3 min read
Business

Attorneys Make Bold Move in Musk Compensation Case, Demand $5.6 Billion in Tesla Stock

**Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock**

2 min read
Business

Sam Bankman-Fried appeals conviction, requests lenient sentencing from court

The news of Sam Bankman-Fried’s appeal for a lenient sentence and conviction has sparked a widespread discussion in the financial community. Many are closely following the case, which has significant implications for the future of cryptocurrency regulation.

3 min read
Business

Oakland Residents Rally to Remove Mayor Shen Thao Amid Skyrocketing Violent Crime Rates

Oakland, a city plagued by high levels of violent crime, is experiencing a groundbreaking movement as frustrated residents rally to oust Mayor Shen Thao from office. With the withdrawal of support from the city’s only Independent District Attorney, tensions are mounting as the community demands immediate action.

3 min read
Business

Zee Networks Pushes for Merger Compliance through Lawsuit against Sony

A leading media conglomerate, Zee Entertainment Enterprises Limited, has filed a lawsuit against Sony Corporation, alleging non-compliance with the agreed merger terms. Zee seeks the court’s intervention to ensure the implementation of the merging agreement between the two companies.

3 min read
Business

Wilson, Leading Racket Maker, Aims for $1.8 Billion in US IPO

Sports equipment manufacturer Amer Sports, the maker of popular tennis racket brand Wilson, has announced plans to go public in the United States. The Finnish company aims to raise as much as $1.8 billion through its initial public offering (IPO), making it one of the largest IPOs in recent years.

3 min read
Business

Evercore Predicts Private Equity Deals to Rebound as Funds Seek Cash for Partners

As the global economy recovers from the effects of the COVID-19 pandemic, investment banking advisory firm Evercore predicts a surge in private equity deal activity. With funds seeking cash to distribute to their partners, the industry is expected to witness a strong resurgence in deals.

3 min read
Business

‘Serial Cancelers’ Drive Up Churn Rates in Streaming Services, Seeking Better Value for Money

Several streaming services are grappling with a growing phenomenon known as ‘serial cancelers’, as subscribers increasingly seek better value for their money. This trend is causing an increase in customer churn rates, posing a challenge for streaming platforms.