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Ouster and Velodyne set to Merge

Rebecca Urena11/07/202211/07/2022

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Ouster (NYSE: OUST) and Velodyne (NASDAQ: VLDR) have decided to merge, combining almost USD400 Million in market value. According to the companies, the move will allow them to boost...

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United Airlines Pilots Reject Tentative Contract Agreement

Rebecca Urena11/01/2022

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United Airlines (NASDAQ: UAL) pilots have opted to reject a new labor agreement with the carrier, after stating that it does not meet the “industry-leading contract United pilots have...

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Amazon and Hawaiian Airlines Announce Freighter Agreement

Rebecca Urena10/21/2022

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Amazon (NASDAQ: AMZN) has partnered up with Hawaiian Airlines’ (HA) to fly the first Airbus cargo planes in the retailer’s air network. The aircraft are in place to replace...

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Kanye West to Buy Conservative Social Media Platform Parler

Rebecca Urena10/17/2022

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Kanye West has agreed to acquire conservative social media platform Parler, according to the app’s parent company. Financial details regarding the deal have yet to be disclosed, though the...

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Kroger to Acquire Rival Albertsons for $24.6 Billion

Rebecca Urena10/14/202210/14/2022

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Rivals, Kroger (NYSE: KR) and Albertsons (NYSE: ACI) announced they would be teaming up. Kroger is set to acquire Albertsons for USD34.10 a share in a deal worth USD24.6...

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Delta to Invest $60 Million in Joby eVOTL Transportation

Rebecca Urena10/11/2022

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Delta Air Lines (NYSE: DAL) announced that it will be investing USD60 Million in startup Joby Aviation. Joby is preparing to build and operate an electric vertical takeoff and...

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Twitter Shares Skyrocket 22% Following Elon Musk’s Proposal to Revive Deal

Rebecca Urena10/05/202210/05/2022

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Elon Musk has once again proposed to acquire Twitter (NYSE: TWTR) for USD54.20 a share, according to a regulatory filing on Tuesday. Twitter shares shot up 22% following the...

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Naver to Acquire Poshmark for $1.2 Billion

Rebecca Urena10/04/2022

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South Korea’s largest internet company Naver Corp. will be acquiring U.S. e-retailer Poshmark (NASDAQ: POSH) for approximately USD1.2 billion, the companies revealed Monday. Poshmark shares rose up to 14%...

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Hertz Partners with BP to Build an Electric Vehicle Charging Network

Rebecca Urena09/27/2022

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Hertz (NASDAQ: HTZ) announced its partnership with BP to build a network of electric vehicle charging stations within the United States. The news comes just a week after the...

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Gap Set to Cut 500 Corporate Jobs Amid Declining Sales

Rebecca Urena09/20/2022

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Gap Inc. (NYSE: GPS) is set to eliminate 500 corporate jobs as it continues to battle with declining sales, according to people familiar with the matter. The company aims...

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