Investors Cautiously Optimistic on Bally’s-Evoke Deal

Despite protracted negotiations and market uncertainty, industry experts believe that the rumored acquisition deal between Bally’s Corp. and Evoke plc remains on the table. Talks between the two sides have protracted beyond initial expectations, with both parties agreeing to extend a key deadline. While that delay has raised questions about potential issues with the deal,…

Can Byju Raveendran still shape Byju’s insolvency outcome?

As Byju’s corporate insolvency resolution process (CIRP) approaches a crucial stage, a key question hangs over India’s once most-valued startup. Does founder Byju Raveendran still have the ability to influence the company’s future? The question has gained renewed significance after a Singapore court sentenced Raveendran to six months in jail for contempt, finding that he…

Schweikert Questions Treasury Secretary Bessent on Tax-Exempt Accountability, Debt Management – Congressman Schweikert

WASHINGTON — U.S. Rep. David Schweikert, R-Ariz., questioned Treasury Secretary Scott Bessent during a House Ways and Means Committee hearing on the Treasury Department’s priorities. Schweikert raised concerns about the size of the tax-exempt sector and the need for clearer reporting on whether tax-exempt organizations are meeting their public obligations. “We calculate about 17% of…

Long-running surf retailer enters administration

A business that helped shape generations of Sunshine Coast surfers, including 2012 world champion Joel Parkinson, has entered administration, ending a 40-year chapter. Much-loved retail brand Beach Beat’s operating company, Purple Corridor Pty Ltd, was placed into voluntary administration on June 2, according to a notice lodged with the Australian Securities and Investments Commission (ASIC).…