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Business

Bill Ackman's Pershing Square Makes a Bold $900M Investment in Howard Hughes, Signaling a New Era

Howard Hughes Holdings Inc. announces a $900M investment from Pershing Square Capital Management, with Bill Ackman appointed as Executive Chairman. The move aims to diversify HHH w...

Business

Mass Layoffs Hit Spain: Over 2,000 Meta Content Moderators to Lose Jobs After Contract Loss

Over 2,000 content moderators in Barcelona face layoffs after Telus International loses its contract with Meta. The Workers Commissions in Spain (CCOO) announced the job cuts, with...

Business

After 21 Years, Microsoft Retires Skype to Pave Way for Teams Integration

Microsoft announces the retirement of Skype after 21 years, urging users to switch to Microsoft Teams for a seamless communication experience. The move marks the end of an era for ...

Business

3G Capital Strikes a Massive $8.2 Billion Deal to Take Skechers Private in a Strategic Move

3G Capital announces a $8.2 billion deal to acquire Skechers, offering $63 per share, a 30% premium. The acquisition, set to close in Q3 2025, will transition Skechers to private o...

Business

Apollo CEO Warns: US Economy Faces Potential Two-Quarter Negative Growth Due to Tariff Policies

Apollo Global Management CEO Marc Rowan warns of potential two-quarter negative growth in the US due to Trump's tariff policies, criticizing the execution while supporting the trad...

Business

RBI's Record Gold Acquisition in FY25: A Strategic Move Amid Global Price Surge

The Reserve Bank of India added 25 tonne of gold in the second half of FY25, marking the largest annual increase in seven years. Gold's share in foreign exchange reserves rose to 1...

Business

Jubilant FoodWorks Surges Ahead: Dominating Q4 Earnings Against Fast Food Giants KFC and McDonald's

Jubilant FoodWorks is outperforming fast-food giants KFC and McDonald's in Q4 earnings, thanks to its digital strategies and customer engagement initiatives, despite sector-wide ch...

Business

3G Capital's Strategic $8.2 Billion Acquisition of Skechers Marks a New Era in Footwear Industry

3G Capital acquires Skechers in a groundbreaking $8.2 billion deal, offering a 30% premium per share. Skechers will go private, with CEO Robert Greenberg staying on to lead the com...