SPAC FRENZY EMBOLDENS SILICON VALLEY STARTUPS TO FORGO VENTURE FUNDING
Helicopter-taxi hopeful Archer is among those joining the public markets with billion-dollar valuations—years before any revenue California aerospace startup Archer Aviation Inc. has a multibillion-dollar vision of flying people around town in autonomous electric helicopters. It doesn’t have revenue or a vehicle ready for liftoff, but that hasn’t slowed the three-year-old company. Instead of toiling…
BNP Paribas SA tightened its deforestation policy for companies doing business in the Amazon rainforest region and the Cerrado, a vast tropical savanna in South America where soy and cattle are raised.
Silicon Valley techies and Wall Street titans have bought homes and moved businesses there in the pandemic, coaxed by an eager mayor.
Hussein Sayed, a local anchor with CNBC, a tv network, beams from the stage as he welcomes participants to a conference on family offices (fos) in Dubai. Among those present are billionaires and their offspring, advisers and money managers, and a smattering of investment-minded blue-bloods, including Prince Michael of Yugoslavia. “We think there may be over $2trn represented…
Sitting in an open floor plan office or having flexible, unassigned seating at work is a challenge to be sure, but these tips can make your work space a bit more bearable.
Oil tycoon T. Boone Pickens, who is recovering from a series of strokes and a fall last year, said Friday that he is closing his Dallas energy-focused hedge fund after what he described as “one hell of a roller coaster ride.”
Almost no one is bearish. This year is poised to be one of the most profitable for the S&P 500 in this bull market, now entering its ninth year, with a double-digit gain. And all the lead strategists at top Wall Street firms expect many of the same catalysts to lift stocks again in 2018,…
“Get your facts first, then you can distort them as you please.” — Mark Twain Recent market activity has once again brought up the potential for a serious correction in equities while stock prices hover near record highs. Of particular interest has been tax reform. Last week a modest selloff in equities (S&P 500 -0.21%, NASDAQ…
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