Binance will not invest in crypto lender Genesis: WSJ

After crypto lending firm Genesis suspended client redemptions and indicated it would seek a $1 billion emergency cash loan, major potential backer Binance said no to the investment, the Wall Street J...

SPAC Sponsors Were Winners Even on Losers

Since AEye went public by merging with a special-purpose acquisition company in August 2021, shareholders have had a rough go. The laser-technology company’s stock is down over 90% in the midst of mis...

Carlyle Group Loses Another Executive. What Wall Street Is Saying.

Text size Carlyle Group stock rose alongside broader markets Wednesday, despite leadership changes. Keith Bedford/REUTERS/Alamy Management changes at Carlyle Group continued Wednesday, as the company ...

Carlyle Group Loses Another Executive. Here’s What Wall Street Is Saying.

Text size Carlyle Group stock rose alongside broader markets Wednesday, despite leadership changes. Keith Bedford/REUTERS/Alamy Management changes at Carlyle Group continued Wednesday, as the company ...

Redbox Is About to Be Acquired. The Stock Remains Crazily Overvalued.

Text size Redbox was hurt by a bet that theater releases of films would surge in a postpandemic world. Dreamstime The end is near for Redbox , and some investors are about to take a substantial hit as...

10 Companies That Would Take a Hit From a 15% Minimum Corporate Tax

Text size Nvidia has had a 4.7% tax rate and average pretax profit of $4.8 billion. Here, a cryptocurrency mining rig is equipped with Nvidia Geforce GPU at the Thailand Crypto Expo 2022. Andre Malerb...

Senate Reconciliation Bill Would Close Carried Interest Loophole. What It Means for Private Equity.

Text size Sen. Joe Manchin wants to eliminate a provision giving favorable tax treatment to the private-equity industry. Alex Wong/Getty Images In a surprise, Senate Democrats reached a deal on a bill...

Blackstone Earnings Are Coming. What to Expect.

Text size Blackstone is expected to produce Q2 results of $1.43 a share in distributable earnings. Angus Mordant/Bloomberg Blackstone will kick off earnings season for alternative asset managers when ...

KKR Stock Looks Cheap. Why It Might Be Time to Buy.

Text size KKR has loads of capital and a cheap stock. It could be a recipe for gains. Dreamstime It has been a brutal first half of the year for alternative-asset managers. Shares of KKR , Apollo , Bl...

Apollo’s Stock Is Expected to Rise. Here’s Why.

Apollo Global Management is the most misunderstood of the publicly traded alternative asset managers. But the stock could represent significant upside for those who wish to take a look, according to R...

Elon Musk Isn’t Going Away if Twitter Rejects Him. Here’s What He Might Pay.

Text size Elon Musk Scott Olson/Getty Images Even if the Twitter board rejects Tesla CEO Elon Musk’s offer to buy the social-media platform, he won’t go away immediately. There is more drama to come. ...

SoFi Stock Drops After News of Deal for Technisys

Text size The SoFi website is shown on a smartphone. Gabby Jones/Bloomberg Shares of SoFi Technologies plunged more than 8% Tuesday after the fintech said it is buying the banking software provider Te...