Could Red Bull Join The NBA? Austrian Company Circles Sin City Team, New Report Says
Red Bull already owns two Formula 1 teams and Major League Soccer's New York Red Bulls, among other sports-related investments.
Wells Fargo’s Co-Branded Credit Card Strategy For Rent Payment Faces Challenges, Puts Financial Strain
Wells Fargo's partnership with Bilt Technologies is proving costly, with the bank losing up to $10 million monthly. The co-branded credit card, initially aimed at expanding Wells Fargo's credit-card business, is under renegotiation due to financial strain.
Anthony Scaramucci Slams CEOs For Supporting Donald Trump’s Policies In About-Face, Accuses Them Of ‘Trump-nesia’: ‘The General Malaise That A Trump Presidency Would Cause Is Dangerous’
Anthony Scaramucci has accused several CEOs of "Trump-nesia" after a recent Business Roundtable meeting with the former president.
Humans Clamor For Weight Loss Drugs, But The Next Users Could Be… Pets?
Could GLP-1 drugs for weight loss in pets be the next big thing? Success of Novo Nordisk and Eli Lilly in human market could pave the way.
Private Equity Giant Blackstone Targets Japanese Market, Anticipates ‘Accelerated Growth’: Report
Private equity giant Blackstone is expanding to the Japanese market, with plans to invest $9.6 billion by 2027. Other firms, including Berkshire Hathaway, are also targeting Japan for investment opportunities.
Emerson Doubles Down on Automation: $3.5B Copeland Sale Fuels Strategy Shift
Emerson Electric to sell remaining stake in Copeland joint venture for $3.5 billion, plans to use proceeds to reduce debt and focus on automation market.
Governor Kathy Hochul Hits Brakes On NYC Congestion Pricing: What It Means For Truckers, Rideshare Apps
"Let's be real," Hochul said. A $15 charge "may not mean a lot to someone who has the means," but it can "break the budget" of a middle-class household.
Blackstone Weighs Sale Of Japanese Pharma Firm Alinamin: Report
Blackstone reportedly considers sale of Japanese consumer healthcare firm Alinamin Pharmaceutical (previously owned by Takeda) for $1.9B, attracting interest from other firms.
How Is The Market Feeling About Blackstone?
Blackstone’s (NYSE:BX) short percent of float has fallen 16.94% since its last report. The company recently reported that…
Blackstone Set To Acquire Japanese E-Comics Giant Infocom For $1.7B: Report
Blackstone is reportedly set to acquire a 55.1% stake in Japanese e-comics provider Infocom. Blackstone may aim to secure all of Infocom's shares through a takeover bid and share transfer. Blackstone manages $1.1 trillion in assets.