Peltz's Trian Bids $1.4 Billion to Take Wendy's Private
Trian Fund Management has offered $1.4 billion to take Wendy's private. The chain's sales are falling, its debt is heavy, and one investor is already attacking the move.
Trian Fund Management has offered $1.4 billion to take Wendy's private. The chain's sales are falling, its debt is heavy, and one investor is already attacking the move.
From 20 November Airbnb hosts can no longer ask guests to wash up or strip beds. Small owners fear higher cleaning costs, and some are moving bookings elsewhere.
Simpler registration, automatic refunds and looser discount rules take effect in phases from 1 November, with small e-commerce sellers a main target.
OpenAI reportedly cut its fundraising goal to $20 billion, and S&P moved Meta's credit outlook to negative. Capital for big AI spending looks tighter.
The Competition Commission of India approved Xavier Niel's purchase of 16.2% of Vodafone Group for about €5.1 billion, along with three other deals.
Weeks after buying her production company back with Mediawan, Reese Witherspoon is reported to be cutting about 30 jobs and narrowing the business.