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Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - Jan. 7 -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - Jan. 7 -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - Jan. 7 -
US adds Tencent and CATL to blacklist of companies working with China’s military
Shares of WeChat owner and EV battery maker fall after defence department discloses designationFinancial Times - Jan. 7 -
Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.CNBC - Jan. 7 -
Nigeria’s Seplat moves in to fill gap as foreign oil companies retreat
Buyer of ExxonMobil’s assets in the west African country wants to double production within six monthsFinancial Times - Jan. 7 -
3-year-old dies, raising death toll in Honolulu fireworks explosion to 4
A 3-year-old boy has died of injuries in the massive explosion of fireworks at a home in Honolulu on New Year's Eve.CBS News - Jan. 6 -
ZKcandy raises $4M for its gaming-focused Layer 2 chain
ZKcandy has closed a $4 million private round of funding to put towards building an ecosystem around its gaming-focused Layer 2 chain.VentureBeat - Jan. 7 -
Meta smart glasses worn by the New Orleans attacker have raised privacy concerns
Meta's smart glasses became a buzzy and popular product in a market that had seen many failures before.NBC News - Jan. 7 -
Fantasy Baseball Trade Fallout: Gavin Lux trade raises questions about Matt McLain's breakout chances
The Reds added Gavin Lux, which clears some things up in Los Angeles, but raises many more questions in CincyCBS Sports - Jan. 7 -
MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin
The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.MarketWatch - Jan. 6 -
McDonald's is the latest company to roll back diversity goals
Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a U.S.NBC News - Jan. 6 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.NBC News - Jan. 6 -
$119 billion of U.S. government debt to be issued this week, raising questions about demand
A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...MarketWatch - Jan. 6 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice left the company at the end of 2024 after 3½ years in the role.CNBC - Jan. 6 -
Is it legal for a credit card company to sell your delinquent debt?
There are a few routes your credit card company can take when you're late on payments — including selling the debt.CBS News - Jan. 6 -
Austria Coalition Talks Collapse, Raising Prospects for Far-Right Freedom Party
The leader of the anti-immigrant Freedom Party of Austria, founded by former Nazis in the 1950s, was expected to be asked to enter into talks to form a new government.The New York Times - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Chinese robot vacuum cleaner company reveals model with an AI-powered arm
Chinese robot vacuum cleaner company Roborock says its new model has an artificial intelligence-powered folding arm for removing socks and other obstacles.CNBC - Jan. 5 -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - Jan. 5 -
Sharks' Macklin Celebrini Joins Elite Company With 28th Point Of Season
San Jose Sharks rookie Macklin Celebrini scored a goal against the New Jersey Devils for his 28th point of the season.Yahoo Sports - Jan. 5 -
Cocksure Kim Jong-un is raising the nuclear stakes. Is it time for South Korea to follow suit? | Simon Tisdall
Under Donald Trump, the US may become an unreliable ally. The case is getting stronger for Seoul to build its own deterrent. So-called frozen conflicts can suddenly turn hot without warning. Look ...The Guardian - Jan. 4 -
Scam Recruiters Are Hiring for Your Company. Here’s How to Fight Back
Employers are collateral damage in a common hiring scam. These scammers can harm prospective hires and damage your company reputation.Inc. - Jan. 4 -
How Much Alcohol Does it Take to Raise Your Cancer Risk?
The surgeon general cautioned the public on Friday that even light or moderate drinking is harmful.The New York Times - Jan. 3 -
The Surgeon General Wants Alcohol Companies to Add a Warning about Cancer Risk
Congress is unlikely to approve new labeling on alcohol anytime soon, but studies linking consumption with cancer put liquor companies in a tough spot.Inc. - Jan. 3 -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - Jan. 3 -
How to Build a Company Culture Employees Will Love
Inc. 5000 founders share hard-won lessons on fostering genuine connection and building a culture every employee will embrace.Inc. - Jan. 3 -
Manufacturers end 2024 in a slump, but rising orders raise hopes for recovery
American manufacturers ended 2024 just as they began it — in a mild slump that still shows little sign of ending ahead of President-elect Donald Trump’s return to the White House.MarketWatch - Jan. 3 -
Trump blasts UK energy policy and ‘windmills’ after company blames windfall tax for less drilling
President-elect Trump is criticizing the United Kingdom’s energy policy and saying it should get rid of windmills after a company blamed the country’s windfall tax for its early exit from drilling ...The Hill - Jan. 3 -
Swave Photonics raises $28.3M for 3D holographic smartglasses and displays
Swave Photonics, a holographic display company, has raised $28.27 million in funding as it prepares components for AI-powered smart glasses.VentureBeat - Jan. 3 -
Germany’s biggest companies top 25 per cent female leadership for first time
Mandatory quota law passed in 2020 has improved equality but country remains behind western peersFinancial Times - Jan. 3