By Dietrich Knauth NEW YORK (Reuters) – Families who have sued Alex Jones over his false claims about the Sandy Hook massacre have resolved their disputes on how to divide the bankrupt conspiracy theorist’s assets, clearing the way for a sale of Jones’ Infowars platform, attorneys said at a Monday court hearing. Joshua Wolfshohl, an …
Sandy Hook families reach settlement over Alex Jones’ bankruptcy Read More »
(Reuters) -JPMorgan Chase and Bank of America are easing mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple with one of the most destructive natural disasters in the city’s history. Chase Home Lending is providing disaster forbearance for mortgage customers affected by the wildfires, parent firm JPMorgan said on Monday. …
Biggest US banks ready mortgage relief for victims of Los Angeles wildfires Read More »
By Arasu Kannagi Basil and Niket Nishant (Reuters) -Clearwater Analytics has agreed to acquire Enfusion in a $1.5 billion cash-and-stock deal as the financial software maker looks to bolster its international presence and enter the hedge fund industry. Enfusion shareholders will receive $5.85 in cash and $5.40 in Clearwater stock for each share, valuing the …
Clearwater to buy software maker Enfusion for $1.5 billion in expansion push Read More »
By Abigail Summerville NEW YORK (Reuters) – The owners of Crumbl are exploring a sale that could value the popular cookie chain at nearly $2 billion, including debt, according to people familiar with the matter. The Lindon, Utah-based bakery franchise chain is working with investment bank North Point on a sale process that could attract …
Bakery franchise chain Crumbl explores $2 billion sale, sources say Read More »
(Reuters) – The European Union is considering expanding its investigation into whether Elon Musk’s social media network X breached its content moderation rulebook, Bloomberg News reported on Monday, citing the bloc’s tech policy chief. The EU started investigating X, formerly Twitter, in late 2023 over suspected breaches of obligations, partly relating to posts following Hamas’ …
EU considers expanding probe into Musk’s X, Bloomberg News says Read More »
By Nate Raymond (Reuters) – A group opposed to affirmative action filed a lawsuit accusing McDonald’s of not going far enough when it recently rolled back several diversity initiatives by continuing to maintain a program that awards scholarships to Latino and Hispanic students. American Alliance for Equal Rights, a group founded by affirmative action foe …
McDonald’s sued over Latino scholarships despite rolling back diversity initiatives Read More »
By Max A. Cherney, Stephen Nellis SAN FRANCISCO (Reuters) -Arm Holdings, a technology supplier to chip firms, is developing a long-term strategy to hike prices by as much as 300% and has discussed designing its own chips in a move to compete with its biggest customers. For decades, the British firm kept a low profile …
(Reuters) -U.S. drugmaker Pfizer is going “all in” to develop its experimental obesity drug and has been recruiting more experts in that area, Chief Executive Officer Albert Bourla said at the JPMorgan Healthcare Conference on Monday. Bourla said the experts were helping Pfizer “make better and more sound decisions,” and the company could start a …
Pfizer going ‘all in’ on obesity drug development, CEO Bourla says Read More »
SAO PAULO (Reuters) – Brazilian digital lender Nubank has signed an agreement with Mexican convenience store chain Oxxo, run by FEMSA, to expand its cash deposit and withdrawal network in the North American country, the firms announced on Monday. WHY IT’S IMPORTANT Warren Buffett-backed Nubank, one of the Latin America’s largest firms by market value, …
Brazil’s Nubank partners with convenience store Oxxo to expand in Mexico Read More »
(Reuters) -Goldman Sachs has announced a raft of leadership changes after creating a new division, which will focus on financing large deals and providing loans to corporate clients, according to an internal memo seen by Reuters on Monday. The new division, called Capital Solutions Group, will be a part of Goldman’s global banking and markets …
Goldman names leaders for newly created Capital Solutions Group, memo shows Read More »
