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How Intel became a takeover target

Writing in Varney & Company, Great Hill Capital Chairman Thomas Hayes analyzes the new retail sales data and whether the Fed's rate cut matters for the market. Intel was once the world's most valuable semiconductor company, but its steady decline in recent years has left it in a precarious position. According to multiple reports, the […]

SEC plans to reprimand Musk for skipping testimony on Twitter takeover

The Securities and Exchange Commission (SEC) plans to discipline billionaire Elon Musk for missing scheduled testimony in September as part of an investigation into his $44 billion acquisition of Twitter Inc. The SEC said in a filing Friday that the Tesla CEO was scheduled to testify before three SEC lawyers on Sept. 10. One of […]

Qualcomm approached Intel about a takeover: report

Qualcomm recently made an acquisition offer to semiconductor maker Intel. The Wall Street Journal reported. He said Friday, citing people familiar with the matter. Intel shares reversed course in afternoon trading, rising 8%, while Qualcomm's shares were down 4%. Qualcomm reportedly recently approached Intel about a takeover. Reuters Intel has been trying to turn around […]

Federal decision on Nippon-US Steel takeover to be pushed back

Nippon Steel Corp., Japan's largest steelmaker, is asking for its takeover bid for U.S. Steel to be resubmitted, a person familiar with the matter told The Hill, which would delay a decision on approving the deal until after the presidential election. The Committee on Foreign Investment in the United States (CFIUS), an interagency group that […]

Venezuelan gang’s alleged takeover of Aurora, Colorado apartments began in 2023: report

According to local reports, an international gang from Venezuela first “seized” an apartment complex in Aurora, Colorado, late last year. Tren de Aragua gang members took over the Whispering Pines Apartments in 2023 and engaged in violent assaults, death threats, extortion, child prostitution and heavy-handed tactics, Denver law firm Perkins Coy said in a nine-page […]