General Motors (GM) shares surged 14% after the automaker raised its 2025 profit forecast, citing relief from lower tariff costs and narrowing EV losses as it rebalances its electric strategy. 🔹 Revised Forecast 🔹 Strategic ShiftCEO Mary Barra said GM is recalibrating EV plans amid slower adoption and loosened federal mandates, while maintaining EVs as...
A complex web of lawsuits is emerging around Andrew Stupin, a California real estate investor now tied to over $270 million in distressed debt involving Zions Bancorp, Western Alliance, and several regional lenders. 🔹 Multiple Bank Lawsuits:Between April and August, Banc of California, Enterprise Bank & Trust, and Nano Banc filed suits to recover $108...
Medical diagnostics leader Hologic (HOLX) has agreed to be taken private by Blackstone (BX) and TPG (TPG) in a transaction valued at up to $18.3 billion, one of 2025’s largest healthcare buyouts. 🔹 Deal Highlights 🔹 Sector ImpactHologic—best known for women’s health diagnostics and breast/cervical cancer screening—has faced declining post-COVID demand and mounting competition. Analysts...
U.S. markets kicked off the week with strength, as mega-cap tech stocks powered a broad rebound following last week’s volatility tied to credit stress in the banking sector. 🔹 Key Movers: 🔹 Market Snapshot (11:18 a.m. ET): 💬 “AI is the story and investors are excited about the tremendous productivity gains that will come from...
A complex web of lawsuits is emerging around Andrew Stupin, a California real estate investor now tied to over $270 million in distressed debt involving Zions Bancorp, Western Alliance, and several regional lenders. 🔹 Multiple Bank Lawsuits:Between April and August, Banc of California, Enterprise Bank & Trust, and Nano Banc filed suits to recover $108...
Davide Leone, founder of Davide Leone & Partners (DLP), successfully defended against multiple allegations of bullying, victimization, and discrimination brought by former senior director Jacopo Moretti at the Central London Employment Tribunal. The court found that Moretti’s dismissal was linked to prolonged ill health, not discrimination — though it ruled the termination procedurally unfair due...