Bill Ackman selling stake in Pershing Square at $10.5 billion valuation, aiming for IPO one day
Billionaire investor Bill Ackman is selling a 10% stake in Pershing Square, aiming to eventually take his investment firm public.…
Jim Chanos calls suit accusing him of embezzling funds ‘baseless and defamatory’
Famed short seller Jim Chanos called a lawsuit accusing him of embezzling funds for personal use, “false, baseless and defamatory.”…
Clean Energy Ventures raises $305 million to back early-stage climate startups
Clean energy stocks may be underperforming in the public market. But there is still a great appetite for companies focused…
Stock trade settlement moves to single day as GameStop mania underscores need for faster transactions
Years of work on Wall Street to pick up the pace of trading will be put to the test this…
Wall Street ponders what happens to booming private credit market when you-know-what hits the fan
The explosion of private credit has been met with a whole host of concerns, but among the louder ones more…
