Data: Financial Modeling Prep ; Chart: Christine Wang/Axios Byron Allen , a media entrepreneur known for aggressively trying to roll up various media assets, on Monday announced a deal to buy a majority stake in BuzzFeed. Why it matters: The deal gives the 20-year-old digital publisher a much-needed lifeline. Without a buyer, the company likely would've been forced to file for bankruptcy . - BuzzFeed's stock has been trading under $1 and the company was warned earlier this year it is at risk of being delisted from the Nasdaq for falling below that threshold. - It received a similar notice in 2023 and subsequently approved a reverse stock split to boost its share price and maintain its listing. - Its business has been under enormous…
President Trump described the U.S. ceasefire with Iran as being on “life support” in the Oval Office on Monday after he dismissed Tehran’s counteroffer on nuclear talks. “It’s unbelievably weak,” Trump told reporters when asked if the ceasefire with Iran remains in place for the time being. #trump #iran #ceasefire
Carl Higbie: They can't win on their ideas, and after this latest attempt to save their racist gerrymandering plan, Democrats also proved they can't even spell.
Evacuees described panic, hypervigilance and delayed stress after experiencing wartime attacks without the support systems typical of combat deployments.
