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Carnival Reports $2 Billion Quarterly Loss

Carnival reports $2 billion quarterly loss. This is due to COVID-19 pandemic restrictions on the cruising industry, which has decimated Carnival and...

RedBird Invests in Fenway Sports Group

RedBird invests in Fenway Sports Group (FSG). The private investment company is doing this along with NBA star LeBron James. This deal...

LA Dodgers Owner Files for IPO Through SPAC

LA Dodgers owner, Todd Boehly, has filed a $500 million IPO through a third SPAC. The SPAC, Horizon Acquisition Corp III, is...

UiPath Records Growth, Files For IPO

UiPath has filed for IPO weeks after raising money from investors and getting valued at $35 billion. Prominent backers of the robotic...

Substack Raises $65m in New Round of Funding

Newsletter platform Substack raised $65m in an Andreessen Horowitz-led funding round. With the new inflow, the platform is now valued at $650m. Substack...

Growth of Clubhouse Faces Scrutiny

The growth of Clubhouse, an audio-biased social network, faces scrutiny over its handling of "problematic content" like "hate speech" and "misinformation." The...

Bitcoin: The Wave of the Future

Bitcoin is still considered to be the wave of the future. From its inception, the cryptocurrency known as Bitcoin intrigued consumers globally....

Turntide Tech Attracts Celebrity Investors

Bill Gates’ Breakthrough Energy Ventures and Robert Downey Junior’s Footprint Coalition have put their faith in Turntide...

Cybersecurity Firm SecurityScorecard Raises $180 Million

Cybersecurity rating firm SecurityScorecard has raised $180 million in a late-stage funding round led by investors. This puts them on track to...

COVID-19: Yelp Data Gives Hope For US Economic Recovery

Yelp data shows that nearly half a million businesses opened in the US during the COVID-19 pandemic. That is down just 14...

Recent Articles

New Chapter 11 Filings, Disclosures: April 12 – April 16, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...

ViacomCBS Networks International Agrees to Acquire Chilevisión

On Monday April 5, ViacomCBS Inc. (NASDAQ: VIAC, VIACA) announced that it had agreed to acquire Chilevisión from WarnerMedia. WarnerMedia is a...

Carnival Reports $2 Billion Quarterly Loss

Carnival reports $2 billion quarterly loss. This is due to COVID-19 pandemic restrictions on the cruising industry, which has decimated Carnival and...

New High Yield Bond Ratings: April 5 – 9, 2021

At least 35 companies received a revision on high yield bond ratings during the week of April 5-9, 2021. These revisions caused...
ECB President Christine Lagarde

ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half

Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...

Most Popular

Varo Bank raises $63 million from NBA player Russell Westbrook

Varo Bank raised $63 million from NBA all star player Russell Westbrook’s organization, Russell Westbrook Enterprises. Westbrook will join Varo Bank as...

Amazon Receives Federal Approval for Delivery Drones

Amazon recently received federal approval to establish a fleet of delivery drones. The multinational technology company will begin testing package deliveries throughout...

Scener Receives $2.1M in Seed Funding

Scener, a watch-together streaming service, received $2.1 million in seed funding round led by Seattle-based SeaChange. The platform's co-viewing movie and television...

New Chapter 11 Filings, Disclosures: March 15 – March 19, 2021

At least five major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of March...
Photo of NYSE wearing surgical mask

PE Firms Look to End Remote Working

After months of remote working, employees of global private equity firms are now seeking to get back to their offices. Firms, such...