A CBS-Viacom merger nearly happened last year, with the two companies agreeing to an exchange ratio, but talks fell apart over who would run a combined entity and board composition. Since then, CBS has retooled its board and...
Multi-billion dollar payments start-up Stripe just got a new cash injection and a bit more valuable. The company said this week that it raised an additional $100 million from Tiger Global Management, boosting its valuation...
Cryptocurrency has a security problem it hasn't been able to shake. Bad actors stole $1.7 billion worth of cryptocurrencies from investors last year, according to a new report the CipherTrace Cryptocurrency Intelligence published Tuesday. Of...
Abu Dhabi Commercial Bank (ADCB), Union National Bank (UNB) and Bank Al Hilal have announced a major three-way merger deal that will create the fifth-largest lender in the Middle East and North Africa with combined assets of $114...
A federal court in Florida ordered a real estate investing firm and its former owner to pay $1 billion for operating a Ponzi scheme that targeted thousands of retail investors, many of them seniors. The...
Spencer Platt | Getty Images News | Getty Images Traders work on the floor of...
But even if companies did want to charge ahead with buybacks, some would have likely have to stall following their earnings announcement. The Securities and Exchange Commission established rules governing the conditions under which companies...
The government shutdown is beginning to seriously affect the business of Wall Street, in particular the critical issue of IPOs. If the government does not reopen soon, a serious backlog in initial public offerings could...
The agency said that investors hungry for yield have been willing to tolerate looser protections to the point where they are now weaker than they were even before financial crisis exploded in 2008. Much of that money comes...
China's economy may be slowing at the moment, but investors shouldn't count the Asian giant out in the long run, the chairman of a multibillion-dollar Chinese conglomerate said Wednesday. Fosun International's Guo Guangchang is...
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