In a surprising turn of events, Qube Holdings, a major player in the logistics industry, has caught the attention of Macquarie Asset Management. The investment giant has put forward a proposal to take over Qube, valuing the company at a whopping AU$11. 6 billion. This isn't Macquarie's first attempt, though. They've been in talks with Qube before, but this time, they...
The Trump family's fortune took a hit due to the recent crypto market downturn. Their investments in digital currencies have not been as profitable as they hoped. The value of a memecoin linked to Trump's brand has dropped by about 25% since August. Eric Trump's investment in a Bitcoin mining project has lost about half its value from its peak. Additionally, shares o...
The crypto world saw some big action this past week. Let's break it down. First up, a Bitcoin whale made a huge splash. Owen Gunden, an early Bitcoin investor, sold off his entire stash. That's right, he cashed out a cool $1. 3 billion worth of Bitcoin. He's been holding onto these coins since 2011. This sale happened during a rough patch for Bitcoin, with prices dr...
Japan is making some big changes to how it handles cryptocurrency. The Financial Services Agency (FSA) is working on a plan to treat digital assets like Bitcoin and Ethereum as financial products, similar to stocks and investment funds. This change could happen as early as 2026 and would bring a flat 20% tax on crypto gains, which is a big drop from the current rates...
Blue Owl Capital is thinking about bringing back a plan to combine two of its private credit funds. This comes after they had to stop a similar plan last week because investors weren't happy. The main reason for the merge is to give shareholders a way out and cut costs. But, it's not a done deal yet. The idea is to merge the larger fund, OBDC, with Blue Owl Capital ...
The Caribbean faces a big problem with diabetes. Many people there are at risk of developing this serious health issue. But there's hope! A new study shows that a mix of lifestyle changes and medication can help prevent diabetes. This is great news for the region, which has struggled with diabetes for a long time. The study, called LIME, tested a special program. It...
Nigerian movies, known as Nollywood, have come a long way. They started with low budgets but big stories. These films were a lifeline for many, especially those far from home. They offered a glimpse into Nigerian culture and helped families bond over shared experiences. Back then, getting these movies was a challenge. People had to wait for CDs and VCDs from loved o...
Warner Bros. Discovery is in the hot seat as three big players vie for a piece of the entertainment empire. Paramount Skydance, Netflix, and Comcast have all thrown their hats into the ring, but the outcome is far from certain. Paramount Skydance is making a bold move, submitting its fourth bid. It's rumored they might even raise their offer above the previous $23. ...
The Ritz Theatre in downtown Elizabeth is more than just a venue; it's a community hub that brings people together. The Castros, a father-son duo, have transformed this historic theater into a place where music, sports, and culture collide. Imagine giant screens broadcasting the World Cup, concerts featuring big-name artists, and even boxing matches—all under one roo...
In a surprising turn of events, safe investments like Treasury Bills are now doing better than Bitcoin. This shift has left many crypto fans wondering what's next for digital currencies. Let's break it down. Right now, Treasury Bills are up by 3. 6% this year. Meanwhile, Bitcoin is down by 1. 7%. It gets worse when you compare Bitcoin to other safe investments like ...