A projection in Finland says Alexander Stubb wins the first round of the presidential election to set up a Feb 11 runoff
A projection in Finland says Alexander Stubb wins the first round of the presidential election to set up a Feb 11 runoff
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Arkhouse confirms $5.8 billion proposal to take Macy’s private
Arkhouse Management and its partner Brigade Capital Management on Dec. 1 made a $5.8 billion proposal to take department store chain Macy’s private, Arkhouse confirmed on Sunday. Arkhouse Management, a real-estate-focused investing firm, and Brigade Capital Management, a global asset manager, submitted a proposal to acquire the Macy’s stock they don’t already own for $21…
Morgan Stanley paid James Gorman $37M in last year as CEO
Morgan Stanley’s board awarded James Gorman a handsome 17% raise raise in 2023, making his total compensation for his last year as the bank’s chief executive $37 million. On top of his $1.5 million base salary, Gorman received a cash bonus of just under $9 million, according to a regulatory filing Friday reviewed by Bloomberg….
Formula One new team name mocked as the worst in series history
DAYTONA BEACH, Fla. — Jenson Button, so entrenched in his preparation for the Rolex 24 at Daytona, seemed to miss the news that Red Bull’s junior Formula One team had been rebranded. After climbing off the timing stand Friday at Daytona International Speedway, he was asked his thoughts on the team known as AlphaTauri the…
Media heiress Shari Redstone receives preliminary offer for Paramount parent: report
Skydance Media CEO David Ellison has made a preliminary offer to buy National Amusements, the holding company of the Redstone family, as a way to take control of Paramount Global, Bloomberg News reported Wednesday. Ellison, son of Oracle founder Larry Ellison, has held discussions with Paramount about merging it with Skydance Media, after he takes…
Hungary is the last holdout for Sweden’s NATO membership. So when will Orbán follow Turkey’s lead?
BUDAPEST, Hungary — With Turkey completing its ratification of Sweden’s bid to join NATO, Hungary is the last member of the military alliance not to have given its approval. After more than a year of delays, and consistent urging from its Western partners to move forward with Sweden’s application, the Central European country and its…
Crew extinguish fire on tanker hit by Houthi missile off Yemen after US targets rebels in airstrike
JERUSALEM — The crew aboard a Marshall Islands-flagged tanker hit by a missile launched by Yemen’s Houthi rebels extinguished an hourslong fire onboard the stricken vessel Saturday sparked by the strike, authorities said. The attack on the Marlin Luanda further complicated the Red Sea crisis caused by the Iranian-backed rebels’ attacks over Israel’s war on…