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Klarna Confirms $31 Billion Valuation in Upcoming IPO

Swedish platform Klarna confirmed a $31 billion valuation in its upcoming IPO, after raising $1 billion in a recent private fundraising round....

Professional Fighters League Earns $65 Million Investment

Professional Fighters League (PFL) earns a $65 million dollar investment. The financing round, led by Ares Capital, Elysian Park Ventures, and Knighthead...

Danone Eyes Return to Sales Growth

Danone eyes return to sales growth in the second quarter. The French food company sees 2021 as a year of recovery, after...

New Chapter 11 Filings, Disclosures: February 22– February 26, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of February...
Federal Reserve ACH System

Fed’s Wire Transfer System for Banks Experienced a Several Hour Outage

The Federal Reserve's system that allows banks to wire transfer money back and forth went down for several hours on Feb. 24....

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electric car

BlackRock Invests in UK Electric Vehicle Startup, Arrival

US funds manager BlackRock Inc. has invested $118 million in electric vehicle startup Arrival Ltd. The investment is the most Arrival has...

Permira Buys Majority Stake in Education First’s China Units

It was announced today that a company backed by the global investment firm, Permira Funds has acquired a majority stake in the...

SANUWAVE Registers More Shares with the SEC

On October 5th, SANUWAVE Health, Inc. (OTC: SNVW) filed a preliminary prospectus with the SEC in which SANUWAVE registered more shares. The...

New Chapter 11 Filings, Disclosures: June 1 – June 5, 2020

At least seven companies either filed for Chapter 11 Bankruptcy protection or defaulted on loans during the first week of June. These...

OCC Pauses Publication of ‘Fair Access’ Rule

The Office of the Comptroller of the Currency (OCC) announced on Jan. 28 it has paused publication of its "fair access" rule....