Business
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Bill Ackman’s Pershing Square seeking $2B for IPO — well below $25B target
Billionaire Bill Ackman said on Tuesday that his new portfolio will raise roughly $2 billion in capital — a fraction of the…
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Heineken blames gloomy beer sales on rainy weather during Euro soccer championship
Shares in Dutch brewer Heineken slid nearly 10% on Monday after an expected sports-led boost for beer sales failed to materialize and…
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John Deere under fire for laying off hundreds of American workers
Tractor giant John Deere faced backlash after announced it was laying off hundreds of workers across the Midwest — even…
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NYC developer Michael Shvo sued over shoddy upkeep at luxury building
Prominent Big Apple developer Michael Shvo was slapped with a lawsuit by a disgruntled couple who plunked down $6.1 million…
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Delta to seek compensation from Microsoft, CrowdStrike over global outage
Delta Air Lines has hired a law firm and will seek compensation from Microsoft and CrowdStrike over the global cyber outage earlier this month that disrupted…
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Apple releases first version of iPhone AI with improved Siri, generated photos and messages
Apple on Monday rolled out the first version of Apple Intelligence, a suite of AI features that will drastically change…
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Crypto shares surge after Trump emerges as the crypto candidate at world’s largest Bitcoin conference
Shares of New York-based cryptocurrency firms jumped Monday after Republican presidential candidate Donald Trump talked up bitcoin and promised friendlier regulation for the industry.…
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US states with most financially-strapped residents ranked, study reveals
A personal finance company recently published a survey on the U.S. states with the most money-worried residents – and the…
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Goldman Sachs CEO David Solomon flew to Paris after ‘banning’ staff from Olympics
Goldman Sachs CEO David Solomon jetted off to Paris this week ahead of the Olympic Games — just three months…
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Spooked stock market faces tech earnings minefield, Fed meeting
Rattled investors are bracing for earnings from the market’s biggest tech companies, a Federal Reserve policy meeting and closely watched employment…
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