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$100 million New Jersey deli says in new SEC filing there’s ‘no basis to support’ that stock valuation

$100 million New Jersey deli says in new SEC filing there’s ‘no basis to support’ that stock valuation

Markets$100 million New Jersey deli says in new SEC filing there’s ‘no basis to support’ that stock valuationPublished Fri, Apr 30 20215:48 PM EDTUpdated Moments AgoDan Mangan@_DanManganShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsHometown International, which has had a bizarre $100 million stock market capitalization despite owning just one…

First round of the 2021 NFL Draft attracted 12.6 million viewers, second-biggest audience ever

SportsFirst round of the 2021 NFL Draft attracted 12.6 million viewers, second-biggest audience everPublished Fri, Apr 30 20217:02 PM EDTUpdated 17 Min AgoJabari Young@JabariJYoungShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsOpening night of the 2021 NFL Draft was down compared to last year’s all-virtual event but also the second-highest…

Uber, Lyft, DoorDash stocks close down after U.S. Labor secretary says gig workers should be classified as employees

TechUber, Lyft, DoorDash stocks close down after U.S. Labor secretary says gig workers should be classified as employeesPublished Thu, Apr 29 202112:32 PM EDTUpdated 1 Min AgoJessica Bursztynsky@jburszShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsShares of Lyft, Uber and DoorDash dropped Thursday after Secretary of Labor Marty Walsh told…

Capital Calls: Ares throws down gauntlet in private credit arena

A man counts U.S. dollar banknotes in Beirut, Lebanon, March 23, 2021.Concise insights on global finance.———————————————–ART OF WAR. Ares Management (ARES.N) is upping the ante in the booming market for private credit. The asset manager that oversees $197 billion has just raised 11 billion euros for a fund that will lend directly to European medium-sized…

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Volkswagen’s Diess to step aside at Skoda, Seat to focus on software

Volkswagen group CEO Herbert Diess delivers a speech during a visit to the SEAT (Volkswagen group) carmaker’s factory in Martorell, near Barcelona, March 5, 2021. REUTERS/Albert GeaVolkswagen (VOWG_p.DE) boss Herbert Diess is stepping down as head of the supervisory boards at subsidiaries Seat and Skoda to focus on building up a stronger software-development team, a…