Finance
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328JPMorgan’s 4th-quarter earnings smash forecasts as trading revenues soar
JPMorgan CEO Jamie Dimon Getty Images JPMorgan reported fourth-quarter earnings on Friday. The banking giant posted a 42% rise in net income,...
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Bill Gates now owns 242,000 acres of farmland, making him America’s biggest private farmland owner, according to a new report
Bill Gates owns more private farmland in the US than anyone else, new research suggests. His 242,000 acres of farmland stretches across...
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Morgan Stanley just promoted 171 people to managing director. Here’s a breakdown of the latest class.
Morgan Stanley has promoted 171 individuals to the rank of managing director, the firm’s most senior designation under the C-suite, a person...
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How a Harvard Law grad got 186,000 TikTok followers by teaching aspiring lawyers about landing a job at a big firm
Cecillia Xie, a privacy and data security associate at the law firm Morrison & Foerster, posted her first TikTok in April about...
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Vista Equity Partners is folding alt-data shop 7Park into another one of its portfolio companies just 2 years after buying it for $100 million
7Park Data, which Vista Equity Partners bought for $100 million, is shuttering as a standalone alt-data business and being absorbed into Vista-owned...
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364Virgin Galactic rockets up 18% after Tesla investor Ark reveals it will launch a space-themed ETF
Virgin Galactic co-founder Sir Richard Branson, CEO George Whitesides, and Social Capital CEO Chamath Palihapitiya pose together outside of the New York...
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Visa exits $5.3 billion Plaid buy, leaving data-sharing standards up to regulators
Visa-Plaid deal is a no-go, dimming prospects of data-sharing unification. The DOJ’s antitrust lawsuit against the deal spurred Visa’s decision, highlighting the...
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309‘Shark Tank’ star Mark Cuban compares the Bitcoin boom to the dot-com bubble, warning many cryptocurrencies won’t survive the coming crash
Steve Jennings/Getty Images Mark Cuban compared the cryptocurrency boom to the dot-com bubble, recommended buyers hedge their bets, and warned them about...
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282Warren Buffett’s Berkshire Hathaway scores $1.5 billion gain on GM stock in under 4 months
Warren Buffett Kevin Lamarque/Reuters Warren Buffett’s Berkshire Hathaway has likely scored a 70% gain on its General Motors bet in under four...
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Stadiums have been empty. Here’s why Sixth Street is making a big bet on Legends, the company behind the New York Yankees and Dallas Cowboys luxury suites.
Sixth Street, a $50 billion global investment firm, made a majority investment in Legends, the hospitality management company launched by the owners...