Stripe’s plan to raise billions at a lower valuation underlines the challenges facing start-ups seeking money as the market for initial public offerings stays shut.
Category: internal-storyline-no
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Adani Loses Billions After Attack by a Short Seller, Hindenburg Research
The Adani Group, the Indian conglomerate run by Asia’s wealthiest man, has gone on the offensive to fight fraud allegations by an American investor.
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Elon Musk Meets With House Speaker Kevin McCarthy
Elon Musk, the billionaire owner of Twitter, met with House Speaker Kevin McCarthy, stoking speculation about what the two had discussed.
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Tesla Bulls Take Heart From Strong Profits
Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
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A Short Seller, Hindenburg Research, Bets Against Adani Group
Hindenburg Research accused the Adani Group of orchestrating the “largest con in corporate history,” sending shares of its companies tumbling on Wednesday.
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Senators Will Prod Live Nation and Ticketmaster on Antitrust
The company’s grip on ticket sales, and its move last year to cancel sales for Taylor Swift’s upcoming tour, will be a big focus of an antitrust-focused hearing.
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Elliott Management, Activist Investor, Buys a Stake in Salesforce
Elliott Management, the $55 billion hedge fund, has taken a big stake in the struggling tech giant, putting more pressure on its co-founder, Marc Benioff.
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Who wants to live forever?
Countries and companies are facing an aging crisis, and experts say policymakers and business leaders need to rethink how they deal with older workers.
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Davos Worries About a ‘Polycrisis’
So many global troubles have arisen that the political and business leaders at the World Economic Forum in Switzerland have adopted a buzzword to capture the moment.
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The S.E.C.’s Crypto Crackdown Intensifies
The agency has charged the crypto trading firms Genesis Global Capital and Gemini with operating an illegal lending service that lost customers millions.
