Image: Ubisoft Tencent has dumped another small fortune into one of gaming’s biggest companies. Ubisoft announced on Tuesday that the Chinese conglomerate would be increasing its investment in the Assassin’s Creed maker by nearly $300 million through an elaborate set of financial maneuvers. Namely, rather than buy up shares of Ubisoft directly, Tencent is buying … Read more
The cat is out of the bag — and probably all over your Twitter feed. “Stray,” a new videogame for Sony’s SONY, +3.42% PlayStation and Microsoft MSFT, +2.08% Windows, lets players explore a subterranean, cyberpunk city as ginger tabby that’s trying to claw its way back to its family. The $29.99 third-person platform adventure and … Read more
Rents will continue to rise, contributing to inflation, until the end of the year, economists say. With home prices and mortgage rates this high, many prospective homeowners are choosing to rent longer, opting to wait it out until prices normalize. But rents are also increasing, helped along by a housing-supply shortage that’s hiking the cost … Read more
Companies announce dividend increases all the time, but here’s one that points to a simple investing strategy that can lower your risk and make you a lot of money over the years. Maybe it isn’t so exciting on the surface: Kroger Co. KR, a supermarket operator, raised its quarterly dividend payout by quite a bit, … Read more
Businesses in several different industries are rescinding job offers they made just a few months ago, in a sign the tightest labor market in decades may be showing cracks. Companies including Twitter Inc. real-estate brokerage Redfin Corp. and cryptocurrency exchange Coinbase Global Inc. have rescinded offers in recent weeks. Employers in other pockets of the … Read more