Narrowing an IPO loophole may be Beijing’s latest effort to wean firms off foreign capital—even if it sacrifices future growth

Robinhood’s monster rally cools off as global stocks and Bitcoin gain ground

U.S. futures have been trading higher throughout the morning, following Europe’s lead. Read More

Investors are starting to demand better of the companies they own

In 1970, Milton Friedman wrote an op-ed that would embolden investors and enrage activists for decades. Its title: “The social responsibility of business is to increase its profits.” Despite insistence from many that his doctrine is dead, Friedman acolytes still count at least one powerful ally: the U.S. Labor Department. In a new rule to […]

Facebook-backed Libra Institution changes its Title into Diem

Libra Association, that a cryptocurrency job initiated by Facebook that attracted regulatory blowback globally, is expecting that a new name provides a new opportunity to win more than authorities and get a foothold in the emerging marketplace. The team will then be called Diem Association, known for the term”day” from Latin, using its subsidiary Diem […]