SoftBank Suffers $54 Billion Bruise From China’s Tech Crackdown
TOKYO— SoftBank Group Corp. took a more than $50 billion beating from Beijing’s tech crackdown, but its leader said he...
Corporate Funding
U.S. Job Growth Rebounded in October
The U.S. added 531,000 jobs in October and the unemployment rate fell to 4.6%, as the labor market rebounded from...
WSJ News Exclusive | Rivian Automotive Targets IPO Valuation Just Above $60 Billion
Rivian Automotive Inc. is seeking a valuation in a range just above $60 billion in its initial public offering next...
WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO
WeWork Inc. shares rose on their first day of trading Thursday, capping a journey to a listing that included the...
WSJ News Exclusive | Saks E-Commerce Unit Begins IPO Preparations
The fast-growing e-commerce business of luxury retailer Saks Fifth Avenue is aiming to go public soon at a valuation roughly...
Theranos Didn’t Stop the Search for the Next Healthcare Star
Theranos Inc. once symbolized how Silicon Valley’s hustle and innovation might revolutionize healthcare. Its collapse made it a cautionary tale...
WSJ News Exclusive | Boeing Plans Investment in Virgin Orbit’s $3.2 Billion SPAC Listing
Richard Branson’s Virgin Orbit said Boeing Co. will invest in the satellite-launching startup’s planned $3.2 billion SPAC listing later this...
InfoSum Raises $65 Million as Companies Prioritize Data-Privacy
InfoSum Ltd. has raised a $65 million Series B funding round, as the data technology startup aims to support companies’...
Banks Weigh Alternatives to Libor Replacement as Companies Seek Longer-Term Rates
Some big banks are evaluating if the reference rate that is backed by regulators as the best replacement for the...
WSJ News Exclusive | Chicken Producer Sanderson Farms Nears Sale to Continental Grain, Cargill
Sanderson Farms Inc. is nearing a deal to sell itself for around $4.5 billion, according to people familiar with the...
Tech Startup Financing Hits Records as Giant Funds Dwarf Venture Capitalists
Big money-management firms expanded their dominance in Silicon Valley last quarter, crowding out venture capitalists in a once-niche business and...
Is a Four-Day Week the Future of Work?
Kickstarter Chief Executive Aziz Hasan had to embrace remote work during the initial stage of the pandemic. Now this boss...
WSJ News Exclusive | Didi Global Considers Going Private to Placate China and Compensate Investors
HONG KONG—Ride-hailing giant Didi Global Inc. is considering going private in order to placate authorities in China and compensate investors...
Fed Launches Standing Repo Facility to Boost Market Liquidity
The Federal Reserve is launching new facilities designed to provide liquidity to big Wall Street banks and foreign institutions like...
China’s Tech Regulator Orders Companies to Fix Anticompetitive, Security Issues
China’s main technology-sector regulator ordered the country’s internet giants to fix certain anticompetitive practices and data security threats, building on...
Low-Income Lending Rules Set for Broad Overhaul
Top U.S. banking regulators on Tuesday said they would work jointly to modernize rules governing how banks lend hundreds of...
Mortgage-Refinancing Costs Expected to Fall as Fannie, Freddie Drop Fee
WASHINGTON—The cost of refinancing government-backed home loans is expected to fall as mortgage giants Fannie Mae and Freddie Mac are...
ZoomInfo Technologies Using New Financing to Help Pay for AI Startup
Business-intelligence platform ZoomInfo Technologies Inc. raised about $500 million in debt on Tuesday and plans to use some of the...
Didi Tried Balancing Pressure From China and Investors. It Satisfied Neither.
In the final days before Didi Global Inc. went public late last month on the New York Stock Exchange, a...
Didi’s China Probe Adds to Business Challenges at Home and Abroad
SINGAPORE—China’s regulatory action against Didi Global Inc. threatens to impinge on the Chinese ride-hailing behemoth’s growth as it faces increasing...
