Richard Branson and Barry Sternlicht were among more than two dozen investor groups that filed with U.S. regulators on Friday to raise new blank-check acquisition companies, setting a new record.
Two U.S. senators urged President Joe Biden to ensure the implementation of sanctions passed in January aimed at stopping the Nord Stream 2 Russia-to-Germany gas pipeline project, which a State Department spokesman reiterated on Friday was a "bad deal" for Europe.
Federal investigators began probing American Express Co's small business and consumer cards sales practices in January, the company disclosed on Friday.
Facebook Inc is building a smartwatch that will let users send messages and also offer health and fitness features, The Information reported https://bit.ly/378YViU on Friday, citing people with direct knowledge of the device.
When McDonald's Corp rolls out its new crispy chicken sandwich line on Feb. 24, it will swap out a higher-priced premium chicken sandwich from its menu, the company confirmed to Reuters.
The S&P 500 drifted higher on Friday, recovering from early weakness as financial and materials stocks gained ground while investors held out for signs of progress on the next batch of fiscal aid.
Bumble Inc Chief Executive Officer Whitney Wolfe Herd's stake in the women-centric dating app operator was worth nearly US$2 billion, as shares rallied for a second straight day after a blockbuster debut on Thursday.
Bumble Inc Chief Executive Officer Whitney Wolfe Herd's stake in the women-centric dating app operator was worth nearly US$2 billion, as shares rallied for a second straight day after a blockbuster debut on Thursday.
Investors are watching next week's earnings reports from hotels, cruise lines and other businesses that have been hard hit by COVID-19 for indications of which companies could be the first to bounce back when the pandemic recedes.
U.S. consumer sentiment unexpectedly fell in early February amid growing pessimism about the economy among households with annual incomes below US$75,000, even as the government is poised to deliver another round of COVID-19 relief money.
