Rakuten Bank Sees Edge Over Rivals Once BOJ Ends Negative Interest Rates
Japanese online lender Rakuten Bank Ltd. says it’s better positioned than rivals to enjoy a profit boost when
2023-08-08 06:27
Beyond Meat earnings drop 30% with falling demand
Troubled plant-based meat company Beyond Meat posted a 30% revenue decline in the second quarter due to falling demand for its products, the company announced Monday.
2023-08-08 06:21
Palantir Raises Profit Forecast, Sets $1 Billion Buyback
Palantir Technologies Inc. raised its forecast for adjusted profit in 2023 and authorized a $1 billion share buyback
2023-08-08 05:51
Electric Vehicle Tech Manufacturer Proterra Files for Bankruptcy
Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Monday. The
2023-08-08 05:47
Starwood Weighs Sale Option for $230 Million American Dream Debt
Starwood Property Trust Inc. says a debt sale at a discount is a possible option for money tied
2023-08-08 05:29
Advent Nears $1 Billion Deal for Retail Brand Zimmermann
Private equity firm Advent International is nearing a deal to acquire Zimmermann in a transaction valuing the Australian
2023-08-08 05:15
Biden's student loan policies continue to face legal challenges
Legal challenges are continuing to target some of President Joe Biden's student loan policies. While his major student loan forgiveness program was blocked by the Supreme Court, the Biden administration is also facing lawsuits over some of its other policy changes aimed at making it easier for borrowers to pay back their loans.
2023-08-08 04:59
After trying for three years, Paramount finally unloads Simon & Schuster for $1.6 billion
Paramount has agreed to sell Simon & Schuster to private equity firm KKR for $1.6 billion in cash, after more than three years of trying to offload the book publishing powerhouse.
2023-08-08 04:57
Beyond Meat Falls After Backing Away From Cash-Flow Target
Beyond Meat Inc. fell in late trading after the plant-based burger company said it’s unlikely to hit its
2023-08-08 04:46
KKR to buy Simon & Schuster for $1.62 billion from Paramount Global
Paramount Global said on Monday it was selling Simon & Schuster to KKR & Co for $1.62 billion
2023-08-08 04:23
Teamsters Deny Yellow’s Claim That Union Caused Trucking Firm’s Bankruptcy
The International Brotherhood of Teamsters balked at Yellow Corp.’s efforts to blame the union for financial woes that
2023-08-08 03:28
Thousands of flights delayed as bad weather threatens Eastern US
More than 1,100 flights have been canceled Monday across the United States -- and more than 3,000 delayed -- as severe weather threatens many eastern states.
2023-08-08 03:27