Reported 6 months ago
Billionaire investor Bill Ackman is reportedly planning to take his investment firm, Pershing Square, public as early as next year, with a potential valuation of $10.5 billion. This move would involve Ackman selling a stake in the firm to investors in a funding round. The public listing of Pershing Square could offer investors an opportunity to get involved in Ackman's holdings, including well-known companies like Chipotle, Hilton, and Universal Music Group.
Source: YAHOO
Reported 6 months ago
Toys for Bob, formerly under Activision Blizzard, known for games like 'Spyro' and 'Crash Bandicoot,' has partnered with Xbox for their first game as an independent developer. After becoming independent following Microsoft's acquisition of Activision Blizzard, Toys for Bob announced a collaboration with Xbox to publish their upcoming title. Although details are scarce, this news coincides with Xbox's Games Showcase event where more information may be revealed.
Source: YAHOO
Reported 6 months ago
Teresa Giudice's daughter Milania, 18, attended her senior prom in a stunning silver dress, looking like her mom's twin. The event was documented on Instagram with photos and videos showing Milania posing with her date and family in their backyard, including her sister Gia. Teresa's husband Louie Ruelas also shared pictures from the special night. Earlier, Teresa proudly announced that Milania will be attending the University of Tampa in the fall.
Source: YAHOO
Reported 6 months ago
Major OPEC+ producers, including officials from Kazakhstan, Russia, the UAE, and Kuwait, are set to gather in Riyadh this weekend to discuss extending oil output cuts due to fluctuating plans. Originally scheduled in Vienna, the meeting was moved online a week ago. Countries participating in additional voluntary production cuts are making about 2 million barrels-a-day. Alongside the meeting, Riyadh plans to sell more shares in Saudi Aramco, potentially raising $12 billion and testing global investors' interest.
Source: YAHOO
Reported 6 months ago
Alix Earle, host of the 'Hot Mess' podcast and a TikTok content creator, graces the cover of Sports Illustrated Swimsuit's first digital issue. In addition to her debut on the cover, Earle also made her runway debut during the Sports Illustrated Swimsuit show on South Beach for Miami Swim Week. The magazine's 2024 Swimsuit Issue features cover stars like Brittany Mahomes, Chrissy Teigen, and Gayle King, with a special trilogy of collectible covers featuring legends in celebration of the franchise's 60th anniversary. Earle shared her struggles with acne and disordered eating in a candid digital cover story, receiving positive responses for her honesty and openness.
Source: YAHOO
Reported 6 months ago
Spanish police are probing a possible theft of private data of millions of drivers after detecting an attempted breach by an anonymous user selling the Directorate-General of Traffic's database, which holds detailed information on over 27 million drivers in Spain. The Guardia Civil police force is investigating the incident, while Spain's major companies have recently faced cyberattacks. Last year, over 100,000 cyberattacks occurred, with 130 classified as 'critical'.
Source: YAHOO
Reported 6 months ago
A new study published in JAMA reveals that children of color, including non-Hispanic Black, Asian, and mixed-race individuals, are starting menstruation at earlier ages compared to non-Hispanic whites. This trend, observed since the 1950s, may have implications on health, with early menarche associated with increased risks such as heart disease and cancer. Factors contributing to this trend, beyond high BMI, remain unclear, with researchers suggesting environmental, nutritional, and systemic racism elements. The findings highlight the need to address period poverty and destigmatize menstruation, as more children begin their periods earlier.
