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  • Finance
    Reuters24 minutes ago

    Toshiba selects Bain group as buyer of its memory chip business - sources

    Japan's embattled Toshiba Corp has selected a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, a last-minute dramatic twist to a highly contentious auction. It has partnered with South Korea's SK Hynix Inc and brought in U.S. buyers of Toshiba chips such as Apple Inc and Dell Inc to bolster its bid.

  • A German grocery store that's invaded the US is a bigger threat to Walmart, Kroger, and Target than anyone thought
    Business
    Business Insider2 days ago

    A German grocery store that's invaded the US is a bigger threat to Walmart, Kroger, and Target than anyone thought

    According to a recent note by equity research firm Jefferies, there's evidence that mass-market retailers like Target are now lowering prices to compete with Lidl, which has 10,000 global stores but just came to the US.

  • What investors should do now before the bull market gets gored
    Business
    CNBC.com18 hours ago

    What investors should do now before the bull market gets gored

    Amid devastating hurricanes, North Korean missile launches and political upheaval in Washington, equities in the U.S. simply keep jitterbugging their way toward fresh peaks. For 8½ years now, every dip has been followed by a push past the previous high. Yet at some point, even as investors continue reaping the benefits of a market climb that's been fattening wallets and retirement accounts along the way, the party will come to an end. And if you haven't yet given thought to how a long-lasting stock slump could impact your nest egg, now's the time. "The obvious is that the market will correct," said Greg Hammer, president of Hammer Financial Group in Schererville, Indiana. "It's just a matter