Michael J. de la Merced
Posts
Chamath Palihapitiya, a ‘SPAC King,’ Will Wind Down Two Funds
Interest in special purpose acquisition companies has waned as the fear of rising inflation pushes investors toward more conservative assets.
Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.
The public offering values the luxury sports car maker at up to $75 billion.
Farfetch Strikes a Deal to Build a Luxury E-Commerce Giant
The agreement to buy a big stake in Yoox Net-a-Porter is a step toward consolidation in the online luxury retail industry.
‘The Bond King’ Traces the Arc of a Pioneering Investor
Bill Gross turned a sleepy market for bond trading into a cutthroat trillion-dollar business. A new book tells the story of his rise and fall.
Berkshire Hathaway Rebounds From the Pandemic
In announcing the company’s $90 billion profit in 2021, Warren Buffett noted the role that Berkshire plays in the American economy.
Elon Musk Quietly Donated Nearly $6 Billion of Tesla Shares Last Year
Mr. Musk gave just over five million shares of Tesla to charity in November, making him the second-biggest donor last year, behind only Bill Gates...
Elon Musk Quietly Donated Nearly $6 Billion Last Year
Mr. Musk gave just over five million shares of Tesla to charity in November, making him the second-biggest donor last year, behind only Bill Gates...
Warren Buffett's Berkshire Hathaway to Hold Next Annual Meeting in Person
The event is scheduled for April 30, a decision that reflects evolving, and sometimes diverging, approaches to live events in the pandemic.
Nelson Peltz Takes Aim at Unilever
An activist investor adds pressure as Unilever seeks a new strategic direction.
Unilever Pursues Glaxo and Pfizer Consumer Health Venture
Rejected three times, Unilever suggests it will keep fighting to acquire a giant in the world of pain relievers, toothpastes and cold treatments.