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Uber Builds Large Stake In Germany's Delivery Hero As Takeover Speculation Builds
Uber Builds Large Stake In Germany's Delivery Hero As Takeover Speculation Builds
Uber is exploring a potential takeover of Delivery Hero after building a large stake in the rival German food delivery company, Bloomberg News reports. This follows an earlier report that Uber had built a 19.5% stake.
On Monday, Uber disclosed that it owns 19.5% of Delivery Hero, plus an additional 5.6% through options. The position was built with the help of Morgan Stanley traders, according to people familiar with the matter.
Uber's move to acquire Delivery Hero could be an...
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Mar 11, 2026 / Tyler Durden
Lame Duck RINO Thom Tillis Blocking Warsh's Fed Confirmation Hearings
Lame Duck RINO Thom Tillis Blocking Warsh's Fed Confirmation Hearings
Amid escalating U.S.-Israel military strikes against Iran, a separate battle is brewing on Capitol Hill over President Donald Trump’s nomination of Kevin Warsh to chair the Federal Reserve, according to CNBC.
The key obstacle is Sen. Thom Tillis (R-NC), who announced last year that he would not seek re-election one day after voting against advancing the president's signature legislation, the “Big Beautiful Bill.”
Tillis has pledged to withhold support for any Federal Reserve nominees, including Warsh, until a criminal investigation into Fed...
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Apr 17, 2026 / Tyler Durden
Gulf War Leaves $58 Billion Repair Bill And Global Equipment Crunch
Gulf War Leaves $58 Billion Repair Bill And Global Equipment Crunch
Last week, JPMorgan - which correctly noted that headlines tend to focus on the fact of damage not the scale - was the first itemize the damage from the war in Iran, finding more than 60 energy infrastructure assets in the Gulf have been affected by drone and missile strikes, with roughly 50 sustaining different degrees of damage.
What about the actual dollar value of the inflicted damage?
According to Rystad, repair and restoration costs for energy-linked infrastructure as a result of...
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Sep 5, 2026 / Tyler Durden
'Not Simple': Witkoff, Kushner Meet Putin For High-Level Peace Talks Under 72-Hour Ukraine Air Truce
'Not Simple': Witkoff, Kushner Meet Putin For High-Level Peace Talks Under 72-Hour Ukraine Air Truce
Summary:
Putin Tells Witkoff and Kushner that Ukraine War "Not Simple"
Putin Meets Witkoff and Kushner for Peace Talks
US Envoys Witkoff, Kushner Land In Moscow For Peace Talks As Putin Halts Attacks On Kiev
New details have emerged about the meeting between US envoys Steve Witkoff and Jared Kushner and Russian President Vladimir Putin earlier today. The meeting began hours after Putin ordered Russian forces to suspend strikes on Kiev for three days.
Bloomberg reports that Putin opened talks with...
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