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Video | 4 months ago

Jersey Mike's has filed confidentially with the SEC for an IPO

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🌟 About This Video 🌟 Jersey Mike’s Subs said Monday it confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission.

Bloomberg reported the Jersey Mike’s IPO could come as early as the third quarter, with Morgan Stanley, JPMorgan Chase, and Jefferies Financial Group advising. People familiar said the company is eyeing a valuation above $12 billion and more than $1 billion in proceeds, figures that may change.

Blackstone bought a majority stake early last year for about $8 billion, including debt, and the chain now exceeds 3,000 locations. CNBC noted a successful IPO would be the first restaurant-chain debut since Black Rock Coffee Bar’s September listing. #jerseymikes #ipo #subsandwiches #finance #businessnews

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Jersey Mike's has filed confidentially with the SEC for an IPO

Video | 4 months ago

πŸŽ₯ Video Details πŸŽ₯ 🌟 About This Video 🌟 Jersey Mike’s Subs said Monday it confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission. Bloomberg reported the Jersey Mike’s IPO could come as early as the third quar...

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QXO is buying building products installer TopBuild for $17 billion

Video | 4 months ago

πŸŽ₯ Video Details πŸŽ₯ 🌟 About This Video 🌟 QXO agreed to acquire TopBuild in a roughly $17 billion cash-and-stock transaction, positioning the combined company as a leading North American distributor. The QXO TopBuild acquisition offers $505 per share in ca...

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Eli Lilly is buying cancer biotech Kelonia Therapeutics for more than $3 billion

Video | 4 months ago

πŸŽ₯ Video Details πŸŽ₯ 🌟 About This Video 🌟 Eli Lilly announced Monday it will acquire Kelonia Therapeutics for $3.25 billion upfront to expand its oncology and genetic medicines pipeline. The acquisition centers on in vivo CAR-T technology and KLN-1010, an ...

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Honeywell is selling its barcode scanner business to Brady for $1.4 billion

Video | 4 months ago

πŸŽ₯ Video Details πŸŽ₯ 🌟 About This Video 🌟 Honeywell agreed to sell its Productivity Solutions and Services unit to Brady Corporation for $1.4 billion in cash, a move that advances Honeywell’s portfolio restructuring ahead of a planned corporate breakup. Th...

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Buc-ee's is closing a 26-year-old Texas location that will become a 7-Eleven

Video | 4 months ago

πŸŽ₯ Video Details πŸŽ₯ 🌟 About This Video 🌟 Buc-ee’s plans to close its 26-year-old Port Lavaca, Texas store, reflecting the company’s ongoing exit from smaller legacy sites. The Buc-ee’s Port Lavaca location at 2318 W. Main St. would rebrand as a 7-Eleven w...

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American Airlines stock sinks after it says a United merger isn't happening

Guide | 4 months ago

πŸŽ₯ Video Details πŸŽ₯ 🌟 About This Video 🌟 American Airlines said it is not pursuing or discussing a merger with United Airlines, a stance with implications for industry competition. In an April 17 statement, American Airlines rejected any merger talks and ...

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Mercedes-Benz debuts its first all-electric C-Class sedan with nearly 400 miles of range

Video | 4 months ago

πŸŽ₯ Video Details πŸŽ₯ 🌟 About This Video 🌟 Mercedes-Benz unveiled its first all-electric C-Class on April 20, 2026, at a global premiere in South Korea, with a U.S. launch planned for early 2027. The Mercedes-Benz electric C-Class C400 4Matic features a 94....

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Walmart is remodeling more than 650 U.S. stores and opening 20 new ones this year

Guide | 4 months ago

πŸŽ₯ Video Details πŸŽ₯ 🌟 About This Video 🌟 Walmart plans to remodel more than 650 U.S. stores and open about 20 new locations through 2026 and early 2027, advancing a modernization and expansion strategy. The effort focuses on Walmart store remodels with wi...

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Anthropic's CEO goes to the White House to defuse a feud with the Pentagon

Video | 4 months ago

πŸŽ₯ Video Details πŸŽ₯ 🌟 About This Video 🌟 Anthropic CEO Dario Amodei is set to meet the White House chief of staff to address the company’s dispute with the U.S. government. The Pentagon labeled Anthropic a β€œsupply-chain risk,” prompting a lawsuit and mixe...

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Oil falls to $90 and stocks soar as Iran opens Strait of Hormuz

Guide | 4 months ago

πŸŽ₯ Video Details πŸŽ₯ 🌟 About This Video 🌟 Oil prices fell and U.S. stock futures climbed after Iran said the Strait of Hormuz is open to commercial shipping during a ceasefire, easing supply concerns. U.S. crude for May delivery dropped about 10% to $84.64...

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OpenAI is launching a specialized AI model for drug discovery and life sciences research

Review | 4 months ago

πŸŽ₯ Video Details πŸŽ₯ 🌟 About This Video 🌟 OpenAI announced GPT-Rosalind, a biology-focused AI model released as a research preview for select U.S. enterprise users, underscoring rising competition in AI-driven drug discovery. Built for complex workflows, G...

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The S&P 500 closes above 7,000 for the first time, erasing all Iran war losses

Guide | 4 months ago

πŸŽ₯ Video Details πŸŽ₯ 🌟 About This Video 🌟 The S&P 500 closed at 7,022.95, its first finish above 7,000, fully recovering losses linked to the recent U.S.-Israel-Iran conflict. The index rose 0.8% and topped its January record, while the Nasdaq Composite en...

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