When COVID-19 closed the Facebook Inc. offices in Tel Aviv, Michelle Lourie found herself working in a shed on the kibbutz where she lives with her family in Israel. It’s a far cry from Tel Aviv, a city techno-edgy enough to merit being called the world’s startup...
Bloomberg Wealth: There comes a point in nearly every financial conversation these days when someone drops the “B” word. Bitcoin, that is. Maybe it’s pandemic boredom. Maybe it’s the fact that every billionaire out there wants us to know whether they hate it or love...
Roblox, the kids gaming app that surged in popularity during the pandemic, soared in its market debut on the New York Stock Exchange on Wednesday. The company’s stock closed at $69.50 apiece, giving the company a market cap of $38.26 billion. Roblox went public...
Commodities trader Mercuria Energy Group Ltd. struck a deal last summer to buy $36 million of copper from a Turkish supplier. But when the cargoes started arriving in China, all it found were containers full of painted rocks. The saga unfolds like a gangland...
When we look back at the COVID-19 era, there’s little doubt that the SPAC boom that dominated financial headlines last year will be remembered as a shining example of what happens when the Fed steps up to monetize trillions of dollars in federal government...