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Wendy’s rejects activist investor’s buyout offer, adopts ‘poison pill’ plan
Wendy’s rejected a $1.4 billion buyout offer from an activist investor, saying Thursday the offer was too low, and adopted a “poison pill” plan that would make it harder to pull off a hostile takeover of the company. Renowned investor…
Wonder confidentially files for IPO
Sign at the entrance to the Wonder store in Midtown Manhattan. Erik McGregor | Light flare | Getty Images Food startup Wonder has confidentially filed for an IPO, the company announced Thursday. Created by serial entrepreneur Marc Lore in 2018, Wonder…
The Pipefitter’s Pipes will provide the new “Voice of Logan”
Senior Digital Editor/Producer, WCVB.com EAST BOSTON, Mass. — A pipefitter from Arlington, Massachusetts, was announced Thursday as the winner of Boston Logan International Airport’s “Voice of Logan” competition. Christopher Donisi will…
SpaceX backers seek to sell $40 billion AI deal. ARK is buying the dip in SPCX stock.
Goldman Sachs and Apollo Global Management are considering selling part of their roughly $40 billion chip financing deal with SpaceX, according to reports, as the AI industry faces an uncertain outlook following the midterm elections. Cathie…
Nasdaq 100 eyes $1.8 trillion loss as Democrats win sparks fears of AI lag
By Niket Nishant Nov 5 (Reuters) – The Nasdaq 100 index is expected to lose a whopping $1.8 trillion in stock value on Thursday as investors fear Democrats’ resounding midterm victory could slow the pace of AI infrastructure expansion. Shares…
Outback Steakhouse operator files for Chapter 11 on $449 million in debt
Major California-based franchise operator Outback Steakhouse has filed for bankruptcy, blaming soaring labor costs, sky-high food prices and dwindling customers for pushing its restaurant empire to the brink. San Diego-based Cerca Trova Restaurant Group,…
New Jersey Powerball Player Wins $847 Million Jackpot
November 5, 2026, 7:23 a.m. ET Ladies and gentlemen, we have a winner! Overnight, one lucky Powerball player became a millionaire after winning the game’s ninth-largest jackpot. On Wednesday, November 4, someone from New Jersey won the grand prize,…
Stock Market Today: Dow Jones Rises After Post-Election Rally; Cava, Dutch brothers’ dip
The Dow Jones Industrial Average and other major stock indexes traded lower Thursday following Wednesday’s big stock market rally. Meanwhile, Cava Group (CAVA) and Dutch Bros (BROS) were big profit losers on the stock market today, while AppLovin…
US midterm elections could widen AI data center gap
Gina Hinojosa takes the stage as she is announced as the next governor of Texas during her watch party in Austin on Tuesday, November 3, 2026. Austin, American Statesman/Hearst Journals | Hearst Newspapers | Getty Images The US midterm elections could…