Corporations

Donald Trump's Truth Social Stock Skyrockets on Its First Day of Trading on Nasdaq

Donald Trump's social media firm, Truth Social, saw its stock surge about 16% on its first day of trading on the Nasdaq.


Tinder's Match Group Welcomes New Directors to Board Following Deal with Investor Elliott

Match Group, the parent company of Tinder and Hinge, adds two new directors after discussions with activist investor Elliott...

Warren Buffett-Led Berkshire Hathaway Raises Pay for the 93-Year-Old Billionaire's Successor Greg Abel to $20 Million

The Warren Buffett-led conglomerate Berkshire Hathaway has increased the pay of Greg Abel, the 93-year-old billionaire's designated successor, to $20 million...

Investors Led by Ex-Trump Official Invest $1 Billion to Troubled US Bank

Steven Mnuchin, the US Treasury Secretary under former president Donald Trump, has invested in a troubled regional US bank...


Latest News

Top Alibaba executives, investors may expand board after IPO: filing
A group of 27 top executives and investors in Alibaba Group Holding Ltd, including co-founder Jack Ma, can appoint another two directors to the company's board once it goes public, according to a U.S.
Private equity buyouts in Asia take old risks with new money
A little over a month ago, a Texas power utility at the centre of the biggest leveraged buyout in history filed for bankruptcy, sunk by billions of dollars of debt that it took on after being acquired
Exclusive: SoftBank Capital closes in on financing round with Kony - sources
SoftBank Corp's venture capital arm is close to securing an investment in enterprise mobile company Kony Inc, and could announce a deal as soon as Tuesday, people close to the matter said.
Moody's: EMEA high-yield market remains set for another record year, as private equity IPOs continue
With high-yield bond issuance of USD13.8 billion in May, and cumulative issuance reaching USD70 billion, 2014 looks well placed to set another issuance record according to Moody's
China Mobile set to buy stake in Thailand's True Corp: sources
State-owned China Mobile Ltd is poised to buy an 18 percent stake in Thai telecoms group True Corp valued at around $581 million, people familiar with the matter said, in Thailand's first major corpor
Alibaba buys half of Chinese soccer club for $192 million
In a speedy deal hatched over a few drinks, China's biggest e-commerce company Alibaba is buying half of the country's most successful soccer club Guangzhou Evergrande for $192 million.
Twitter acquires mobile advertising startup Namo Media
Twitter Inc said Wednesday it will acquire Namo Media, a technology firm specializing in "native advertising" for mobile devices.
Twitter in talks to buy online music firm SoundCloud: FT
Microblogging platform Twitter Inc has been in talks with Berlin-based audio sharing website SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing peopl
Facebook acquires mobile data plan firm Pryte
Facebook Inc is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in under-developed parts of the world to use wireless Internet apps.
Transeastern Power Trust Announces Closing of Initial Public Offering of Units and Convertible Unsecured Subordinated Debentures
Transeastern Power Trust ("Transeastern" or the "Trust") is pleased to announce it has closed its initial public offering (the "Offering") of 11,045,800 units of the Trust (the "Units") at a price of
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