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Finance & Markets

Arkhouse Pushes Diller’s People Inc. to Pursue Buyback, HQ Sale

Activist investor Arkhouse Management Co. is pushing Barry Diller’s media company People Inc. to pursue stock buybacks and sell its New York City office building to improve its share price.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Lithuania builds world’s biggest ultra-fast laser factory amid China tensions

Amid tensions with China, a small European country is anchoring itself at the centre of the global semiconductor and artificial intelligence (AI) hardware supply chain as a laser powerhouse. The latest sign of Lithuania’s growing footprint in the sector came last month, when laser maker Litilit launched a new factory in the capital…

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