Corporate Actions
- Stock Market
I bought my home for $30,000, but now it’s worth almost $3 million. How can I avoid a massive tax bill?
I own a house in Palo Alto, Calif. that I bought for less than $30,000 and is now worth almost…
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China’s Caixin manufacturing gauge slips in November on weaker demand
A private gauge measuring activity in China’s manufacturing sector slipped in November and fell into contractionary territory, as both domestic…
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Dow falls over 600 points; stock losses deepen as Powell says appropriate to consider faster taper
Losses for U.S. stocks deepened Tuesday after Federal Reserve Chairman Jerome Powell told lawmakers it would be appropriate for policy…
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‘Markets don’t bottom on a Friday’: COVID stock rout puts these S&P 500 levels in focus when trading resumes
After U.S. stocks suffered a sharp, Black Friday selloff following the discovery of a fast-spreading variant of the coronavirus that…
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McKinsey investment arm hit with $18 million fine for trading in companies about which it had inside info from its consulting business
An investment business working exclusively on behalf of employees of McKinsey & Co. was hit with an $18 million fine…
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Intuit stock soars toward record after acquisitions fuel earnings beat, increased guidance
Intuit Inc. shares jumped 9% and headed toward record highs in after-hours trading Thursday, after the software company raised its…
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Elizabeth Warren asks SEC to investigate Trump media company
Investors have soured somewhat on Donald Trump’s new media company, and if Massachusetts Sen. Elizabeth Warren gets her way, a…
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Bitcoin miner Iris Energy’s stock jeered on pubic debut, as stock falls well below the IPO price
Iris Energy Ltd. received a downbeat reception on Wall Street on Wednesday, as the Australia-based bitcoin miner’s stock opened even…
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China Evergrande to sell stake in film production company for $273 million
China Evergrande Group 3333, -5.36% is planning to sell its entire stake in a Hong Kong-listed film and television production…
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Rivian stock falls by as much as 18% to mark first stumble since its IPO
Rivian Automotive Inc. stock fell by as much as 18% Wednesday to mark its first stumble since it took Wall…
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