The governments campaign to reduce debt in sectors such as real estate has put many developers in a tight spot, sending high-yield bond prices tumbling.
Two of the most prominent digital load-matching startups say they are sticking with their plans to use their technology to grow organically, even as rival Uber Freight shifts gears with a big acquisition to speed up its path to profits.
The investing platforms shares dropped after an SEC filing indicated that early investors in the company will sell up to about 98 million shares, currently worth around $6.3 billion, over time.
The worlds largest investment funds are descending on Silicon Valley with unprecedented financial force, roiling the once-niche business of tech startup funding and crowding out traditional venture capitalists.
The ride-hailing giant has been in discussions about how it could resolve some of the problems that emerged after it listed on the NYSE on June 30, according to people familiar with the matter.
The popular trading app isnt the first to sell a piece of itself to its own customers. Investors who jumped on prior brokerage-firm IPOs often ended up shooting themselves in the foot.
Money managers world-wide funneled more than $900 billion into U.S. funds in the first half of 2021, a record in data going back to 1992.
Steve Carmichael most recently oversaw risk management at Discover Financial Services.
An additional after-tax contribution to your 401(k)now allowed in the plans of many large employers can grow tax free if its moved to a Roth account.
With the economic recovery under way, how much debt companies owe in the wake of the Covid-19 crisis is a crucial indicator for investorsif only they could agree on how to measure it.
Companies expect to reap millions of dollars in savings in the years ahead as they are scaling back on office space. However, some are paying for it in the short term.
Deal activity and public offerings in the advertising and marketing technology industry are rising as the sector gets a boost from a flush of available capital and companies looking for a share of a growing digital ad business.