Financing

Aluminerie Alouette, Canada's largest aluminum smelter and a key supplier to the U.S. market, announced a CA$1.5 billion ($1.1 billion) investment in its northern Québec facilities. The firm, owned by a Rio Tinto (NYSE:RIO)-led consortium, is making this commitment despite growing pressure from U.S...

Webull Corp (NASDAQ:BULL) shares are moving lower after the company announced a $1 billion standby equity agreement Thursday after the market close. What Happened: Webull announced that it secured a financing option through a standby equity purchase agreement with YA II PN, an investment fund...

President Donald Trump's "Big, Beautiful Bill" promises the first new tax break for older Americans since 2017, a temporary "senior bonus" deduction that could reduce many retirees' taxable income by up to $6,000 each year from 2025-28. How The Senior Bonus Works The Senate-passed version lets...

The Senate on Tuesday approved a sweeping domestic policy package that would slash spending on the Supplemental Nutrition Assistance Program (SNAP), marking what analysts call the deepest food-aid cut in modern history and sending the bill back to the House for final action. How The ‘Big,...

AMC Entertainment Holdings Inc (NYSE:AMC) shares are falling Tuesday. The company announced an agreement with creditors to strengthen its balance sheet. What To Know: AMC entered into a Transaction Support Agreement with creditors, including holders of 62% of its 7.5% Senior Secured Notes due 2029...

Billionaire Bill Gates has backed several clean energy companies with his Breakthrough Energy Ventures and one of those companies could have a way to change wind energy forever. While Airloom Energy could disrupt the wind energy sector, it also faces a tough industry that may experience slower...

Bone Biologics Corporation (NASDAQ:BBLG) stock is trading higher on Friday, with a session volume of 17.22 million compared to the average volume of 38.795K as per data from Benzinga Pro. The company filed a patent application with the U.S. Patent and Trademark Office (USPTO) for its preclinical...

NATO's 32 member states agreed to increase defense spending to 5% of GDP by 2035, representing a significant increase from the long-standing 2% benchmark. The new target is the most ambitious in the alliance's 76-year-old history and a major political win for U.S. President Donald Trump, who had...

Revolution Medicines, Inc. (NASDAQ:RVMD) on Tuesday partnered with Royalty Pharma Plc (NASDAQ:RPRX) on $2 billion in flexible funding to support Revolution Medicines’ independent global development and commercialization strategy and operations. Revolution Medicines retains full strategic and...

Super Micro Computer (NASDAQ:SMCI) announced Tuesday that it has priced the $2 billion convertible senior notes due 2030. The stock recovered some losses Tuesday after a 9.7% fall on Monday, when the company announced its plans to raise $2 billion via debt by offering convertible senior notes...

Rio Tinto (NYSE:RIO) and Hancock Prospecting have announced on Tuesday a joint investment of $1.61 billion to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region. A 50-50 investment will drive a significant expansion of the long-standing Hope Downs Joint Venture between...

Rhode Island lawmakers want to balance next year's budget with a pair of real-estate levies that critics have nicknamed the "Taylor Swift tax," citing the pop star's $17 million Watch Hill mansion as an example of who would pay. What Happened: According to a report by NBC 10 News, the House plan...

Super Micro Computer (NASDAQ:SMCI) on Monday announced that it intends to raise $2 billion via debt by offering convertible senior notes due 2030. The offering size is equivalent to 7.4% of the company’s market cap of $27.05 billion. The company also expects to grant the initial purchasers an...

Starbucks Corp. (NASDAQ:SBUX) might never have grown beyond six Seattle coffee shops if not for Bill Gates Sr., the towering attorney, who stepped in when Howard Schultz lacked the cash and the clout to buy the company in 1987. What Happened: Schultz, then 33, had 60 days to raise $3.8 million...

Social media platform X, formerly known as Twitter, is planning to roll out features that allow users to trade and invest directly from the app, according to CEO Linda Yaccarino. What Happened: On Thursday, in an interview with the Financial Times, Yaccarino unveiled the company’s roadmap,...