Jonathan Wong
The Latest
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BHP's Revised $42.7 Billion Takeover Bid for Anglo American Rejected, Deemed Undervalued
Anglo American has rejected a revised buyout offer from BHP Group, valuing the company at 34 billion pounds ($42.67 billion), stating that the world's largest listed miner "continues to significantly undervalue" the company. 
Anglo American has rejected a revised buyout offer from BHP Group, valuing the company at 34 billion pounds ($42.67 billion), stating that the world's largest listed miner "continues to significantly undervalue" the company. -
GameStop Shares Skyrocket 80% as 'Roaring Kitty' Resurfaces, Reigniting Meme Stock Frenzy
GameStop shares soared more than 80% on Monday, triggering multiple trading halts due to volatility, after "Roaring Kitty," the man credited with inspiring the epic short squeeze of 2021, resurfaced online for the first time in nearly three years. 
GameStop shares soared more than 80% on Monday, triggering multiple trading halts due to volatility, after "Roaring Kitty," the man credited with inspiring the epic short squeeze of 2021, resurfaced online for the first time in nearly three years. -
UAW Seeks Historic Victory at Mercedes-Benz Plant in Alabama, Bolstered by Recent Wins
Workers at the Mercedes-Benz plant in Alabama have begun voting on whether to join the United Auto Workers (UAW) union, marking a significant test of the labor group's ability to maintain momentum in the traditionally anti-union American South. The 5,200 employees at the assembly plant and nearby battery factory will cast ballots throughout the week, with final results expected on Friday. 
Workers at the Mercedes-Benz plant in Alabama have begun voting on whether to join the United Auto Workers (UAW) union, marking a significant test of the labor group's ability to maintain momentum in the traditionally anti-union American South. The 5,200 employees at the assembly plant and nearby battery factory will cast ballots throughout the week, with final results expected on Friday. -
Boeing's Woes Mount as Whistleblower Deaths, FAA Probes, and Plane Incidents Shake Confidence
The Securities and Exchange Commission (SEC) has opened an investigation into Boeing, probing whether the American aerospace manufacturer misled investors following a series of safety incidents and concerns, Bloomberg reported. 
The Securities and Exchange Commission (SEC) has opened an investigation into Boeing, probing whether the American aerospace manufacturer misled investors following a series of safety incidents and concerns, Bloomberg reported. -
Zeekr's US IPO Raises $441 Million, Valuing Chinese EV Maker at $5.5 Billion
Chinese electric vehicle maker Zeekr Intelligent Technology (ZK.N) has successfully priced its U.S. initial public offering (IPO) at the top of its indicated range, raising $441 million and giving the company a fully diluted valuation of $5.5 billion. 
Chinese electric vehicle maker Zeekr Intelligent Technology (ZK.N) has successfully priced its U.S. initial public offering (IPO) at the top of its indicated range, raising $441 million and giving the company a fully diluted valuation of $5.5 billion. -
Novavax's Stock Soars Over 100% as Sanofi Partnership Breathes New Life into Struggling Vaccine Maker
The deal, announced on Friday, sent Novavax shares soaring over 100% in premarket trading, marking a significant turnaround for the company that had previously issued a "going concern" warning about its ability to continue operating. 
The deal, announced on Friday, sent Novavax shares soaring over 100% in premarket trading, marking a significant turnaround for the company that had previously issued a "going concern" warning about its ability to continue operating. -
Boeing and Spirit AeroSystems Face Scrutiny as Whistleblower Reveals Widespread Quality Issues in 737 Fuselages
Santiago Paredes, a former quality manager at Boeing supplier Spirit AeroSystems, has come forward with alarming allegations about the company's manufacturing practices, claiming he was pressured to downplay defects discovered during inspections of 737 fuselages. 
Santiago Paredes, a former quality manager at Boeing supplier Spirit AeroSystems, has come forward with alarming allegations about the company's manufacturing practices, claiming he was pressured to downplay defects discovered during inspections of 737 fuselages. -
Warner Bros. Discovery's Max Streaming Service Reaches 99.6M Subscribers, $86M Profit Amid Bundling Plans
Warner Bros. Discovery (WBD) reported mixed first-quarter results on Thursday, with its streaming unit showing growth and profitability while its studios and networks segments faced challenges. 
Warner Bros. Discovery (WBD) reported mixed first-quarter results on Thursday, with its streaming unit showing growth and profitability while its studios and networks segments faced challenges. -
Bill Hwang in Court for Racketeering Trial After $36 Billion Fund Collapse
Sung Kook "Bill" Hwang, the founder of Archegos Capital Management, appeared in a Manhattan federal court on Wednesday to face charges related to the spectacular collapse of his $36 billion fund in March 2021. Sung Kook "Bill" Hwang, the founder of Archegos Capital Management, appeared in a Manhattan federal court on Wednesday to face charges related to the spectacular collapse of his $36 billion fund in March 2021. -
Tesla Faces DOJ Probe Over Potential Securities and Wire Fraud in Self-Driving Claims
The U.S. Department of Justice is investigating Tesla Inc. for potential securities and wire fraud in connection with the company's claims about its self-driving vehicle capabilities, according to three people familiar with the matter. 
The U.S. Department of Justice is investigating Tesla Inc. for potential securities and wire fraud in connection with the company's claims about its self-driving vehicle capabilities, according to three people familiar with the matter.
