The embattled special-purpose acquisition company seeking to merge with former President Donald Trump’s social media platform Truth Social has now lost most of its prior investment commitments, the latest issue for the years-old deal. Read the full article here

Domino’s Pizza Inc.’s stock DPZ, -0.96% slid 2.6% in premarket trade Thursday, after the pizza chain posted weaker-than-expected revenue for the third quarter. The company reported net income of $147.7 million for the quarter — or $4.18 a share — up from $100.5 million, or $2.79 a share, in the…

Zoe Liu wanted to study pipelines, but someone beat her to it. She pivoted. Instead of investigating the flow of natural gas between countries, she changed her focus to financial flows. This led back to her home country of China which invests the world’s largest stockpile of foreign currency. Who…

Large cryptocurrencies were mixed during morning trading on Wednesday, with Ripple XRPUSD, -0.72% seeing the biggest move, shedding 2.00% to 49 cents. Uniswap UNIUSD, -2.05% lead the increases with a 1.38% climb to $4.13. Three other currencies posted drops Wednesday. Polkadot DOTUSD, -1.13% fell 1.02% to $3.76, and Bitcoin BTCUSD,…

Michael Lewis isn’t the slightest bit upset at the criticism that’s come his way, in light of his sympathetic portrait, expressed both in his book and in interviews, of FTX founder Sam Bankman-Fried. “I know what it does — it sells the book,” said Lewis on Wednesday, speaking in London…

In what was described as an unannounced decision, the United Auto Workers union has called a strike at Ford Motor Co.’s F, -1.69% large Kentucky Truck Plant in Louisville, the union said Wednesday. The union, in a statement, said that 8,700 union members had walked off the job at 6:30…

Key News Asian equities had a strong day as Japan, South Korea, and Hong Kong outperformed, while India and Thailand were rare underperformers. We have previously stated that the Shanghai Composite’s level of 3,100 and the Shenzhen Composite level of 1,900 were lines in the sand for Chinese policymakers. Jawboning…

“Taylor Swift: The Eras Tour” hits movie theaters on Oct. 13, and the eagerly anticipated concert film looks set to break more records amid huge interest.  The Hollywood Reporter reports that the movie version of Swift’s blockbuster concert tour is set for a global opening of $150 million to $200 million,…

While Street Earnings overstate profits for the majority of S&P 500 companies, as shown in Street Earnings Overstated for 70% of S&P 500 in 2Q23, there are many S&P 500 companies whose Street Earnings are lower than their Core Earnings. This report shows: the frequency and magnitude of understated Street…

Private equity fund Apollo Global Management on Thursday said it had struck a deal to snap up struggling U.K. restaurant operator The Restaurant Group in a deal worth £701 million ($862 million). Apollo agreed to buy the company for 65 pence a share, marking a 34% premium on the Wagamama-owner’s…