[ad_1] By Anirban Sen and Shankar Ramakrishnan NEW YORK (Reuters) – Family-owned candy giant Mars is preparing to sell bonds worth between $25 billion and $30 billion as soon as next week to help finance its takeover of Pringles maker Kellanova, according to people familiar with the matter, in a deal that would headline a $40 billion rush of acquisition financing bonds. Banks led by Citigroup and JPMorgan Chase are preparing to market the bond sale to potential investors sometime next week, the sources said, cautioning that the timing of the bonds sale is subject to market conditions and could…
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[ad_1] Lower Manhattan’s economy has gotten an almost billion-dollar boost in just the first month of congestion pricing’s existence, the MTA said on Wednesday.During a presentation on congestion pricing at the agency’s monthly board meeting, MTA Chairman and CEO Janno Lieber noted that, according to Affinity, a credit card sales data aggregator, retail sales south of 60th Street have been $900 million higher in January 2025 compared to the same period last year.In addition, restaurant reservations are up 7 percent year over year, according to restaurant reservation app Open Table.”For all of the Chicken Littles out there, the economy in…
[ad_1] A deal that would give the U.S. a share of Ukraine’s critical raw minerals could set the Eastern European country on a path to peace — but many of the details are still to come. A view of an ilmenite open pit mine in a canyon in the central region of Kirovohrad, Ukraine, Wednesday, Feb. 12, 2025. (AP Photo/Efrem Lukatsky) A deal that would give the U.S. a share of Ukraine’s critical raw minerals could set the Eastern European country on a path to peace — but many of the details are still to come. The proposed agreement would…
[ad_1] Amazon is looking to expand its competitor to Temu and Shein beyond the U.S.The company intends to launch its discount storefront, called Haul, in Europe later this year, according to two people familiar with the matter who asked not to be named because the plans are confidential.Recent job postings indicate Amazon is eyeing a wider global rollout. One listing stated the company is looking to hire a software development engineer in the Haul team to help with a worldwide launch. The job was posted to Amazon’s website but has since been removed. Another role is for a senior product…
[ad_1] The American Coalition for Ethanol provides an update of its Regional Conservation Partnership Program, which aims to help ethanol producers and farmers unlock new markets and profit opportunities through soil health practices. [ad_2] Source link
[ad_1] Private Finance, Public Power: A History of Bank Supervision in AmericaBy Peter Conti-Brown and Sean H. VanattaWhen the pandemic struck the U.S. economy in 2020, the Federal Reserve’s response was famously swift and expansive. From March to July 2020, it grew its balance sheet from $4 trillion to $7 trillion. In addition to large-scale purchases of government securities, the Fed provided liquidity directly to municipalities and businesses small and large. This kitchen-sink approach was likely necessary for the Fed to have any hope of meeting its statutory objectives to keep the economy on an even keel. Yet, it also…
[ad_1] ‘You don’t have the cards’: Trump, Zelenskyy clash over warPresident Donald Trump and Ukraine President Volodymyr Zelenskyy got into a heated exchange during their meeting in the Oval Office.President Donald Trump wants Ukrainian President Volodymyr Zelenskyy to make a deal with the U.S. over the country’s “raw earth” minerals.But what does that actually mean?Zelenskyy came to the White House on Friday under expectations he and Trump would reach a deal with Ukraine that would put 50% of future revenue from mineral resources, oil, natural gas, and other materials into a joint Ukraine-U.S. investment fund.Trump described the potential deal on…
[ad_1] Cloud computing has become indispensable for businesses of all sizes, with startups and small-to-medium-sized businesses (SMBs) increasingly relying on scalable infrastructure. While industry giants like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud dominate the enterprise market, many smaller businesses seek a simpler, cost-effective alternative. This is where DigitalOcean Holdings, Inc. (DOCN) has found its sweet spot. DigitalOcean focuses on providing intuitive, affordable, and developer-centric cloud solutions. With a global customer base exceeding 600,000, the company is well-positioned to benefit from the rising demand for cloud-based infrastructure, especially as more SMBs prioritize digital transformation. Additionally, the increasing reliance…
[ad_1] The transition from traditional cable to digital streaming has transformed media consumption. As consumers cut the cord, competition in the streaming market has intensified, with platforms battling for subscribers through content exclusivity and pricing strategies. Amid this competitive landscape, fuboTV (FUBO) has emerged as a key player in live sports streaming. Unlike Netflix (NFLX), Disney+, or Hulu, which focus on on-demand content, fuboTV has built its brand around live sports coverage. This differentiation has allowed the company to attract a loyal subscriber base looking for a robust alternative to cable sports networks. By combining live sports with news and…
[ad_1] It looks like the surface of an alien planet.Giant, pointed mounds of soil form ridges around huge frozen ponds across a vast landscape of sandy earth and enormous craters. Image: One of Ukraine’s open-pit titanium mines As if borrowed from the set of Star Wars, a colossal rectangular metal box, fitted with a long metallic arm, chain and gigantic scoop, gouges out chunks of land from one of the sprawling cavities, the arm swinging back and forth to empty its load on to another mini mountain of dirt.This is one of Ukraine’s open-pit titanium mines – a natural resource…