Tag: programming

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Bill Ackman's Pershing Square Makes New Bid for Howard Hughes Holdings

Billionaire investor Bill Ackman's Pershing Square proposes buying 10 million new shares of Howard Hughes Holdings, giving it a 48% stake. The deal includes Ackman becoming chairman and CEO and transforming HHH into a diversified holding company similar to Berkshire Hathaway.

Warren Buffett's Big Bet on Constellation Brands

Warren Buffett's Berkshire Hathaway Acquires Stake in Constellation Brands, Boosting Shares

Parsons Q4 earnings, revenue miss estimates

Parsons Corp. (PSN) misses Q4 earnings and revenue expectations, with adjusted EPS of 78 cents versus 92 cents estimate and revenue of $1.73 billion versus $1.74 billion estimate.

New Weight-Loss Treatments Aim to Preserve or Grow Muscle

Current weight-loss methods often lead to muscle loss, increasing the risk of falls and reducing strength. Several companies are developing new treatments that aim to preserve or grow muscle mass while promoting weight loss, including Eli Lilly, Regeneron, Scholar Rock, Roche, Biohaven, Keros Pharma, Elevai Biosciences, Veru, 35 Pharma, Arrowhead Pharmaceuticals, and Six Peaks/AstraZeneca.

Ackman's Pershing Square Makes Revised Bid for Howard Hughes

Billionaire investor Bill Ackman's Pershing Square proposes to buy 10 million shares of Howard Hughes Holdings (HHH) at $90 each, giving it 48% ownership. Ackman plans to transform HHH into a diversified holding company like Berkshire Hathaway.

US Stock Futures Mostly Flat, Investors Weigh Tariffs, Fed Minutes

US stock futures traded flat on Wednesday, with the S&P 500 holding onto a record high as investors weighed President Trump's latest tariff salvo and awaited Federal Reserve minutes for insight into future policy.

Musk's Mission: Protecting Social Security or Dismantling It?

Social Security faces a funding shortfall with benefits exceeding tax revenue. Despite Elon Musk's claims of 150-year-old fraudsters, improper payments are minimal. Solutions include raising taxes, trimming benefits for high earners, or a comprehensive plan like Brian Riedl's. Musk's commission may be seeking savings to fund Trump's tax cuts, raising concerns among good-government watchdogs.

Trump's Team Targets 10-Year Treasury Yield to Cut Borrowing Costs

Trump administration economic advisers are targeting 10-year Treasury yields to influence borrowing costs for Americans, focusing on policies that promote growth and productivity rather than immediate monetary changes by the Federal Reserve.

Social Security: Fixing a Flawed System

There are no 150-year-old Social Security recipients, but the program does need fixing. Elon Musk's government-efficiency commission has targeted the program, but critics say he's spreading lies and the program is popular. Musk could help by using his platform to encourage politicians to make needed changes, but he may be looking for ways to finance Trump's tax cuts.

Meta's Stock Breaks 20-Session Winning Streak Amid Widening Gap with Other Big Tech Firms

Meta shares slid Tuesday, ending a 20-session winning streak on Wall Street, amid gains for Big Tech rivals like Alphabet, Apple, and Microsoft.