The organization that in the United States says if the economy is in recession or not seems to be asleep at work. The National Bureau of Economic Research defines a recession as …
Read More »Toshiba Receives Settlement Proposal That Could Be Worth More Than $ 20 Billion
Japan’s Toshiba Corp. said on Wednesday it received an acquisition proposal from private equity firm CVC Capital Partners, in a deal that could be valued at more than $ 20 billion if …
Read More »Coinbase earned more in the first quarter than in all of 2020
Coinbase Global Inc. profited handsomely from bitcoin’s first-quarter rally, generating more profit and revenue in the first three months of 2021 than in all of 2020. The company, which offers a variety …
Read More »Elon’s Brother Kimbal Musk Pockets Over $ 7 Million From Tesla Stock Trading
Kimbal Musk, Elon’s younger brother, made more than $ 7 million trading shares of Tesla Inc., as he acquired shares through options and sold them on the same day at an average …
Read More »GameStop to sell shares after social media-fueled trading frenzy
GameStop Corp. said it could raise hundreds of millions of dollars from the sale of shares in the coming months as the video game retailer turns to public markets to help support …
Read More »Rival Group Makes Approximately $ 680 Million Fully Funded Offering to Tribune
A Maryland hotel magnate and a Swiss billionaire made an offer for Tribune Publishing Co. that the newspaper chain is expected to favor over a takeover deal it has already reached with …
Read More »US Treasury Yields Rise After Strong Jobs Report
US government bond yields rose after new data showed a big jump in hiring in March, giving investors more reason to be optimistic about the economic outlook. The yield on the benchmark …
Read More »Payday could be coming for US bank investors.
It’s getting closer to business as usual for the largest banks in the US when it comes to payments to shareholders. The Federal Reserve is now poised to end the special restrictions …
Read More »ThredUp Shares Jump 30% On Market Debut
Shares in ThredUp Inc. opened 30% above the trading price on its market debut on Friday, an early sign that investors continue to be bullish on online second-hand retail. Shares of the …
Read More »Media startups Axios and Athletic discuss the merger, looking at the SPAC deal
Sports media outlet Athletic is in merger talks with news startup Axios, according to people familiar with the matter, as part of a plan to build a larger online publishing company that …
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