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Market News

March 10, 2021
Gupta’s GFG Alliance Hires PJT, Alvarez & Marsal to Advise on Fixing Finances
Sanjeev Gupta’s GFG Alliance has hired PJT Partners Inc. and Alvarez & Marsal Inc. as advisers to help it secure its future following the...
March 10, 2021
U.K. Coronavirus Variant More Deadly, New Study Confirms
The Covid-19 variant first identified in the U.K. is more deadly than the original strain, according to a new study that confirms findings reported...
March 10, 2021
SEC Warns Investors About Buying SPACs Endorsed by Celebrities
Beware of celebrities hyping SPACs.
March 10, 2021
U.S. Commander Skeptical on North Korea’s Claim of New Missile
The U.S. commander for Korea said there’s a “significant gap” between North Korea showing off a new submarine-launched intercontinental...
March 10, 2021
LA Mansion Once Set for $500 Million Price Tag Is in Default
A massive Los Angeles hilltop mansion with an asking price once touted at $500 million now faces a notice of default.
March 10, 2021
UnitedHealth’s New CEO Sees Better Blending of Key Units Ahead
UnitedHealth Group Inc.’s new leader sees plenty of room for growth ahead by better coordinating the company’s widespread health-care units,...
March 10, 2021
Reddit Plays Soar as Earnings Give Fundamental Boost to Rallies
Earnings for a handful of meme stocks are delivering a fundamental boost to companies that have been riding the wave of Reddit-inspired retail...
March 10, 2021
Another Ukrainian Central Banker Speaks Out on Governance Fears
A deputy head of Ukraine’s central bank said reforms had damaged governance and threatened independence at the institution, adding to similar...
March 10, 2021
A New ETF Named FOMO Targets Everything From SPACs to Volatility
A new ETF wants to tap into the fear of missing out among investors desperately chasing the everything rally.
March 10, 2021
‘Slam Dunk’ Bitcoin Arbitrage Fizzles for Biggest Crypto Fund
One of the most popular arbitrage trades in cryptocurrencies is unraveling as the biggest Bitcoin fund’s once-hefty premium collapses.