Chipmaker GlobalFoundries valued at $26 billion in lackluster Nasdaq debut
(Reuters) -Shares of GlobalFoundries Inc, which is owned by Abu Dhabi’s sovereign wealth fund Mubadala Investment Co, opened flat on the Nasdaq on [...]
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Corporate titan Ron Brierley sentenced to 14 months in prison for possessing child sexual abuse images
Ron Brierley has been jailed for possessing child sexual abuse images. The 84-year-old former knight and famed corporate raider in New Zealand and [...]
Auditors question ability of Raffles Education to continue operating
SINGAPORE – A shocking announcement by Raffles Education (REC) that its auditors had highlighted material uncertainty on its ability to continue as a [...]
Morgan Stanley Asia veteran Christianson retires – memo
FILE PHOTO: The headquarters of Morgan Stanley is seen in New York January 9, 2013. REUTERS/Shannon Stapleton/File PhotoHONG KONG (Reuters) – Morgan Stanley’s [...]
Invesco in talks to merge with State Street's asset-management business -WSJ
(Reuters) – Investment management firm Invesco Ltd is in talks to merge with State Street Corp’s asset-management business, the Wall Street Journal reported [...]
Democrats seek corporate, wealthy tax hikes for $3.5T plan The Denver Post
WASHINGTON — House Democrats unveiled a sweeping proposal Monday for tax hikes on big corporations and the wealthy to fund President Joe Biden’s [...]
Texas businesses take the fight over voting rights to Washington.
The Republican-controlled Texas Legislature this week passed a major bill overhauling election laws in the state, the latest of many to tighten voting [...]
'Meme' stock Robinhood jumps 10% in end to turbulent week
(Reuters) -Shares of Robinhood Markets Inc rallied 10% on Friday after a roller-coaster week that has made the online brokerage among the hottest [...]
Fed's Kashkari says many U.S. sectors struggling to adjust to reopening
Slideshow ( 2 images )(Reuters) – Minneapolis Federal Reserve President Neel Kashkari said many U.S. economic sectors faced rapidly rising prices and were [...]
Subscription platform ReCharge raises $277 million at $2.1 billion valuation
(Reuters) – ReCharge, a provider of subscription management software for e-commerce, said on Thursday it had raised $277 million bringing its valuation to [...]