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Saudi Arabia’s Sovereign-Wealth Fund Bets Big at Home

August 9, 2023 / no comments

After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at home, often on obscure startups and projects that it plans to own and operate.

Can Coinbase’s Blockchain Fix Its Losing Streak?

August 9, 2023 / no comments

The crypto exchange has had six consecutive quarters of losses as customers cut back on trading.

Some Banks Struggle to Report Uninsured Deposits Correctly

August 9, 2023 / no comments

One New Jersey lender is on its fourth try getting its year-end number right.

Why Fitch’s Downgrade Matters

August 9, 2023 / no comments

U.S. debt is in much riskier territory than when S&P lowered its rating in 2011.

Biden’s Order Won’t Destroy Chinese Venture Capital

August 9, 2023 / no comments

The startup funding ecosystems in China and the U.S. will probably keep growing apart.

Lessons From a Law Firm’s Decision to Leave China

August 9, 2023 / no comments

Dentons’ decision to quit the country and new investment limits by the Biden administration underscore the growing challenges facing Western companies there.

This Hedge Fund’s Two Feuding Founders Are Under Pressure to Make Peace

August 9, 2023 / no comments

Questions from regulators and investors, plus one founder’s divorce, are forcing Two Sigma to address the rift.

New Tax Rules Can Save You Thousands on Home Renovations

August 9, 2023 / no comments

Coming rebates for energy-efficient upgrades can be combined with existing tax credits.

Secondhand Sellers Are Going Premium

August 9, 2023 / no comments

The RealReal and ThredUp have gone upscale to improve profitability—a challenge in tougher economic times.

Japanese Carmakers See Next Few Years as Fight for Survival in China

August 9, 2023 / no comments

Honda, Nissan, Mazda and others rush to add electric vehicles to match Chinese competitors.

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