Aggregator

In April, just six cities out of the top 100 markets had typical home prices below $300,000, and all had a swell of new listings.

NY Democrats keep trying to rig election maps, ignoring voters and courts to boost their power.

Delivery Hero Confirms Uber's Takeover Bid In Push For Global Food-Delivery Empire

Summary:

• Delivery Hero Confirms 33 Euro Takeover Bid 

• Uber Speculation of Delivery Hero Takeover 

• Uber Builds Large Stake in Delivery Hero 

Delivery Hero Confirms Takeover Bid 

Delivery Hero has confirmed that Uber has proposed buying the German food delivery company for 33 euros per share, in line with earlier takeover reports.

Following today’s press publication, Delivery Hero SE confirms that Uber Technologies, Inc. reached out with an indicative proposal of €33 per share in respect of a potential takeover offer to all shareholders of the Company.

Delivery Hero continued:

The Company remains fully focused on executing its strategic review process. Further updates will be provided as required or appropriate.

Recall earlier reports that said Uber built a 19.5% stake in Delivery Hero, plus 5.6% option exposure, as it explored takeover opportunities.

Our previous note outlined that Uber’s move to acquire Delivery Hero was likely aimed at expanding its international footprint.

Uber Builds Large Stake In Germany's Delivery Hero As Takeover Speculation Builds

Uber is exploring a potential takeover of Delivery Hero after building a large stake in the rival German food delivery company, Bloomberg News reports. This follows an earlier report that Uber had built a 19.5% stake.

On Monday, Uber disclosed that it owns 19.5% of Delivery Hero, plus an additional 5.6% through options. The position was built with the help of Morgan Stanley traders, according to people familiar with the matter.

Uber's move to acquire Delivery Hero could be an attempt to expand Uber Eats' global footprint and improve its competitive position against DoorDash outside the US.

Delivery Hero operates in more than 60 countries, giving Uber exposure to markets where it is either underscaled or trailing its competitors.

Map of Operatoins of Delivery Hero Brands

"While Uber's ultimate intentions on further stake-building remain unclear, we view the move as a clear endorsement of the strategic attractiveness of Delivery Hero's asset base for Uber," JPMorgan analysts wrote in a note.

Earlier, Uber said it "currently" has no intention of increasing its stake in Delivery Hero beyond 30%.

Delivery Hero shares in Frankfurt are up nearly 50% this year and have more than doubled from their March lows of around 15 euros. Uber shares were marginally lower in early afternoon trading.

Berenberg analyst Wolfgang Specht wrote in a note that Delivery Hero's investment case has changed following news of Uber's stake. He said it now seems prudent to assign value to scenarios that include a potential takeover.

Tyler Durden Sat, 05/23/2026 - 10:47

Michael and Rachel Moore of Bucks County were charged on May 11 with two misdemeanors -- providing alcohol to minors and corruption of minors -- for throwing the spooky shindig, which was "guest list only," according to 6ABC.

Turns out the only thing more deeply buried than these trees is the debate over what buried them.

The comedian explains how sucking up to Trump never ends well.

Bet $20, get $350 in bonus bets with Fanatics Sportsbook promo code NYPOST for Yankees vs. Rays.

“The Mandalorian and Grogu,” the first “Star Wars” franchise film in seven years, flies into theaters this weekend – and Disneyland pulled out all the stops to celebrate.

The former AEW world champion called it a recalibration more than a reinvention.

The A-lister "holds people to a high standard," and was allegedly fed up with her co-star.

The A-lister "holds people to a high standard," and was allegedly fed up with her co-star.

"Tick season is here and these tiny biters can make you seriously sick,” a CDC official warned.

The arrest of Nicolas Maduro, also on federal US charges, sets an obvious precedent. Let’s just say that Castro won’t be sleeping well.

The Bay Area Rapid Transit system posted its best quarterly on-time performance in more than a decade, still, BART remains stuck in a massive financial hole.

David Lowery is low-key one of the most ambitious directors in cinema right now.

40,000 Evacuated In Southern California As Chemical Tank Threatens Leak Or Explosion

Authored by Kimberley Hayek via The Epoch Times,

Roughly 40,000 people in Garden Grove, a Los Angeles suburb, were evacuated on Friday after a chemical storage tank was determined to be at risk of failing and spilling thousands of gallons of toxic material or exploding.

The malfunctioning tank holds methyl methacrylate, a flammable and volatile chemical used in plastics manufacturing for aerospace applications, igniting widespread worries over potential toxic vapor release.

The situation broke out Thursday, when the tank at a manufacturing facility started displaying signs of instability. By Friday, an update increased fears of an explosion, Orange County Fire Authority interim Chief TJ McGovern said.

On Friday, employees saw that the tank was bulging, a sign it was still “actively in crisis,” as one official described it.

The manufacturer said a valve had been damaged, preventing a controlled release.

Firefighters were working to cool the tanks with a mechanical device operated from a safe distance, stabilizing the temperature and buying critical time, officials said.

“I know I keep talking about we were handed this situation where there’s only two things that can happen: it could crack and leak, or it could blow up. That’s not acceptable to us,” Craig Covey, division chief of the Orange County Fire Authority, said in a video posted on social media.

Covey added in a later video, “I have an entire team actively working locally, regionally, across the state, and across the country, to try to figure out how to fix this.”

He said he is working to “get all these brilliant minds together to put a plan together, so that we don’t let this blow up.”

In an earlier announcement, Covey said the tank could fail and spill up to 7,000 gallons of toxic chemicals or explode and compromise neighboring tanks.

Garden Grove, which is home to 172,000 residents, is located approximately 30 miles south of Los Angeles. The evacuation zone affected neighborhoods in and around the city, and extends to nearby areas including parts of Anaheim, Cypress, Stanton, Buena Park, and Westminster.

Officials established three evacuation shelters in Garden Grove, Anaheim, and Cypress. Schools and roads in the affected areas were closed.

Garden Grove Police Chief Amir El-Farra said approximately 15 percent of those under evacuation orders were refusing to leave.

Health officials said that released vapor could prompt severe respiratory issues with prolonged exposure. Air quality monitors, however, had not detected any vapor as of Friday, said Dr. Regina Chinsio-Kwong of the Orange County Health Care Agency.

“You are safe as long as you are out of the zone that was determined to be an evacuation zone,” Chinsio-Kwong said.

Methyl methacrylate has a sharp, fruity odor. Some residents miles away reported smelling it amid the unfolding events.

The chemical is used in aerospace plastics manufacturing.

Tyler Durden Sat, 05/23/2026 - 09:55

The engaged couple were spotted holding hands as they arrived at Italian restaurant Sartiano's at the Mercer Hotel in New York City's SoHo neighborhood. 

The engaged couple were spotted holding hands as they arrived at Italian restaurant Sartiano's at the Mercer Hotel in New York City's SoHo neighborhood. 

Carnival Cruise Line is catching a strong wave of backlash after it canceled customers' bookings due to a brief website glitch that showed extremely reduced pricing.

The men behind the now-famous pizza delivery to Knicks guard Josh Hart on Thursday postgame told The Post how they managed to get 16 pies into Madison Square Garden during the big game.