AP Source: Fiat mulls IPO after buying Chrysler The head of Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter. More
Large Dell Holder Sells Stake The Oakmark Funds group, one of Dell's larger shareholders, sold its stake after Blackstone withdrew its potential bid for the PC maker. More
Apple to dole out $100B to shareholders Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders by the end of 2015. At the same time, the company said revenue for the current quarter could fall from the year before, which would be the first decline in many years. More
Apple's board recommended shareholders reject DEI rollback proposal Apple's board of directors recommended shareholders reject a proposal for the company to end its diversity, equity and inclusion (DEI) program, calling such a move "unnecessary." ... 01/13/2025 - 7:05 am | View Link
OMAHA, Neb. — The problem of kids working in dangerous slaughterhouses continues to be a concern as the Labor Department announced its third agreement this week with a company in the industry agreeing to pay a penalty and reform its practices to help ensure it won’t hire underage workers again.
On Thursday, the Department said investigators found that another slaughterhouse cleaning company called QSI had employed 54 children at 13 meatpacking plants in eight states on overnight shifts sanitizing the industrial carving and slicing machines companies use to produce beef and chicken between 2021 and 2024.
Ryan Reynolds as Nicepool, Reynolds as Deadpool, and Hugh Jackman as Wolverine in "Deadpool & Wolverine."Marvel StudiosJustin Baldoni's new lawsuit against Blake Lively references Ryan Reynolds' "Deadpool" franchise. The suit compares reported creative differences on "Deadpool 2" to Lively's battles with Baldoni on "It Ends with Us."Baldoni also recently claimed that the "Deadpool & Wolverine" character Nicepool was created to mock him.
Pam Bondi, Trump's nominee to lead the Department of Justice. Chip Somodevilla/Getty ImagesPam Bondi owned $3.9 million in Truth Social stock as of mid-December, per financial documents. She also earned more than $1 million last year from lobbying. Her total net worth in December was more than $12.1 million. President-Elect Donald Trump's nominee to be the next attorney general of the United States, Pam Bondi, disclosed owning more than $3.9 million in stock in Trump's "Truth Social" platform in December.
Meta slashed its DEI team in January. Fabrice COFFRINI/AFP/Getty ImagesA TikTok ban could happen as early as January 19. A ban could mean the migration of users — and billions of ad dollars — to competitors. Meta could gain up to $3.38 billion solely through freed up ad revenue, eMarketer estimated.
President Joe Biden announced his final student-loan forgiveness action. Alex Wong/Getty ImagesBiden announced an additional $600 million in student-loan forgiveness. The relief impacts defrauded borrowers and borrowers on income-based repayment plans. This marks Biden's final student-loan forgiveness action before he leaves the White House. Student-loan forgiveness under President Joe Biden has officially reached the end of the road.
Yet another deal has been signed between a publisher and a GenAI leader. Paris startup Mistral and news outlet Agence France-Presse (AFP) announced today that they are combining their services to improve AI responses. The deal provides Mistral’s chatbot — imaginatively named Le Chat — with access to all of AFP’s text stories. According to Mistral, the integration will bring “enhanced factuality” to the AI assistant.