SPAC

Healthcare

23andMe Gives Up on its Drug Development Dream

Photo by Mike Mozart via CC BY 2.0

A treasure trove of genetic data may hold the key to a revolution in drug development, but it offers no clues for building a business.

2 min read

Photo by Scott S via CC BY 2.0

Regulation

The SEC Is Finally Cracking Down on SPACs

Regulators voted in new rules aimed at protecting investors considering investing in the nontraditional setup.

1 min read

Photo by Ryan Brooklyn via Unsplash

Advisor Upside

Wall Street’s Hush-Hush Cash Sweeps Take Center Stage

High-profile lawsuits and SEC investigations over cash sweeps have taken the industry by storm.

2 min read
Photo by Dinkun Chen via CC BY-SA 4.0

Autos

Honda and Nissan Officially in Talks to Merge Into World’s Third-Largest Automaker

Spurred by “the rise of Chinese power,” Japanese automakers Honda and Nissan announced Monday that they are in talks to merge.

2 min read
Photo via LEGO

Consumer

Lego is Carrying the Toy Industry

The secret ingredients to Lego’s success? A clutch of licensing deals and finding ways to sell Lego sets to kids well over the age of 30.

2 min read

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