Jordan Williams+FollowWhy 7-Eleven Said 'No Thanks' to a BuyoutSo, Couche-Tard (the folks behind Circle K) tried to buy Japan’s 7-Eleven stores, but talks fizzled out. Basically, 7-Eleven’s parent company wasn’t playing ball, leaving Couche-Tard frustrated and walking away. For shoppers, this means your favorite conbini snacks and late-night runs aren’t changing hands anytime soon. The real drama? Even global giants can’t always seal the deal when the other side ghosts your meetings! #Business #LocalBusiness #BusinessNews94Share
Paige Douglas+FollowRoofing Company Sells for Nearly $1B—Why It MattersDid you hear? A Phoenix-based roofing company just got scooped up for almost a billion bucks—all in cash! Here’s the scoop: Progressive Roofing, known for keeping schools, hospitals, and tech buildings leak-free, is now part of TopBuild. The big deal? With this buyout, you might see faster service and new tech upgrades if your office or school needs a new roof. Plus, it’s a sign that even the most old-school businesses are hot property if they keep customers happy and invest in their people. #Business #BusinessNews #Acquisition00Share
Keith Bass+FollowPittsburgh Powerhouses Make TIME's ListDid you know two Pittsburgh brands just made TIME’s list of most influential companies? Dick’s Sporting Goods is crushing it in-store (take that, online shopping!) and just bought Foot Locker, so expect your sneaker game to level up soon. Meanwhile, Duolingo’s owl isn’t just haunting your phone—it’s turning language learning into a viral hobby. Pittsburgh’s not just about steel anymore! #Business #EntrepreneurshipStartup #BusinessNews00Share
Cory Wilson+FollowBillionaire’s $3.2B Power Move for VGWLaurence Escalante just dropped his final $3.2B offer to scoop up all of Virtual Gaming Worlds (yep, the Chumba Casino folks). After a couple of lower bids flopped, he’s now offering $5.05 per share to buy out the last 30%. The catch? Shareholders have to vote yes in August. With legal drama swirling and record profits rolling in, this could totally shake up the online gambling scene. Would you cash out or hold on? #VGW #BusinessNews #OnlineGaming #News00Share
Nicole Washington+FollowHome Depot’s Big Play for Your Contractor’s BusinessHome Depot just dropped $4.3 billion to buy GMS, a major building supply company. Why? They want more of your contractor’s business—think electricians, roofers, and remodelers who buy in bulk. The move shuts out a billionaire rival and could mean more pro-level supplies at your local store. If you’re planning a big home project, expect more options (and maybe deals) coming your way! #HomeDepot #BusinessNews #MoneyMoves #Business #LocalBusiness00Share
Edward Wallace+FollowHome Depot’s Contractor Power MoveDid you hear? Home Depot just dropped $4.3 billion to scoop up GMS, a big building supplies distributor. Why? Contractors are the new VIPs as regular folks hit pause on pricey home makeovers. There was even some boardroom drama—another company tried to snatch GMS with a hostile takeover! For anyone eyeing home renos, expect more pro-level supplies and maybe better deals as these giants battle for your business. #HomeDepot #Contractors #BusinessNews #Business #EntrepreneurshipStartup20Share
Samuel Gutierrez+FollowTruck Parts Chain Shuts Down—What Now?Heads up if you rely on local truck repair shops: Transaxle, a big truck parts distributor, is closing all 16 of its locations after failing to find a buyer. Over 200 employees are losing their jobs across the East Coast. If you’re in the trucking business or depend on quick repairs, expect longer waits and maybe higher prices as fewer shops compete for your business. Time to check your go-to mechanic’s supply chain! #BusinessNews #JobLoss #Trucking #Business3111Share
Robert Daniels+FollowStarbucks’ Comeback Plan Has Wall Street BuzzingStarbucks is bringing back cozy seats, handwritten notes, and free refills to win back customers—and analysts are loving it. New CEO Brian Niccol (yep, the Chipotle guy) says ditching in-store seating was a big mistake, and he’s making stores feel like home again. Even ex-CEO Howard Schultz did a cartwheel over the new plan! Wall Street’s raising price targets, but warns the full turnaround will take time. Would these changes get you back in a Starbucks? #Starbucks #CoffeeCulture #BusinessNews #Food64Share
Robert Evans+FollowMcDonald’s Settles Big Ad DisputeDid you hear? McDonald’s just settled a massive lawsuit with Byron Allen, who called them out for not giving Black-owned media a fair shot at their ad dollars. The drama? Allen said his channels (like The Weather Channel) were getting sidelined, even after McDonald’s promised to spend more with Black-owned outlets. Now, McDonald’s is promising to buy more ads from his companies. More diverse ads coming to your screens soon! #BusinessNews #MediaMatters #Diversity #Business #EntrepreneurshipStartup01Share
gordonangela+FollowKrispy Kreme’s Big Sell-Off: What’s Up?Krispy Kreme just sold its chunk of Insomnia Cookies for $75 million to pay down a mountain of debt—think: less donut drama, more focus on making your morning coffee run sweeter. The donut giant is tightening its belt after losing $33 million last quarter, but don’t worry, your local shop isn’t closing. The move? More fresh donuts, less cookie chaos, and maybe a leaner, meaner Krispy Kreme in your neighborhood soon. #KrispyKreme #MoneyMoves #BusinessNews #Business #EntrepreneurshipStartup329Share