EBay rejects GameStop's $55.5 billion takeover bid
GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
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GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
GameStop, an ailing video game retailer and "meme stock," is pushing into the cryptocurrency sector.
The video game retailer has recently raised roughly $3 billion in cash, capitalizing on a jump in its stock price.
GameStop's stock price jumped more than 87% in pre-market trading following post on Reddit linked to trader Keith Gill.
Shares of GameStop are plunging before the opening bell after the company fired CEO Matthew Furlong.
GameStop raised more than $1 billion in its latest stock sale, capitalizing on a newly arrived and fervent army of online investors.
The overhaul in the top ranks of GameStop continues with the announced departure of CEO George Sherman at the end of July.
Two months after a market phenomenon took shares of North Texas-based GameStop to the moon, the video game retailer said Monday that it will sell up to 3.5 million of its shares with the price still vastly elevated.
In a move meant to push the business toward a more digital future, Grapevine-based GameStop has named an activist investor to help shift more of its business online.
GameStop shares surged before the start of U.S. trade on Thursday, with the stock more than tripling over the last two days.
GameStop Executive Vice President and Chief Financial Officer Jim Bell is resigning from his roles on March 26, 2021.
Many investors fully understand the contradiction between GameStop's stock price and its business fundamentals.
GameStop's stock price cratered on Tuesday, falling 60% to $90 a share. The drop signaled that the popular WallStreetBets Reddit stock market discussion board may be losing its magic.
Independent investors communicating online started purchasing GameStop shares, driving up the price. AMC Theaters, American Airlines, and Bed Bath & Beyond became hot commodities, too.
Stock-trading platform, Robinhood and a few others announced Thursday, Jan. 28, they were restricting transactions for certain stocks, including GameStop.
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
"This isn't just a legal question. It's a moral question," says University of Texas at Dallas Law Professor Mike Maslanka.
Unemployment claims are mounting as thousands of Texans find themselves jobless.
After GameStop posted 2nd quarter earnings that fell short of predictions, the company announced it would be closing as many as 200 stores by the end of the year.
Police said the suspect pictured in surveillance images has committed at least three aggravated robberies in Lancaster, Dallas and Mesquite.
A Consumer Justice investigation found your valuables could be stolen and sold the same day at some stores in North Texas. And it's all because one city can't agree on how to enforce its own law.
The Grapevine-based company is best known for selling games announced plans Monday to launch a new division called GameTrust that will help distribute and market them.
GameStop is dipping a toe into the video game publishing business. The retailer is partnering with Insomniac Games to release the studio's upcoming underwater adventure "Song of the Deep."
GameStop said that the stronger dollar hurt sales in the fourth quarter. Sales for the Grapevine video game retailer fell about 6 percent in the three months that ended January 31.
Prosecutors said jurors were shown recordings, messages,and testimony outlining how the former fire official coordinated the assault and later sought to target the victim again.
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
A federal judge denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center.
Mayor Eric Johnson added a meeting to the agenda to vote on whether to authorize the city manager to explore up to four sites to relocate City Hall.
The suspect, Victor Mata Villarreal, was wanted for attempted murder of a police officer after shooting at law enforcement during a vehicle chase earlier this week, officials said.
Four people required surgery while the five others have now been treated and released, according to Midland Memorial Hospital in Texas.
Prosecutors said jurors were shown recordings, messages,and testimony outlining how the former fire official coordinated the assault and later sought to target the victim again.
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Karmelo Anthony was sentenced to 35 years in prison for the fatal stabbing of Austin Metcalf.
A federal judge denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center.
Drivers towed from a Fort Worth CVS may be eligible for refunds after an I-Team investigation found questions over whether the tow company had authorization to operate in the lot.
Before striking a pipeline, causing a natural gas leak and subsequent explosion, an engineering firm did follow proper protocol to begin work at a Dallas apartment building.
A North Texas foster family says a legal gray area in Texas' Baby Moses law led to the child being returned to biological relatives.
As he battles terminal cancer, a Fort Worth fire captain says the state's workers' comp system has failed him — and he's far from alone.
A Kennedale couple says their leased solar panels stopped producing power and became a costly burden after years of unfulfilled promises.
A federal judge denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center.
Mayor Eric Johnson added a meeting to the agenda to vote on whether to authorize the city manager to explore up to four sites to relocate City Hall.
The Pentagon on Friday released a new group of documents and videos related to UFOs, or UAPs, with 72 more documents, images and recordings.
The board move marks a shift from a June 4 memo to staff saying email signatures, letterhead and other documents must reflect the name as "The John F. Kennedy Center for the Performing Arts" or "Kennedy Center."
Multiple floors of the Pentagon were locked down for several hours Thursday morning and hazmat crews were deployed for what authorities had described as a "hazardous materials incident."
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
The most recent week of data from Dallas County Health and Human Services shows a 50% increase in positive flu cases.
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
Despite the costs and rules, fans are excited for the World Cup madness that's finally taking off.
After sharing management of the arena for decades, the Mavericks are now in full control.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
Expensive tickets, trouble getting visas and anti-American sentiment may all be contributing to underwhelming demand.
Herring said that in the year before tariffs, used car sales were just under half of his business at his dealership in Irving; Now, they are nearly 75 percent.
Paige Bueckers scored a season-high 31 points, Jessica Shepard had 17 points, 10 rebounds and seven assists, and the Dallas Wings beat the Phoenix Mercury 85-70.
Corey Seager homered and singled to lead the Texas Rangers to a 4-2 victory over the Kansas City Royals.
Despite the costs and rules, fans are excited for the World Cup madness that's finally taking off.
The U.S. men's national soccer team kicks off its 2026 FIFA World Cup campaign against Paraguay at SoFi Stadium on Friday.
With 104 World Cup games being played in the U.S., Canada and Mexico, it's like "a Super Bowl every single day for five weeks," U.S. team captain Tim Ream told CBS News.
Creative minds are coming together in North Texas.
Anthony Head played librarian and mentor Rupert Giles in "Buffy the Vampire Slayer" and recently appeared in "Ted Lasso."
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
