50/FIFTY

Today's stories, rewritten neutrally

FinanceMar 18

Fed Chair Powell to Remain Until Warsh Confirmation Complete

Federal Reserve Chairman Jerome Powell announced he will continue in his role until Scott Warsh is confirmed as his successor.

3 sources
FinanceMay 12

Malaysia's KK Mart Plans IPO Targeting $750 Million Valuation

Malaysian convenience store chain KK Mart is preparing to meet investors for an IPO that could value the company at $750 million.

2 sources
FinanceMay 5

Two separate fatal incidents reported in London and Berkshire

A 25-year-old man died after a shooting in London while four people were arrested in connection with a death in Berkshire.

5 sources
FinanceMar 5

Home Insurance Premiums Drop 9% Across UK, London and Scotland See Largest Decreases

Annual home insurance costs fell from £218 to £198 year-on-year in January, with London and Scotland experiencing the most significant reductions.

6 sources
FinanceApr 28

CFTC Sues Wisconsin Over Prediction Market Regulation Dispute

Federal regulators filed suit against Wisconsin over the state's enforcement actions against prediction market platforms, claiming exclusive jurisdiction.

2 sources
FinanceMar 25

Wall Street Posts Mixed Session as Barclays Raises S&P 500 Target Despite Risks

U.S. stocks showed mixed performance following recent gains, while Barclays raised its 2026 S&P 500 target to 7,650 amid ongoing Middle East and inflation concerns.

8 sources
FinanceApr 28

College Closures Rise as Enrollment Declines and Financial Pressures Mount

At least 16 colleges announced closures for 2025 amid declining enrollment and financial struggles, including a historically black college filing for bankruptcy.

2 sources
FinanceMay 12

Investor Nelson Peltz Explores Funding Options for Potential Wendy's Buyout

Activist investor Nelson Peltz is in discussions to secure financing for a potential take-private acquisition of restaurant chain Wendy's.

2 sources
FinanceApr 21

Goldman CEO and Bank of America Analysts Issue Market Warnings

Financial leaders express concerns about market volatility and recession risks amid recent stock market movements.

2 sources
FinanceMay 11

Stock Markets Rise Despite Middle East Tensions and High Energy Prices

U.S. stock markets opened higher Monday with major indices reaching record levels despite ongoing Middle East conflicts and elevated commodity prices.

2 sources
FinanceApr 7

Levi Strauss Raises Guidance After Strong Quarter; GoPro Cuts 23% of Workforce

Levi Strauss posted 14% revenue growth and raised fiscal year guidance while GoPro announced plans to eliminate 145 employees in restructuring.

4 sources
FinanceApr 14

Treasury Secretary Says Executive Order on Bank Citizenship Data Collection 'In Process'

Treasury Secretary Scott Bessent confirmed a proposed executive order requiring banks to collect citizenship information is being developed.

2 sources
FinanceMar 17

Mastercard to Acquire Stablecoin Startup BVNK for Up to $1.8 Billion

Payment giant Mastercard announced plans to acquire stablecoin infrastructure company BVNK in a deal valued at up to $1.8 billion.

3 sources
FinanceApr 14

7-Eleven to close 645 stores in North America in 2026

Convenience chain 7-Eleven plans to close 645 locations in North America during fiscal year 2026, outpacing 205 planned openings.

3 sources
FinanceMar 17

BHP Appoints Americas Chief Brandon Craig as New CEO

Mining giant BHP has selected Brandon Craig, head of its Americas operations, to succeed Mike Henry as chief executive officer.

4 sources

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