Some first-lien lenders to Joann Inc. are seeking advice from law firm Gibson Dunn & Crutcher as the fabric and crafts retailer looks to build up its cash reserves, according to people familiar with the situation.
Instacart has joined chip designer Arm Holdings Ltd. in moving ahead with an initial public offering, disclosing net income of $242 million for the first half of the year and adding momentum to a return of high-profile listings.
Oil headed for its second straight weekly decline as signals of additional crude supplies and a deteriorating global demand outlook loomed over a string of thinly traded sessions.
Stocks rose as traders sifted through comments from Federal Reserve speakers after Jerome Powell said officials “will proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.
Mortgage data from Canada’s two biggest banks are painting a picture of homeowners straining under high borrowing costs.
Republicans will hold their 2028 national convention in Houston, the party announced Friday in an unprecedented move to pick its next convention city even before they’ve held their Milwaukee convention in 2024.
AMC Entertainment Holdings Inc. extended its week-long selloff after the movie theater operator converted a raft of preferred shares into common stock, and strategists say the company will likely sell more shares to pay down debt.
Boeing Co. is preparing to restart delivery of 737 Max jets to China for the first time in four years, according to people familiar with the matter, a long-awaited breakthrough that would bolster the planemaker’s comeback from one of the worst crises in its history.
Trump Was Booked on Aug. 24; Posted $200,000 Bond
Marketing and data automation provider Klaviyo Inc. filed for an initial public offering, another sign that US equity markets are rebounding after an 18-month slump.
