Finance

Investing.com — Beacon Roofing Supply (NASDAQ:) Inc. has begun searching for potential buyers in a bid to counteract an $11 billion takeover offer from QXO Inc, according to a report from Bloomberg. The Virginia-based firm, which specializes in commercial and residential roofing, siding, windows, and other building materials, has been…

The House is going to have it’s own DOGE subcommittee chaired by Marjorie Taylor Greene.The Democrats on this committee aren’t DOGE-curious. They’re gearing up for a fight.The top Democrat says Republicans want to turn the government into a “piggy bank” for Elon Musk.As the Department of Government Efficiency has taken…

By Tom Westbrook and Elizabeth Howcroft NEW YORK/SINGAPORE/PARIS (Reuters) -Crypto markets crept up on Friday, still holding below recent highs even after President Donald Trump ordered a new working group to draw up crypto regulations long hoped for by the industry and explore the creation of a U.S. cryptocurrency stockpile.…

Investing.com — A recent study has unveiled that companies with high-level political connections within their board of directors tend to have a higher market perception of their cash holdings. The research was led by the University of Portsmouth and was published in the British Journal of Management. The study scrutinized…

Laura Sterner, Steve Cohen’s top fundraiser, is leaving Point72.Sterner has worked for Cohen since 2015 and was critical to raising billions for the firm’s relaunch.A person close to the $37 billion manager said Sterner’s deputy will assume her responsibilities.Steve Cohen’s $37 billion hedge fund is losing what the firm describes…