Zomato shares soar in red-hot start for first Indian unicorn to go public
Shares in Zomato gained as much as 80% on their first day of trading on Mumbai's stock exchange. The listing...
investing
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...
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...
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...
El Salvador is the first country to adopt bitcoin as legal tender
A majority of lawmakers have approved a proposal from Salvadorian President Nayib Bukele that will allow bitcoin to be used...
Gary Vaynerchuk: NFT is the next Amazon
Vaynerchuk's VeeFriends NFT collection will give buyers three-year access to his VeeCon business and marketing convention. Customers can buy the...
Move over, bitcoin. Ethereum is at an all-time high
Ethereum, or ether for short, hit a new record high Monday of about $3,200. Ether prices have more than quadrupled...
How JPMorgan Chase got European football so wrong
But America's biggest bank didn't foresee this: Following massive blowback from fans, the sport's governing bodies, UK Prime Minister Boris...
HSBC is pushing even harder into China and India
The bank — which is still headquartered in London even though it makes most of its money in Asia —...
Elon Musk, the world’s richest man, is about to get a whole lot richer
He received four grants to buy 8.4 million Tesla shares in 2020. After paying the exercise price, those blocks of...
‘There’s never been a time like this’: Wall Street is piling into trading cards as prices soar
In early February, a Michael Jordan rookie basketball card in pristine condition sold for a record $738,000 at an auction...
Luckin Coffee files for bankruptcy in the US
In a statement Friday explaining its Chapter 15 filing, Luckin said the move will help it financially restructure itself and...
Inside the Reddit army that’s crushing Wall Street
He should have been concentrating on the student he was tutoring in physics — a job he did during his...
Robinhood to ease trading restrictions. GameStop stock soars 100%
The stock lost more than 44% of its value on Thursday after surging nearly 40% at one point earlier in...
Elon Musk overtakes Jeff Bezos to become world’s richest person
A 5% rise in Tesla (TSLA) shares early Thursday lifted the value of its CEO stock in options by about...
