Massive 88,000-Acre Ranch Spanning Two States Sells for $128 Million
Business & Markets • 2 months ago
The Freeman Family Ranches, held for four generations, sold quickly after listing due to its scale and turnkey operation.
Business & Markets News
Amazon Web Services Outage Disrupts Numerous Popular Websites
Business & Markets • 2 months ago
A connectivity issue in AWS's US-West-2 region caused widespread service interruptions for hours on Friday morning.
Amy's Kitchen Recalls Over 184,000 Cans of Soup Due to Spoilage Risk
Business & Markets • 2 months ago
A defect in the pull tab of Amy's Kitchen Organic Lentil Soup – Light in Sodium has prompted a voluntary recall of more than 184,000 cans sold across the U.S. and Canada.
Bain Capital Acquires Vitabiotics for $900 Million
Business & Markets • 2 months ago
US private equity firm Bain Capital has acquired British vitamin manufacturer Vitabiotics for approximately $900 million, marking the end of five decades of family ownership for the company.
US New Home Sales Rise in June, but Affordability Concerns Persist
Business & Markets • 2 months ago
Sales of new single-family homes increased in June, yet elevated mortgage rates and prices continue to temper buyer activity.
U.S. Natural Gas Futures Hover Near $3 Mark
Business & Markets • 2 months ago
Futures remain range-bound as traders assess market dynamics.
American Express Reports 8% Rise in Q2 Profit, Exceeding Expectations
Business & Markets • 2 months ago
Credit card giant American Express saw its second-quarter profits increase by 8%, driven by increased customer spending, lower delinquency rates, and a surge in premium card sign-ups.
Olivia Attwood's Savano Drinks Range Sells Out Rapidly
Business & Markets • 2 months ago
The presenter's newly launched cocktail line, Savano, has sold out on Amazon and in select Sainsbury's stores due to high demand.
oOh!media Staff Face 'Miserable' Culture Amid Private Equity Takeover Speculation
Business & Markets • 2 months ago
Employees report fear and sinking morale at the outdoor advertising giant as takeover talks and restructuring impact the workplace.