Tag: Million
-
Westwood Financial Secures $145 Million to Propel Growth Strategy
Latest capital raise enhances flexibility and liquidity for dominant neighborhood retail owner LOS ANGELES, December 08, 2025–(BUSINESS WIRE)–Westwood Financial, a 55-year-old leading retail real estate investment firm based in Los Angeles, today announced it has closed on the recast and $145 million upsize to its corporate credit facility, increasing the total facility to $470 million.…
-
Baker McKenzie Supports DocMorris Finance B.V. in CHF 45 Million Convertible Bond Placement and 2026 Buyback
Baker McKenzie acted as legal counsel to DocMorris Finance B.V., a wholly owned subsidiary of DocMorris AG (“Doc Morris”), as it launched an approximately CHF 45 million senior unsecured convertible bond placement. Guaranteed by DocMorris, these bonds due 2028 are convertible into DocMorris shares and were issued to fund the early buyback of the outstanding…
-
Reevaluating the EU: Consequences of X’s $140 Million Fine
Elon Musk has called for the European Union to be abolished after the bloc fined his social media company X 120 million euros ($140 million) for a “deceptive” blue checkmark and lack of transparency of its advertising repository. The European Commission hit X with the ruling on Friday following a two-year investigation into the company under…
-
Tide Secures Support from Over One Million Small Businesses in India
The United Kingdom-based business management platform Tide claimed that it has surpassed one million micro, small and medium enterprises (MSMEs) in India. Emerged as its fastest-growing market globally in member acquisition, the platform has doubled adoption since its start in December 2022. Tide further stated that its growth in India is being driven by a…
-
Elon Musk Slams EU Over $140 Million Fine on X
Elon Musk, one of the world’s most influential tech leaders, has once again ignited a political firestorm—this time by taking direct aim at the European Union. His outburst came shortly after the EU imposed a hefty €120 million (about $140 million) fine on his social media platform, X, under the bloc’s stringent Digital Services Act…
-
Jersey Cash 5 Jackpot: NJ Player Wins $2.8 Million
Dec. 6, 2025, 11:08 a.m. ET A New Jersey lottery player won a $2.8 million Jersey Cash 5 jackpot on Friday, Dec. 5. It’s the 60th time the lottery game has been won in 2025. The New Jersey Lottery announced that a Monmouth County ticket matched all five numbers to win the $2,849,336 jackpot. The…
-
Singaporean Collector Launches Art and Tech Space for US$69 Million Beeple NFT
Singapore-based “technopreneur” Vignesh Sundaresan, who goes by the nickname MetaKovan online, grabbed global attention in March 2021 when he splashed out US$69 million on the non-fungible token (NFT) artwork Everydays: the First 5,000 Days by American digital artist Mike Winkelmann, better known as Beeple. That record-breaking bid supercharged a speculative frenzy in NFTs. The Indian-born…
-
LingSheng Technology Raises 100 Million Yuan for Advancements in Embodied AI Robotics
BEIJING, December 8 – LingSheng Technology, a Tsinghua-affiliated embodied intelligence robotics company, has completed Pre-A and Pre-A+ funding rounds totaling 100 million yuan. The investment was led by a listed company, with participation from industrial groups and financial institutions. Founded in February 2023, LingSheng focuses on developing a “general brain” platform for humanoid and embodied…
-
Severe Winter Storms to Affect 18 Million Across West and Midwest
More than 18 million people are under winter weather alerts across the West and Midwest as storms are forecast to bring heavy snows and bitter winds. A strong system is producing heavy snow across the Northern Rockies, where higher peaks may pick up a foot or more through Saturday, according to CBS Meteorologist Andrew Kozak.…
-
UAE Community Comes Together to Pack 10 Million Meals
Operation Gallant Knight 3 Mohammed Al Sharif, official spokesperson for Operation Gallant Knight 3, said Sheikh Mohammed’s initiative will support brothers and sisters in Gaza during the winter. Having packed food items for three million meals in just three hours, he was confident the 10-million-meal target would be met by day’s end. “We plan to…