Funds

Investments

Bill Ackman’s Pershing USA Officially Slashes IPO Fundraising Target to $2 Billion

Photo by Senate Democrats via CC BY 2.0

Ackman’s Pershing Square Capital Management announced that its planned IPO for a US closed-end fund will raise $2 billion.

2 min read

Photo via BYD

Electric Vehicles

BYD Has Blockbuster Year While Tesla Stalls

Despite China’s overall economy coming down with a bad cold last year, its EV players are upstaging the world’s most valuable auto company.

2 min read
Photo by Albin Berlin via Pexels

International Economics

Increased Geopolitical Tensions Are Taking a Toll on Global Companies

With military conflict continuing across the globe, and the world’s superpowers locked in a stare-down, it’s not easy being a global business

2 min read
Photo by Tyler Lastovich via Pexels

Big Tech

Apple Settles Siri Privacy Lawsuit for $95 Million

Apple — admitting no wrongdoing — has agreed to settle a class-action lawsuit that alleged Siri recorded users’ private conversations.

2 min read

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