Insurance crackdown in China, Prudential stocks falls 13% as China tax crackdown Shares of Prudential Plc tumbled as much as 13% after Chinese mainland authorities began taxing returns on offshore insurance policies, a crackdown that threatens one of the...
New AI tool to work with, Cloudflare stock surges on AI agent identity and payment tools Cloudflare Inc (NYSE:NET) shares jumped 5.9% Tuesday after the company announced new tools designed to enable AI agents to conduct secure online transactions.The connectivity...
This benefits the business, The Hartford to acquire Equitable’s employee benefits business The Hartford (NYSE: HIG) has entered into a definitive agreement to acquire the employee benefits business of Equitable, a franchise of Equitable Holdings, Inc., according to a...
Bad Breakups, Lisata (Nasdaq: LSTA) sues Kuva Labs after merger collapse Lisata Therapeutics, Inc. (Nasdaq: LSTA) has filed suit in the Delaware Court of Chancery against Kuva Labs Inc. and its subsidiary Kuva Acquisition Corp. following the termination of a merger...
A deal to reduce debt, Hydrofarm sells Aurora Peat for $16M, launches Project Agility Hydrofarm Holdings Group, Inc. (Nasdaq: HYFM) has completed the sale of Aurora Peat Products ULC to Raven Holdings LLC, a private company, for $16 million. The deal includes a $5...
