Tuesday December 3, 2024
Business
"Vietnam Upholds Death Sentence for Real Estate Tycoon Truong My Lan in Landmark Fraud Case Impacting National Economy"

The death sentence for real estate tycoon Truong My Lan was upheld Tuesday in Vietnam's largest fraud case. The scale of the case had raised concerns about the country's economy.

"BlackRock to Acquire HPS Investment Partners in $12 Billion All-Share Deal"

BlackRock says it has reached an agreement to fully-acquire HPS Investment Partners in an all share transaction worth $12 billion.

"Intel’s Ousted CEO Pat Gelsinger to Receive Up to $10 Million Severance Amid Board Shakeup"

Pat Gelsinger was forced out after the board lost confidence in his plans to turn around the iconic chipmaker. He is set to receive as much as $10.

"Donald Trump Jr. Joining PSQ Holdings Board Sparks 130% Surge in PublicSquare Stock"

PSQ Holdings stock surged 130% in premarket trading after Bloomberg reported Donald Trump Jr. will join the board.

"Compass Inc. to Acquire Christie's International Real Estate in $444 Million Deal"

Compass Inc. agreed to buy Christie’s International Real Estate and other businesses in a transaction valued at $444 million.

"Trump Threatens 100% Tariff on BRICS Nations, Targeting Key Imports from Brazil, Russia, and India"

Trump threatened a 100% tariff on nine nations that make up BRICS. It would impact many goods the US imports.

"Company Revamps Policy, Impacting Earnings on Cash in Non-Retirement Accounts for Clients"

The company is changing a policy that will affect how much some clients earn on cash held in non-retirement accounts.

"Donald Trump Jr. Appointed to Board of PSQ Holdings Inc., Owner of PublicSquare Marketplace"

Donald Trump Jr. is joining the board of PSQ Holdings Inc., the owner of online marketplace PublicSquare.

"OPEC+ Faces Challenges as Production Cuts Struggle to Stabilize Prices Amid Market Share Decline"

OPEC+ has repeatedly stepped in to cut production and prop up prices when they start to fall below $70 per barrel. But as the group loses market share, those moves have less of an impact.

"ServiceTitan Inc. Eyes $501.6 Million IPO in Potential Final Major US Listing of 2024"

Home service software business ServiceTitan Inc. is seeking to raise as much as $501.6 million in an initial public offering.

"BlackRock to Acquire HPS Investment Partners in $12 Billion All-Stock Deal, Strengthening Its Position as Global Asset Management Leader"

BlackRock Inc. agreed to buy HPS Investment Partners in an all-stock deal valued at roughly $12 billion. The purchase will propel the world’s largest asset manager into the highest ranks of

"Bank of England Official Warns Hedge Funds and Trading Venues to Comply with FX Industry’s Global Code of Conduct"

Financial regulators may pressure hedge funds and trading venues that haven’t yet signed the FX industry’s global code of conduct.

"AT&T Projects Strong Profit Growth with Double-Digit Gains Expected by 2027 Amid Network Investments"

AT&T Inc. predicted sustained profit growth over the next three years, including double-digit gains in 2027. AT&T is making investments in mobile-phone and fiber-optic networks.

"U.S. 10-Year Treasury Yield Rises as Investors Anticipate Key Economic Data"

The benchmark U.S. 10-year Treasury yield edged higher on Tuesday. Investors await data that will offer insights about the strength of the U.s. economy.

"Asian Markets Surge as Wall Street's Tech Rally Pushes S&P 500 to New Record High"

The S&P 500 rose 0.2% Monday from the previous session's all-time high to post a record for the year.

"Bank of England Official Warns Hedge Funds and Trading Venues: Compliance with FX Global Code of Conduct on the Horizon"

Financial regulators may pressure hedge funds and trading venues that haven’t yet signed the FX industry’s global code of conduct.

"AI Server Maker’s Shares Surge 7%, Dominating Early Gains in S&P 500"

The AI server maker's shares were once again leading the S&P 500's biggest gainers early Tuesday.

"American Businesses Soar in Optimism as Trump Era Promises Pro-Business Policies and Reduced Regulations"

Surveys show American companies are growing more upbeat about their prospects in anticipation of more pro-business policies.

"Matto Espresso Steals the Spotlight in NYC's Coffee Scene with Affordable, Rapid-Service Lattes"

Matto Espresso has roughly 30 locations in and around New York City. A custom latte can easily cost you $7 and more than five minutes of waiting.

"Trump Vows to Halt Japanese Firm's $15 Billion Takeover Bid for US Steel to Revive American Industry"

Trump has repeatedly said he intends to block a Japanese firm’s $15 billion takeover bid of US Steel.