Jefferies has publicly accused auto-parts firm First Brands Group of defrauding one of its funds, a sharp escalation in a story that has roiled credit markets and left investors scrambling for answers. The claim came as Jefferies disclosed that a Leucadia Asset Management fund, Point Bonita, holds roughly $715 million of receivables tied to First
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18Hims & Hers Health Inc (NYSE: HIMS) started this week on a positive note after announcing its expansion into menopause-related treatments – a large and underserved market. However, the rally is fading rather quickly. On Friday, the telehealth stock tanked another 15% as Andrew Dudum, the company’s chief executive, confirmed he’s sold over $11 million
18Oracle stock (NYSE: ORCL) tumbled 6.5% on Friday, wiping billions from the market value of the enterprise software giant as investors parsed the company’s long-term AI and cloud ambitions against the short-term costs of scaling. The stock swung sharply after an analyst event in Las Vegas where management laid out aggressive revenue and cloud-infrastructure targets,
17Heathrow Airport is preparing for a major leadership transition as former BT Group chief executive Philip Jansen emerges as the frontrunner to become its next chairman, reported Sky News. The move comes as Britain’s largest aviation hub pushes ahead with a long-awaited £50 billion expansion plan, including the construction of a third runway and significant
17HDFC Bank Ltd., India’s largest private sector lender, reported a stronger-than-expected profit for the September quarter, supported by steady loan growth and improving asset quality, even as pressure on margins persisted. The results highlight the bank’s resilience amid a challenging deposit environment following its merger with Housing Development Finance Corp. (HDFC) Ltd. last year. Profit
17ICICI Bank Ltd., India’s second-largest private sector lender, posted a stronger-than-expected profit for the September quarter, buoyed by robust loan growth and improving asset quality. The Mumbai-based bank’s performance highlights continued resilience amid evolving market conditions and healthy retail demand. Profit beats street estimates on steady loan expansion ICICI Bank’s standalone net profit rose 5.2%
17The White House railed against the ‘Democrat shutdown’ for ‘jeopardizing national security’ because 80% of the federal agency charged with protecting the U.S. nuclear stockpile will be furloughed in the coming days, the administration told Fox News Digital. ‘The Democrat shutdown is now jeopardizing our national security,’ White House spokeswoman Taylor Rogers told Fox News
17The Supreme Court on Friday set a Dec. 8 date to hear oral arguments in a case centered on President Donald Trump’s authority to fire heads of independent agencies without cause. This closely watched court fight could overturn a longstanding court precedent and further expand executive branch powers. At issue is Trump’s attempted firing of
12New York City Democratic mayoral nominee Zohran Mamdani, former Gov. Andrew Cuomo and Republican nominee Curtis Sliwa faced off in their first general election debate on Thursday night, and, with no live audience, supporters flooded 50th Street outside 30 Rock, cheering on their preferred candidates with campaign signs and lobbing verbal attacks at their opponents.
14Andrea Bocelli paid President Donald Trump a visit at the White House on Oct. 17. Trump’s special assistant, Margo Martin, shared a video of the moment on X, formerly known as Twitter. While the Italian tenor appeared to give an impromptu performance in the Oval Office, Trump stood behind the Resolute Desk as Bocelli stood
