(Reuters) - Leon Black, co-founder and former CEO of Apollo Global Management ( APO ), is in talks to become the anchor investor in the acquisition of the Telegraph, the Wall Street Journal reported on Wednesday. (Reporting by Aatrayee Chatterjee in Bengaluru; Editing by Devika Syamnath) ...

12:27 PM EST, 01/08/2025 (MT Newswires) -- Ally Financial ( ALLY ) will be exiting the mortgage origination business and is looking at strategic alternatives for its credit card business in Q1, the company confirmed to MT Newswires Tuesday. The company is also looking to shed some of its workforce. The job cuts would affect less than 5% of the...

Arcadium Lithium Plc ( ARLTF ) shares are trading higher on Wednesday after the company announced that it secured Committee on Foreign Investment in the United States (CFIUS) clearance regarding Rio Tinto‘s proposed acquisition. The Details: Arcadium entered into a definitive agreement to be acquired by Rio Tinto in an all-cash transaction valued at $5.85 per share back in October. This...

12:23 PM EST, 01/08/2025 (MT Newswires) -- JPMorgan ( JPM ) filed two additional lawsuits in connection with its investment in Greek fintech Viva Wallet, Bloomberg reported Wednesday. A lawsuit filed in Greece, which asserts a claim of 916 million euros ($944.9 million), alleged that Viva Chief Executive Officer Haris Karonis and three other executives deprived JPMorgan ( JPM )...