Finance

Buying a house of ‘Home Alone’ or John Lennon fame? There’s a premium for that

An array of iconic homes are for sale — and buyers will almost certainly pay extra for that pedigree. However,…

Retail investors may be a step closer to investing in unicorns

An alternative trading platform CEO wants to revolutionize private equity investing to help mitigate a stalling initial public offering market.…

Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown

There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are…

Apollo’s co-president said it is one of the few private equity firms OK with higher rates

Back in December 2023, when the market was pricing in six or so rate cuts, Apollo Asset Management Co-President Scott…

Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt

A group of Credit Suisse bondholders filed a lawsuit against the Swiss government, seeking full compensation over the contentious decision…

Chinese electric car company Nio to enter Middle East this year amid global expansion by peers

BEIJING — Chinese electric car company Nio plans to expand to the Middle East this year, CEO William Li said…

China’s Alibaba is courting European and U.S. small businesses as it goes global

BEIJING — Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses…