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[ad_1] Reuters  —  Canadian retailer Alimentation Couche-Tard on Thursday pulled its $47 billion bid to buy Seven & i Holdings, citing a lack of constructive engagement by the Japanese retailer. The surprise move ends what could have been the largest foreign takeover of a Japanese company as Circle K operator Couche-Tard sought to create a global convenience store giant by acquiring the company behind 7-Eleven. “There has been no sincere or constructive engagement from 7&i that would facilitate the advancement of any proposal, contrary to comments made publicly by 7&i representatives,” Couche-Tard said in a letter to its board of…

[ad_1] Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching during Wednesday’s volatile trading, and what’s on the radar for the next session. A Coke, a smile, a president and a possible controversy President Donald Trump wants Coca-Cola to start using cane sugar in its beverages. Coke produced in the U.S. market usually uses corn syrup as a sweetener. I think the actual formula is a secret, right? On…

[ad_1] Dominika Zarzycka | Nurphoto | Getty ImagesCoinbase unveiled Wednesday an “everything app” designed to bring more people into the crypto economy.The “Base App,” which replaces Coinbase Wallet, will combine wallet, trading and payment functions as well as social media, messaging and support for mini apps – all running on the company’s homegrown public blockchain network Base, which is built on Ethereum.So-called super apps like WeChat and Alipay – which bundle several different services and functionalities into a single mobile app – have long been viewed as the holy grail of fintech by the industry. They’re central to everyday life…

[ad_1] Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump said Coca-Cola had agreed to sweeten its signature soft drink with cane sugar in the US, in what could represent a major shift from its decades-long use of high fructose corn syrup. In a social media post on Wednesday, the US president said he had been speaking to Coca-Cola about “using REAL Cane Sugar in Coke in the US, and they have agreed to do so”. He hailed it as a “good move” by the Atlanta-based company,…

[ad_1] It’s not polite to stare — especially, as it turns out, if you’re Gen Z.Social media users have described the now-viral “Gen Z Stare” as a vacant, wide-eyed expression often accompanied by an awkward silence. Many of the videos say it happens during retail and customer service interactions, or in painful workplace conversations.While some say the look might reflect lagging soft skills and questionable office etiquette among Gen Zers, psychologists and generational experts told BI the phenomenon could have more to do with natural growing pains at a first job and factors unique to Gen Z’s upbringing. And, they…

[ad_1] QpiAI, an Indian startup that claims to integrate AI and quantum computing for enterprise use cases, has raised $32 million in a new funding round co-led by the Indian government as the company aims to expand its presence and develop utility-scale quantum computers for markets around the world. The Indian government’s $750 million National Quantum Mission has co-led QpiAI’s all-equity Series A round, alongside Avataar Ventures, at a post-money valuation of $162 million. The funding reflects India’s broader push to establish itself as a quantum computing power. Launched in 2023, the National Quantum Mission is an Indian government initiative…

[ad_1] Even with President Donald Trump’s tariffs, the U.S. stocks with the highest international sales are actually besting domestic-focused names. Indeed, a recent analysis from Goldman Sachs found that the 50 S & P 500 stocks with the greatest overseas footprint outperformed the 50 S & P 500 stocks with the least exposure by 7 percentage points in 2025. International facing stocks advanced 11% from the start of the year, while U.S.-focused names rose just 4%. A big part of that story is the U.S. dollar, which dropped more than 10% through June in its worst first half going back…

[ad_1] 2025-07-16T19:58:24Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. WalletHub ranked 300 US cities to reveal the best and worst places for first-time homebuyers. Cities were scored on 22 factors, from housing costs and weather to crime rates and school quality. Most top cities for first-time buyers are in Florida, while most of the worst are in California. Whether it’s…

[ad_1] Creator economy mergers and acquisitions are on pace for a record year, according to a recent report from the M&A advisory firm Quartermast Advisors.Quartermast tracked 52 deals that had been announced in the first half of the year. According to the firm’s analysis, that’s a 73% year-over-year increase.So far this year, two key players are inking deals in the creator economy: private equity firms and industry incumbents.For instance, private equity firm PSG Equity invested $150 million to take a majority stake in the creator economy startup Uscreen, which helps influencers launch their own apps.”Private equity is looking at some…

[ad_1] Scale AI interim CEO Jason Droege sent an email to staff saying that it conducted major layoffs because it overhired for its GenAI unit.Scale AI reduced its 1,400-person workforce by 14% on Wednesday in cuts that affected 200 employees in its generative AI division, which helps Big Tech clients like Google and Meta improve their AI chatbots.Scale AI ramped up capacity “too quickly over the past year” on GenAI, leaving other divisions, like its public sector units, “under-resourced,” Droege wrote in the email, which was viewed by Business Insider.”While that felt like the right decision at the time, it’s…