Deal

On Saturday morning, President Donald Trump issued a threat to impose a 100% tariff on Canadian imports, escalating the ongoing dispute spurred by Canada’s recent trade agreement with China. Trump took to Truth Social to warn of the impending tariff, directly targeting Canadian Prime Minister...

Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), has predicted that the company's humanoid robot Optimus could revolutionize the global economy even if it significantly reduces the need for human labor. Despite the technical challenges surrounding the robot's production, Musk's ambitious vision for...

New On The Block Miyoko Schinner — the chef and activist who pioneered artisanal vegan cheese — is mounting a bid to buy back Miyoko's, the plant-based dairy brand she founded in 2014 and was ousted from three years ago. After raising more than $70 million and helping bring cashew-based butter and...

The S&P 500 index has yielded a 220% return in the last 10 years. Peter Mallouk, the CEO of Creative Planning Inc., highlights this data and recalls veteran investor Charlie Munger‘s insights on the power of compounding and being patient through uncertainty. What Happened: According to...

President Donald Trump expressed his hesitation to escalate tariffs on China, citing potential trade stagnation. He also hinted at China’s attempts to negotiate a deal. What Happened: Trump voiced his concerns about escalating tariffs on China, suggesting it could hinder trade between the two...

New On The Block Harley-Davidson (NYSE:HOG) is selling its financing arm. Bloomberg estimates a price tag of $1 billion. The Milwaukee-based motorcycle brand could market the segment to various buyers, including regional banks and private equity firms. Separately, there’s drama brewing on...

New On The Block Intevac, Inc. (NASDAQ:IVAC), which manufactures technologies for applications like solar cells and hard disk drives, has undergone a makeover. With its old restructuring woes in the rearview mirror, the company’s forecasted EBITDA is looking a lot healthier — basically, it...

A sale of Paramount Global (NASDAQ:PARA) could have varied outcomes for Shari Redstone, the controlling shareholder, and other investors in the entertainment giant. National Amusements, controlled by Redstone and has a significant voting stake in Paramount, is in exclusive negotiations to sell...

Two significant developments occurred for Ripple this week; the company withdrew from the Fortress acquisition, as the inclusion of Ripple Labs in the NBG’s exclusive list marked notable gains in price and volume for XRP (CRYPTO: XRP). What Happened (Fortress Deal)?   In...

Global Bank, ING Groep (NYSE: ING) announced the sale of its 85% stake in fintech subsidiary, Cobase to U.K.-listed Alpha Group through the signing of a conditional agreement which is yet to be approved by the Dutch Central Bank. The remaining stake is set to be acquired through a performance-...

Elon Musk has said he is ready to proceed with the Twitter Inc (NYSE: TWTR) takeover deal at $54.20 per share. Later, he asked the Twitter board to end all litigation before the deal closed.  However, Twitter called Musk's latest request to drop litigation an "invitation to...

The U.S. Federal Trade Commission (FTC), led by Chair Lina Khan, has started scrutinizing Amazon.com, Inc's (NASDAQ: AMZN) $1.7 billion deal to buy Roomba vacuum maker iRobot Corporation (NASDAQ: IRBT). In August, Amazon announced its all-cash deal of $61 per share to acquire iRobot....

According to a leaked report being revealed by Coindesk, BlockFi’s long-time backer cryptocurrency investment firm Morgan Creek Digital is trying to raise $250 million to counter FTX’s bailout by purchasing a majority stake in the cryptocurrency exchange.  Recently, BlockFi...

Elliott Management Corp and Vista Equity Partners are nearing a deal to pay about $104 per share for Cloud-computing company Citrix Systems, Inc. (NASDAQ: CTXS). At $104 per share, the deal would value the company’s equity at about $13 billion According to people familiar with the matter, no...

The private equity firm Partners Group Holding banned the word "deal" on company premises, even sanctioning some of its staff $1,000 for using it. What Happened: Partners Group Holding CEO David Layton banned the word during an early June meeting, according to a Wall...