Prominent New York investor, Standard General, has been approached about acquiring all or part of Warner Bros Discovery’s cable television business, including CNN, reported Financial Times.Soo Kim, founder of hedge fund Standard General, has held discussions about potentially buying or investing in WBD’s television networks, according to people familiar with…
The US Federal Reserve has lifted formal supervisory notices that required Citigroup to address weaknesses in its trading risk…
Activist hedge fund Elliott Management has built a stake of more than $1 billion in Lululemon Athletica, positioning itself…
Spot Bitcoin exchange-traded funds recorded a sharp rebound in investor interest on Wednesday, pulling in $457 million in net…
OpenAI and Anthropic are assessing plans to expand their office footprints in Dublin, highlighting how Europe is becoming a…
Global markets opened on Wednesday with investors digesting a mix of technology dealmaking, uneven economic signals, and sharp moves…