Jonathan Wong
The Latest
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Home Depot to Acquire SRS Distribution in Record $18.25B Deal, Boosting Pro Contractor Business
Home Depot announced on Thursday its plans to acquire SRS Distribution, a specialty materials provider for professional contractors, in a deal valued at approximately $18.25 billion. 
Home Depot announced on Thursday its plans to acquire SRS Distribution, a specialty materials provider for professional contractors, in a deal valued at approximately $18.25 billion. -
Sam Bankman-Fried Faces Sentencing for Multibillion-Dollar FTX Fraud, Prosecutors Seek Up to 50 Years
Sam Bankman-Fried, the disgraced founder of the now-defunct FTX cryptocurrency exchange, is set to face sentencing on Thursday, nearly five months after being found guilty of orchestrating one of the largest white-collar crimes in history. 
Sam Bankman-Fried, the disgraced founder of the now-defunct FTX cryptocurrency exchange, is set to face sentencing on Thursday, nearly five months after being found guilty of orchestrating one of the largest white-collar crimes in history. -
Disney Plus Integrates Hulu, Unveils Enhanced Bundle Offerings and Marketing Push
The Walt Disney Company has officially launched the integration of Hulu within the Disney Plus platform, a strategic move aimed at consolidating its streaming services and enhancing user experience. 
The Walt Disney Company has officially launched the integration of Hulu within the Disney Plus platform, a strategic move aimed at consolidating its streaming services and enhancing user experience. -
Canada Goose Trims Corporate Workforce by 17% Amid Retail Sector Adjustments
Canada Goose, the renowned luxury outerwear brand, has announced a significant reduction in its corporate workforce, cutting approximately 17% of its positions. 
Canada Goose, the renowned luxury outerwear brand, has announced a significant reduction in its corporate workforce, cutting approximately 17% of its positions. -
Trump’s Truth Social Debuts on Nasdaq, Shares Surge 50% Despite Financial Concerns
Former President Donald Trump's social media company, Trump Media & Technology Group (TMTG), made its long-awaited debut on the Nasdaq exchange Tuesday, with shares surging more than 50% in the first minutes of trading under the ticker symbol "DJT." 
Former President Donald Trump's social media company, Trump Media & Technology Group (TMTG), made its long-awaited debut on the Nasdaq exchange Tuesday, with shares surging more than 50% in the first minutes of trading under the ticker symbol "DJT." -
Visa and Mastercard Agree to $30 Billion Settlement, Lowering Credit Card Fees for Merchants
In a landmark antitrust settlement, credit card giants Visa and Mastercard have agreed to pay an estimated $30 billion to limit credit and debit card fees for merchants, potentially leading to lower prices for consumers. The settlement, one of the largest in U.S. history, would resolve claims in a litigation that began in 2005, pending court approval. 
In a landmark antitrust settlement, credit card giants Visa and Mastercard have agreed to pay an estimated $30 billion to limit credit and debit card fees for merchants, potentially leading to lower prices for consumers. The settlement, one of the largest in U.S. history, would resolve claims in a litigation that began in 2005, pending court approval. -
EU Launches Non-Compliance Investigation into Apple, Google, and Meta Under Digital Markets Act
The European Union has launched a non-compliance investigation into the practices of Apple, Meta, Amazon, and Alphabet-the parent company of Google-under its Digital Markets Act (DMA). 
The European Union has launched a non-compliance investigation into the practices of Apple, Meta, Amazon, and Alphabet-the parent company of Google-under its Digital Markets Act (DMA). -
Boeing CEO Dave Calhoun to Step Down Amid Production and Quality Control Issues
Boeing CEO Dave Calhoun announced on Monday that he will step down at the end of 2024, as part of a broad management shakeup for the embattled aerospace giant. 
Boeing CEO Dave Calhoun announced on Monday that he will step down at the end of 2024, as part of a broad management shakeup for the embattled aerospace giant. -
FAA Increases Oversight of United Airlines Following Safety Concerns
United Airlines has disclosed that the Federal Aviation Administration (FAA) is stepping up its oversight of the airline. 
United Airlines has disclosed that the Federal Aviation Administration (FAA) is stepping up its oversight of the airline. -
Catastrophic Risks Prompt State Farm to End Renewals for 72,000 California Properties
State Farm, a leading insurance provider, has announced a significant shift in its operations in California, opting not to renew policies for 72,000 homes and apartments starting this summer. 
State Farm, a leading insurance provider, has announced a significant shift in its operations in California, opting not to renew policies for 72,000 homes and apartments starting this summer.
