Dyal Capital, Owl Rock to Combine and Go Public Via a SPAC

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Dyal Capital, Owl Rock to Combine and Go Public Via a SPAC

It’s official. Dyal Capital Partners and Owl Rock Capital are combining and going public by merging with a special purpose acquisition company. Blue Owl Capital, the resulting entity, will list on the New York Stock Exchange. The complicated deal goes like …
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What The SEC Charging Ripple Means For Cryptocurrencies

The SEC has filed an action against Ripple Labs Inc. (the company behind the digital token XRP) with raising $1.3 billion in what it calls unregistered “digital asset securities”. While there was important short-term price movement across the board in terms of …
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Nuro can now operate and charge for autonomous delivery services in California

Autonomous delivery startup Nuro is allowed to launch commercial driverless services on public roads in California — the first company to clear this hurdle — after receiving a permit from the state’s Department of Motor Vehicles. Nuro, which was founded in …
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Saying Goodbye to US Trade Chief Lighthizer's Doctrine

… to the WTO (“You go to court and have them stop robbing your house and they start robbing your garage”) in his Bloomberg News interview.
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Clogged UK Port Reopens in Chaos as Truckers Await Covid Tests

Police officers speak with truck drivers at the Port of Dover, U.K., on Dec. 23. Photographer: Chris Ratcliffe/Bloomberg. France cut off shipments from the
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