Business

Excitement over the ‘Coinbase effect’ is spilling over ahead of its stock market debut

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A new crypto token listing on Coinbase generates a reliable price bump. Coinbase’s stock listing is doing the same for all things crypto. Read More

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Meet with the Federal leaders That stand to lose by a Biden Success

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If Donald Trump is pressured in the White House in the November election, then he will not be the sole loser. Although many authorities would probably celebrate the conclusion of the very unconventional and occasionally disorderly U.S. presidency of modern times, others are going to have reason to overlook it. For those leaders of Turkey, […]
Business COVID 19

Exxon and Chevron CEOs reportedly discussed a mega merger last year

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The chief executive officers of Exxon Mobil Corp. and Chevron Corp. spoke last year about combining the two largest U.S. oil companies, Dow Jones reported, citing people familiar with the talks. Chevron’s Mike Wirth and Exxon’s Darren Woods spoke as the Covid-19 outbreak hurt oil and gas demand, adding financial strain to both companies, Dow […]
Business

Wall Street wins again: Affirm IPO leaves $1.23 billion (at least) on the table

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Here we go again. You’d think that proliferation of direct listings and SPACs last year that enable founders, venture capitalists and big investors to take enterprises public their way would be loosening Wall Street’s grip on the IPOs––a longstanding bonanza for investment banks. But in 2020, 194 tradtional IPOs, the highest total since 2014, got […]