In a surprising turn of events, Couche-Tard has walked away from its $47 billion bid to acquire 7-Eleven after a year of stalled negotiations, citing lack of engagement from 7&i leadership.
World Liberty Financial, backed by the Trump family, has unveiled its stablecoin USD1, pegged to the U.S. dollar. With major institutional backing, it aims to reshape the DeFi landscape amidst growing market competition.
Ulta Beauty's new CEO Kecia Steelman faces a challenging 2025 as the company forecasts flat sales growth and lower earnings. Despite a strong holiday quarter, the retailer anticipates a rocky year ahead amid increasing competition.
