eBay in the spotlight as GameStop ramps up a bid deal—$55-56B talks stir the resale marketplace, with a quick bio below. eBay: US-based, San Jose; giant online marketplace operator with 190 markets.
A Guardian piece chronicles a month of anti-consumption experiments, detailing how various methods have fared in curbing impulse purchases, with one strategy resulting in substantial savings while another approach risks a return to shopping urges.
Oil prices have steadied as the U.S. has signaled further action to ease vessel movements through the Strait of Hormuz amid renewed tensions with Iran. Brent sits around $111-113, while U.S. crude trades near $105, with global markets awaiting clarity on the ceasefire talks and potential supply disruptions.
eBay has rejected GameStop CEO Ryan Cohen’s unsolicited $125-per-share offer — about $55.5bn — after its board has reviewed the proposal and found uncertainty in financing, added leverage and operational risks. GameStop has built roughly a 5% stake in eBay and has signalled it will consider taking the offer directly to shareholders.