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Cardinal Infrastructure targets to raise $253 million in US IPO

IPO activity is rebounding as markets recover from disruptions caused by the government shutdown and tariff concerns. Cardinal Infrastructure Group Inc., a full-service infrastructure services provider, this week revealed details of its upcoming IPO. The company is preparing to offer about 11.5 million shares at a price range of $20 per share to $22 per … Read more

Michael Dell pledges $6.25 billion to fund Trump Accounts for 25 million kids

Michael Dell, Chairman and CEO of Dell Technologies, speaking at the Mobile World Congress 2024 in Barcelona, Spain, on Feb. 27, 2024. Joan Cros | Nurphoto | Getty Images Michael and Susan Dell announced Tuesday that they have committed $6.25 billion to fund investment accounts for some 25 million American children. The couple’s donation will … Read more

Michael Dell and his wife are pledging $6.25 billion to help seed investment accounts for 25 million children under the age of 10

It’s been almost 42 years since Michael Dell founded the pioneering PC company now known as Dell Technologies (No. 44 on the Fortune 500) in his freshman dorm room at the University of Texas at Austin. A decade later, he started to give his wealth away, formalizing his philanthropic efforts in 1999 with the establishment of the Michael and Susan Dell Foundation.   On Dec. 2, the Dells announced a $6.25 billion donation—more than double the amount that their foundation … Read more

Starbucks to settle with over 15,000 New York City workers for roughly $35 million

Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and arbitrarily cut their hours, city officials announced Monday. The company will also pay $3.4 million in civil penalties under the agreement with the city’s Department of Consumer and Worker Protection. It also agrees to … Read more

US XRP ETFs reach 318 million XRP in holdings in over two weeks

Key Takeaways US spot XRP ETFs have held 318 million XRP worth about $648 million within two weeks of launch. Canary’s XRPC ETF leads in assets under management, surpassing all other US spot XRP ETFs combined. Share this article Spot XRP ETFs from Canary Capital, Bitwise, Grayscale, and Franklin Templeton now hold approximately 318 million … Read more

Bitcoin tumbles below $89,000, triggering over $200 million in long liquidations in past hour

Key Takeaways Bitcoin’s recent price plunge triggered about $200 million in liquidations of leveraged long positions within an hour. Liquidations occur when exchanges automatically close positions to limit further losses for traders who borrowed to bet on higher Bitcoin prices. Share this article Bitcoin fell from above $91,000 to $88,900 in the past hour, wiping … Read more

Will the 190 million unlocks crash the Pi Network price?

Pi Network price had a relatively strong performance in November, as it did better than most coins.  Summary Pi Network price has remained in a tight range in the past few days. The network will unlock 190 million tokens worth over $46 million in December. The token has formed a symmetrical triangle pattern on the … Read more

Isidor Straus pocket watch from Titanic sinking fetches $2.3 million at auction

NEWYou can now listen to Fox News articles! A gold pocket watch owned by one of the most famous passengers to die on the Titanic has sold for a record-breaking $2.3 million at auction. Isidor Straus, who was the co-owner of Macy’s, brought the watch with him on the ill-fated voyage he was taking with … Read more

Brown grass caused the PGA Tour to pull out of a historic Maui golf course, leaving a $50 million hole for the island

High up on the slopes of the west Maui mountains, the Plantation Course at Kapalua Resort provides golfers with expansive ocean views. The course is so renowned that The Sentry, a $20 million signature event for the PGA Tour, had been held there nearly every year for more than a quarter-century. “You have to see it … Read more

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