Congress is investigating Polymarket after anonymous traders made huge bets on the U.S.-Iran ceasefire minutes before Trump announced it. Past wagers on geopolitical events suggest possible insider trading, with $143 million estimated in profits. Polymarket, banned in the U.S., continues offshore crypto operations while seeking domestic rollout, competing with Kalshi.Read More
Whitestone REIT will be acquired by funds managed by Ares Management Corp in an all-cash deal, valuing the U.S. shopping center owner at about $1.7 billion, the company said on Thursday.Read More
American Airlines plans to resume daily flights between Miami and Caracas from April 30, 2026, after receiving U.S. Transportation Department approval. The service will be operated by its regional unit Envoy using Embraer 175 aircraft. This marks the first U.S. commercial airline restart of flights to Venezuela in more than six years.Read More
Amazon’s cloud division has reached a remarkable milestone, raking in more than $15 billion each year from its AI offerings. This impressive figure highlights the success of Amazon’s heavy investments in technology. Additionally, the company’s custom chip sector is thriving, boasting annual revenues exceeding $20 billion. With plans to market these chips externally, Amazon is poised for further expansion.Read More
In a pivotal move, Paramount Skydance has secured financing for its acquisition of Warner Bros Discovery, aligning with a consortium of banks for permanent funding. This development paves the way for a major step towards finalizing the agreement, with the closure anticipated in the upcoming third quarter.Read More
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