Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017. IAC said it expects the transaction to close in the second quarter of the year. The two companies will post their respective fourth-quarter results when IAC reports on Feb. 11. Angi was founded…
The Securities and Exchange Commission on Monday said two related Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges that they violated more than 10 separate securities law provisions related to their brokerage operations. The violations by Robinhood Securities LLC and Robinhood Financial LLC are related to failures to report suspicious…
As the boutique fitness sector starts to buckle, Barry’s Bootcamp on Monday announced new investment from Princeton Equity Group. “The reason why this [boutique fitness] works for Barry’s is that our positioning in the marketplace is premium,” said Joey Gonzalez, Barry’s co-CEO, in an interview with CNBC. “We always want…
Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the NBA’s 76ers and the NHL’s Flyers. The deal represents a reversal from previous plans to build an arena in the Center City district of Philadelphia. Harris Blitzer and…
Sudan’s army said on Saturday it had entered the central city of Wad Madani and was pushing out its paramilitary rivals the Rapid Support Forces (RSF), a step which if completed successfully would be its biggest gain in near two years of war. The army posted a video appearing to…
Italy’s justice minister has asked an appeals court to revoke the arrest of an Iranian citizen wanted by the US over a drone attack in Jordan that killed three Americans a year ago. Mohammad Abedini was scheduled to appear at a Milan court on Wednesday in connection with his bid…
Six people died when a propane-butane cylinder exploded at a restaurant in the northwest Czech city of Most, setting the building on fire, emergency services said on Sunday. Eight people were injured in the fiery blast that occurred late on Saturday evening, and 30 people were evacuated from the restaurant…
Israeli Prime Minister Benjamin Netanyahu has spoken with US President Joe Biden about the progress in negotiations for a Gaza ceasefire-hostage deal. “The prime minister discussed with the American president the progress in the negotiations to release our hostages and updated him on the mandate he gave to the negotiating…
An Austrian woman has been kidnapped by gunmen in Niger’s Agadez city, local residents and the Austrian foreign ministry said on Sunday, the first time a European citizen is known to have been kidnapped in the conflict-hit West African nation since a military junta took power in 2023. The ministry…
Croatia’s opposition-backed President Zoran Milanović, a critic of the European Union and NATO, overwhelmingly won reelection for another five-year term on Sunday, defeating a candidate from the ruling conservative party in a runoff vote, official results showed. Milanović won more than 74% of the vote compared to his challenger Dragan…