Finance
-
Pimco denies employees’ sexual harassment and discrimination claims in response to lawsuit
Pimco filed a legal response late Wednesday to a recent lawsuit brought by female employees. The firm said it denies female employees’...
-
Media veterans like Joanna Coles and Greg Coleman are betting big on SPACs. Here are 12 media-focused blank-check companies to watch.
Northern Star Investment Corp III and IV Joanna Coles Frederick M. Brown/Getty IPO Price: $300 million and $300 million Northern Star Investment...
-
557Tech billionaire Mark Cuban praised Dogecoin, trumpeted DeFi and NFTs, and dismissed bitcoin as an inflation hedge in a recent interview. Here are the 21 best quotes.
Mark Cuban. Lucy Nicholson/Reuters Mark Cuban championed Dogecoin and blockchain in an interview this week. The “Shark Tank” star argued bitcoin isn’t...
-
503Payment for order flow models “undermine the relationship between the broker and their client,” Duke Law professor tells Congress (GME)
Vlad Tenev, co-founder and co-CEO of investing app Robinhood. REUTERS/Brendan McDermid Duke Law Professor Gina-Gail S. Fletcher appeared in a hearing with...
-
BuzzFeed in talks to go public through merger with 890 5th Avenue, a SPAC focused on media and telecom
BuzzFeed is in talks to go public via a merger with 890 5th Avenue, Bloomberg reported Wednesday. 890 5th Avenue is a...
-
Despite GameStop’s stock boom, the company is still struggling — take a look inside Ryan Cohen’s ambitious plan to ‘transform’ the retailer into the Amazon of gaming (GME)
2. He wants to reshape the company’s leadership, and has already begun doing just that. Former GameStop CFO Jim Bell was ousted...
-
504The SEC warns investors of buying celebrity-backed SPACs as the blank-check craze persists
Brian Snyder/Reuters; Michael Loccisano/Getty Images; Samantha Lee/Insider The SEC is “taking a hard look at the disclosures and other structural issues surrounding...
-
531GameStop stock surges 19% as retail investors pile into meme stocks again
Reuters GameStop shares rose as much as 19% on Wednesday. The video-game retailer’s stock price has surged more than 550% in recent...
-
Why SoFi’s bank buy might rewrite the bank charter playbook for fintechs
SoFi’s acquisition puts it on the verge of becoming a full-fledged bank And its decision to acquire a small community bank instead...
-
Roblox’s big day is finally here — Chamath backs new fintech — BlackRock outlines D&I plans
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: Everything you need to know...