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China News Service / Contributor / Getty ImagesKey TakeawaysA late-Friday report that Qualcomm recently made a “takeover approach” to Intel sent the latter company’s shares higher.Investors in Intel have read a raft of reports about possible M&A activity this week, with the company seemingly taking some options off the table.Intel shares have lost more than half their value since the start of the year amid concerns about the chipmaker’s ability to turn around the business.Shares of chipmaker Intel (INTC) popped in extended trading Friday, pulled higher by a report that Qualcomm (QCOM) had made a “takeover approach.”The story in The…

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On 1st July 2024, SEBI released a consultation paper for “Introduction of Mutual Funds Lite Regulations (MF LITE) for passively managed Mutual Funds Schemes.” aimed to “reduce the compliance requirement, foster innovation, encourage competition and promote ease of entry for the MFs interested in launching only passive schemes”.About the author: S. R. Srinivasan (SRS) is a SEBI registered fee-only advisor who is part of the freefincal list of fee-only advisors. He believes in numbers-based insights. You can approach him for your financial needs via srinivesh.in. His journey has been documented in previous articles.His journey: How I achieved financial freedom and became an Investment…

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At first glance, a 6th-generation Honda Civic going up against a Dodge Challenger SRT Demon 170 in a drag race seems laughable. The Demon was built specifically for drag racing, while the Civic is known more as a commuter car. 2025 Honda Civic Hybrid (Via Honda) But this particular Civic, with a turbocharged H22 engine and some serious modifications, proves that even a humble Honda can embarrass one of the most powerful American muscle cars on the drag strip. Dodge Challenger: Built for the Drag Strip The Dodge Challenger SRT Demon 170 is a drag racing beast. It boasts 1,025…

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ERM has partnered with digital carbon credit platform CEEZER to launch a state-of-the-art carbon credit portal. This collaboration aims to facilitate easier access to carbon credits for organizations aiming to meet their greenhouse gas (GHG) emissions reduction and sustainability goals.The newly launched ERM Carbon Credit Portal streamlines the carbon credit selection and purchasing process, making it simpler for organizations to engage in the voluntary carbon market. This initiative is a continuation of ERM’s strategy to expand its client support services through its ERM Climate Markets business line.ERM and CEEZER’s partnership will allow clients to purchase and retire carbon credits via…

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A California man who operated a Bloomfield Hills-based commercial real estate investment firm was sentenced Thursday for his role in “an extensive multi-year conspiracy to falsify financial statements,” as reported by the Department of Justice.Tyler Ross, 38, was ordered to pay a $200,000 fine and spend one year and one day in prison, followed by two years of supervised probation, for one charge of conspiracy to commit an offense against the United States. Ross pleaded guilty to the charge last year in federal court in Detroit.According to the DOJ, Ross — a San Francisco resident who formerly lived in Michigan…

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By Joe Brock, David Shepardson and Tim Hepher(Reuters) – Boeing said on Friday the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg.Ortberg who took over in August said Ted Colbert would be leaving and Steve Parker, the unit’s chief operating officer, would assume Colbert’s responsibilities until a replacement is named at a later date.”At this critical juncture, our priority is to restore the trust of our customers and meet the high standards they expect of us to enable their critical missions around the world,” Ortberg…

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By Jody Godoy and Lananh Nguyen NEW YORK (Reuters) – U.S. Federal Trade Commission Chair Lina Khan on Friday welcomed that companies are weighing antitrust considerations early in their dealmaking process. “When you see greater scrutiny of mergers, you can see greater deterrence of illegal mergers,” Khan told the Council on Foreign Relations in New York. Khan was responding to a question about the hostility she sometimes evokes from Wall Street investors. “As a law enforcer, I want people to be thinking about whether their deal is going to violate the law or not going to violate the law, so…

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Intuitive Machines, Inc. (NASDAQ:LUNR) has reported a significant stock transaction by director Michael Blitzer, who sold a total of 912,673 shares of Class A Common Stock in a series of transactions. The sales, which occurred on September 19 and 20, 2024, resulted in total proceeds of over $7.6 million. The transactions were executed within a price range of $7.8763 to $9.1607. On September 19, Blitzer sold 500,000 shares at an average price of $7.8763 and 162,673 shares at an average price of $9.1607. The following day, he continued by selling an additional 250,000 shares at an average price of $8.9292.…

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