Business
- BusinessBloomberg
Retailer Express Seeks Bankruptcy Savior in Toys ‘R’ Us Owner
(Bloomberg) -- Express Inc. is looking to a stakeholder best known for its revival of Toys “R” Us to swoop in with a takeover bid once the retailer enters bankruptcy court, according to people with knowledge of the plans.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTraders Are Cashing Out of Markets En Masse‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits CityWH
1 min read - BusinessBusiness Insider
Billionaire investor Ray Dalio says he's owning gold to hedge the risk of debt and inflation crises
The risks of debt defaults and inflation boost gold as an investment, Dalio said. The precious metal has hit record levels in 2024.
2 min read - BusinessThe Wall Street Journal
America’s Cigarette Market Is Up for Grabs
Philip Morris will soon be able to sell its most successful smoke-free product in the U.S., setting up a battle with its former parent company Altria.
5 min read - BusinessBusiness Insider
China may be shaking out of its slump, and its economy could grow 5% this year after a surprising first-quarter performance, BofA says
BofA still doesn't expect "a full-blown growth rebound" as China grapples with a real estate crisis and weak consumer demand.
2 min read - BusinessNebraska Examiner
Pipe supplier sues Summit Carbon Solutions for $15 million
An Arkansas pipe manufacturer is seeking more than $15 million from a company that wants to build a carbon dioxide pipeline system in Iowa amid delays of their agreement, according to a lawsuit filed this week. The lawsuit filed by Welspun Tubular says Summit Carbon Solutions commissioned the company to produce about 785 miles of […] The post Pipe supplier sues Summit Carbon Solutions for $15 million appeared first on Nebraska Examiner.
2 min read - NewsCoinDesk
Indian Man Pleads Guilty to Creating Spoofed Coinbase Website, Stealing $9.5M in Crypto
According to court documents, Chirag Tomar used his ill-gotten gains to buy Rolexes, Lamborghinis, Porches and more.
2 min read - BusinessBloomberg
Jane Street Strategy in Millennium Suit Involved India Trading, Hearing Reveals
(Bloomberg) -- The allegedly secret trading strategy over which Jane Street Group is suing two former traders and Millennium Management involves options trading in India, lawyers inadvertently revealed at a court hearing. Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTraders Are Cashing Out of Markets En Masse‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits CityJ
4 min read