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AOL's owner, Bending Spoons, hits Wall Street with $1.7 billion IPO20:32 The owner of AOL and other tech businesses hit Wall Street with a $1.7 billion initial public offering Wednesday Saks officially emerges from Chapter 11 bankruptcy with less debt and a new name20:31 Saks Global, the parent company of Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman, officially emerged from Chapter 11 bankruptcy Friday with fewer stores, less debt, a more focused strategy to pamper the affluent — and a new name Newsom urges a national 'billionaires' tax' while fighting one in California20:31 California Gov. Gavin Newsom is calling for a national “billionaires' tax” and suggests the U.S. government should own a stake in AI companies French shipping company CMA CGM Group to buy FedEx's logistics arm for $1.4B18:12 French container shipping company CMA CGM Group said Wednesday it will buy FedEx Supply Chain, the third-party logistics subsidiary of FedEx for $1.4 billion, as it works to expand in the U.S. CMA CGM Group said the acquisition will triple the size of ... Chevrolet Bolt vs. Nissan Leaf, an Edmunds $30,000 EV comparison16:28 The Nissan Leaf and Chevrolet Bolt EV are formidable rivals for the title of America’s most affordable electric vehicle Kroger buying regional grocer and pharmacy retailer Giant Eagle in $1.65 billion deal14:44 Kroger is buying regional grocer and pharmacy retailer Giant Eagle in a deal valued at $1.65 billion Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisis8:35 Lines are growing at Russian gas stations -- and so is the frustration and uncertainty as several months of Ukrainian attacks have set oil refineries ablaze and choked supplies for motorists across the vast country Egg producers will pay $3.3M and donate 53 million eggs to settle price fixing claims23:42 The U.S. Justice Department and 17 states have reached settlement agreements with three major egg producers over allegations of that the companies illegally colluded in a multiyear scheme to raises prices Board offers $3B settlement to restructure Puerto Rico power company debt30.června A federal control board that oversees Puerto Rico’s finances says it has offered a $3 billion settlement to bondholders in a new push to finally restructure more than $10 billion in debt held by the U.S. territory’s power company Ford recalling more than 741,00 vehicles because of park system issue30.června Ford is recalling more than 741,000 vehicles in the U.S. because a transmission issue may damage the park system, which could increase the risk of a crash or injury Asian shares mostly higher tracking Wall Street gains and oil stabilizes30.června Asian shares are mostly higher tracking Wall Street gains, with South Korea's stock market, rebounding after earlier sharp losses on a tech sell-off |