eBay’s board rejected GameStop’s $56 billion takeover bid, calling it “neither credible nor attractive.” Now questions are growing over whether CEO Ryan Cohen will sell the company’s $368 million bitcoin position to make the deal look more credible. CoinDesk’s Sam…
By Michael S. Derby NEW YORK, May 12 (Reuters) – Ongoing U.S. student loan troubles do not appear to be on track to create broader woes in the consumer lending space, a New York Federal Reserve report released on Tuesday…
UK-based accountancy and business advisory group Xeinadin has expanded its regional coverage in the North East of England and North Yorkshire through the acquisition of Wasley Chapman. Founded in 1918, Wasley Chapman has a long-standing client base of owner-managed companies,…
Cal-Maine Foods is expanding beyond its core eggs business with the acquisition of the Van’s breakfast brands from Sara Lee Frozen Bakery. After inking a deal last year for US-based breakfast products maker Echo Lake Foods, Cal-Maine is now buying…
A possible savior for ailing Wendy’s (WEN) may be emerging, one that is old enough to know the founder’s name was Dave Thomas. The news: Nelson Peltz’s Trian Fund Management is on the hunt for an investor consortium to take…
US-based power generation company VoltaGrid has agreed to secure $1bn in strategic equity from funds managed by Blackstone Tactical Opportunities and Halliburton Company to fund growth. The funding package includes a $775m primary capital raise and a $225m secondary purchase…
By Kentaro Okasaka TOKYO, May 12 (Reuters) – Japan will establish a public-private working group this week to address cybersecurity risks to the financial system posed by Anthropic’s new artificial intelligence model Mythos, Finance Minister Satsuki Katayama said on Tuesday….
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. Now that makes for good optics. Shares of 175-year-old materials-maker Corning soared to an all-time high last week following the…
Home equity loan and HELOC rates edged downward last week. HELOC rates are just two basis points away from tying the 2026-HELOC low of 7.19% observed back in Mid-March. HELOC and home equity loan rates: Monday, May 11, 2026 The…
Today’s savings account rates still hover well above the national average. However, the Federal Reserve cut the federal funds rate three times in 2025 and has left rates alone so far in 2026, which means deposit account rates have been…
We may just have gotten an early look at the Google Pixel Watch 5 — and from an unusual source. Randy Pitchford, the creator of the Borderlands game franchise, posted a pair of images of a watch on X, saying…
SAN FRANCISCO — Stephen Curry has a new long-term shoe and apparel deal with Chinese sportswear company Li-Ning. The Golden State star’s Curry Brand announced Monday the partnership to keep building Curry’s global reach in basketball, golf and lifestyle. Curry…
Under pressure from the polls and Gulf allies, the White House is pushing for a deal but Iran wants concessions, writes BBC’s international editor. Source link