Source: YAHOO
Reported 6 months ago
Skydance Media向Paramount Global（PARA）提交了新的收購提議，這是為了收購這家媒體巨頭，根據《華爾街日報》的報導。雅虎財經娛樂記者亞歷山德拉·卡納爾突顯了Paramount面臨的挑戰，同時回顧了來自索尼（SONY）和阿波羅全球管理公司（APO）的出價。阿波羅全球管理公司是雅虎財經的母公司。
Source: YAHOO
Reported 6 months ago
芝加哥熊隊主席 George McCaskey 除了工作外，還兼職擔任青少年體育裁判，已經有50年的經驗。這位NFL球隊負責人在自己的工作之外，秉持著樂於助人的精神，參與解釋和應用規則到青少年運動項目中。他的亮點甚至引起ESPN.com的注意，被認為應該被NFL拿出來標杆化，讓他們更具人性。
Source: YAHOO
Reported 6 months ago
Source: BARRONS
Reported 6 months ago
South Africa's business community is in a state of uncertainty following the unexpected election outcome, which could lead to a breakdown in partnerships with the government and potential shifts in economic reforms. The African National Congress's poor performance in the recent election has left them with a choice to align with populist parties or seek support from their traditional rival, the Democratic Alliance. This decision could have significant implications for business sentiment and economic policies in the country.
Source: YAHOO
Reported 6 months ago
Jonny Greenwood recently performed a surprise concert in Tel Aviv with Israeli musician Dudu Tassa, following his participation in protests advocating for the release of hostages in Gaza and new elections in Israel. The concert featured material from their 2023 collaborative album, Jarak Qaribak, with calls for peace made throughout the performance. This marked their second album together and included vocalists from various Middle East countries. Greenwood, who is married to Israeli artist Sharona Katan, has a history of performing in Israel with his band, Radiohead.
Source: YAHOO
Reported 6 months ago
Andrey Rublev showed frustration during his unexpected third-round French Open defeat, smashing his racquet on court and his knee, leading to a 7-6, 6-2, 6-4 loss against Matteo Arnaldi. Rublev, expressing disappointment in his behavior, performance, and conceding it was his worst Slam conduct, has previously defaulted for unsportsmanlike behavior in Dubai. Despite being a 10-time Grand Slam quarter-finalist, Rublev has not progressed beyond this stage. His opponent Arnaldi will face either Tsitsipas or Zhizhen in the next round. Meanwhile, Sinner secured a straightforward win against Kotov to advance to the fourth round at Roland Garros.
Source: YAHOO
Reported 6 months ago
新澤西州澤西城—經過周五的官方稱重會議後，UFC 302比賽卡現在已設定完畢，所有24名選手中有23名成功達標。周六在附近的紐瓦克普魯登斯中心舉行的比賽將以輕量級冠軍賽為主打，主賽卡和預賽卡中包含關鍵對決。觀看以上視頻中的稱重精華以及以下連結的周五所有活動的照片庫。欲獲得更多資訊，請訪問MMA Junkie的UFC 302活動中心。本篇故事最初發表於MMA Junkie。
Source: YAHOO
Reported 6 months ago
Luka Doncic's dominant performance against the Timberwolves in Game 5 of the Western Conference Finals showcased his ability to excel under pressure, particularly after a fan taunted him. The article discusses how the Timberwolves had a successful season but need more experience to compete at the highest level, especially facing potential financial constraints in the future. Minnesota is urged to capitalize on their current core for a title run next season before potentially needing to make significant roster changes.
Source: YAHOO
Reported 6 months ago
Workhorse Group, an electric truck maker, is facing dire financial challenges less than three months after a positive visit to their plant. The company has laid off 20% of its workforce, faces issues with inventory and low cash reserves. Shares are trading at around 20 cents and could be delisted from Nasdaq if prices don't rise by September. Workhorse is considering a reverse split, and selling off its drone business and manufacturing plant. The company has pending orders and is focusing on transitioning to EV technologies to generate revenue, but faces stiff competition in the market.
Source: YAHOO
Reported 6 months ago
Comedian Adam Ray will release his third special 'Like and Subscribe' on YouTube on June 16, followed by VOD platforms on June 18. The special, filmed in Madison, WI, showcases Ray's rising popularity, including his satirical portrayal of Dr. Phil McGraw. With over 50 million views since his digital series debut in August 2023, Ray's hour covers various topics from awkward flights to childhood dreams, showcasing his versatility as a character actor in the comedy scene.
