Text size Arbor Investments focuses on food-and-beverage investments. Lacheev/Dreamstime Arbor Investments needed only 87 days to raise its fifth fund, collecting $1.5 billion in the latest bit of evidence that life goes on for private equity despite the pandemic. The pool is roughly double the $765 million secured by Arbor’s […]

Airbnb, the massively popular do-it-yourself accommodation rental site operator, is seeking to raise roughly $3 billion in its initial public offering (IPO). That’s according to a report published last Friday by Reuters, which cited “people familiar with the matter.” If it draws that amount of capital from investors, Airbnb’s total […]

TipRanks 3 “Strong Buy” Healthcare Stocks Under $5 That Could Go Boom Since 2019, the healthcare sector has been bracing for the wild ride that would be the election year. However, according to some Street pros, 2021 is looking a lot like 2009, and this could actually be a good […]

Airbnb CEO Brian Chesky. John van Hasselt | Corbis | Getty Images Home rental company Airbnb is aiming to raise around $3 billion in its upcoming initial public offering, people familiar with the matter said on Friday, taking advantage of the unexpectedly sharp recovery in its business after the COVID-19 […]

Text size William Hill’s board has indicated that the £2.9 billion offer—272p per share—is at a price that it would “be minded” to recommend to shareholders. Getty Images Caesars Entertainment said on Monday it is in “advanced discussions” with British bookmaker William Hill over a £2.9 billion ($3.7 billion) cash […]

(Bloomberg) — IAC/InterActive Corp.’s $1 billion investment in casino operator MGM Resorts International demonstrates media mogul Barry Diller is still a top dealmaker. IAC, a media and internet company with more than 150 brands and products, announced Monday that it built a 12% stake in MGM, just weeks after it […]

(Bloomberg) — Billionaire Jack Ma’s Ant Group is seeking a valuation north of $200 billion as it goes public in Hong Kong and Shanghai, people familiar with the matter said, kicking off a much-anticipated market debut for China’s leader in internet finance. The parent of China’s largest mobile payment company […]

FILE – In this Feb. 21, 2021, file photo, California Gov. Gavin Newsom takes questions from the media during a visit to a mobile vaccination site at Ramona Gardens Recreation Center in Los Angeles. Newsom signed a $7.6 billion coronavirus relief package on Tuesday, Feb. 23, 2021, that will give […]

Elon Musk. Steve Nesius/Reuters Elon Musk has had a tumultuous yet successful life.  He was bullied as a child but ultimately attended an Ivy League university before going on to become the CEO of two companies, Tesla and SpaceX, and the founder of three more. He’s also been married three […]

Airbnb (ABNB) intends to raise $2.44 billion from the sale of its Class A stock in an IPO, according to an amended registration statement. San Francisco, California-based Airbnb was founded to develop a two-sided marketplace between property hosts and consumer guests to provide lodging and related services on a temporary […]

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying For investors, finding the right sign is part of the game. Stocks don’t necessarily pick themselves, and the investors who do pick them need to know that they’re making the right choice. Fortunately for investors – and the safety of their […]

LONDON (Reuters) – Aero-engine maker Rolls-Royce will ask shareholders on Tuesday for 2 billion pounds ($2.6 billion) in a make-or-break attempt to survive the COVID-19 pandemic, which has stopped planes flying and hammered its finances. FILE PHOTO: A man looks at Rolls Royce’s Trent Engine displayed at the Singapore Airshow […]