After winning the competition for Subway, Roark Capital Group gets a company that has made recent strides in turning its business around. But it’s inheriting a stubborn problem: the sandwich chain’s massive US footprint.
After a skittish summer for US stocks, some retail investors are throwing in the towel, while many of their institutional counterparts view the recent slump as a chance to purchase shares.
Oil edged higher after struggling for direction throughout the session as traders weighed increased supplies and a shaky economic outlook.
Hugging Face Inc., a startup that makes artificial intelligence software and hosts it for other companies, said it has been valued at $4.5 billion after raising $235 million in funding.
Apple Inc.’s Beats by Dre has made its largest investment in name, image and likeness (NIL) deals with college athletes to date, signing 15 college players and expanding an effort that began with a few individual deals.
Among US steel executives gathering for a major conference in Atlanta earlier this week, two questions dominated the conversation: Will US Steel Corp. be acquired? And is James Bouchard for real?
Donald Trump’s former Chief of Staff Mark Meadows surrendered to Atlanta authorities on charges that he conspired to keep his ex-boss in office after he lost the 2020 presidential election.
A rally in big tech fizzled out as bond yields rose, with traders wading through remarks from a slew of Federal Reserve officials and awaiting Jerome Powell’s speech on Friday for clues on the outlook for interest rates.
An investor consortium is pushing again to acquire Hollysys Automation Technologies Ltd. in a deal that values the Beijing-based industrial company at about $1.6 billion, according to a letter reviewed by Bloomberg News.
I Squared Capital is in exclusive talks to acquire Deutsche Bahn AG’s Arriva transport business, which operates London’s iconic red double-decker buses, people with knowledge of the matter said.
