Macy’s terminates take-private discussions with Arkhouse and Brigade
(Reuters) -Macy’s has terminated Macy’s take-private discussions with Arkhouse Management and Brigade Capital. The decision came after their raised offer lacked financing certainty and failed to offer compelling value, causing a 15% drop in early trading. On Monday, Macy’s disclosed that the investor group revised its offer on June 26. The new offer increased to […]
Airbus upgrades 20-year demand forecast led by wide-body jets
PARIS (Reuters) – Airbus on Monday revised up its 20-year demand forecast for jetliners as many airlines modernise long-haul fleets and Asia’s surging economies lock into air travel. The world’s largest planemaker predicts the global fleet will more than double to 48,230 planes in the next two decades. This forecast was outlined in their annual […]
Goldman profits surge 150% from year ago on Wall Street rebound
Goldman profits surge as Goldman Sachs (GS) reported second-quarter profits soaring 150% from a year ago. Investment banking surged, driving this impressive growth. This latest signal indicates Wall Street is warming up after a two-year drought. Net income was $3.04 billion, which beat analyst expectations. Its total revenues of $12.73 billion also rose 17% from […]
Spain Beat England 2-1 In Thrilling Final To Clinch Record 4th Euros Title
Spain won its record fourth European soccer championship, getting an 86th-minute goal from Mikel Oyarzabal to beat England in the Euro 2024 final on Sunday in Berlin. Spain won all seven games it played at Euro 2024, being crowned champions to cap one of the most dominant international tournament performances in history. #SpainEnglandFinal “I couldn’t […]
Man killed during Trump shooting dived on family to protect them
Authorities report that one man in the audience died while attempting to protect his family during the attempted assassination of Donald Trump on Saturday. The Trump shooting victim heroically shielded his loved ones from harm, sacrificing his own life in the process. Many have widely praised his brave actions. Corey Comperatore, a 50-year-old volunteer fire […]
Institutions snapping up Chinese treasury bonds are shorting the economy, state media says
SHANGHAI, July 13 (Reuters) – Financial institutions snapping up Chinese treasury bonds are basically shorting the Chinese economy, China’s central bank-backed Financial News reported on Saturday. It cited the views of industry sources and experts. #ChineseTreasuryBonds The report is the latest warning to the country’s bond market after the People’s Bank of China (PBOC) sounded […]
Polish miner found alive after more than 48 hours trapped underground
WARSAW (Reuters) -A Polish coal miner trapped underground since Thursday was found alive by rescuers on Saturday, local media reported, highlighting the Polish miner rescue. The Rydultowy mine in southern Poland, operated by state-controlled group PGG, was hit by a tremor at around 0600 GMT on Thursday about 1,200 metres (3,960 feet) below ground. One […]
‘I’m not going anywhere,’ Biden says as campaign struggles
Seeking to revive his struggling reelection campaign, President Joe Biden held a rare rally in Detroit, telling a cheering crowd he wasn’t going to leave the race and warning that Republican Donald Trump poses a serious threat. President Biden affirmed his commitment amidst Biden campaign struggles. Biden, 81, is trying to shift the conversation from […]
Spain vs. England tale of the tape: Who will win Euro 2024?
The Spain vs. England Euro2024 final promises an exciting clash of football giants. The Euro 2024 final is set, with three-time European champions Spain attempting to prevent England’s men from winning the tournament for the first time and, in the process, ending their 58-year wait for international glory since lifting the World Cup in 1966. […]
Pfizer moves forward with once-daily weight-loss pill
Pfizer has selected a preferred once-daily modified-release formulation for its weight loss candidate danuglipron, as the company looks to get ahead in the oral weight loss market. Pfizer is advancing with its once-daily weight-loss pill, marking a significant step in combating obesity. The company reached the preferred choice after an analysis of its ongoing Phase […]