WeWork Joins a Long List of High-Profile SPACs That Have Failed
The list of companies to go public through a blank-check merger only to go bankrupt shortly thereafter has
2023-11-08 01:56
John Paulson Seeks Sanctions on Ex-Business Partner, Lawyers Over Fraud Suit
John Paulson asked a judge to sanction his former Puerto Rico business partner and his lawyers for filing
2023-11-08 01:55
US Wheat Exports Plunge to 20-Year Low as Mississippi River Dries Up
American wheat shipments dropped to the lowest ever, hampered by a shrinking Mississippi River and competition from ample
2023-11-08 01:30
Telecom Italia Approves Grid Sale, Defies Top Investor
Telecom Italia SpA has agreed to sell its landline network to KKR & Co. for as much as
2023-11-08 00:53
Civilians Trapped in Gaza Are Running Out of Food, Fuel and Hope
In the days after Oct. 7, bombs started falling from the sky. Leaflets fell too, urging the 1.1
2023-11-07 23:48
Arm Leads Trio of High-Stakes Earnings After IPOs
Raising a combined $6.5 billion, three of this year’s biggest US tech listings — Arm Holdings Plc, Klaviyo
2023-11-07 23:20
KKR Earnings Beat Estimates Despite PE Deal Drought
KKR & Co. reported growth in its insurance unit that eased a decline in private equity asset sales
2023-11-07 23:19
Portugal PM Quits After Chief of Staff Held in Corruption Probe
Portuguese Prime Minister Antonio Costa resigned after his chief of staff was detained as part of an investigation
2023-11-07 22:46
UBS Seeks to Shed $5 Billion in Rich Clients’ Assets
UBS Group AG has decided to exit $5 billion in assets it manages for rich customers as it
2023-11-07 21:27
UniCredit Seeks Better Terms on Nexi Processing Services Deal
UniCredit SpA is seeking to renegotiate its processing deal with payments company Nexi SpA, in a further sign
2023-11-07 20:57
Rising Livestock Emissions Undermine World’s Climate Fight
Greenhouse gas emissions from the world’s top meat and dairy producers increased further this year, highlighting the urgent
2023-11-07 20:51
WeWork Saga Cost Masayoshi Son $11.5 Billion and His Credibility
WeWork Inc.’s bankruptcy filing caps a years-long saga that revealed breathtaking flaws in the investment style of Japanese
2023-11-07 20:21