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Market News
October 4, 2021
Facebook Says U.S. Monopoly Case Tainted by FTC Chair’s Vote
Facebook Inc. asked a federal court to throw out the U.S. government’s revised monopoly lawsuit against the company, arguing the chair of the...
October 4, 2021
Loan on Land Under Troubled Times Square Hotel Pitched for Sale
A $150 million loan is up for sale on the land beneath the beleaguered Times Square Edition, a luxury hotel and retail property once valued at more...
October 4, 2021
Supreme Court Returns With Skeletal Audience, Piped-in Questions
The U.S. Supreme Court heard arguments in person for the first time in 19 months, kicking off a new term as never before, in a quarter-filled...
October 4, 2021
Sberbank Joins $100 Billion Club, Boosted by Booming Mortages
Sberbank is benefiting from high interest rates and a mortgage boom that’s helped push the market capitalization of Russia’s largest lender back...
October 4, 2021
SALT-Cap Relief Faces Rollback as Democrats Eye Less Spending
Democrats risk settling for a less generous expansion of the state and local tax deduction than previously hoped after President Joe Biden conceded...
October 4, 2021
AMLO Presses Opposition to Back Mexico’s Nationalist Power Bill
Mexican President Andres Manuel Lopez Obrador called on opposition parties to vote in favor of a nationalist bill that would return control of the...
October 4, 2021
October’s Historic Volatility on Display With Stocks Whipsawed
With September living up to its reputation as the worst month for stocks, investors entered October hoping for a rebound. Instead, they’re getting...
October 4, 2021
GlobalFoundries Files for IPO in Bid to Capitalize on Chip Boom
GlobalFoundries Inc. filed for an initial public offering as investors pour money into semiconductor makers amid a pandemic-induced chip shortage.
October 4, 2021
Tinder Rolls Out In-App Currency to Encourage Real Spending
Tinder is rolling out a virtual currency to encourage users to spend more time swiping, scrolling and eventually spending real money on the most...
October 4, 2021