Biden’s big business crackdown bad for Wall Street behemoths: sources
President Biden’s big business crackdown could be bad news for Wall Street titans like Ken Griffin — assuming the controversial effort ever makes it off […]
Month: June 2021
California gov’s business manager evaded his strict COVID rules by moving to Utah
California Gov. Gavin Newsom has been accused of being out of touch with constituents during the pandemic — but one of his closest business confidantes […]
Inflation expected to ratchet up back-to-school costs, survey says
Parents are bracing for a back-to-school season that’s significantly pricier than last year — and inflation is partly to blame. A survey by KPMG of […]
LegalZoom jumps 31 percent in debut, valued at $7 billion
Shares of LegalZoom opened 31 percent above their offer price on Wednesday, valuing the online legal services company at $7 billion in its Nasdaq debut in […]
Yum! and 7-Eleven franchisee Ampex Brands buys Au Bon Pain
Yum! Brands and 7-Eleven franchisee Ampex Brands has purchased bakery and cafe chain Au Bon Pain, helping to expand its international reach. Financial terms were […]
‘Chinese Uber’ Didi valued at $80B in US IPO as shares soar
Shares in Didi, the largest ride-hailing firm in China, soared nearly 19 percent in their New York Stock Exchange debut Wednesday, valuing the ride-hailing giant […]
US senator advises buying Bitcoin for retirement
Bitcoin has taken a beating lately, but it’s still getting plugged by crypto evangelists — including a US Senator. On Tuesday, US Sen. Cynthia Lummis, […]
TikTok removes nearly 62M videos for rule violations
Short-form video app TikTok said on Wednesday it had removed nearly 62 million videos from its platform during the first three months of the year for violating […]
Amazon wants Lina Khan to recuse herself in antitrust probe
Amazon said it wants the new head of the Federal Trade Commission to recuse herself from any antitrust probes of the e-commerce giant, arguing that […]
Robinhood to pay $70M in record settlement with FINRA
Robinhood has agreed to pay nearly $70 million to settle a regulatory investigation into allegations that it misled customers, failed to appropriately vet certain traders, […]