Bill Ackman looks to find another winner in restaurants, where his track record is perfect
Pershing Square made six previous investments in this industry and has never lost money on any of them.
Pershing Square made six previous investments in this industry and has never lost money on any of them.
The inspector general also found the SBA and Treasury Department issued requirements for loan forgiveness that do not align with law.
A large share of American workers could earn more money while unemployed than from their prior jobs. Labor economists generally think the policy was appropriate given the situation.
Mazda Motor Corp has sought loans totalling about 300 billion yen ($2.8 billion) from Japan's three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday.
McKinsey & Company | Rik Kirkland | Apr 21, 2020 The physical impact of climate change will lead to a major capital reallocation, says the head of BlackRock, the world’s largest asset manager. During a 40-year career, BlackRock CEO Larry Fink has learned that financiers seldom ignore risks to their businesses: “Once they recognize a
Toronto Centre | May 8, 2020 FinTech and SupTech: how to leap forward? The digital transformation of the global economy and the financial sector is accelerating. Cash use is declining, and digital currencies and channels are increasingly used. For millions of people, this digitization is transformative, and the COVID-19 crisis has accelerated this trend by
Tesla Inc's chief executive Elon Musk tweeted on Saturday that Tesla will move its headquarters and future programs to Texas or Nevada from California immediately.
A major U.S. airline trade group on Saturday said it backed the U.S. Transportation Security Administration (TSA) checking the temperatures of passengers and customer-facing employees during the coronavirus pandemic.
Tesla Inc sued local authorities in California on Saturday as the electric carmaker pushed to re-open its factory there and Chief Executive Elon Musk threatened to move Tesla's headquarters and future programs from the state to Texas or Nevada.
Global shares rallied on Friday as investors cheered signs of improving Sino-American relations and looked towards more governments gradually reopening their economies.
National flag carrier Garuda Indonesia will seek to restructure $500 million of Islamic bonds due to mature next month, the deputy of the state-owned enterprises ministry said on Friday.
Germany's financial market watchdog BaFin is investigating Wirecard's communication with investors directly ahead of the publication of a critical audit by KPMG, a spokeswoman for the regulator said on Friday.
Investors pulled $16.2 billion from stocks in the past week in the largest weekly redemption since the March stock market slump, according to the Bank of America's weekly flows data.
Tesla Inc plans to reopen its sole U.S. car plant in Fremont, California as soon as Friday, Bloomberg reported https://www.bloomberg.com/news/articles/2020-05-08/tesla-aims-to-restart-fremont-plant-as-soon-as-friday-musk-says?sref=y3YMCJ4e on Friday, citing an email from the company to its staff.
Sony Corp said on Friday it will manufacture and donate medical face shields to hospitals in Japan, amid worries about the availability of protective equipment for healthcare workers dealing with the coronavirus pandemic.