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Bill Ackman Dealt Blow In $64 Billion Bid For Universal Music Group By Major Shareholder Bolloré
BreakingBusinessBill Ackman Dealt Blow In $64 Billion Bid For Universal Music Group By Major Shareholder BolloréByConor Murray,Forbes Staff. Murray is a Forbes news reporter covering entertainment trends.Follow AuthorMay 27, 2026, 09:39am EDTToplineBillionaire Bill Ackman’s $64 billion bid to acquire record label Universal Music Group was dealt a blow on Wednesday, as Cyrille Bolloré, CEO of major shareholder Bolloré Group, said Ackman’s price isn’t high enough and questioned “whether he is comp...
Major UK airline plunges into administration - in business since 2013
Major UK airline plunges into administration - in business since 2013The airline cancelled all flights. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Zahra Khaliq 14:34, Wed, May 27, 2026 Updated: 14:38, Wed, May 27, 2026 Airbus A330 United Airlines N77066. Planes at Leonardo Da Vinci International Airport in Fiumicino. Fiumicino (Italy), May 01st, 2026 (Photo by Massimo Insabato/Archivio Massimo Insabat...
What are today's mortgage interest rates: May 27, 2026?
MoneyWatch: Managing Your Money What are today's mortgage interest rates: May 27, 2026? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He write...
GB News Personal Finance Correspondent Temie Laleye shares tips on how Britons can cut their energy bills
GB News’s Personal Finance Correspondent Temie Laleye has shared a number of tips on how Britons can cut their energy bills.Her advice comes as households across the UK face another summer energy bill squeeze, following a 13 per cent price cap hike.The rise will push the typical annual bill for households paying by Direct Debit to £1,862 between July 1 and September 30, 2026.This equates to an increase of more than £200 a year for millions of families. TRENDING Stories Videos Your Say The n...
Global Supply Shortages Deepen as War Drags On, Risking Jobs and Growth
After three months, the fallout of the closure of the Strait of Hormuz is spreading, with developing countries bearing the brunt of the shortfall.
Yardeni Says ‘FEMO’ Is Key to a Rally Built on Reality, Not Hype
Veteran market strategist Ed Yardeni of Yardeni Research dismissed concerns that US stocks are in a bubble, arguing the rally is driven by “fabulous earnings momentum” rather than speculation.
Only 15% of Latino voters say they live comfortably as they cite Trump economy concerns, poll shows
A UnidosUS poll shows Latinos are feeling the economic pinch ahead of the 2026 midterms. Clarissa Martínez De Castro, the vice president of the Latino Vote Initiative at UnidosUS, joins CBS News with more.
Avocados and limes: The 125 'everyday essentials' due to drop in price because of tariff cuts
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Nigeria’s Eid Crisis: When a ram becomes a luxury
At a Nigerian sheep market, human rights advocate Sadaatu Madaki says that rising prices make Eid difficult for families
How a rise in energy bills will affect you from July
Household energy prices will rise by 13% a year in July, as soaring wholesale costs caused by the US-Israel war with Iran hit bills for the first time.
Denied US visa 3 times, Trump's favourite Indian CEO joins trillion-dollar club
TOI correspondent from Washington: In the summer of 1976, a Kanpur-born teenage engineering student from BITS Pilani stood in the lobby of the US embassy in New Delhi after being denied a student visa for the third time. His father, who had accompanied him, refused to leave.
Warner Bros. Wins Investor Consent to Change Bond Agreements
Warner Bros. Discovery Inc. said it won agreement from bondholders to change the terms of some existing debt, bringing the company a step closer to selling itself to Paramount Skydance Corp. in a $110 billion deal.
Hormuz Oil Shock To Boost Electric Car Sales: World Energy Body
According to the IEA, the number of electric vehicles (excluding two-wheelers and three-wheelers) globally is projected to increase from approximately 80 million today to 510 million by 2035.
Lululemon shakes up board as part of truce with founder
Athleisure brand will add two of Chip Wilson’s three picks in exchange for 18-month pause in agitations
TMF Group Expands Its Partnership With Fenergo to Deliver Fully Digitalised Investor Onboarding
TMF Group, a provider of end-to-end support across the asset manager’s lifecycle, today announced the expansion of its partnership with Fenergo, a leading provider of SaaS financial technology solutions to improve client lifecycle management (CLM) and support regulatory compliance. Under this renewed agreement, TMF Group will offer clients a fully digitalised investor onboarding experience. The firm will be able to deliver a more unified, transparent and real-time investor experience, enablin...
ClickHouse triples anualized revenue to $250M, charting a path toward an IPO
Database provider ClickHouse has crossed $250 million in annualized revenue run rate, tripling its business from last year, Yury Izrailevsky, co-founder and president of product and technology, told TechCrunch. Israilevsky expects the revenue figure to reach the high nine figures by the end of the year. ClickHouse was valued at $15 billion in January following a $400 million Series D funding round led by Dragoneer Investment Group. The latest valuation implies a steep forward multiple of over 60...
Morningstar Shares Perspective from Global Asset Owners
Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today shares results from the qualitative phase of its Asset Owner Perspectives Survey. The findings were taken from interviews with 25 of the largest institutional asset owners from North America, Europe and Asia-Pacific. These individual discussions, conducted by Morningstar Indexes and Morningstar Sustainalytics in March and April 2026, are designed to check the pulse of the global asset owner communit...
Ed Yardeni Says Dip-Buying Opportunities in This Market Are Wishful Thinking
Edward Yardeni, president at Yardeni Research, says the basic thrust of the market is higher as he touts “FEMO” or the “fabulous earnings momentum” he sees driving a melt up in stocks. (Source: Bloomberg)
The Last Byte: The DRAM Shortage Auto Industry Never Saw Coming
InnovationTransportationThe Last Byte: The DRAM Shortage Auto Industry Never Saw ComingBySarwant Singh,Contributor.Forbes contributors publish independent expert analyses and insights. Futurist and Industry Thought LeaderFollow AuthorMay 27, 2026, 08:52am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Text "chip shortage" on a chip of an electronic board. Concept on world production shortage of microchips and semiconducto...
BP’s Long History of Management Turmoil Makes an Unexpected Return
The sudden firing of the oil giant’s chairman raises questions about the board’s personnel decisions.