Empower Brands has proposed acquiring consumer-products company Helen of Troy in an all-cash deal valuing it at about $1.6 billion. According to Sina Finance, Empower Brands said its latest offer, submitted on October 12, was $37 per share, up from its $34-per-share proposal in August. The company said it had repeatedly tried to discuss a potential deal privately with Helen of Troy's board, but that the board had not engaged in substantive discussions. David Maura, Spectrum Brands' CEO and Empower Brands' chairman, said Helen of Troy was trying to block the acquisition process by demanding an agreement with overly restrictive terms that would prevent Empower Brands from disclosing its offer to Helen of Troy shareholders. Helen of Troy had not responded to a request for comment. Empower Brands said combining the companies' brands in appliances, personal care and other categories would give Helen of Troy greater scale and financial strength, making it more competitive in the consumer-products industry. Empower Brands has the Remington shaving and hair-care tools brand and the Black+Decker appliance brand. Helen of Troy's portfolio includes home and outdoor brands such as Hydro Flask, and beauty and health brands including Revlon, Bed Head and Vicks. Empower Brands is a subsidiary of Spectrum Brands and is jointly owned by Spectrum Brands Holding Company and funds managed by Oaktree Capital Management.

CoreWeave Inc. bonds fell Wednesday, with some issues reaching new lows, after Democratic candidates who favor slowing data-center construction won several gubernatorial races, including in Texas, Bloomberg reported.

According to Jin10, U.S. Gulf Coast crude oil inventories fell to their lowest level since December 2022 in the latest week, according to an EIA report.

According to Jin10, Microsoft shares briefly rose to a record high and were last up 6.1%, while General Motors shares also hit a record high and were last up 4%.

According to Jin10, this winter is expected to be the warmest on record in the United States, sharply reducing natural gas demand and consumers' use of gas for heating and power generation. The strengthening El Niño is driving the most pessimistic expectations among traders in the U.S. natural gas market since the COVID-19 pandemic. U.S. gas producers and traders holding bullish positions were already hurt by El Niño in October. Matt Rogers, president of Commodity Weather Group, said October was the third-warmest October on record since 1950 based on gas-weighted heating degree days. He said the trend is expected to intensify this month, with November likely to become the warmest on record by a clear margin. The core winter period from December through February and the natural gas market's full winter heating season from November through March are also expected to be the warmest on record. According to the latest weekly data released by the U.S. Commodity Futures Trading Commission, fund managers have built record-high short positions in natural gas futures in anticipation of an unusually warm winter. Their net short position has also risen to its highest level since February 2020, reflecting extremely pessimistic overall market sentiment.

According to CNBC, Kraft Heinz announced Wednesday it will divest its North American coffee business in a deal valuing it at $650 million on an enterprise basis. The transaction with One Rock Capital Partners includes Maxwell House and Gevalia, is expected to close in mid-2027, and will leave Kraft Heinz with a 30% noncontrolling equity stake. Kraft Heinz expects $500 million in post-tax cash proceeds, which it plans to use to pay down debt. The company also reported third-quarter earnings that beat expectations and raised its 2026 outlook, projecting organic net sales will decline 0.5% to 1.25%, compared with its prior forecast that sales could fall as much as 2%.

Oppenheimer Asset Management Chief Investment Strategist John Stoltzfus remains bullish, citing earnings and revenue growth, resilient jobs and consumer demand, and flagging data centers as an issue to watch, according to Bloomberg.

Liquid’s reserves have been restored, with 4,270.54 BTC backing an equal amount of L-BTC, according to SideSwap. According to Odaily, an attacker exploited a vulnerability in Elements’ rangeproof validation on September 6 to mint about 4,000 L-BTC without bitcoin reserves, reducing reserves from about 4,205 BTC to 197 BTC. Most of the tokens were returned, and a November 2 deposit of 250 BTC filled the remaining gap. Direct redemption through the federation remains restricted, so users must exit through swap providers.

民主党横扫两院，AI 股却先跌后涨，市场真正交易的是预期差而非监管。

民主党夺下参众两院多数，加密立法主导权易手，调查特朗普家族数字资产业务将优先于推动新法案。

金色财经推出《金色Web3.0日报》，为您提供最新、最快的AI、DeFi、DAO、NFT和元宇宙行业新闻。

OFAC 将 10 名个人和 1 个实体列入制裁名单，打击朝鲜海外 IT 人员网络及其加密货币转移通道。

美国中期选举民主党拿下国会两院，特朗普遭遇执政以来最严重的政治挫败。

英特尔单日暴跌 28.58%、较高点回撤过半，拖累全球半导体板块，AI 叙事正从买算力转向要回报。

币安 63.4 亿美元被盗的初步报告指向一场假面试，朝鲜否认指控，而真正难解的是攻击者在内部潜伏的十天。

王永利详解美国稳定币立法进程，并明确指出中国不应跟随发行人民币稳定币，而应坚守数字人民币这条主线。

一场精心设计的虚假面试，让黑客用近五个月从员工电脑渗透进币安核心钱包，63.4 亿美元资产被转走。

Robinhood在财报会上把股票代币TVL、链上金融应用和美国用户列为真正的KPI，Meme币交易只是第一阶段的需求来源。