Ancora, a family wealth investment advisory firm, has been actively involved with Forward Air for nearly four years. The firm initially filed a 13D in late 2020 and settled for two board seats in early 2021 after a successful campaign focused on capital allocation and cost cutting, resulting in a significant increase in the stock
Boeing’s Starliner spacecraft recently undocked from the International Space Station, missing its scheduled departure date by several months. This departure did not include the two astronauts that were delivered to orbit back in June, as NASA test pilots Butch Wilmore and Suni Williams will remain at the ISS until February and return aboard SpaceX’s Dragon
After receiving glowing reviews at Telluride, Sony has decided to shift the release strategy for Jason Reitman’s latest film, “Saturday Night.” Instead of a wide release, the film will have a platform roll-out starting on September 27 in LA, NYC, and Toronto. This decision was made in light of the critical acclaim the movie has
Roblox, the popular kid’s gaming platform, is making a significant change to its revenue model. The company announced that game developers will now have the option to charge users real money for certain games rather than relying solely on Roblox’s digital currency, Robux. This shift is in line with traditional video game industry practices, allowing
The Green Bay Packers stand out from the rest of the National Football League teams due to their unique ownership structure. Unlike other teams that are privately owned by wealthy individuals or families, the Packers are owned by stockholders, many of whom are die-hard fans of the team. This ownership structure was established over 100
China’s policymakers are currently facing the challenge of boosting domestic demand in order to combat deflationary pressures and stimulate economic growth. Former head of the People’s Bank of China, Yi Gang, emphasized the importance of improving domestic demand, addressing the real estate market situation, and influencing the confidence of society at the Bund Summit in
The long-awaited sequel to the Tim Burton-directed, Michael Keaton starring movie has exceeded expectations with a whopping $12M in both Wednesday and Thursday night previews. This impressive number is on par with other successful movies such as It and Dune: Part Two, setting a strong precedent for its box office performance. One interesting aspect of
Michel Barnier, known for his role in negotiating Brexit, has now been appointed as the Prime Minister of France. This new position comes with its own set of challenges as he steps into a country riven by deep political fault lines. With President Emmanuel Macron naming him as the Prime Minister, Barnier faces the task
The global market trends have been characterized by volatile movements recently, with investors showing signs of anxiety about the uncertainty surrounding the U.S. jobs data. The Asian shares have been trading within tight ranges, reflecting the cautious sentiment prevailing in the market. The dollar has been struggling against losses, indicating a lack of confidence among
The proposed $14.9 billion acquisition of U.S. Steel by Nippon Steel has raised concerns regarding national security risks, according to a 17-page letter from the Committee on Foreign Investment in the U.S. (CFIUS). The letter pointed out the potential negative impact on critical sectors such as transportation, infrastructure, construction, and agriculture if the takeover were