Investing

A WeWork office in San Francisco Kate Munsch | Reuters WeWork’s dramatic fall has led to SoftBank CEO Masa Son’s questioning his own judgement, but one analyst still believes the bank will come out on top eventually with the massive investment in the reeling space-sharing company. “Despite the huge embarrassment WeWork has been for SoftBank this
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Steven Mnuchin, U.S. Treasury secretary, speaks during a press briefing at the White House in Washington, D.C., U.S., on Monday, July 15, 2019. Al Drago | Bloomberg | Getty Images Treasury Secretary Steven Mnuchin on Thursday agreed that the World Bank should expel China from a supportive loan program that helps middle- and low-income nations
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Source: Robinhood Free stock-trading start-up Robinhood just reached more than 10 million accounts, the company said Wednesday. The Silicon Valley start-up, mostly used by millennials to trade stocks and cryptocurrency, has grown rapidly from its one million subscribers in 2016 and six million accounts in October of 2018. Robinhood has attained its growth while disrupting
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Lululemon is beginning to look like Nike, Cowen said on Tuesday as it raised its price target on the stock to $250. The firm said Nike’s valuation provides a map for Lululemon’s future, and that when applying Nike’s multiple to Lululemon’s financial metrics and growth opportunities, there’s a path toward a $40 billion market cap,
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