Bill Ackman shutting SPAC, will return $4 billion to shareholders
admin Special purpose acquisition company Pershing Square Tontine Holdings Ltd. PSTH, -0.05% said Monday it will…
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Twitter: Elon Musk’s attempt to terminate deal ‘is invalid and wrongful’
Twitter Inc.’s lawyers called Elon Musk’s attempt to terminate his $44 billion acquisition of the…
Read MoreGap CEO Sonia Syngal to step down
Gap Inc. said late Monday Chief Executive Sonia Syngal will step down after “a brief…
Read MoreWhat big Wall Street banks say about where the S&P 500 will end 2022
The stock market has steadied at midyear, but after a historically ugly six months that…
Read MoreTwitter has more to worry about than Elon Musk
Elon Musk might not be Twitter Inc.’s biggest concern. Ad-reliant tech stocks, led by a…
Read MoreBroadcom loses top software exec in the middle of VMware deal
Broadcom Inc.’s head of software Tom Krause is leaving the company in the middle of…
Read MoreAmazon Prime Day will be huge for deal seekers hoping to score a discount amid soaring inflation
Amazon.com Inc.’s Prime Day shopping bonanza will arrive this year at a good time for…
Read MoreWill Coinbase go bankrupt? Crypto CEO says there is ‘no risk of bankruptcy’
““We have no risk of bankruptcy.”” That’s a quote from Brian Armstrong, chief executive and…
Read MoreFrontier Asks Spirit Airlines to Further Delay Shareholder Vote on Deal
Frontier Group Holdings Inc. ULCC, -1.67% said it still needs more time to garner support…
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Redfin stock dives after downgrade by long-time bull, downbeat home-buying deals data
Shares of Redfin Corp. took a dive Monday, after Wedbush backed away from its long-time…
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