Ackman Drops SPAC Plan for Universal Deal
Hedge-fund billionaire William Ackman is dropping plans to use his SPAC to invest in Universal Music Group, saying the Securities...
Financial Services
Medicare Payment Collector Targets Asbestos Bankruptcy Trusts
A collection agent for Medicare service providers is suing one of the dozens of trusts established by bankrupt asbestos manufacturers...
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...
WSJ News Exclusive | Dyal Capital Nears Deal for Minority Stake in Sacramento Kings
Dyal Capital is nearing a deal to make an investment in the Sacramento Kings National Basketball Association team, according to...
Biden Competition Order Targets Hospital Mergers, Surprise Medical Bills
The White House call for revised enforcement guidelines to promote hospital competition will likely amplify federal scrutiny of hospital mergers,...
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...
President Biden Signs Bill to Fund CFTC Whistleblower Program
President Biden has signed into law legislation that would temporarily set up a new account to pay for the operations...
Bitcoin Fraud Concerns Draw Scrutiny From Regulators
Regulators are signaling they want more control over an expanded cryptocurrency universe that has pushed further into Wall Street activities...
Nextdoor to Go Public in SPAC Merger Valuing Social Network at $4.3 Billion
Nextdoor Inc. is merging with a special-purpose acquisition company to go public in a deal valuing the social-media network at...
