Dell Considers IPO, Billionaire Investor Bets on Nike
U.S. computer giant Dell is reportedly considering a major shake-up, which could include an acquisition or an IPO. The board, under pressure to increase growth, will meet this month to explore its options. Talks for a potential IPO are still in the early stages.
Bill Ackman's Pershing Square Capital is betting big on Nike. The activist investor recently revealed that he took a passive stake in the sneaker company in October. Ackman reportedly isn't interested in changing the path Nike is on, but rather believes in the current strategy for the company.
Loy Gordon, owner of Neir's Tavern, joined Cheddar News to discuss how he saved the establishment three times and why he did so. Gordon also showed Cheddar News some specialty drinks that patrons can enjoy.
To celebrate Black-Owned Business Month, Cheddar News visited Neir's Tavern in Queens, one of the city's oldest taverns where the Martin Scorsese film "Goodfellas" was filmed. Loy Gordon, the bar's owner, discussed the history behind the establishment.
WeWork is warning there’s “substantial doubt” about its ability to stay in business over the next year because of its financial losses and its need for cash, among other factors.
You know ESPN the sports media giant. Now brace yourself for ESPN Bet, a rebranding of an existing sports-betting app owned by Penn Entertainment, which is paying $1.5 billion plus other considerations for exclusive rights to the ESPN name.
