03:47 PM EDT, 10/21/2024 (MT Newswires) -- TPG (TPG) said Monday that its recently established talent-focused entertainment company will be named Initial Group. TPG has also acquired Grandview, a Hollywood literary management firm, which will merge with Untitled Entertainment, a company that Initial Group acquired in June. Untitled's founding partners Jason Weinberg and Stephanie Simon will be joined by new...

Precious metals barometer SPDR Gold Trust (NYSE:GLD) — an exchange-traded fund that tracks the price of physical gold — recently raised eyebrows as one of the highlights in Benzinga's unusual options activity screener. However, the sentiment clocked in as bearish, running counter to the current trade. Specifically, the trade in question was for 125 contracts of the $193 call option...

Oct 21 (Reuters) - Carrier Global ( CARR ) has reached a $730 million settlement with its fire protection unit Kidde-Fenwal and claimants that have sued the bankrupt subsidiary over toxic forever chemicals in its firefighting foam products. Kidde-Fenwal said in a Friday court filing in Delaware that it would use the settlement to create a Chapter 11 plan that...

04:04 PM EDT, 10/21/2024 (MT Newswires) -- Microsoft's ( MSFT ) relationship with OpenAI may be its most strategic yet, with any stake dilution in the ChatGPT maker following its October fundraising offset by a lift to Azure growth, UBS said in a note emailed Monday. According to documents obtained by media outlets as part of OpenAI's funding round, the...