The much-anticipated return of Mike Tyson to the boxing ring to fight Jake Paul this summer has already created a buzz among fans. With the bout set to take place at AT&T Stadium in Arlington, Texas, and be streamed globally on Netflix, it is expected to be one of the most heavily bet on boxing
Rent
The financial world was taken by surprise when Spanish bank BBVA announced a rare hostile takeover bid for its domestic rival, Banco Sabadell. This move came after the rejection of a 12 billion euro takeover offer from BBVA to Sabadell’s board earlier in the week. Sabadell’s board stated that BBVA’s initial bid “significantly undervalues” the
Siemens Energy experienced a significant surge in its shares, rising by as much as 13% in a single day. This surge came after the German renewables firm adjusted its forecast for the year and made an announcement regarding changes in leadership within its wind turbine unit. The shift in leadership involved the replacement of Jochen
President Joe Biden is aiming to alleviate the burden of student loan debt for millions of Americans by forgiving a significant portion of their loans before the upcoming presidential election in November. The administration’s proposal, outlined in the Federal Register in April, has received an overwhelming response from the public, with over 34,000 comments submitted
The absence of a Marvel film to kick off the summer movie season in 2024 marks a significant departure from the trend of the past decade. Marvel Cinematic Universe films have traditionally dominated the summer box office, with high-profile releases generating openings of over $100 million. However, this year, the headline film for the summer
Disney has spent the past five years investing heavily in its streaming services, and it seems that investment is starting to pay off. In the second quarter, Disney nearly broke even in its streaming units, showing a significant improvement from the previous year’s loss. With Disney+, Hulu, and ESPN+ all showing promising signs of profitability,
Billionaire investor Stanley Druckenmiller made headlines recently when he revealed that he had significantly reduced his stake in chipmaker Nvidia earlier this year. He cited concerns that the rapid growth in artificial intelligence may have been overhyped in the short term. Druckenmiller explained his decision by stating that the stock had seen a substantial increase
The looming wealth transfer from Baby Boomers to their children is a topic that has been gaining attention in recent years. With over $68 trillion expected to be passed down, millennials and Generation Z are hopeful about what they may receive. However, recent reports have pointed to a growing disconnect between the expectations of the
Nintendo revealed on Tuesday its intention to unveil the successor to its popular Switch console within the current fiscal year. This decision follows a projection of a significant decline in profit due to the anticipated decrease in sales of the aging Switch console. The new gaming system is expected to be introduced by the end
The latest annual trustees’ report released by the Social Security Administration indicates that the trust funds allocated to pay benefits are on track to be exhausted by 2035. This projection is one year later than initially anticipated, offering a temporary reprieve for beneficiaries. Despite this extension, if Congress fails to take action before the projected