Warner Bros. Discovery became the latest media giant hit by the rise of cord-cutting and streaming to announce a restructuring, with plans to split its TV business from its streaming and film studios.
(Bloomberg) -- Buyout groups have been sitting on holdings built up as markets slumped after the pandemic. Now they’re helping fuel a bounce in Europe’s capital markets as they look to offload the backlog.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamInitial public offerings and selldowns
Portal Ventures wrote the lead check in Uranium Digital's $1.7 million round.
Kroger shares rose Thursday morning after the grocery chain laid out its plans for the future now that its proposed merger with Albertsons has been called off, including a new $7.5 billion stock buyback plan.
On Thursday, Trevi Therapeutics, Inc. (NASDAQ:TRVI) announced the outcome from the planned sample size re-estimation (SSRE) for the ongoing Phase 2b CORAL trial in idiopathic pulmonary fibrosis (IPF) patients with chronic cough, which requires no change to the current sample size for the trial (N=160). The CORAL trial is a double-blind, randomized, placebo-controlled, parallel-arm trial evaluating three doses of Haduvio (27mg, 54mg, and 108mg twice daily) compared to placebo in IPF patients with
The Nasdaq Composite is up 33.5% this year, while the Ark Innovation ETF has returned 18.03%.
Adobe downgraded, Charter upgraded: Wall Street's top analyst calls
ServiceTitan sold shares in an initial public offering at $71 each, more than anticipated.
An appeals court in Louisiana has ruled that Nasdaq can't require diversity on the boards of companies that list on the exchange. The decision comes more than three years after the Securities and Exchange Commission approved Nasdaq’s proposal to boost the number of women, racial minorities and LGBTQ people on U.S. corporate boards. The proposed policy — which was to be the first of its kind for a U.S. securities exchange — would have required most of the nearly 3,000 companies listed on Nasdaq to have at least one woman on their board of directors, along with one person from a racial minority or who identifies as gay, lesbian, bisexual, transgender or queer.
(Bloomberg) -- Oddo BHF SCA is working on a euro-denominated stablecoin, people familiar with the matter said, an initiative that would bring it into an increasingly crowded market. Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamThe Paris-based financial group has been working with crypto
