Couple Charged in $100M Stock Fraud for Lavish Lifestyle
Brett and Deborah Rosen face 24 counts for alleged pump-and-dump scheme that funded their multi-million dollar San Diego mansion through fraudulent stock promotions.
Category : Acquisitions
Trump Sues JPMorgan Chase for $5 Billion Over Debanking
Donald Trump has launched a $5 billion lawsuit against JPMorgan Chase, accusing the bank of politically motivated debanking of his accounts following the January 6 Capitol attack.
Trump Sues JPMorgan for $5 Billion Over Debanking Claims
Former President Donald Trump has launched a $5 billion lawsuit against JPMorgan Chase, accusing the banking giant of debanking him and his hospitality companies without warning following the January 6 Capitol attack.
Paramount Extends Warner Bros. Bid Deadline to February
Paramount has extended its $77.9 billion hostile takeover offer for Warner Bros. Discovery to 20 February, as Warner prefers a Netflix merger. The battle involves complex bids and antitrust scrutiny.
Trump Sues JPMorgan and Jamie Dimon for $5bn
Donald Trump has reportedly filed a lawsuit seeking at least $5 billion against JPMorgan Chase and its CEO Jamie Dimon, alleging the bank unfairly cut off his banking services after the January 6 Capitol riot.
Paramount Extends Warner Bros. Takeover Deadline
Paramount has extended its hostile takeover bid for Warner Bros. Discovery to February 20th, intensifying the battle against Netflix's rival merger proposal.
Nathan's Famous Sold to Chinese-Owned Smithfield
The iconic American hot dog brand Nathan's Famous has been acquired by Chinese-owned Smithfield Foods for $450 million, sparking debate about foreign ownership of US food institutions.
Stoli Group Forced to Liquidate US Brands in Bankruptcy
Major alcohol producer Stoli Group is selling inventory of Kentucky Owl whiskey and Stoli vodka brands after Chapter 7 filings, citing US market slowdown and Kremlin dispute.
Nathan's Famous Hot Dog Brand Sold to Smithfield for $450M
Smithfield Foods acquires Nathan's Famous in a $450 million all-cash deal, with shares surging 9% and expected annual savings of $9 million post-acquisition.
Builder Sues Widow for £400m Over Bayesian Sinking
The Italian Sea Group files a £400 million lawsuit against Angela Bacares, widow of billionaire Mike Lynch, claiming lost sales after the Bayesian superyacht sank in 2024, killing seven.
Two Charged Over Safe Hands Funeral Plan Collapse Fraud
Two former executives face conspiracy to defraud charges following SFO investigation into collapsed funeral plan provider Safe Hands, which left 46,000 customers exposed.
Ubisoft Shares Plummet After Game Cancellations, Restructuring
French video game giant Ubisoft faces its worst trading day since 1996 as shares plummet 33% following cancellation of six titles including Prince of Persia remake and major corporate restructuring.
Holmes Requests Trump Commutation After Pro-MAGA Posts
Convicted Theranos founder Elizabeth Holmes has formally requested a sentence commutation from the Trump administration, following months of pro-Trump social media activity marking a dramatic political reversal.
Holmes Asks Trump to Commute Prison Sentence
Disgraced Theranos founder Elizabeth Holmes has petitioned Donald Trump for commutation of her 11-year prison sentence for defrauding investors in the collapsed blood-testing startup.
Holmes Asks Trump to Commute Theranos Fraud Sentence
Disgraced Theranos founder Elizabeth Holmes has formally requested Donald Trump to commute her 11-year prison sentence for fraud, with the application pending review by the Justice Department.
Startup Sues Estee Lauder for Alleged Tech Theft
Nomi Beauty, a tech startup, has filed a lawsuit against Estee Lauder, accusing the cosmetics giant of stealing proprietary technology to boost sales in luxury and duty-free markets.
Estee Lauder Sued by Startup Over Tech Theft Claims
Beauty tech startup Nomi Beauty sues cosmetics giant Estee Lauder, alleging theft of proprietary technology that generated significant new revenue for the corporation while destroying the smaller company's business operations.
Nathan's Famous Sells to Smithfield for $450 Million
Iconic hot dog brand Nathan's Famous has been acquired by packaged meat giant Smithfield Foods in a $450 million all-cash transaction, sending shares surging nearly 9%.
Nathan's Famous Sold to Smithfield Foods for $450 Million
The historic Coney Island hot dog maker Nathan's Famous has been purchased by packaged meat giant Smithfield Foods in a significant $450 million all-cash transaction, announced this week.
Next Buys Russell & Bromley in Rescue Deal, Stores at Risk
Next has purchased the luxury footwear retailer Russell & Bromley in a pre-pack insolvency deal, saving the brand but leaving the future of most of its 36 stores uncertain.
Berkshire's New CEO Eyes Kraft Heinz Share Sale
Warren Buffett's successor Greg Abel considers selling Berkshire Hathaway's 325 million Kraft Heinz shares, marking potential strategic departure from Buffett's long-term holding approach.
Netflix's $72bn All-Cash Bid for Warner Bros
Netflix revises its $72 billion Warner Bros acquisition offer to all cash, accelerating shareholder vote timeline as Paramount's hostile bid complicates the media merger landscape.
Musk Threatens Ryanair Buyout in Starlink Spat
Elon Musk has suggested buying budget airline Ryanair after demanding CEO Michael O'Leary be fired over a dispute about installing Starlink Wi-Fi on flights, escalating their public feud.
Netflix Amends Warner Bros. Discovery Deal to All-Cash
Netflix has revised its acquisition deal with Warner Bros. Discovery to an all-cash offer, replacing the previous stock-and-cash agreement. The move comes as Netflix prepares to report quarterly earnings amid slowing subscriber growth and faces competitio
Elon Musk Considers Buying Ryanair After CEO Clash
Elon Musk has suggested buying Ryanair in a poll on X, escalating a feud with CEO Michael O'Leary over Starlink installation costs and fuel efficiency claims.
Elon Musk Suggests Buying Ryanair in CEO Spat
Tesla founder Elon Musk has floated purchasing budget airline Ryanair following a public dispute with CEO Michael O'Leary over in-flight WiFi and Starlink technology.
Netflix Increases Warner Bros Bid to $27.75 Per Share
Netflix has significantly increased its all-cash offer to acquire Warner Bros Discovery's studio and streaming business, intensifying the takeover battle with Paramount Skydance.
Netflix All-Cash Warner Bros Bid to Block Paramount
Netflix has revised its $82.7bn offer for Warner Bros Discovery to an all-cash deal, aiming to speed up completion and provide certainty amid Paramount's hostile takeover attempt.
Netflix Amends Warner Bros Deal to All-Cash Offer
Netflix has revised its takeover of Warner Bros Discovery's studio and streaming business to an all-cash offer of $27.75 per share, valuing the deal at approximately $72 billion.
Musk Considers Ryanair Purchase After O'Leary Clash
Elon Musk suggests buying Ryanair after a public feud with CEO Michael O'Leary over in-flight WiFi costs. Read the full story of the online spat and its potential consequences.
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