New LSE boss in $500 million move to tighten hold on clearing
The London Stock Exchange tightened its grip on derivatives clearing on Friday in a sign of growing confidence that the threat of losing chunks of business to European Union rivals after Brexit was receding. David Pollard reports......»»
Fast-growing software firm relocating from Germantown to Walker"s Point
Fast-growing software firm VBA, which secured a $156 million private equity investment in August 2023, will move its offices from a Germantown cinder-block structure to Milwaukee’s trendy Walker’s Point area......»»
US Inks $138M Deal To Maintain And Upgrade Ukraine"s HAWK Air Defence Systems
In a move to strengthen Ukraine's defense against Russian drone and cruise missile attacks, the United States has announced a sale of air defense upgrades worth $138 million to Ukraine. read more.....»»
The assistant accused of dismembering a millionaire tech CEO was obsessed with his boss" life
Fahim Saleh's body was found in his $2.25 million NYC condo in July 2020. His former assistant, Tyrese Haspil, has been charged with killing him. Tyrese Haspil being escorted out of the 7th preci.....»»
Shell to sell interest in Deer Park refinery to partner Pemex
Royal Dutch Shell agreed on Monday to sell its controlling interest in a Texas refinery to partner Petroleos Mexicanos (Pemex) for about $596 million, the latest move by the European oil major to cut its global refining footprint......»»
Why Belarus Targets Critics in the Streets and Skies
Belarus has long pursued its president’s critics on the streets, and now it’s turned to the skies. For more than 26 years, President Alexander Lukashenko has maintained his hold on power in the East European country of 9.3 million people, putti.....»»
Visa sees pandemic "storm" clearing
Visa Inc is emerging from the COVID-19 pandemic, its top boss said on Tuesday, as a surge in online shopping helped the world's biggest payment processor beat Wall Street estimates for quarterly profit and counter sluggish travel spending......»»
Lyft agrees to sell autonomous-driving unit to Toyota for $550 Million
Lyft Inc. is selling its self-driving division to a unit of Toyota Motor Corp. for $550 million, a move the ride-hailing giant said will help it turn a profit sooner than previously expected......»»
: Lyft selling its self-driving business to Toyota subsidiary
Lyft Inc. is selling its autonomous-vehicle division to a Toyota subsidiary for $550 million in cash, calling the move a way to speed up the development of self-driving technology......»»
Explosive Bay Area biotech raises $500M in upsized IPO
The eight-year-old company has hired nearly 800 people, raised more than $870 million and plans to move into one of the East Bay's most iconic spaces as it rolls out an atypical range of products faster, cheaper and in a more environmentally safe way......»»
Biden"s USDA says it will extend free school lunches for kids through spring 2022
The move on school lunches from the Biden administration is aimed at reaching nearly 12 million kids experiencing hunger or food insecurity. School children are spaced apart in one of the rooms used for lunch at Woodland Elementary Scho.....»»
Johnson & Johnson coronavirus vaccine delivers $100M in sales
Johnson & Johnson raked in $100 million in first-quarter sales from its single-shot COVID-19 vaccine that was put on hold last week by the U.S. Food and Drug Administration......»»
There"s a wealth gap even between millionaires, and it says a lot about growing inequality
Those worth $15 million to $30 million comprise just 16% of very high net worth millionaires, but hold 32% of the cohort's wealth, per Wealth-X. The wealth gap even at the top shows just how .....»»
GameStop CEO George Sherman lost out on nearly $100 million in stock awards after underperforming
GameStop's merchandising boss also forfeited around $20 million of stock because he missed his targets. GameStop CEO George Sherman has forfeited around $100 million wort.....»»
Larry Ellison to stay in Hawaii, plans to tear down his $80M Florida manse
Billionaire Larry Ellison has no plans to move away from Hawaii after paying $80 million for a Florida mansion that he plans to tear down, the Oracle Corp. co-founder and chairman told his staff this week, according to a report by Recode. Ellison sai.....»»
Larry Ellison buys an $80 million mansion in South Florida. Is a move from high-tax Hawaii next?
Oracle co-founder and Chairman Larry Ellison has bought an $80 million mansion in North Palm Beach, Florida, the Wall Street Journal reported, citing two people familiar with the deal. It’s been a good week for Ellison. His net worth hit $.....»»
Billionaire investor Bill Ackman trumpeted a record 70% return, touted a $500 million hedge, and teased a second SPAC in his shareholder letter. Here are the 5 key takeaways.
The Pershing Square boss said his $.....»»
Chart Industries plans $2.5M expansion in Theodore
A Theodore company is expanding its facility and adding jobs. Chart Industries, the new owner of Worthington Industries, is investing $2.5 million to improve its existing facility, construct a new building and purchase needed equipment. The move wi.....»»
Polis signs first bill allocating money from his stimulus package
The $30 million goes to a program aimed at improving ways that people can move around downtowns......»»
Ford To Move $900 Million Plant From Ohio To Mexico: Report
Ford To Move $900 Million Plant From Ohio To Mexico: Report.....»»
Digital assets security company Fireblocks raises $133 million in Series C funding
The New York City-based company allows financial institutions to safely move, issue and store cryptocurrencies......»»