Articles filed under Bloomberg
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TikTok Shop rival Whatnot raises funds at $5 billion valuationJan 08, 2025 10:30 am - Whatnot Inc., a livestream shopping platform that competes with TikTok Shop, raised $265 million at a valuation of $4.97 billion in a funding round led by Greycroft Partn...
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Bezos’ Miami neighbor seeks $200 million for empty lotJan 01, 2025 5:45 pm - A mystery seller is asking $200 million for an empty waterfront lot next door to the properties Jeff Bezos bought in South Florida. The roughly 1.84 acre lot (0.74 hectare) is at Indian Creek, a man-made barrier island that’s been dubbed “Billionaire Bunker.”
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Kirkland for Christmas: Holiday shoppers are ditching logos for store brandsDec 23, 2024 1:23 pm - Jewelry reviewers on TikTok are recommending Costco’s $140 gold heart earrings for Christmas presents. Consumer Reports is championing an Amazon Basics blender among its best gifts under $40. And holiday shoppers are ditching Zara for Target for the quality, not just the price tag.
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AT&T hopes to sell landline holdouts on a new kind of home phoneDec 21, 2024 2:22 am - AT&T Inc. hopes to persuade people across the country to break up with their landlines by the end of 2029. To do so, it’s deploying a new weapon that might help: a wireless home phone.
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Container Store prepares to file for bankruptcy in coming weeksDec 13, 2024 2:12 pm - The Container Store Group Inc. is preparing to file for bankruptcy in the coming weeks following mounting losses and escalating liquidity woes, according to people with knowledge of the plans.
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Cloud computing tax threatens Chicago’s Silicon Valley dreamDec 10, 2024 11:06 am - Chicago’s bid to become the Silicon Valley of the Midwest has registered some major wins in recent years: Google bought a huge downtown building, PsiQuantum Corp. announced a $1 billion investment in the city, and local startups raised a record $19 billion in 2022.
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Mondelez snack company exploring takeover of U.S. chocolate maker HersheyDec 09, 2024 1:55 pm - Mondelez International Inc., the snacks and sweets company, is exploring an acquisition of iconic U.S. chocolate maker Hershey Co., in a potential deal that would create ...
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UnitedHealth shooting dredges up enmity for health insurersDec 06, 2024 8:32 am - The shooting death of high-ranking UnitedHealth Group Inc. executive Brian Thompson has uncovered a deep anger among Americans who say the health insurance industry has too often failed to cover large medical bills and stood in the way of necessary care.
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Big banks bet Trump will make the best of times even betterNov 22, 2024 2:01 pm - You wouldn’t have known JPMorgan Chase & Co. had just reported its best quarter by the way Jamie Dimon talked about his competition in July 2023. “They’re dancing in the streets,” the chief executive officer said, referring to hedge funds and private equity firms that were piling into the lending business as banks like his faced higher capital requirements.
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As America votes, these big energy projects hang in the balanceOct 31, 2024 8:53 am - The outcome of next week’s US presidential election is poised to have profound implications for a handful of multi-billion-dollar energy projects.