Seven & i shares plunge after founding family abandons $58bn buyout

Group led by Ito family unable to secure financing for Japanese convenience store chain

Topics

Block shares plunge 18%, for worst day on market in 5 years after earnings miss

Block had its worst day on the stock market since 2020 after the company reported an earnings miss.
CNBC - 5d
Shares in Australia’s largest listed tech group plunge as majority of board quits

Allies of scandal-hit co-founder Richard White take control as independent directors resign over ‘intractable differences’
Financial Times - 3d
My truck plunged into a ravine – and for six days I was trapped, alone and afraid

Pinned inside his vehicle, Matthew Reum waited for help to come. But no one knew he had gone missing …. Matthew Reum was driving home late on a dark, foggy night in Indiana when his headlights ...
The Guardian - 1d
Hims & Hers shares plunge 22% on concerns over weight loss business, margins

Hims & Hers on Monday released fourth-quarter results that disappointed on gross margin and sparked concerns about the future of its weight loss business.
CNBC - 1d
WATCH: 2-year-old chihuahua found sprinting on highway reunited with family

Motorists stopped traffic to rescue Henry before he was taken to the San Diego Humane Society.
ABC News - 6h
7-Eleven Founding Family’s Bid to Block Foreign Takeover Collapses

The proposal worth over $50 billion by Junro Ito, the son of the founder of Seven & i Holdings, was aimed at fending off a takeover bid from Canada’s Alimentation Couche-Tard.
The New York Times - 37m
I Found Pornography on My Husband’s Computer. I’m Furious!

A wife feels disgusted and betrayed after discovering a lurid image of another woman on her husband’s computer screen, and worries that he may have permanently damaged their relationship.
The New York Times - Feb. 19
Families return home after sinkhole swallows road

Six families are being allowed to return home in Godstone after being evacuated on Tuesday morning.
BBC News - 5d
M4 and M48 reopens after body found on carriageway

Police say the body, believed to be a man in his 40s, has been identified and next of kin informed.
BBC News - 3d