US Stocks Rebound as Corporate Dealmaking Boosts Investor Confidence
Business & Markets • 3 months ago
Major indexes climbed Monday, aided by Comcast's planned separation and a wave of other corporate activity.
Business & Markets News
ECB Chief Defends Rate Hike Amid Inflation Fight
Business & Markets • 3 months ago
Christine Lagarde stated the central bank's June rate increase was necessary to counter persistent inflationary pressures.
Saks Rebrands as Exemplar Luxury Group After Bankruptcy Restructuring
Business & Markets • 3 months ago
The company emerges from Chapter 11 with reduced debt, a leaner store footprint, and a new strategy focused on high-end retail.
Rocket Lab Acquires Iridium Communications for $8 Billion
Business & Markets • 3 months ago
The acquisition positions Rocket Lab to compete with SpaceX by integrating Iridium's global satellite network and spectrum rights with its launch and manufacturing capabilities.
FAO Schwarz Opens Second NYC Store at Nordstrom
Business & Markets • 3 months ago
The iconic toy retailer expands its presence in Manhattan with a new outpost inside the Nordstrom NYC Flagship, offering immersive experiences.
EchoStar Prepares for Chapter 11 Bankruptcy Filing
Business & Markets • 3 months ago
The satellite pay-TV broadcaster is reportedly nearing a Chapter 11 filing as it faces regulatory challenges.
AI Data Centers Fuel Demand, Sparking Power Concerns for Steel Industry
Business & Markets • 3 months ago
The burgeoning need for electricity by artificial intelligence infrastructure is creating new competition for resources, with steelmakers warning of potential strain on the power grid.
Manchester City Faces Summer Shake-Up Under New Manager Enzo Maresca
Business & Markets • 3 months ago
New boss Enzo Maresca's first transfer window at Manchester City is shaping up to be a busy one, with several key players potentially departing and new targets emerging.
Costco Pretzel Bagels Become Viral Sensation
Business & Markets • 3 months ago
Shoppers are flocking to the warehouse club for the new Kirkland Signature pretzel bagels, sparking widespread enthusiasm online.