WASHINGTON — The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion bid for U.S. Steel, the companies said on Saturday. President Joe Biden blocked Nippon Steel’s planned acquisition of…
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Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017. IAC said it expects the transaction to close in the second quarter of the year. The two companies…
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Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers, the company announced Monday. The new group will be led by Jay Parikh, the former CEO of cybersecurity startup…
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Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the NBA’s 76ers and the NHL’s Flyers. The deal represents a reversal from previous…
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Business
Barry’s Bootcamp announces new investment as others exit boutique fitness category
by adminAs the boutique fitness sector starts to buckle, Barry’s Bootcamp on Monday announced new investment from Princeton Equity Group. “The reason why this [boutique fitness] works for Barry’s is that our positioning in the marketplace…
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Business
SEC charges Robinhood with securities violations; brokerage to pay $45 million penalty
by adminThe Securities and Exchange Commission on Monday said two related Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges that they violated more than 10 separate securities law provisions related to their brokerage operations. The violations…
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Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the NBA’s 76ers and the NHL’s Flyers. The deal represents a reversal from previous…
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Italy’s justice minister has asked an appeals court to revoke the arrest of an Iranian citizen wanted by the US over a drone attack in Jordan that killed three Americans a year ago. Mohammad Abedini…
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Israeli Prime Minister Benjamin Netanyahu has spoken with US President Joe Biden about the progress in negotiations for a Gaza ceasefire-hostage deal. “The prime minister discussed with the American president the progress in the negotiations…
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World News
Croatia’s President Milanović wins another term after defeating ruling party candidate in runoff
by adminCroatia’s opposition-backed President Zoran Milanović, a critic of the European Union and NATO, overwhelmingly won reelection for another five-year term on Sunday, defeating a candidate from the ruling conservative party in a runoff vote, official…