News

Cryptocurrency exchange Coinbase will start trading April 14 after the Securities and Exchange Commission approved its direct listing, according to CNBC. Coinbase will be Nasdaq's first major direct listing. The...

The Chinese drug company Sinovac Biotech has doubled its annual capacity for the COVID-19 vaccine to 2 billion doses, according to Reuters. The additional capacity comes from its third production...

U.S. vehicle sales jumped 11.3% in the first quarter of 2021 as consumer demand continued amid chip shortages, the WSJ reported. Data from Wards Intelligence indicated that the annualized selling...

Endeavor Group Holdings has filed for an initial public offering with Elon Musk eyed to join its board, according to the company's filing. The entertainment group listed the offering size...

Family offices have been gaining traction with some 121 of these representing an estimated net worth of $142.4 billion last year, according to the WSJ. A report by UBS Securities...

U.S. President Joe Biden is expected to let his predecessor's ban on temporary foreign workers lapse on Wednesday, according to Reuters. Former President Donald Trump banned temporary foreign workers in...

The U.S. National Labor Relations Board will start reviewing votes on whether to form a union at Amazon.com Inc.'s Alabama center on Tuesday, according to Reuters. An agent said the...

Facebook's planned Instagram-like application for children under 13 could bring about handsome payouts from an improved ad-targeting ability, according to a report by The Wall Street Journal. Facebook recently confirmed...

UBS estimates around $140 trillion in investments on decarbonizing the world's energy supply by 2050, according to CNBC. UBS notes that at least 55% of the world's energy consumption should...

Citi analyst Mark Li upgraded GSX Techedu to ‘buy’ from ‘sell’ with a price target of $56, down from $66, according to The Fly. The upgrade follows a 42% share...

Nomura Holdings Inc. and Credit Suisse Group AG posted double-digit drops on Monday due to exposure to wrong-way bets by Archegos Capital Management, according to Bloomberg. Nomura shares tumbled by...

Online finance start-up SoFi is allowing amateur investors to buy into companies as they go public, according to CNBC. SoFi will act as underwriter in the deals. It will allow...