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

France Urges EU To Finance New Defense Strategy Amid Struggles Brought By Russia-Ukraine Conflict
France, Poland, and Estonia are calling on the European Union to secure funding for defense programs in response to vulnerabilities exposed in the EU's defense capabilities during the Russia-Ukraine w
Low-cost Air Carriers JetBlue, Spirit Airlines Terminate $3.8 Billion Merger Amid Anti-Competition Concerns
JetBlue and Spirit Airlines end the $3.8 billion merger due to regulatory concerns, facing challenges.
Macy’s Buyout: New Takeover Bid by Arkhouse, Brigade Reaches $6.6 Billion After Initial Rejection
At $6.6 billion, Arkhouse Management and Brigade Capital Management are bidding more to buy Macy's.
IOTA Foundation's $10 Million Investment Drive: Fueling Digital Trade and Tokenization
The IOTA foundation is investing $10 million in early-stage startups focusing on digital trade and tokenization of real-world assets, fostering innovation within the IOTA ecosystem.
TRVE Brewing Relocates Production Amid Craft Beer Industry Shifts
Denver-based TRVE Brewing has announced the closure of its Acid Temple facility amid industry challenges post-COVID-19 pandemic.
Universal Music Group Announces Job Cuts After TikTok Deal Talks Fail
Universal Music Group (UMG) announced Wednesday that it would reduce its workforce and streamline operations to save €250 million ($27 million) by 2026.
US Regulatory Agency Moves to Block $25 Billion Kroger-Albertsons Supermarket Merger
The US Federal Trade Commission (FTC) sued Kroger and Albertsons to stop their $25 billion merger.
MWC 2024: Hewlett Packard Enterprise, Juniper Networks CEOs Discuss $14 Billion Merger Deal Benefits
The Hewlett Packard Enterprise (HPE) is set to acquire Juniper Networks in a $14 billion deal.
Shein Is Eyeing London IPO Due to Challenges of Listing in the US
Shein is reportedly looking into switching its initial public offering (IPO) from New York to London due to possible issues with a listing in the United States.
Stellantis Partners With Ayvens to Sell 500,000 Cars in Europe, Promoting Sustainable Transportation
Stellantis signed a multi-billion-euro framework arrangement with Ayvens to sell 500,000 automobiles in Europe over three years.
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