Vice Media, once worth billions, set to be acquired out of bankruptcy by its creditors for $225 million
Vice Media, the once-high flying digital media company valued at billions of dollars, is set to be acquired out of bankruptcy by three investment companies, including Fortress Investment Group, for $225 million.
2023-06-23 00:20
Egypt Climate Bond May Get Vital Guarantee From Asian Bank
The Asian Infrastructure Investment Bank, a multilateral development bank, is in talks to guarantee a climate-related bond being
2023-06-22 23:59
Bud Light rolls out a new ad campaign to turn around slumping sales
Bud Light is trying to revive its slumping brand with a new marketing campaign aimed at -- appropriately -- overcoming adversity.
2023-06-22 23:56
Hog Herds to Shrink as US Farms Lose Money, Smithfield Warns
American pig farmers are losing so much money that some may soon start selling the corn they would
2023-06-22 23:55
Utility’s Mystery 952% Rally Prompts Polish Regulator Probe
The Polish Securities Commission is investigating potential insider trading in the shares of utility EC Bedzin SA after
2023-06-22 23:52
Fortress Investment Group may acquire bankrupt Vice Media - NYT
A group of buyers including Fortress Investment Group is set to take over Vice Media after offering $225
2023-06-22 23:47
Turkish State Banks Hold off Lira Defense in Policy Shift Signal
Turkey’s state-run banks didn’t intervene to prop up the lira on Thursday, even after a central bank interest-rate
2023-06-22 23:28
Tech billionaires' cage match? Musk throws down the gauntlet and Zuckerberg accepts challenge
Elon Musk and Mark Zuckerberg are ready to fight, offline
2023-06-22 23:22
Fed’s Powell Says US May Need One or Two More Rate Hikes in 2023
Federal Reserve Chair Jerome Powell said returning US inflation to 2% is crucial to support the long-term health
2023-06-22 23:17
Kenya's new tax package angers some backers of president who once vowed to reduce cost of living
Kenyans are preparing for tough times after lawmakers approved tax increases that are even unpopular with supporters of the president who once vowed to reduce the cost of living
2023-06-22 22:55
Fed's Powell tells Senate Democrats inflation hardest on working families
By Howard Schneider and Ann Saphir WASHINGTON U.S. Federal Reserve Chair Jerome Powell on Thursday defended the likely
2023-06-22 22:53
Overstock wins auction for some Bed Bath & Beyond assets
Online retailer Overstock.com has won the auction for some assets of Bed Bath & Beyond, including the bankrupt
2023-06-22 22:51