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Fed’s Paulson Says Further Modest Hikes May Be Needed
Russia raises taxes to fund its war in Ukraine
Cat Owners Increase Spending, Benefiting Pet Retailers
BlackBerry (BB) Stock Dips 4% Despite Strong Q2 Earnings on Disappointing Outlook
AI Expands Banks’ Options for Modernizing Legacy Cores
Fearing break-up, Uniper workers want IPO, not sale, as privatisation picks up
Loews options tape shows near-total call dominance ahead of October expiry
Bank of England rate setters warn of ’sparks in the tinderbox’
QNB Syria, partners launch syndicated facility to support Damascus project
Qualcomm (QCOM) Stock Gains as Apple Patent Agreement Extended Through 2027
European Stocks Drop as Bonds Sell Off Globally and Oil Climbs
Westwood CEO Says Texas ETF Listing Aligns With Business
Schnabel to join IMF as financial counsellor
Bloom Energy (BE) Stock Plunges 7% Following Oracle’s Force Majeure Declaration on Project Jupiter
Lowe’s (LOW) Stock Dips 2% Despite Launching Innovative Drone Delivery Service
Similarweb stock falls after naming new CEO
Poland stocks higher at close of trade; WIG30 up 0.04%
Bank of England official signals support for rate increase
Dollar ascends to fresh 2-month high on inflation worry, Fed hike expectations
The court ordered Trump to restore access for CNN, MS Now and Politico last night.
US Energy Department Earmarks $1.9 Billion for Grid Projects
Switzerland, Sweden and Hungary hold rates, Norway hikes
Nobel Prize Winner James Robinson at Odd Lots LIVE
What Happens When 10,000 Treasury Agents Make the Same Decision?
US Stock Indices Decline Amid Rising Treasury Yields
China's Xi Jinping Invites U.S. Firms to Invest in China
India Lets Portfolio Managers Invest Abroad, Short Stocks
PepsiCo plans price hikes on some chips and sodas, Bloomberg News reports
Turkey stocks lower at close of trade; BIST 100 down 2.74%
Two BOE Deputies Signal They Are Moving Toward Raising Rates
Turkey Discusses Investor Paybacks in Fund Crisis Talks
Citi and HSBC Invest in Payment Intelligence Firm IPID
UAE bars flights by Iran's airlines: Iranian media
PepsiCo (PEP) Stock Dips as Company Reverses Pricing Strategy on Chips and Beverages
US Stocks Extend Drop as Oil Surge Stokes Fed Rate-Hike Bets
White House defies court order and blocks access to news outlets
Trump and Xi to Discuss Security and Technology Issues
FDA Nominee Defends MMR Vaccine That Trump Called ‘Lethal’
Why is Rollins stock sliding today?
DeepMind Alumni Draw Investors Beyond Large Language Models
AI Communications App Ando Secures $20 Million in Funding
NY Sues Polymarket in Escalating Crackdown on Prediction Markets
SoftBank raises $11.1bn in world's biggest high-yield corporate bond sale
Cleverbridge Executes France's First Passkey-Authenticated Payment with Revolut
Ghana Remains Cautious on Rates as Wars Seen Stoking Inflation
PepsiCo to Raise Some Prices After Cuts Failed to Grow Sales
Hyundai Anticipated to Surpass Ford in Q3 Sales Amid Hybrid Vehicle Shortage
Fed’s Paulson Says Modest Further Tightening May Be Needed
UAE and Saudi Arabia eye India refinery investments, minister says
Five spots to watch as the bond market sails past 5%
UAE suspends Iranian airlines following US sanctions threat
HSBC axes $26,000 perk for Hong Kong bankers to join members’ clubs
Federal Reserve Board issues enforcement action with former employee of Sandy Spring Bank
A Weary Hollywood Celebrates the Prospect of Federal Funding
Scott Sheffield Claims Exxon CEO Betrayed Him in $60 Billion Pioneer Deal
The Deal: How AI is Changing the Fan Experience
GoDaddy surges 11% after FT reports takeover bid by Gen Digital
Hafnia stock falls after increasing stake in Torm to 19.85%
US new home sales jump to eight-month high in August
Lowe’s Tests 20-Minute Drone Delivery With DoorDash and Alphabet’s Wing
Trump and Xi Discuss Trade and Technology During White House Meeting
Federal Reserve's Paulson Attributes Rate Hikes to September Inflation Reports
Saudi East-West Pipeline Boosts Crude Volumes Amidst Delays at Yanbu
US New-Home Sales Rise to Fastest This Year as Prices Drop
Ghana Holds Rate for Third Time in Row on Inflation Risks
Beyond the AI abundance delusion
U.S. to Maintain Limited Support for NATO Capabilities
GoDaddy Receives Takeover Offer from Norton Antivirus Maker
Fed’s Hammack Says Shocks Risk an Inflationary Mindset
MGM Resorts Shares Drop 9% Following Rescinded Takeover Offer
Shares of MGM Resorts International experienced a significant decline of 9% after Barry Diller's People Inc. announced it would no longer pursue its offer to acquire the remaining public shares of the company. This decision has raised concerns among investors about the future direction of MGM Resorts, a major player in the global hospitality and entertainment industry.
The rescinded offer from People Inc. comes amid ongoing fluctuations in the market and heightened scrutiny of corporate acquisitions. MGM Resorts, based in Las Vegas, Nevada, has been a prominent name in the gaming and entertainment sector, and the withdrawal of the takeover bid may impact its stock performance and strategic initiatives moving forward.
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Source: KLEA News