Cathie Wood’s New ARK Space Exploration & Innovation ETF ARKX -1.04% It is already on its way to being one of the most successful fund launches in history despite criticism that it …
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 »Patreon’s valuation triples to $ 4 billion as the platform attracts creators and fans
Patreon Inc., an online platform that connects musicians and other creators with fans, was valued at $ 4 billion in its latest investment round, more than triple its value since September, as …
Read More »If you sell a house these days, the buyer could be a pension fund
This winter a bidding war broke out in a new subdivision north of Houston. But the prize this time was the entire subdivision, not just a suburban home, illustrating the rise of …
Read More »Carl Icahn appoints former GE executive to be CEO of his company
After forcing companies to make countless CEO changes in his career, Carl Icahn is about to make one of his own. The activist investor said he is hiring a former General Electric …
Read More »Loyalty plans to launch Bitcoin ETFs
Fidelity Investments unveiled plans on Wednesday to launch an exchange-traded fund that tracks the price of bitcoin, fueling the money manager’s push to bring cryptocurrencies into mainstream finance. The ETF, called the …
Read More »Opinion: If we want to defend Social Security we will have to fight
Three-quarters of our fellow citizens just said in a survey that they believe that everyone should have a defined benefit type (or “final salary”) pension plan. Phooey. Talk is cheap. How many …
Read More »Leon Black resigns as Apollo chairman in unexpected move
Leon Black, Billionaire Co-Founder of Apollo Global Management Inc., APO 2.16% He resigns as chairman of the investment giant in an unexpected move that is the latest in a governance review sparked …
Read More »Cathie Wood’s new Tesla price target is available
Text size Cathie Wood, CEO and Chief Investment Officer, ARK Investment Management Alex Flynn / Bloomberg Founder of ARK Invest and Tesla Bull Cathie Wood has posted a new Tesla price target. …
Read More »Bank of New York Mellon Invests in Cryptocurrency Startup
Bank of New York Mellon Corp. BK 0.41% is investing in a cryptocurrency startup, the latest move by a traditional Wall Street gamer to embrace digital assets. The startup, Fireblocks, creates tools …
Read More »