Authentic Brands raises $3 billion, pushes back IPO

The company behind brands such as Brooks Brothers, Eddie Bauer, and Sports Illustrated magazine plans to delay its initial public offering after getting a...

Treasury yields rise as focus remains on Fed Chair decision

On Monday, existing home sales data for October is set to be released at 10 a.m. ET. Auctions are scheduled to be held for $57...

Ex-Credit Suisse Bankers Say It Still Aids Hidden Accounts

Former Credit Suisse Group AG bankers have told criminal investigators that the bank is still helping U.S. clients hide accounts from the Internal Revenue...

KKR buyout offer sends Telecom Italia shares surging 22%

Telecom Italia shares jumped more than 22% on Monday morning after U.S. private equity giant KKR launched a 10.8 billion euro ($12 billion) buyout...

Options trading is poised to overtake the stock market

Fueled by a cocktail of slick trading apps and social-media hype, retail trading has soared since competition between brokerages squashed commissions in 2019. Stocks were the focus...

Authentic Brands Group shelves IPO, to sell $12.7 billion stake to private investors

Retail conglomerate Authentic Brands Group plans to shelve a planned initial public offering and instead sell significant equity stakes in its business to private...

It Is Shortsighted To Sell Disney Stock Now

For CNBC’s Jim Cramer, investors are buying high and selling low by focusing on Disney’s short-term woes rather than on the company’s long-term potential. The...

House moves toward OK of Dems’ sweeping social, climate bill

Democrats brushed aside monthslong divisions and approached House passage of their expansive social and environment bill Friday, as President Joe Biden and his party...

Democrats delay vote on Build Back Better bill after GOP leader stalls with hourslong...

House Democrats postponed a much-anticipated vote on President Joe Biden's social safety net and climate package early Friday morning after Minority Leader Kevin McCarthy...

SEC proposes changes to increase securities lending disclosure

The Securities and Exchange Commission has proposed rule changes designed to increase transparency of securities lending and borrowing transactions. Under proposed Exchange Act Rule 10c-1,...

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