Tesla Is Driving Sigma Lithium Stock Higher Today: What’s Going On?
Sigma Lithium Corp (NASDAQ: SGML) shares are trading higher Tuesday following reports that Tesla Inc (NASDAQ: TSLA) is considering a bid for the battery metals mining company. What Happened: According to a Bloomberg report released after the market close Friday, Tesla is considering a takeover of … Full story available on Benzinga.com Read More
State-Level Psychedelics In 2023: Oklahoma Introduces Research Bill, Washington Amends And Passes Measure
Oklahoma To Reconsider Bills On Psilocybin Therapy Research Together with several other state legislatures, it is now Oklahoma’s turn to dive in with the relaunch of a 2022 proposal involving psychedelics. Last year, HB 3414 was amended but ultimately killed. However, sponsor Rep. Daniel Pae (R-Lawton) is once again leading the effort of legalizing and […]
This Major Social Media Platform Said To Be Planning An IPO Later This Year
Social media website Reddit reportedly plans to go public in the second half of 2023. What Happened: The company is preparing for the initial public offering while it waits for the market conditions to get better, The Information reported on Tuesday, citing people familiar with the matter. Also waiting for the conditions to improve is […]
Minnesota Steps Closer To Legalizing Cannabis: Former Gov. Ventura Makes Personal Testimony
Minnesota’s Senate Environment Climate and Legacy committee passed a measure concerning Sen. Lindsey Port’s bill — which creates a regulatory framework for recreational and adult-use cannabis — with a 5-4 vote. “Prohibition of cannabis is a failed system that has not achieved the desired goals and has incredible costs for communities, especially for communities of […]
Coinbase CEO Frets Over ‘Rumors’ Of US SEC Getting Rid Of Retail Crypto Staking
Coinbase Global Inc (NASDAQ: COIN) CEO Brian Armstrong expressed concerns over hearing rumors about the U.S. Securities and Exchange Commission getting “rid” of cryptocurrency staking in the United States for retail customers. What Happened: Armstrong said in a Twitter thread that he believes this would be a “terrible path for the U.S. if that was […]
Qatari Investors Poised To Make Substantial Bid For Manchester United In Coming Days
Manchester United plc (NYSE: MANU) is reportedly set to receive a mega-money takeover offer from Qatari investors, who would hand Erik ten Hag a massive transfer war chest if they complete a deal to buy the club. According to the Daily Mail, a group of private, high-wealth individuals in Qatar wants to buy United as they view […]
Barrick Gold Unlikely To Offer Rival Bid For Australia-Based Newcrest Mining Deal
Barrick Gold Corp (NYSE: GOLD) has denied a counterbid for Newcrest Mining (OTC: NCMGY) (OTC: NCMGF), eliminating what had seemed to be the most likely prospect of a rival to bidder Newmont Corporation (NYSE: NEM). Newmont, on Monday, bid $16.9 billion for Newcrest, whose operations include top-class asset Cadia in … Full story available on Benzinga.com Read More
Apollo Weighs Buying Stake In Credit Suisse’s Investment Banking Unit
Apollo Global Management (NYSE: APO) is reportedly looking to buy a stake in Credit Suisse Group Inc’s (NYSE: CS) revamped investment bank. Credit Suisse said last year that it would split off its investment bank into an independent capital market & advisory bank called CS First Boston. The troubled bank said it would raise outside capital to launch the […]
CVS Health Continues M&A Spree, As It Is Close To $10B Bet For Oak Street Health
CVS Health Corp (NYSE: CVS) is reportedly close to an agreement to buy primary care center operator Oak Street Health Inc (NYSE: OSH) for about $10.5 billion, including debt. If goes through, the deal could be announced as soon as this week. The Wall Street Journal report added that the companies are discussing a price of about $39 a share. […]
Ford Might Not Get To Sell Its German Plant To Warren Buffett-Backed Chinese EV Maker After All
Ford Motor Co’s (NYSE: F) German plant is reportedly unlikely to be sold to Warren Buffett-backed Chinese EV-maker BYD Co. (OTC: BYDDF). What Happened: Ford was in talks with nearly 15 potential investors, including BYD, for the plant located in Sarrlouis, Germany, reported Bloomberg, citing people familiar with the matter. “We aren’t focusing on certain […]
