Investment firm JAT Capital recently sent a strongly worded letter to the board of Bed Bath & Beyond, expressing their frustrations and concerns over the company’s behavior and lack of transparency. In the letter, JAT Capital accuses the board of refusing to answer questions from shareholders and engaging in what they describe as “poor behavior”.
In a latest court filing, Fulton County District Attorney Fani Willis has requested a trial date of August 5, 2024, for the Georgia election interference criminal trial of former President Donald Trump and his co-defendants. This proposed schedule takes into account potential delays in Trump’s other expected criminal trials. However, Trump’s defense lawyer Steven Sadow
Renown short seller Jim Chanos has decided to make a significant change to his investment strategy. According to CNBC, Chanos will be converting his hedge fund, Chanos & Co., into a family office and advisory business. This move marks a departure from his previous role running a limited partnership or an offshore fund. As part
The recent meeting of the Pulmonary-Allergy Drugs Advisory Committee concluded with a vote of 12-1 against the approval of gefapixant for the treatment of chronic cough. This decision is based on the current evidence, which suggests that the small reductions in cough frequency observed during phase III trials do not provide a clinically meaningful benefit
Amazon is setting its sights on expanding merchandise exports from India to reach a staggering $20 billion by 2025. With plans to onboard thousands of small-scale sellers onto its e-commerce platform, the tech giant aims to drive significant growth in cross-border trade. Bhupen Wakankar, the Director of Global Trade at Amazon, expressed his enthusiasm for
In a devastating incident that occurred at Derby bus station in May 2021, an 82-year-old man named Dennis Clarke lost his life at the hands of a teenage boy. Omar Moumeche, who was 16 at the time, was found guilty of manslaughter in July and has now been sentenced to two years in youth detention.
In an exciting announcement, Peacock revealed that the highly anticipated film, The Exorcist: Believer, will be making its exclusive debut on the platform on December 1st. This chilling movie is the first installment of a new trilogy, inspired by the iconic 1973 horror classic, The Exorcist. With a lineup that includes other thrilling titles like
Shohei Ohtani and Ronald Acuna Jr. have accomplished a remarkable feat in the world of baseball. They have both been named the Most Valuable Player (MVP) of their respective leagues in unanimous fashion, a first in the history of the award. Ohtani, with his captivating two-way skills, has now won the award unanimously on two
IBM, a leading tech company, has made the decision to pause its advertising on the platform formerly known as Twitter, referred to as X, following a report that revealed its ads were placed next to antisemitic content. A spokesperson for IBM stated, “IBM has zero tolerance for hate speech and discrimination and we have immediately
In a rapidly shifting landscape for new energy vehicles (NEVs), Chinese brands have taken the lead, leaving global giants such as Volkswagen, Nissan, and Hyundai struggling to keep pace. According to CNBC’s analysis of public data for the first three quarters of this year, Volkswagen is on track for its smallest year of sales in