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As the market continues to navigate through uncertain times, Leggett & Platt, Inc. (NYSE: LEG), a leading manufacturer and distributor of furniture and engineered components, has seen significant gains in recent days. The company’s stock price surged by 24.55% on April 29th, following its Q1 2025 earnings report. Restructuring Efforts Pay Off Leggett & Platt … Read more
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Intel’s new CEO Lip-Bu Tan seems ready to get right to work to turn around the struggling company. The semiconductor giant’s new executive is considering sweeping changes for the company’s chip manufacturing and AI strategies, according to Reuters, including: cutting middle management staff and revamping the company’s approach to manufacturing chips. Tan reportedly told company … Read more
Richard Byworth, managing partner at alternatives investment firm Syz Capital, says the United States’ creation of a strategic Bitcoin reserve is historic for the entire crypto market. According to Byworth, President Donald Trump’s signing of the executive order that established a strategic Bitcoin (BTC) reserve is “a seminal moment” for the crypto industry. The investment … Read more
An alleged drone struck the protective shell covering the Chernobyl Nuclear Power Plant in Ukraine early Friday, and Ukrainian President Volodymyr Zelenskyy is pointing the finger at Russia. The International Atomic Energy Agency reported on X that overnight Thursday, the IAEA team at the Chornobyl site heard an explosion coming from the New Safe Confinement. … Read more
NFL players rely on their linemen to protect them on the field. Off of it, it’s their wives and girlfriends who have stepped up to clap back when fans have gotten out of line. That includes some of the most famous WAGs in the league today. Kylie Kelce, wife of former Philadelphia Eagles center Jason … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government faces a “significant risk of bid-rigging” by contractors, the head of the competition regulator has warned. Sarah Cardell, head of the Competition and Markets Authority, said the agency was trialling a new … Read more
Bitwise, a leading issuer of exchange-traded funds (ETFs), has filed a proposal to launch a fund aimed at companies with substantial Bitcoin reserves. Dubbed the Bitwise Bitcoin Standard Corporations ETF, the fund will focus on publicly traded firms holding at least 1,000 Bitcoin in their corporate treasuries. The move comes amid growing interest in Bitcoin … Read more
The stress test has helped banks more than double their capital levels over the past decade-plus. Read More
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