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China Puts Pressure on Audio Platform Ximalaya to file for Hong Kong IPO

China's most powerful audio platform Ximalaya announced it would not proceed with its plans for a US IPO. Instead, the audio platform...

Reddit Seeks Investment Bankers and Lawyers for a $15 Billion IPO

Reddit is hiring investment bankers and lawyers for an initial public offering in New York. A month ago, Reddit...
koffee kup

Koffee Kup Bankruptcy Could Cut Employee Benefits

Koffee Kup Bakery employees have been expecting their wages since the company's sudden closure. Additionally, over $830,000 may drop further to $12,000....
ikea buyback program

Ikea Pilots a BuyBack and Resell Service in the US

IKEA US launched its BuyBack and Resell service. It is a part of the company's goal to become a circular business by...
vehicle tracking,

Vehicle tracking firm Ctrack partners with CTA

Vehicle tracking company Ctrack partners with the Commercial Driving Academy to provide tracing features for training vehicles.

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Virgin Going into Orbit Through Public SPAC

Richard Branson's Virgin Orbit announced on 23 August that it would be going public through a merger with NextGen Acquisition Corp. II....
Clothing Streetwear Brands

VF Corp Acquires Supreme for $2.1 Billion

It was announced this week that VF Corporation (VFC), the owner of many popular clothing and shoe brands, has acquired 100% of...

COVID-19 Causes California Pizza Kitchen to File Chapter 11

LA-based restaurant chain California Pizza Kitchen is facing massive financial difficulties due to the coronavirus pandemic. The company filed for Chapter 11...

Show Goes on as Live Nation Resumes Acquisition of Third Largest Global Promoter OCESA

Live Nation Entertainment (NYSE: LYV) has agreed to continue its previously announced acquisition of leading global entertainment promoter OCESA Entretenimiento. The companies...

Four Seasons in the Sun as Bill Gates Acquires Controlling Stake in Hotel Group

Bill Gates has gained a controlling stake in the luxury Four Seasons hotel group. He bought 23.75% of the hotel group from...
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