What Gary Gensler’s Confirmation As SEC Chair Means For Crypto
He will be the first cryptocurrency policy and blockchain technology expert to take the reins at the SEC.
The Global Chip Shortage: Worst-Hit Industries
Chip suppliers, which trimmed down chip production for autos and in turn stepped up supplies to consumer electronics, are now pressured from all quarters.
Coinbase Shares Hit $100B Valuation on Debut
The cryptocurrency exchange's buoyancy is tied to the crypto frenzy, as most cryptocurrencies are seeing irrational exuberance.
SEC Could Reclassify SPAC Warrants And Hold Up New Filings: Report
Warrants could soon be considered liabilities instead of equity for accounting purposes.
Delek Pushes Back At Carl Icahn Proxy Contest
“Delek desperately needs new strategic direction,” according to the CEO of competitor CVR Energy.
Alibaba’s Ant Group to Become a Financial Holding Company
The development comes after regulators imposed a $2.8-billion fine on Alibaba for violating anti-monopoly law.
JP Morgan’s Jamie Dimon Says Economic Boom Could Continue Into 2023
"Acquisitions are in our future, and fintech is an area where some of that cash could be put to work," said the JP Morgan chairman.
Credit Suisse Rearranges C-Suite
“The significant loss in our prime services business relating to the failure of a U.S.-based hedge fund is unacceptable.”
Biden Infrastructure Plan Includes Tax Increases
One of the main priorities of the tax part of the plan is raising the corporate rate to 28% from 21%, a partial reversal of Donald Trump’s 2017 tax cut.
Chip Supply Shortage Will Last Through 2022: Foxconn
The electronics manufacturer supplies big-name tech companies such as Apple, Alphabet, Amazon, and Microsoft.
Cazoo to Go Public in $7B SPAC Deal
The U.K. used-car seller will list on the NYSE by merging with blank check company Ajax.