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BACT

TV producer Marty Krofft, creator of HR Pufnstuf, dies at 86

by Sam Bailey
TV producer Marty Krofft, creator of HR Pufnstuf, dies at 86

[1/2]Marty Krofft (C) speaks as he and brother Sid accept a Pop Culture award during their tribute at the taping of the seventh annual TV Land Awards in Los Angeles, …

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WeWork shares sink to record low on reports bankruptcy filing imminent

by Sam Bailey
WeWork shares sink to record low on reports bankruptcy filing imminent

A sign marks a WeWork location in Boston, Massachusetts, U.S., August 14, 2023. REUTERS/Brian Snyder Acquire Licensing Rights

GM, Stellantis work to reach UAW contract deals

by Sam Bailey
GM, Stellantis work to reach UAW contract deals

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 26 (Reuters) …

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Bitcoin soars to near 18-month high as ETF speculation mounts

by Sam Bailey
Bitcoin soars to near 18-month high as ETF speculation mounts

Representation of the bitcoin cryptocurrency and a price chart are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights Bitcoin surged 10% on Monday and an …

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Rite Aid files for bankruptcy faced with high debt, opioid lawsuits

by Sam Bailey
Rite Aid files for bankruptcy faced with high debt, opioid lawsuits

Oct 16 (Reuters) – Debt-laden U.S. drugstore chain Rite Aid (RAD.N) filed for bankruptcy protection late on Sunday and said it would close underperforming stores, sell its pharmacy benefit company …

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Tesla cuts US prices of Model 3, Y in push to meet delivery goal

by Sam Bailey
Tesla cuts US prices of Model 3, Y in push to meet delivery goal

Tesla Model 3 vehicles are shown for sale at a Tesla facility in Long Beach, California, U.S., May 22, 2023 FOLLOW US ON GOOGLE NEWS Read original article here Denial …

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EV maker Rivian shares have record drop after convertible bond offering launched

by Sam Bailey
EV maker Rivian shares have record drop after convertible bond offering launched

Shares of Rivian Automotive Inc (RIVN.O) experienced a significant drop of nearly 23%, the largest decline since their debut in 2021, after the electric vehicle manufacturer announced plans to issue …

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Cisco to buy cybersecurity firm Splunk for $28 billion

by Sam Bailey
Cisco to buy cybersecurity firm Splunk for  billion

Sept 21 (Reuters) – Cisco Systems (CSCO.O) on Thursday announced its agreement to acquire cybersecurity firm Splunk (SPLK.O) for approximately $28 billion. This is Cisco’s largest-ever deal and aims to …

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Instacart stock subdued as debut enthusiasm loses steam

by Sam Bailey
Instacart stock subdued as debut enthusiasm loses steam

Instacart’s stock closed nearly 11% lower on Wednesday, as the grocery delivery app joined other new stock market entrants in failing to keep up with strong gains on debut. Investors …

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SoftBank’s Arm soars nearly 25% in market debut to $65 billion valuation

by Sam Bailey
SoftBank’s Arm soars nearly 25% in market debut to  billion valuation

On September 14, SoftBank’s Arm Holdings saw a nearly 25% increase in its stock price above its Nasdaq debut price, sparking optimism among investors for a potential turnaround in the …

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