Nasdaq’s Profit Falls as Shaky Economy Keeps IPO Revival Elusive
Nasdaq Inc.’s profit fell the most in 14 years as firms continue to wait for the economy to stabilize before going public.
Nasdaq Inc.’s profit fell the most in 14 years as firms continue to wait for the economy to stabilize before going public.
A US insurance firm with at least $2 billion in exposure to Thames Water Utilities Finance Plc is working with bondholders and advisers to protect their interests ahead of potential debt talks, according to people familiar with the matter.
For 71 days in a row, BlackRock Inc.’s Bitcoin fund enjoyed a remarkable run, amassing almost $18 billion in one of the biggest exchange-traded fund launches ever. Now, investors have stopped piling in as the crypto fever eases.
General contractor Hely Duarte is considering laying off half his workers because New York City’s transit system is halting most capital projects as its legal battle with New Jersey over congestion pricing lingers on.
Marex Group Plc and a group of the London-based firm’s shareholders raised about $292 million in a US initial public offering priced within a marketed range.
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