Bill Ackman’s new Pershing Square USA fund wants to lure investors with no performance fees
The closed-end fund has vowed not to charge performance fees as it prepares to float on the New York stock exchange
Bond yields steady with ISM manufacturing data on tap
U.S. bond yields were steady on Monday, ahead of a big week of economic data that will culminate with the nonfarm payrolls report.
Kanye West left this architectural masterpiece in a shocking state, but wants $39 million for the Malibu mansion
West gutted the home and walked away from the unfinished project, and now it’s languishing on the market.
BlackRock buying Prequin for $3.2 billion as private markets interest surges
BlackRock has announced a deal to buy privately held U.K. data provider Preqin.
French stocks see strongest rise in nearly two years after first round of elections
French stocks surged on Monday after the first round of parliamentary elections was interpreted to mean the far-right National Rally party was unlikely to form a majority.
Japanese manufacturers’ sentiment improves, BOJ’s tankan report finds
Sentiment among large Japanese manufacturers improved during the three months to June, with a weak yen giving a boost to exporters’ earnings made overseas.
South Korea’s exports grow for ninth straight month
South Korea’s exports grew for a ninth straight month on strong demand for semiconductors in June, though growth slowed compared with the same period a year earlier, largely because there were fewer working days.
Boeing reportedly agrees to buy supplier Spirit Aerosystems for $4.3 billion
Boeing Co. has agreed to buy parts supplier Spirit Aerosystems Holdings Inc. in an all-stock deal worth more than $4 billion, Reuters reported Sunday.
Head of Boots pharmacy chain reportedly will depart as Walgreens struggles
The head of British pharmacy chain Boots is stepping down, according to multiple reports, amid turmoil for parent company Walgreens Boots Alliance Inc.
What’s worth streaming in July 2024: It’s Peacock’s time to shine, but Netflix still wins gold
Peacock has the Summer Olympics, but Netflix still has more to offer. Meanwhile, Apple raises its game for the bronze.
