GameStop’s $55.5bn bid for eBay rejected as ‘neither credible nor attractive’ pred 5 urami in 30 minutami Online marketplace takes into account uncertainty around US video games retailer’s financing proposalThe board of eBay has rejected the US video games retailer GameStop’s surprise $55.5bn bid (£41bn) for the online marketplace, describing the proposal as “neither credible nor attractive”.Earlier this month, GameStop made an unsolicited bid for eBay, publishing a letter on its website outlining a half-cash, half-stock proposal. Continue reading...(The Guardian)
Trump to head to China for high-stakes talks with Xi – US politics live pred 5 urami in 41 minutami Meeting comes amid tentative trade truce but Iran, Taiwan and tensions over global supply chains will be complicating factorsSign up for the Breaking News US emailPete Hegseth begins his speech to the House appropriations’ defence subcommittee by justifying Trump’s defence budget request of $1.5tn.“President Trump inherited a defence industrial base that had been hollowed out by years of America last policies,” the defense secretary said. Continue reading...(The Guardian)
Deaths of at least six people believed to be due to heat inside shipping container in Texas pred 5 urami in 45 minutami Seventh body found near railroad tracks thought to be connected to what authorities call ‘potential human smuggling event’Sign up for the Breaking News US newsletter emailFederal agents are investigating the deaths of at least six people thought to be immigrants found inside a shipping container at a Union Pacific rail yard near the border with Mexico in Laredo, Texas, on Sunday as a “potential human smuggling event”.Officials reportedly have also said the death of a seventh person whose body was found near railroad tracks outside San Antonio, Texas – 150 miles (241km) to the north – may be connected to the case.Guardian staff contributed reporting Continue reading...(The Guardian)
US inflation jumped to 3.8% in April as war with Iran continues to drive up prices pred 5 urami in 47 minutami Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023Sign up for the Breaking News US newsletter emailUS inflation jumped to 3.8% in April as the war in the Middle East continued to drive energy prices and everyday costs for Americans.Prices rose 3.8% over the last year, according to the data from the Bureau of Labor Statistics, the highest jump since 2023. Continue reading...(The Guardian)
