Articles for tag: Cryptocurrency, David Sacks, Divestment, Elon Musk, regulatory favoritism, Transparency, Trump Administration

March 15, 2025

David Sacks Sells $200 Million in Crypto Before Joining White House Role: What This Means for the Market

David Sacks, appointed as the AI and crypto czar in the Trump administration, sold over $200 million in digital assets before taking office. His decision to divest, including $85 million directly linked to him, comes amid scrutiny over potential conflicts of interest and was highlighted in a White House memo. While Sacks has liquidated most ...

November 2, 2024

Market News

Business

Comcast Explores Divestiture Options for Cable Networks with Morgan Stanley

Comcast is working with Morgan Stanley to explore options for its cable networks. This comes after the company announced it's considering selling the business.

September 18, 2024

Market News

Business

Reckitt Benckiser embarks on a dramatic divestment journey, eyeing sales amid struggles with its homecare and infant formula sectors.

Reckitt Benckiser Group Plc is planning to sell some of its non-core homecare brands, potentially worth over £6 billion, as part of a strategic shift. The company is working with Morgan Stanley on this sale, which includes popular products like Airwick and Cillit Bang. Additionally, Reckitt is exploring options for its infant formula business, guided ...