managing the impressive $22.5 billion assets of the Hankey Group
Carousell Group Acquires LuxLexicon, Expanding Luxury Segment Reach; Monthly Listings Surge by 71%
Carousell bolsters luxury market presence with LuxLexicon acquisition, aiming to dominate upscale resale. Capitalizing on rising demand for used luxury items, Carousell eyes strategic growth in e-comm
Cybersecurity Platform Rubrik Announces US IPO Plans
Rubrik announced its intention to list its shares in a US initial public offering (IPO), the cybersecurity software startup said in a filing on Monday.
Biden Administration Set to Approve Multi-Billion Dollar Sale of Fighter Jets, More Weapons to Israel: Report
Reports indicate that the Biden administration is poised to approve the sale of up to 50 American-made F-15 fighter jets, valued at over $18 billion, to Israel.
Home Depot Makes $18.25 Billion Acquisition of SRS in Pro Sales Expansion
Home Depot announced its acquisition of SRS Distribution in a significant $18.25 billion deal.
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