GameStop’s shares tumbled over 15% after the retailer announced a $1.75 billion convertible bond offering to fund its aggressive Bitcoin purchase strategy, mirroring moves by companies like MicroStrategy. Analysts express skepticism as the company faces declining revenues and market uncertainty.

President Donald Trump announced that China will ease access for American industries to critical rare earth minerals, paving the way for renewed trade talks between the two nations. In exchange, the U.S. will stop efforts to revoke visas of Chinese nationals studying at American colleges, signaling mutual concessions amid ongoing trade tensions.

In a move to streamline mortgage servicing, Xactus has integrated its automated flood compliance solution with ICE’s MSP loan servicing system. This integration enables mortgage servicers to receive flood zone updates directly within their systems, eliminating the need for manual intervention.

NVIDIA CEO Jensen Huang announced at the GTC Paris developer conference that quantum computing is “reaching an inflection point,” signaling a shift towards real-world applications in the near future. His optimistic outlook marks a significant change from his earlier predictions, reflecting rapid advancements in the field.

The Pennsylvania House has approved two amendments to a reform bill aimed at increasing accountability in hospital mergers and acquisitions, particularly those involving for-profit companies backed by private equity. The legislation now moves forward for a House vote.

In a significant restructuring, Warner Bros. Discovery announced plans to split into two public companies by next year, separating its cable networks, including CNN and TNT, from its streaming services and studios. The move aims to address the company’s $37 billion debt, which will largely be allocated to the spun-off TV networks.

This week, pivotal reports on consumer and business confidence, along with crucial inflation data, are set to shape economic outlooks as trade talks unfold in London. The outcomes may significantly influence markets and the broader economy.

China plans to fast-track applications for rare-earth minerals to the United States and the European Union. This move could have significant implications for global supply chains and high-tech industries.

In an unprecedented surge, India’s tourism sector reached new heights in 2024, with international visitor spending soaring to ₹3.1 trillion. The industry contributed nearly ₹21 trillion to the economy and supported 46.5 million jobs, reshaping global travel expectations.

In a significant development for international trade, President Donald Trump announced that the United States and China will resume trade talks following a “very positive” conversation with Chinese leader Xi Jinping. The renewed negotiations aim to break the impasse over tariffs affecting both nations.

Amid longstanding tensions with China, Japan is intensifying efforts to persuade the United States to lower tariffs on automobiles. Japanese official Akazawa is embarking on a four-day visit to Washington to expedite negotiations ahead of the G7 summit.

British fintech company Wise has announced plans to shift its primary stock listing to the United States, dealing a significant blow to the London Stock Exchange. The move involves establishing a dual listing, with the main hub shifting to the U.S. while maintaining a secondary listing in London.

Worldline has announced a €500 million bond issuance, marking a significant step in its financial endeavors. The issuance comes with a legal notice restricting dissemination in specific countries, underscoring the company’s commitment to international regulatory compliance.

Thames Water’s planned rescue takeover has fallen apart after private equity firm KKR withdrew from the deal. The troubled utility is now engaging with senior creditors to develop an alternative plan to recapitalize the business.

Express Wash Concepts has announced the acquisition of Cleanland Car Wash in Macedonia, Ohio, expanding its express wash portfolio to 119 locations. This strategic move reflects EWC’s commitment to growth within the industry.

President Donald Trump’s abrupt decision to double steel import tariffs to 50% is sending shockwaves through global markets. While U.S. steel prices are set to surge, European industries brace for oversupply and falling prices, highlighting the complex ripple effects of protectionist policies.

In a significant economic shift, U.S. imports saw a sharp decline in April, possibly signaling the initial impact of new tariffs on trade. The 20% tumble in goods imports raises concerns about the long-term effects of trade policies on the U.S. economy.

In a significant move, Taylor Swift has purchased her master recordings from Shamrock Capital, regaining control over her first six albums. This acquisition marks a pivotal moment in her ongoing efforts to own her creative work.

Allbound and Channel Mechanics have united under the new brand Channelscaler, aiming to help B2B companies grow partner revenue faster and more profitably with their comprehensive PRM and Partner Program Automation Platform.

The World Organisation for Animal Health has officially recognized Brazil as free from foot-and-mouth disease without the need for vaccination. This significant milestone was announced by the Brazilian beef lobby group Abrafrigo, marking a new chapter for the nation’s livestock industry.