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.
WeWork to Go Public Via SPAC Merger in $9B Deal
The office-sharing startup is capitalizing on the SPAC boom following investor rejection of the IPO due to its losses.
GameStop Board to See Mass Departure
Chewy co-founder Ryan Cohen, who owns a 13% stake in the retailer through his RC Ventures, has been pushing for changes at the company.
GE Commits to Cutting Debt By 35% Within 3 Years
The U.S. industrial conglomerate provided more clarity on its debt plans to soothe investor nerves, sending shares up.
More Than Half Of Small Businesses Have Reopened: Survey
Forty-seven percent said reaching pre-pandemic gross revenues and total daily transactions would point to full recovery.
From Amazon Towards Microsoft — A Shift in the Cloud Arms Race
Microsoft could chip away further market share from Amazon cloud subsidiary Amazon Web Services.
SEC Cautions On Celebrity SPACs
“Celebrities, like anyone else, can be lured into participating in a risky investment or may be better able to sustain the risk of loss.”
Goldman Sachs Evaluates Bitcoin as Client Demand Rises
The bank is exploring how to own and invest in Bitcoin while making sure it is regulated.
Noodles & Company CFO Discusses Longer-Term Outlook
The fast food chain's finance chief says the company has a lot of opportunity on the top line.
Elizabeth Warren’s Wealth Tax: What You Should Know
Economists estimate the plan would generate about $3 trillion in tax revenue over a 10-year stretch.
Square Commences Operations as an Industrial Bank
The fintech company's CFO Amrita Ahuja said bringing banking capability in-house will enable the company to “operate more nimbly.”