Urban legend: Why Alibaba’s John Caplan is bullish on cities
When it comes to cities in a global pandemic, reports of their demise have been greatly exaggerated, according to John Caplan.
Marketmind: A China crackdown
World stocks snapped a four-day rising streak on Monday as a widening crackdown on some parts of the world’s second biggest economy by regulators sent shudders through global markets.
Bezos-backed plant food firm NotCo joins unicorn club after latest funding
Jeff Bezos-backed food-tech firm NotCo said on Monday it raised $235 million in its latest funding round that also included athletes Lewis Hamilton and Roger Federer, valuing the plant-based food company at $1.5 billion.
U.S. judge rules Lithium Americas may excavate Nevada mine site
A U.S. federal judge has ruled that Lithium Americas Corp (LAC.TO) may conduct excavation work at its Thacker Pass lithium mine site in Nevada, denying a request from environmentalists who said the digging could harm sage grouse and other wildlife.
Asian shares, U.S. yields rise as investors reassess rout
Asian shares and U.S. Treasury yields rose on Wednesday, clawing back some of the week’s losses as investors reassessed economic worries, but the dollar was firm on concerns over the impact of a fast-spreading coronavirus variant.
In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors
In its quest to build one of the largest lithium mines in the United States, Piedmont Lithium Inc (PLL.O) has overlooked one crucial constituency: its North Carolina neighbors.
Analysis: Beyond security crackdown, Beijing charts state-controlled data market
China’s sweeping regulatory action against internet giants such as ride-hailing firm Didi Global Inc, which has sent chills through the industry, is part of a broader national project to create a domestic marketplace for the country’s vast troves of big data.
Stocks falter as virus outbreaks fan global recovery fears
Asian stocks were down early on Tuesday as growing fears the spreading Delta variant of the coronavirus would harm the global economic recovery sent riskier assets, including oil, skidding sharply.
Robinhood seeks up to $35 bln valuation in mega U.S. IPO
Robinhood Markets Inc is targeting a valuation of up to $35 billion in its initial public offering in the United States, the company revealed in a Monday filing, setting the stage for one of the most highly anticipated stock market listings this year.
U.S. recession ended in April 2020, making it shortest on record
The U.S. recession touched off by the coronavirus lasted only two months, ending with a low point reached in April 2020 after thestart of a sharp drop in economic activity in March of that year, the U.S. Business Cycle Dating Committee announced Monday.
