As Americans pull back on drinking and core whiskey sales slide, Lawson Whiting’s exit leaves the spirits giant looking outside its walls for a turnaround strategy.
“There’s no question that buyers are cautiously optimistic, taking advantage of pricing that is off peak pandemic levels,” said Don Kottick, president of REMAX Canada. “Before we call it a ‘recovery,’ it’s worth remembering that the rebound remains narrow, selective and far from guaranteed. Detached housing may be finding its footing, but affordability, confidence and…
JPMorgan Chase reported a record second-quarter profit on Tuesday, as a wave of big-ticket IPOs and dealmaking helped drive investment banking fees to their highest levels since 2021, while its trading desk capitalized on volatile markets. Revenue rose across all business units at the bank. Investment banking rode a sharp rebound in the U.S. IPO…
For those who are caring for their aging parents and raising kids at the same time, it can often seem like there’s never enough time, money, or energy to provide for all the family members who need you. In particular, handling finances when two different generations are relying on you can feel like an impossible…
Sebi on Tuesday exempted Mehta Family Trust, held by Bollywood actor Juhi Chawla and industrialist Jay Mehta, from making an open offer for the proposed indirect acquisition of shares and voting rights in Saurashtra Cement Ltd. The proposed transaction involves Jay Mahendra Mehta transferring his 49.99 per cent stake in Galaxy Technologies Pvt Ltd to…
Mylan Inc sold shares worth Rs 1,839 crore in Biocon through a block deal on Tuesday, with several domestic mutual funds, insurers and foreign investors picking up the stock. According to exchange data, Mylan sold 4.59 crore shares of Biocon at Rs 400 apiece. The total value of the sell-side transaction stood at Rs 1,839…
The Reserve Bank of India on Tuesday proposed allowing mutual funds, insurance companies and pension funds to retain a standing approval to acquire higher stakes in the same bank without seeking fresh regulatory clearance each time their holdings fall below the 5% threshold. The move is aimed at easing the regulatory compliance for large institutional…
The Punjab state has declared its popular monthly result called the Dear 100 Monthly Lottery draw on July 14, 2026, under which the first prize is of bumper Rs 25 lakh. The second prize winner will get Rs 5 lakh. A total of 30 winners will be selected, and each will get Rs 9,000 as…
My husband and I spent our honeymoon in Costa Rica 22 years ago. It was our first international trip together, and while the stunning beaches, sloth sightings, and lava flowing down the side of a volcano left us awe-struck, we also appreciated seeing each other experience these new things together. As the years passed, we…
Warren Buffett is ramping up the pace of his annual donations of Berkshire Hathaway Inc. shares to charitable organizations run by his three children, putting him on track to completely dispose of his stake in the company over the next eight years.For the first time in two decades, Buffett decided to skip his midyear donations…