Private equity firm EQT has increased its takeover proposal for Australian financial services group Perpetual to AUD2.5bn ($1.75bn), less than two weeks after the company’s board rejected its initial offer as insufficient, according to a report by Reuters. The revised non-binding proposal values Perpetual at AUD22.07 per share, representing a premium of almost 22% to…
The latest implementation of a shifting retail strategy was the spark that lit the fuse under Verizon Communications (VZ +2.37%) stock on Thursday. Cheered by the move, investors pushed the big telecom’s stock up by more than 2%, on a day when the S&P 500 index only ticked up by 0.4%. Franchises on the rise…
More than 80% of Americans worry about running out of money in retirement: “It really keeps them up at night.”
Netflix’s stock is falling in the wake of mixed earnings and a new plan to cut back on the publication of ‘What We Watched’ reports.
Ocean Way Festival (Courtesy of Ocean Way Festival) Goldenvoice Santa Monica is about to get cooler! Goldenvoice, the producers behind Coachella and Stagecoach, has just announced Ocean Way Festival, a new two-day music festival on the beaches of Santa Monica on September 26 and 27. The lineup they’ve announced is no joke. As the first…
Broadcom (AVGO 4.97%) has been a solid stock pick in 2026, rising around 15% so far this year. However, it’s down nearly 20% from its all-time high because of a poorly received earnings report. When you dig into why Broadcom’s stock fell following that announcement, the reason looks quite silly as bears overreacted to modest…
Spike’s backers include Practica Capital, The Venture City, Plug & Play, Geek Ventures, CEAS Investments, and NVIDIA Inception Spike was founded in 2022 Raintree, which is backed by Serent Capital, has acquired Spike Technologies, a San Francisco-based developer of agentic AI voice technology for healthcare. No financial terms were disclosed.
Kittyhawk serves the commercial aerospace, defense, and power generation end-markets Trive invested in Kittyhawk in late 2022 Kittyhawk was founded in 1981 Trive Capital has sold Kittyhawk, a California and Oregon-based provider of hot isostatic pressing services for applications across the space. The buyer was Machine Sciences, a portfolio company of Viking Global.
Topline President Donald Trump will give a primetime speech Thursday at 9 p.m. EDT in which he’s expected to once again make claims about widespread election malfeasance—though Trump and the White House have been cagey about the content of the address. President Donald Trump listens during a meeting with Prime Minister of Iraq Ali al-Zaidi…
Jonathan Korbecki was relaxing at home on the Thornapple River one rainy February night when the fire marshal knocked on his door, warning the nearby Labarge Dam may fail and send a wall of water his way. Hundreds of yards of trucked-in sand prevented disaster that 2018 night at the high-hazard dam, where a failure…