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 Hapabapa via iStock

Consumer

Amazon, Starbucks Both Hit with Holiday Strikes

Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.

2 min read
Photo by Martin Ceralde on Unsplash

Markets

Stock Buybacks are the Ultimate Gift for Companies in Record Year

This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.

2 min read
Photo by Brusk Dede via Unsplash

Industries

CEO Departures Have Reached a Record High with Almost 2,000

In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.

1 min read

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