Kellogg Co. On Track to Split into Two Companies
Battle Creek-based Kellogg Co. has announced that its planned split into two companies is set to be finalized in the fourth quarter of this year. The split will result in…
Used Car Prices Increase by 47.7% since 2019
Research suggests that the cost of used cars has significantly increased by 47.7% since 2019. After experiencing a shortage during the pandemic, the inventory of used cars is slowly growing.…
Double Luck Strikes at Whanganui’s Trafalgar Lotto
Whanganui’s Trafalgar Lotto has experienced double the luck recently, with two second division winning tickets sold within a week. One ticket purchased at the outlet won $17,282 in Saturday’s draw,…
Pure Storage Announces Date and Conference Call Information for Second Quarter Fiscal 2024 Financial Results
Pure Storage, the IT pioneer in advanced data storage technology and services, has announced that it will host a conference call on August 30, 2023, at 2:00 p.m. PT to…
Symphony Technology Group to Acquire Avid Technology for $1.4 Billion
Private equity firm Symphony Technology Group (STG) has announced its agreement to purchase media editing software maker Avid Technology Inc for approximately $1.4 billion, including debt. Avid shareholders will receive…
UK House Sales Set to Fall as Mortgage Rates Deter Buyers
According to a leading property survey by the Royal Institution of Chartered Surveyors (RICS), the UK housing market is expected to see a decline in sales as high mortgage rates…
Yang Huiyan, China’s Richest Woman, Loses Billions Amidst Country Garden’s Financial Troubles
Yang Huiyan, the chair of real-estate giant Country Garden, has experienced a significant decrease in wealth over the past two years. According to the Bloomberg Billionaires index, her net worth…
AME-REIT Seeks to Expand Industrial Property Portfolio with RM100mil Acquisitions
AME Real Estate Investment Trust (AME-REIT) has expressed its intention to enhance its industrial property portfolio by targeting RM100mil worth of acquisitions. The REIT aims to acquire new properties in…
Wendy’s Signs Deal to Bring Square Patties to Australia
Fast-food giant Wendy’s is set to open 200 stores nationwide in Australia after signing a deal with Flynn Restaurant Group. Wendy’s, known for its iconic square patties, is the third…
Virgin Galactic Sets Date for Second Commercial Spaceflight Mission
Virgin Galactic has announced that its second commercial spaceflight mission, known as Galactic-02, is scheduled for August 10. The mission will carry three private astronauts on a suborbital spaceflight aboard…