Business News

The Ever Given has been stuck across the Suez Canal since Tuesday. Even though it's now closer to being free, other ships can't pass through.

The Suez Canal blockage is not the first accident for the big boat, and winds were also named as the cause in the 2019 incident.

"When the facts come out, my sense is the Bill Hwang blow up will be the most spectacular personal loss of wealth in history," Novogratz said.

Palantir stock has declined by about 40% from its February highs, currently trading at around $22 per share. The decline is driven in part by the broader sell-off in high growth stocks, mixed December quarter earnings, a...

ViacomCBS and Discovery stocks fall, as ex-Tiger Asia founder Bill Hwang's firm takes losses.

Four strategies to stay focused on the future when you have to prioritize the present.

News Corp is nearing an agreement to purchase the consumer arm of educational publisher Houghton Mifflin Harcourt Co., according to people familiar with the matter, which would mark the media company's second deal in les...

Meet Manhattan's new commercial-boom corridor: Broadway from East 26th Street to West 34th. The increasingly vibrant stretch spans four micro-markets typically regarded as distinct: Nomad, Koreatown, Greeley Square and H...

A forced hedge fund liquidation that started last week hit global investment banks Credit Suisse and Nomura on Monday after they warned of financial troubles as a result of the blowup. Nomura shares fell a record 16 perc...

Approximately two years after expanding its agency roster, social media behemoth Facebook is reviewing its global media buying and planning across all of its properties. It's unclear if Facebook has previously reviewed i...

An increased minimum wage would lift hundreds of thousands of people out of poverty and give them better access to nutrition and health services.

The S&P 500 index touched a record high on Friday for the 15th time this year, but stock market futures are pointing to a much more muted start to the trading week.

The Serum Institute of India says the jointly developed Covovax has an overall efficacy of 89%.

A margin call on Archegos Capital Management battered stocks and banking giants alike.

Volkswagen outlined a series of steps to accelerate its transition to electric vehicles, targeting market leadership by 2025, challenging EV bellwether Tesla. VW Group common stock has gained almost 20% since the announc...

Louise Linton moved to LA determined to make it in the movies - with Stormchaser Films, that is exactly what she is doing

With investors chasing young companies, it is a dream scenario for blank-check firms. Understanding the quirky financial concoctions will help investors know what is coming next.

Bill Hwang's investment firm had $30 billion in bets on major stocks that unraveled last week.

Fordham is "ironing out" details to name Villanova assistant Kyle Neptune its new head men's basketball, a source said.

Maplestory and Kart Rider maker Nexon has invested $874 million in Hasbro, Bandai Namco, Konami, and Sega Sammy.

Such Ulips will need to meet minimum equity holding caps to be treated on par with equity MFs when it comes to capital gains tax

The surest, safest way for us to double our money in the stock market is to buy the payouts that are growing the fastest.