Business News

(Bloomberg) — A Reddit Inc. shareholder is seeking to establish a credit facility using an equity stake in the company, according to a person familiar with the matter. Most Read from Bloomberg Advance Magazine Publishers Inc., the arm of the Newhouse family publishing empire that owns Conde Nast, is offering 7.8 million shares for $145.38 … Read more

Nov. 21, 2024 6:45 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, USL, SCO, BNO, GUSH, DRIP, USOI, CO1:COMBy: Carl Surran, SA News Editor SlavkoSereda/iStock via Getty Images Crude futures climbed to two-week highs Thursday as Russia fired ballistic missiles at Ukraine following Ukraine’s first-ever use of Western-supplied long-range missiles, prompting increased fears … Read more

Jeffrey Arthur Moynihan Jr., 56, was arrested Tuesday night and charged with grand theft. (Bradenton Police Department) A Florida man has been arrested after impersonating tech billionaire Elon Musk in a bid to scam an elderly woman out of at least a quarter of a million dollars, according to police. Jeffrey Arthur Moynihan Jr. was … Read more

ORLANDO, Fla., Nov. 21, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (Abacus or the Company) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced the pricing of its underwritten public offering of 12,500,000 shares of its common stock, including 10,000,000 shares of common stock being offered by the Company … Read more

President-elect Donald Trump on Thursday named Pam Bondi, the former attorney general of Florida, to be U.S. attorney general just hours after his other choice, Matt Gaetz, withdrew his name from consideration. Bondi is a longtime Trump ally and was one of his lawyers during his first impeachment trial, when he was accused — but not … Read more

sharply_done/E+ via Getty Images Texas Pacific Land (NYSE:TPL) +5.1% after-hours Thursday following news it will join the S&P 500 effective November 26, replacing Marathon Oil (MRO), which is being acquired by ConocoPhillips. Atlas Energy Solutions (AESI) +10.2% post-market after it was selected for the

Volvo’s recent pro-family ad was celebrated on social media after Jaguar faced backlash for its “woke” rebrand. (Volvo via YouTube) Auto brand Volvo is being celebrated for its recent “pro-life” ad after fellow luxury car brand Jaguar caused a social media firestorm this week with its rebrand that critics dubbed, “woke.” The nearly 4-minute long … Read more

VANCOUVER, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) — (TSXV: PTF) Pender Growth Fund Inc. (the Company) today announced its financial and operational results for the three months and nine months ended September 30, 2024. Financial Highlights (Unaudited) Net income was $5,815,990 for the three months ended September 30, 2024 (September 30, 2023 “ Net … Read more

The Justice Department is looking to break up one of America’s most powerful companies following a court ruling in September that found Google violated antitrust law. Shares of Google-parent Alphabet plunged over 5% Thursday after prosecutors outlined proposed remedies that would significantly alter how the search giant conducts its business. In September, U.S. District Judge … Read more