Source: YAHOO
Reported 6 months ago
Actress Nazanin Boniadi, who portrayed Bronwyn in the first season of The Lord of the Rings: The Rings of Power, will not be returning for the show's second season. Her absence was confirmed by a source close to the production, with fans noticing her missing from the teaser trailer. Boniadi has shifted focus to activism, wrapping up filming for an indie film. While her character's future remains uncertain, other main characters like Arondir and Theo are confirmed to return. The new season promises a darker turn with Sauron's return and the creation of the Rings of Power.
Source: YAHOO
Reported 6 months ago
Warren Buffett's 'secret portfolio' containing 90 securities, recently acquired five outstanding stocks in the March quarter, totaling $646 million. Despite outperforming the S&P 500 for decades, Berkshire Hathaway's CEO added AT&T, Verizon, Johnson & Johnson, Wells Fargo, and Chevron to this 'secret' portfolio, managed by New England Asset Management. This move suggests Buffett's strategic investment choices in diverse sectors, including telecom, healthcare, banking, and energy.
Source: YAHOO
Reported 6 months ago
Blaine Raddon, a Tesla Cybertruck owner, found that the vehicle did not fit comfortably in his new apartment complex parking spot but Tesla refused to buy it back or allow him to resell it due to a contract stipulation prohibiting resale for a year. Despite reaching out to Tesla for solutions, including reversing the transaction, trading for a sedan, or selling it back, Raddon has not received a favorable response and is now dealing with the challenge of managing the too-large truck in his living situation.
Source: YAHOO
Reported 6 months ago
The article discusses the escalating trade tensions between the European Union (EU) and China over electric vehicles (EVs), with the U.S. imposing tariffs on Chinese EVs. The EU is expected to announce import duties on Chinese EVs, impacting the strategic importance of the European market for Chinese manufacturers like BYD. European automakers, including BMW and Volkswagen, are also dependent on the Chinese market for revenues and technology partnerships. The potential tariff impacts and negotiation dynamics highlight the complexity of the situation and the high stakes for both sides in avoiding a full-blown trade war.
Source: YAHOO
Reported 6 months ago
Oil futures fell as traders awaited the upcoming OPEC+ meeting, leading to a directionless week of trading with West Texas Intermediate settling near $77 a barrel amid broader risk-off sentiment. Discussions within OPEC+ revolve around extending production cuts into the second half of the year and potentially into 2025, while the market is showing signs of weakness with crude piling up on the Gulf Coast. Futures marked a second consecutive monthly decline due to decreasing geopolitical risk premium, softening physical market, and weak summer demand, with the Brent futures timespread now in a brief bearish contango structure.
Source: YAHOO
Reported 6 months ago
Vistra Corp., one of the largest US power producers, has seen its shares surge over 300% in the past year, surpassing Nvidia, thanks to the growing demand for artificial intelligence. Investors like Daniel Loeb are optimistic about Vistra's potential in supplying power to AI data centers. Vistra's stock performance is attributed to its mix of gas and nuclear power plants, positioning it uniquely in the market. While concerns about oversupply impacted shares momentarily, Vistra's focus on data center power demand and ownership of nuclear generation capacity make it a promising investment in the AI and data-center sectors.
Source: YAHOO
Reported 6 months ago
Former Federal Prosecutor Renato Mariotti criticized Donald Trump's defense strategy as a 'very poor strategy' following Trump's guilty verdict on 34 counts of falsifying business records in a New York trial. Mariotti suggested that the defense could have won the case with better tactics but expressed concern over future trials, particularly the January 6 case in DC, which he believes has stronger prosecutors. Despite potential restrictions, Trump's ability to campaign may not be significantly hindered, given the current political climate and technology allowing for effective virtual campaigning.
Source: YAHOO
Reported 6 months ago
The core Personal Consumption Expenditures (PCE) index for April, excluding food and energy costs, showed a 0.2% rise as anticipated by Wall Street, a slower increase from March's 0.3%. Despite the deceleration, some investors view this data positively as a step in fighting inflation. Analysts suggest this could impact future Federal Reserve rate decisions. For more detailed insights on the report and expert analysis, viewers can watch Yahoo Finance's full episode of Catalysts.
Source: YAHOO