Fidelity’s Charitable Arm Wins in Hedge-Fund Founders’ Lawsuit
The charitable arm of Fidelity Investments on Friday won a lawsuit brought by a wealthy couple over the handling of...
investing
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 —...
Nestle to Sell Poland Spring, Pure Life and Other Water Brands for $4.3 Billion
Nestle SA agreed to sell most of its North American bottled-water brands, including Poland Spring, Arrowhead and Pure Life, for...
Alden Global Capital Agrees to Buy Rest of Tribune Publishing
A New York hedge fund that is the largest shareholder in Tribune Publishing Co. has reached a deal to acquire...
Marriott CEO Arne Sorenson Dies at Age 62
Marriott International Inc. Chief Executive Arne Sorenson, who created the world’s largest hotel operator by acquiring Starwood Hotels & Resorts...
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...
Bumble Stock Surges 64% in Market Debut
Shares of online-dating company Bumble Inc. jumped 64% in their trading debut Thursday amid huge interest in matchmaking apps and...
Super Bowl Ads Go for Comedic Catharsis
Most Super Bowl advertisers took a cautious approach with their commercials Sunday night, often trying to project a sunny tone...
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...
BTS made Bit Hit a huge success. They’re also why its IPO is so risky
But Big Hit Entertainment's extreme reliance on BTS could turn out to be just as much a liability as it...
