Voyager Digital Requests Loan Repayment From 3AC, Considers Issuing Default Notice

  • Reuters

    Exclusive-Bidders weigh up to 7,000 yen/share offer in $22 billion Toshiba buyout -sources

    TOKYO/HONG KONG (Reuters) -Bidders for Toshiba Corp are considering offering up to 7,000 yen ($51.41) per share to take the troubled Japanese conglomerate private, three people familiar with the situation told Reuters, valuing the deal at about $22 billion. Toshiba, which is exploring strategic options, said this month it had received eight initial buyout proposals and two proposals for capital alliances that would see it remain listed. The bidders are now discussing an offer price range of up to 7,000 yen a share with Toshiba’s shareholders, the people said, representing up to a 27% premium to Toshiba’s share price as of Wednesday’s close.

  • Reuters

    Exclusive-Inside the hangar at the centre of the $1 billion Airbus-Qatar jet dispute

    Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial giant Airbus and Qatar’s national carrier. From a distance, the planes might seem like any other long-haul jetliners crowding the busy Doha hub. The two planes, worth around $300 million combined according to analysts, are among 23 grounded A350s at the centre of a $1 billion London court battle over whether the damage represents a potential safety risk, something Airbus strongly denies.

  • Bloomberg

    Orban Draws on Medieval Map of Hungary as Part of State Overhaul

    (Bloomberg) — Viktor Orban, who’s come under broad condemnation for his decade-long project to transform Hungarian state institutions under his control, is having a go at the country’s map. Most Read from BloombergSwitzerland Imports Russian Gold for First Time Since WarLiz Cheney Is Paying the Price in Her Home State for Crossing TrumpThe World’s Bubbliest Housing Markets Are Flashing Warning SignsStocks Surge After $2 Trillion Wipeout; Bonds Fall: Markets WrapElon Musk Sounds Off on Recession

  • Associated Press

    Man accused in fatal Wisconsin parade crash changes plea

    A man accused of killing six people and injuring dozens more when he allegedly drove his SUV through a Christmas parade in suburban Milwaukee last year has decided to mount an insanity defense, his attorneys said Monday. Darrell Brooks Jr. faces more than 80 charges, including six homicide counts, in connection with the Nov. 21 incident in Waukesha. During a hearing Monday one of his attorneys, Jeremy Perri, told Judge Jennifer Dorow that Brooks is changing his plea to not guilty by reason of mental disease or defect.

  • MarketWatch

    Tesla stock selloff created ‘generational’ investment opportunity, analyst says

    The recent selloff in Tesla Inc.’s stock has created a “generational investment opportunity” in one of the most compelling growth stories, said CFRA analyst Garrett Nelson, as he believes the electric vehicle market leader has long-term potential similar to technology disruptors such as Apple Inc. and Amazon.com Inc. several year ago. Nelson believes the stock has been “unfairly punished” from a broad tech selloff, growing recession fears, COVID-19-related production issues, Chief Executive Elon

  • Motley Fool

    Market Sell-Off: 3 Growth Stocks Down 70% (or More) to Buy Now

    Growth stocks have been hammered in 2022 amid sky-high inflation and interest rates. The Federal Reserve, in fact, just raised interest rates by 0.75 percentage points, the largest such increase since 1994, after inflation hit 40-year highs. How do interest rates affect growth stocks?

  • TipRanks

    Billionaire Ron Baron Says Recent Market Weakness Offers Huge Buying Opportunity; Here Are 3 Beaten-Down Stocks Analysts Like

    Last month, the annualized rate of inflation hit 8.6%, the highest in more than 40 years. Last week, in response, the Federal Reserve bumped up its benchmark interest rate by 75 basis points, the largest such hike since 1994. The combination of high inflation and aggressive tightening action by the central bank sent an already jittery stock market to its worst single week since the onset of the COVID crisis, and has economists talking gloomily about a repeat of the late 1970s and early 1980s, wh

  • MarketWatch

    Meet the ‘unluckiest’ stock market investor of modern times

    If you’re thinking of pulling your 401(k) out of the stock market, or you’re too terrified to invest more, you need to meet my friend Betty Badluck. Poor old Betty has had the worst luck of any stock market investor you’ve ever met. In the last 40 years she has invested in the stock market just six times.

  • American City Business Journals

    Two top execs leaving Amazon amid leadership shakeup

    Amazon.com Inc. (Nasdaq: AMZN) is losing two top executives, including a member of the senior leadership team, the tech giant told employees on the same day it named the new retail CEO. Alicia Boler Davis, senior vice president of global customer fulfillment, and David Bozeman, vice president of Amazon transportation services, are leaving the company to “explore new opportunities outside Amazon,” John Felton, the senior vice president of global delivery services, said in an internal email viewed by the Business Journal.

  • Motley Fool

    Why Nio Stock Surged 10% Today

    Nio (NYSE: NIO) stock surged Tuesday morning as the broader U.S. market rose, and was trading 10.2% higher as of 12:23 p.m. ET. Ironically, the electric vehicle (EV) maker just got a massive price target downgrade, but investors right now appear to care less about what analysts think and more about what’s happening in Nio’s home market of China. On Tuesday morning, Citigroup analyst Jeff Chung slashed his price target on Nio to $41.10 per share from $87 a share, according to TheFly.com.

  • Variety

    Elon Musk Says Twitter Deal Is Pending Three ‘Unresolved’ Issues

    Elon Musk said three issues still need to be resolved before his planned $44 billion acquisition of Twitter, originally announced in April, can close. Musk, speaking via teleconference Tuesday at Bloomberg’s Qatar Economic Forum, said that he still hasn’t gotten clarity about Twitter’s claim that the fake and spam accounts comprise less than 5% of […]

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