On Tuesday morning, Boeing announced that it intended to make a $20 million investment into Virgin Galactic, the space tourism company founded by Richard Branson. Virgin Galactic is currently in the process of finalizing an $800 million deal to merge with …
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WeWork’s aborted IPO may come to mark the end of the current “unicorn” bubble the way the scuttled merger between Yahoo and eBay signaled the start of the dotcom crash in 2000. Having become CEO of Nasdaq in 2003, I saw up close the damage …
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Hedge fund investor Nelson Peltz has raked in a $1.7 billion profit on his stake in Procter & Gamble so far. That’s more than a 55% return on the initial $3.1 billion investment by his New York firm Trian Fund Management. The hedge fund is a top 5 investor …
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Stephen Lee, Tiffany Stecker, and Dead Scott reporting for Bloomberg, detailing how poor black neighborhoods will be mostly affected by the climate
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(Reuters) – Target Corp (TGT.N) on Tuesday announced a partnership with Tru Kids, the parent company of Toys ‘R’ Us brand, to power the toy retailer’s online business in the United States ahead of the holiday season. Under the partnership, consumers …
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