Looser regulations might be leading Swedish buy-now-pay-later firm Klarna to choose the US over the UK to host its IPO.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Shareholders of Klarna ousted a board member closely affiliated with one of its feuding founders in advance of its IPO.
Klarna, which is planning a US public debut as soon as early 2025, announced stellar first-half results for 2024.
Victor Jacobsson has been buying shares through special purpose vehicles as its top VC sponsor debates the impact.
Many people are using buy now, pay later (BNPL) options to circumvent more rigid aspects of credit cards, The Wall Street Journal reported.
In a 2023 Gallup survey, 62% of American adults under 35 said they drink alcohol, down from 72% twenty years earlier.
The odds of an increase in regulation of the massive, and growing, sports-betting industry may be shifting.
Traditionally, New Year’s resolutions to lose weight involve getting to the gym more. In a post-GLP-1 world, that’s looking less necessary.