Capital Raising & Corporate Finance
IBM Targets Confluent With $11 Billion Buyout
IBM agreed to acquire Confluent, a data streaming pioneer, for $11 billion. The buyout allows IBM to strengthen its AI platform and cloud offerings.
Author: Angela Antetomaso
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AI, Tariffs Fuel Big Tech Layoffs
This year is on course to become one of the worst years of this century for job cuts, comparable only to the Great Financial Crisis of 2008 and 2009 and the year of the pandemic, 2020.
Banking
Mediobanca CEO Steps Down After Acquisition
Following the surprising success of Monte dei Paschi di Siena’s (MPS’) takeover of Mediobanca, Italy’s leading investment bank, Mediobanca CEO Alberto Nagel announced his resignation last month after 17 years at the helm, ending one of the longest runs for a European banking chief.
Banking
Italy Is Awash With M&As
With M&A ramping up in Europe, Italy is leading the way with a dynamic financial sector, boasting seven active deals.
Economics, Policy & Regulation
US To Stop Producing Its Penny
After 232 years, the US is bidding farewell to the penny.
Capital Raising & Corporate Finance
Arnault’s Work Extension
Bernard Arnault, the French billionaire, CEO and chair of LVMH, has just been confirmed at the helm of the world’s...
Economics, Policy & Regulation
The Pope’s Fiscal Legacy
The April 21 passing of Pope Francis touched not only 1.4 billion Catholics around the world, but millions of people of other faiths who came to admire him for his progressive views during his dozen-year pontificate.
Capital Raising & Corporate Finance
Amazon Overtakes Walmart
Online shopping giant Amazon generated $187.8 billion in fourth-quarter revenues, while Walmart, a traditional retailer, lagged behind for the first...
Capital Raising & Corporate Finance
Is Working-From-Home On Its Way Out The Door?
Company leaders are repeatedly voicing the need for a full-time return to the office. The newly inaugurated US President also...
Economics, Policy & Regulation
US Exits World Health Organization
On his first day back in the Oval Office, President Donald Trump signed an executive order withdrawing the US from...
Economics, Policy & Regulation
DOGE Readies Massive Cuts To US Government
One of the most closely watched efforts introduced by Donald Trump upon his return to the White House is undeniably...
Capital Raising & Corporate Finance
Veteran Nike Executive Taking Reins Of Shoe Giant
After four years in command at Nike, CEO John Donahoe is handing over the helm to Elliott Hill, a 60-year-old...