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Instacart is immediately ending controversial price tests
Instacart is ending price tests after a Consumer Reports investigation that claimed it's inflating grocery bills.
Rebackashley
220
Alphabet agrees to buy Intersect Power for $4.75bn
Deal will help Google’s parent company expand access to generation needed to power AI development
Vanessagilge
220
How U.S. Defense Industry Dodged a Rare-Earth Shortage After China’s Curbs
America’s ability to make precision-guided missiles was threatened during Trump’s tariff war. But experienced players have rescued the supply chain, for now.
Barcresatzrek
209
China Vanke Gets Temporary Lifeline to Prevent Debt Default
Bondholders for one of China’s biggest real estate developers extended a grace period to negotiate a delayed repayment of a $285 million bond.
Chad0999
331
ETHZilla sells $74.5 million of ether in effort to trim debt load
This is the company's second sale of part of its ETH treasury, following a $40 million sale in October to fund share repurchases.
Sioreedabto1975
321
Alphabet to Buy Data Center Partner Intersect for $4.75 Billion
Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus its existing debt, marking one of the largest deals by the tech giant in its push to dramatically expand its data center footprint to power AI.
Kierbowh
229
Larry Ellison Personally Backs Paramount's Bid for Warner
Oracle Chair Larry Ellison says he will personally back Paramount Skydance's bid for Warner Bros. Discovery with a guarantee of $40 billion in equity financing. Ellison's son David is the CEO of Paramount. Paramount is trying to beat out a rival bid from Netflix. Bloomberg's Caroline Hyde reports. …
Pkimutis
310
Daiwa Revives M&A Hiring to Boost Global Status, Ride Japan Wave
Daiwa Securities Group Inc. is resuming an expansion of its mergers and acquisitions business to capitalize on a dealmaking boom at home and lift its standing abroad.
Emmaelliott2888
220
Larry Ellison provides personal guarantee for Paramount takeover of Warner Bros Discovery
WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal The tech billionaire Larry Ellison has agreed to provide a personal guarantee of more than $40bn for Paramount Skydance’s fight to gain control of Wa…
Roxyrademeyer450
108
Instacart is ending its controversial price tests
Instacart has announced it will be ending price testing on its platform. This comes after a study published earlier this month revealed pricing experiments that led to some customers seeing higher prices than others and the FTC saying last week it would be investigating the grocery delivery app.
"Ef…
"Ef…
Red Dog
220
Hut 8’s AI data center deal is bigger than meets the eye: Benchmark lifts price target to $85
Shares of the bitcoin miner jumped higher last week on its $7 billion pact with Google-backed Fluidstack.
Alessandro C
219
Jim Beam to pause production at its main distillery on Jan. 1
The main distillery will be closed for site enhancements, the company said. The pause comes after whiskey production has dropped amid a challenging year.
Testusers
109
State Street Private Credit ETF Stalls in Year of Industry Snags
State Street Corp. seemed to perfectly time the private-markets wave, debuting a private credit exchange-traded fund in February months ahead of an executive order that aimed to push more investors into alternative assets.
Emily Booth
109
Prediction markets beat Wall Street in forecasting inflation, Kalshi says
Kalshi's markets aggregate information from diverse traders with financial incentives, creating a "wisdom of the crowd" effect, the platform said.
Rebackashley
330
TikTok Shop launches digital gift cards to challenge Amazon and eBay
TikTok Shop has rolled out a new feature that allows users to purchase digital gift cards, making it easier to help friends and family buy from the millions of products on the app.
Emily Booth
111
Why Thailand Currency’s Surge Defies Economic Gravity
The Thai baht is heading for its biggest annual gain against the US dollar in eight years. At first glance, there seems to be little to justify its outperformance against regional peers. Thailand’s economy is far from robust, weighed down by sluggish tourism, high household debt and a 19% tariff on …
Dfosteron21
340
Strategy boosted cash reserve by $748 million last week
Led by Executive Chairman Michael Saylor, the company raised the funds entirely by sales of common stock.
Abaskette
231
Revealed: how big businesses are rolling back public support for Pride
Guardian analysis of 20 major companies in UK and US shows mentions of Pride on social media have fallen substantially in past two yearsThe UK’s biggest businesses are rolling back their public support for Pride celebrations, Guardian analysis suggests, prompting warnings that “clear signals” were n…
Barcresatzrek
321
Honeywell says it has a $470 million Flexjet problem, and a lowered profit outlook
Honeywell expects to make a one-time cash settlement payment of $470 million related to the Flexjet lawsuit — and the stock drops.
Camjohnson22