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...In a lawsuit filed by DWAC against Arc Global on Tuesday, lawyers acting on behalf of the Spac allege that Orlando must vote in favour of the deal and accuse him of holding the vote “hostage for his personal...
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...US regulators have long restricted foreign-owned companies from holding TV broadcast licences; updating this rule, in effect, for social media has some logic....
...The US investment group owns 0.5 per cent of the shares in Scottish Mortgage and amassed the rest of the position via equity derivatives, taking it over the 5 per cent disclosure threshold, according to...
...It was around a decade ago that Chad Hutchinson, a former US athlete turned investor, first looked into financing a Formula One racing team....
...The start-up struck a deal in January with BMW, its first commercial agreement, to deploy its robots in the carmaker’s factories in the US, initially in South Carolina. It aims to start this year....
...Top brands advertising around the game include BMW, Doritos and Nerds. The exact amounts they will pay depend on their deals and what is covered under the arrangements....
...Homebuilder Lennar fell 5.8 per cent after it announced on a call with analysts that it is exploring spinning off its $4bn land holdings into a separate entity....
...Lieberman’s group was approved to run a bank holding company once Porticoes actually buys a bank. Some lawyers and former regulators think others may follow suit....
...The Army Corps of Engineers will work with the US Coast Guard to remove the collapsed bridge from the bow of the ship....
...US airlines generated $6.8bn from them in 2022, the latest data available, according to the Bureau of Transportation Statistics. That is more than double from a decade earlier....
...“It’s a lack of affordable vehicles that is holding back more profound growth in EV adoption in the US,” said Sam Adham, analyst at CRU Group....
...“This was a financial stake for us, not a strategic position. The last part of the lock-up is in the first quarter of next year. So you’d expect us to be out of that position sometime around then.”...
...The deal collapsed after US authorities sued to block the deal on competition grounds....
...Trump Media & Technology Group have sued the company, alleging that executives including Donald Trump are manoeuvring to dilute their stake in the business through a “last-minute stock grab” as the former US...
...US-listed Warner, which is home to artists including Dua Lipa, Lizzo and Ed Sheeran, is controlled by Access Industries, the holding company for Ukrainian-born billionaire Sir Leonard Blavatnik....
...After scouring 7.2mn sites, Adalytics found multiple examples of ads from companies and organisations, including Apple, BMW, Walmart and the US Treasury, appearing on dodgy websites, unbeknown to the advertisers...
...The US Federal Reserve has signalled rate cuts in the coming months on lower inflation worries, gradually making money cheaper to borrow....
...“Our loose alliance allows us to be extremely strong when it comes to a long-term battle and that’s what we tell our investors,” Yamamoto said....
...The twist is that it is acquiring those sites from Novo Holdings, its own controlling investor, as part of an agreement in which Novo Holdings will first buy US-based Catalent for a $16.5bn total price tag...
...The carmaker is aiming to raise margins to 8-10 per cent by 2025 or 2026, as part of a plan to match the profitability of premium rivals such as BMW....
...Notably absent from both accounts are insights from those left holding the bag. What of the Wall Street bankers — Morgan Stanley, Bank of America, Barclays — who loaned Musk $13bn for the purchase?...
...Nippon Steel, at least, is still hopeful that its traditional method of holding persistent talks with unions will bear fruit....
...Tired of raids by local bandits, the farmers of a poor Mexican village hire a group of gunslingers from across the US border to protect them....
...Over most of that period delistings were not matched by new issues so there was a net loss of listed companies, mainly in the US and Europe....
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