Apple Inc., fresh off upbeat quarterly results tied to robust iPhone sales, rolled out a four-part bond deal on Monday to raise new debt. The new deal from Apple AAPL, Read more
Tag: Corporate Funding
Two years after the airline bailout, what are consumers getting?
When the 2008 financial crisis roiled banks, the federal government jumped in with an enormous bailout effort. Two years later, Congress slapped the industry with a sweeping set of reforms Read more
SPAC Foresight Acquisition Corp. II files to withdraw IPO
Blank-check company Foresight Acquisition Corp. II on Thursday filed to withdraw its initial public offering with the U.S. Securities and Exchange Commission. The company said it has “abandoned the initial Read more
Instacart plans to go public before year’s end, despite a frozen IPO market
Instacart Inc. expects to go public before year’s end, according to people familiar with the matter, earlier than many on Wall Street had expected amid a frozen market for new Read more
Opinion: Ron DeSantis ramps up attack on ‘woke capital’
Florida’s Republican governor and likely presidential candidate Ron DeSantis says he is going to stop the state’s $240 billion pension fund from investing in stocks based on so-called “ESG” measures, Read more
Shell profits hit Q2 record, announces $6 billion buyback
Shell PLC SHEL, +0.99% on Thursday reported a jump in its profits to a record high in the second quarter and announced a share buyback of $6 billion while keeping Read more
Best Buy adds to retailer woes, cutting outlook as end of PC boom takes its toll
The end of a boom in personal-computer sales is landing on Best Buy Inc.’s financial statements. The electronics retailer warned investors Wednesday afternoon that it will not hit financial targets Read more
3M’s $1 billion fund for resolving veterans’ earplugs litigation not enough, says law professor
3M Co.’s $1 billion fund to resolve earplugs lawsuits will not be enough given the vast scale of the litigation that company is facing, according to Professor Carl Tobias of Read more
Nearly 25% of first-time homebuyers open a new credit card when they close on a home. Why that could be a really bad idea.
Nearly a quarter of first-time homebuyers are opening new cards within six months of buying a home, according to a new study. The study by Realtor.com and Experian, which was Read more
Cannabis SPAC Choice Consolidation returns money to shareholders
The CEO of SPAC Choice Consolidation Corp. said a decision by the special purpose acquisition company to return money it raised in 2021 in its initial public offering represents the Read more