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Financial & Business News

    Business
    Reuters•6 minutes ago
    Dye & Durham appoint JPMorgan, Scotiabank advisers for strategic review

    Dye & Durham Ltd said the special committee of its board has appointed JPMorgan and Scotiabank as its financial advisers in connection to a strategic review process in response to a buyout offer from a management-led shareholder group worth about C$3.4 billion ($2.76 billion). The Canadian cloud-based software maker said in May a newly formed special committee of independent directors would explore and evaluate potential strategic alternatives, including a merger, the sale of the company or its parts, and the sale of some of its assets.

Motley Fool Issues “Monster IPO” Stock Buy Alert
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China listing frenzy in U.S. set to be boosted by Didi IPO
Reuters•49 minutes ago
UPDATE 1-Senators call on Biden to impose sanctions over Hong Kong paper closure

Two leading U.S. senators have called on President Joe Biden to use powers under a bill they authored to impose sanctions on those responsible for forcing the closure of Hong Kong's Apple Daily newspaper, suggesting foreign banks were among those implicated. The letter from Senator Pat Toomey, Republican ranking member of the Senate Banking Committee, and Democratic Senator Chris Van Hollen, a committee member, referred to a Reuters report last month that Hong Kong Security Secretary John Lee sent letters to Apple Daily owner Jimmy Lai and branches of HSBC and Citibank threatening up to seven years' jail for any dealings with the billionaire's accounts in the city.
Sydney Residents in Lockdown: Biden Says Get Shots: Virus Update
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Man Who Predicted 2020 Crash Issues Huge Warning

Wall street insider Chris Rowe says, “fortunes will be made, and lost… in what will go down as the greatest stock market event in the last 20 years.”
Bitcoin to become legal tender in El Salvador on Sept 7

SAN SALVADOR (Reuters) -El Salvador's President Nayib Bukele said in a national address on Thursday that a recently passed law making bitcoin legal tender will take effect on Sept. 7, noting that its use will be optional. El Salvador's Congress already approved Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender. "The use of bitcoin will be optional, nobody will receive bitcoin if they don't want it... If someone receives a payment in bitcoin they can choose to automatically receive it in dollars," said Bukele.
Warburg-Backed Princeton Digital Said to Seek $2 Billion Value
Warburg-Backed Princeton Digital Said to Seek $2 Billion Value

(Bloomberg) -- Princeton Digital Group Pte, an Asia-focused data center operator backed by Warburg Pincus, is considering raising funds from investors in a deal that could boost its valuation to about $2 billion, according to people familiar with the matter.The New York-based buyout firm is in talks with financial advisers as it seeks to raise about $400 million in a funding round for Princeton Digital, the people said. The fundraising plans would serve as a stepping stone ahead of a potential i

    Hawaii is roaring back from pandemic 'two years faster' than expected: Lt. Gov.
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Nike up after hours following earnings report
Yahoo Finance Video
Drought Indicators in Western U.S. Flash Warnings of the ‘Big One’
Bloomberg
FedEx Q4 sales, earnings top estimates as e-commerce, business spending ramps
Yahoo Finance
Do This Instead of Cleaning Gutters (It's Genius)
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Market Recap: Thursday, June 24
Yahoo Finance Video
40 Cities That Could Be Poised For a Housing Crisis
GOBankingRates
Lawyer saw no sign that software mogul McAfee would kill himself
Reuters
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Microsoft challenges Apple's business model with new Windows 11 operating system
Reuters
'More volatility expected' in energy sector amid transition to renewables: ING
Yahoo Finance
Fedex down after hours following earnings
Yahoo Finance Video
Why July 27th Could Set Off A Tech Boom In Stocks
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    Forget AMC and Gamestop: 10 New Stocks Reddit’s WallStreetBets Is Buying
    Insider Monkey
    Biden's new stimulus checks for families: Signing up for the cash is easier now
    MoneyWise

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