Wall Street

Bill Ackman’s IPO of Pershing Square closed-end fund is delayed, NYSE says

Billionaire investor Bill Ackman is delaying the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice…

Why the new spot ether ETFs may ‘be a hit’ despite recent weakness

It’s a historic week for the cryptocurrency markets with spot ether exchange-traded funds making their debut. Franklin Templeton is one…

Berkshire Hathaway dumps $2.3 billion of Bank of America shares in a 6-day sale

Berkshire Hathaway dumped more Bank of America shares this week, making it six straight trading days that Warren Buffett’s conglomerate…

Harris’ Wall Street allies strategize on private call, Rubin, Lasry, Wolf among them

Vice President Kamala Harris’ allies on Wall Street huddled on a private Zoom call Wednesday to strategize how to defeat…

Warren Buffett’s Berkshire trims Bank of America stake for the first time since 2019 after strong rally

Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in 4½ years following the bank’s strong…