Category: Capital

December 9, 2021

Company founders and leaders are unloading their stock at historic levels, with some selling shares in their businesses for the first time in years, amid soaring market valuations and ahead of possible changes in U.S. and some state tax laws. […]

November 24, 2021

Third Point, the hedge fund of billionaire investor Daniel Loeb, scored a $300 million gain from electric-vehicle startup Rivian’s blockbuster IPO earlier this month, according to the Financial Times. The FT reported that Third Point, which has $20 billion under […]

October 29, 2021

Real estate services company Cushman & Wakefield (NYSE:CWK) said on Friday it had invested $150 million in WeWork Inc, days after the office-sharing firm started trading on the New York Stock Exchange following a merger with a blank-check company. As […]

September 30, 2021

Homeville, a fintech start-up that facilitates housing credit, including down payment assistance, has raised $7 million from a clutch of investors including 9Unicorns, Varanium NexGen Fund, JITO Angel Network, CREDAI Members Network, Blacksoil and Earlsfield Capital. The venture, which provides […]

September 16, 2021

Sky News has learnt that Medivet is being sold by Inflexion Private Equity to CVC in a deal worth more than £1bn. Medivet, which operates around 300 branches and more than 20 round-the-clock clinics across the UK, has been part-owned […]

August 31, 2021

Google said Tuesday that it is investing 1 billion euros ($1.2 billion) by 2030 to expand its cloud computing infrastructure in Germany and to increase the use of renewable energy. The internet giant said it plans to add new cloud […]

July 22, 2021

Shares of private-equity fund Blackstone Group Inc. (BX) – Get Report shares were rising Thursday after the company reported second-quarter earnings that topped estimates and the firm saw record appreciation in the value of its investments. The New York-based company […]

June 22, 2021

If you are waiting to hear about more price increases from your favorite companies, don’t hold your breath. Instead, their CEOs are spewing jargon like: “We are engaging in holistic margin management” and “net price realization.” I kid you not. […]

June 7, 2021

US consumers reported $52.6 million in losses from crypto scams to the Federal Trade Commission (FTC) in the first quarter of this year. The figures represent a roughly 80% increase from the fourth quarter of 2020 when consumers reported $29.3 […]

May 19, 2021

On-demand payment fintech, DailyPay raised $175 million from investors this week while the banking payments fintech Amount landed nearly $100 million, they said in press releases. The investments underscore how the industry has become a magnet for money. New York-based […]

April 22, 2021

Thistle Technologies, a new security company addressing the connected device market, today announced $2.5 million in seed funding from True Ventures. Thistle was founded by Window Snyder, who formerly served as chief security officer at Square, Mozilla, and Fastly, in […]

March 19, 2021

It took the SPAC market just three months to outdo its record-breaking 2020, but sustaining that level of jaw-dropping growth will be no easy task. The funds raised via U.S. special purpose acquisition companies have totaled $87.9 billion so far […]

March 15, 2021

Billionaire investor Bill Ackman said Monday he donated his entire stake in Coupang — worth more than $1 billion — to charity following the South Korean e-commerce company’s IPO last week. Ackman, who runs the Pershing Square Capital Management hedge […]

March 4, 2021

Billionaire investor Ron Baron sold 1.8 million shares of Tesla for clients since August despite believing the stock will increase to $2,000 over the next 10 years. Baron, a longstanding Tesla shareholder, told CNBC’s “Squawk Box” on Thursday that his […]

March 3, 2021

Tuesday’s dramatic and abnormal spike in the stock of Rocket Companies created a major windfall for founder Dan Gilbert, at least on paper. Shares of Rocket, where Gilbert is the majority shareholder, jumped more than 70% on Tuesday, adding $17.30 […]

February 25, 2021

More and more wealthy art collectors are cashing in on low interest rates to borrow against their Picassos and Basquiats, adding to risks of a leveraged boom and bust in the art market. The Fine Art Group, an art advisory […]

February 24, 2021

The 49-year-old business magnate has now fallen to second place on the Bloomberg Billionaires Index of the world’s 500 richest people with a net worth of $183.4bn (£129bn) – a significant drop from a peak of $210bn (£148bn) in January. […]

January 26, 2021

“Tax the rich” policies being weighed in some statehouses to cover Covid-era budget shortfalls may make more sense in the current economy. Inequality has been a hallmark of the pandemic recovery, marked by job loss for those at the bottom […]

January 5, 2021

Jefferies Financial Group (JEF) – Get Report shares rose on Tuesday after the financial-services company reported a 79% surge in fourth-quarter net income per share and boosted its stock-buyback plans. Shares of the New York investment bank at last check […]

January 4, 2021

The marriage of carmakers PSA Peugeot and Fiat Chrysler Automobiles is built on the promise of cost-savings in the capital-hungry industry, but what remains to be seen is if it will be able to preserve jobs and heritage brands in […]