Merger-Arbitrage Funds See Tide Turning After FTC’s Microsoft-Activision Loss
Merger-arbitrage investors say the tide is turning in their favor after the Biden administration’s antitrust push suffered a
2023-07-15 04:18
Crypto Altcoins Outperform as Ripple Court Ruling Spurs FOMO
Smaller, lesser-known digital tokens such as Solana and Avalanche are outperforming Bitcoin this week after a federal court
2023-07-15 03:19
Maryland Gains Ground Over Virginia in Race for FBI Headquarters
The FBI is increasingly likely to move its headquarters from Washington to Maryland, despite Virginia lawmakers’ furious fight
2023-07-15 02:51
Big Banks Are Finally Giving Depositors a Cut of Windfall From Fed Hikes
As big US banks earn more from lending, the question has gnawed: When will depositors see their reward?
2023-07-15 02:25
Citigroup Says It ‘Significantly’ Curbed Lending to Buyout Firms
Citigroup Inc. has heavily cut back on its business of lending to buyout firms as part of the
2023-07-15 01:45
Lilly to Pay Up to $2 Billion for Obesity Startup Versanis
Eli Lilly & Co. will acquire closely held Versanis Bio, a startup developing a drug for obesity and
2023-07-14 23:29
Asean Latest: US-China Tensions, N. Korea Missiles Dominate
Tensions over regional security issues flared at a regional forum in Jakarta that brought together among the world’s
2023-07-14 22:54
US Consumer Sentiment Jumps to Near Two-Year High on Job Market
US consumer sentiment soared in early July to an almost two-year high, bolstered by easing inflation and a
2023-07-14 22:26
Biden Administration to Forgive $39 Billion in Student Debt
The US Department of Education will forgive $39 billion in student debt by updating a technical requirement under
2023-07-14 21:53
Wells Fargo Lifts Net Interest Income Guidance on Rate Hikes
Wells Fargo & Co. earned more net interest income than analysts expected in the second quarter and lifted
2023-07-14 21:51
UAE Suspends Gold Refinery Over Owners’ Alleged Laundering Links
The United Arab Emirates suspended the accreditation of one its biggest gold refineries over concerns that its owners
2023-07-14 19:52
JPMorgan Notches Record Revenue on Rates, First Republic Deal
JPMorgan Chase & Co.’s revenue soared to a record in the second quarter, boosted by the Federal Reserve’s
2023-07-14 19:50