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Market News

March 16, 2021
Apollo to Test Partial Remote Work as Vaccinations Increase
Apollo Global Management Inc. will test giving employees the option of working remotely two days a week through the end of the year, according to a...
March 16, 2021
Cathie Wood Fuels LendingClub Rally by Increasing ETF’s Stake
Cathie Wood is giving more fuel to the rally in LendingClub Corp.’s shares.
March 16, 2021
Florida Democrats Launch ‘Ron Be Gone’ to Oust Governor DeSantis
Florida Democrats have launched a fundraising vehicle that will fight to keep Republican Governor Ron DeSantis from winning re-election, partly to...
March 16, 2021
Evercore Co-CEO Wants Young Bankers Back in the Office by Summer
Evercore Inc. Co-Chief Executive Officer Ralph Schlosstein said he’s looking to have his staff back in the office as soon as possible, though there...
March 16, 2021
South African Lawmakers Back Preliminary Probe Into Graft Ombudsman
South Africa’s National Assembly agreed to conduct a preliminary assessment of the controversial anti-graft ombudsman’s fitness to hold office,...
March 16, 2021
Minneapolis Will Tap City Budget to Pay Record Floyd Settlement
Minneapolis will have to look beyond its insurance fund to pay out the $27 million settlement to George Floyd’s family over his killing by police...
March 16, 2021
Google Cuts App Store Fees in Half, Following Similar Apple Move
Alphabet Inc.’s Google is halving the percentage it takes from developers on app sales through its Google Play store, following a similar move by...
March 16, 2021
Five Months After First SPAC ETF, the De-SPAC Funds Are Coming
After an initial burst of new ETFs tracking special purpose acquisition companies, the next wave of products will offer ways to bet against them.
March 16, 2021
Biggest Banks Plan to Distribute Stimulus Payments on Wednesday
The biggest U.S. banks will start distributing stimulus money to eligible Americans on Wednesday morning, following some confusion over when the...
March 16, 2021
Norse Atlantic to Use Norwegian Air Planes With Fresh Paint Job
Norse Atlantic Airways is copying more than just the long-haul playbook of insolvent discounter Norwegian Air Shuttle ASA. It’s using the...