Malcolm and Emily Fairbairn failed to prove their allegations that Fidelity broke its promises or engaged in negligent trading, a U.S. magistrate judge ruled on Friday.
source https://www.wsj.com/articles/fidelitys-charitable-arm-wins-in-hedge-fund-founders-lawsuit-11614391480
Trading in Cnooc Ltd. will be halted March 9 as the Biden administration lets a Trump-era executive order targeting certain Chinese firms stand.
source https://www.wsj.com/articles/nyse-moves-to-delist-chinese-oil-company-11614383331
Move-theater chain Cinemark has been overshadowed by the attention investors have focused on competitor AMC Entertainment, but Cinemark’s comparatively boring show might be more worth tuning in to.
source https://www.wsj.com/articles/cinemark-shines-without-the-drama-11614367857
The stock-trading app is in talks to pay a fine to settle investigations into its options-trading practices and outages the stock-trading app suffered in March 2020.
source https://www.wsj.com/articles/robinhood-in-talks-to-settle-finra-probes-into-options-trading-practices-outages-11614366379
Berkshire Hathaway’s chairman is set Saturday to provide insights into the state of the U.S. economy and markets amid the pandemic.
source https://www.wsj.com/articles/warren-buffetts-annual-letter-is-about-to-land-11614364099
Savings rates have spiked and many American households are sitting on large cash balances.
source https://www.wsj.com/articles/americans-of-all-stripes-are-flush-with-cash-11614359700
The yield on the benchmark 10-year Treasury note recently traded around 1.501%, according to Tradeweb, down from 1.513% at Thursday’s close.
source https://www.wsj.com/articles/u-s-treasury-yields-steady-11614359571
A cruise ship re-christened MS Satoshi was meant to be a floating blockchain hub, but insurance companies insisted on being paid in legal tender.
source https://www.wsj.com/articles/bitcoin-might-be-flying-but-its-no-longer-floating-11614358901
‘Safe’ places to earn a good return are sometimes too good to be true. How come investors keep having to learn that lesson the hard way?
source https://www.wsj.com/articles/investors-piled-into-the-infinity-q-magical-money-machine-now-theyre-stuck-11614354037
Private companies used to raise round after round of venture capital before listing publicly. But thanks to SPACs, more zero-revenue startups than ever before are jumping into the public markets with valuations exceeding $1 billion.
source https://www.wsj.com/articles/spac-frenzy-emboldens-silicon-valley-startups-to-forgo-venture-funding-11614344154
The yield on 10-year Treasurys ticked down after hitting its highest level in a year.
source https://www.wsj.com/articles/doordash-etsy-gamestop-what-to-watch-when-the-stock-market-opens-today-11614340963
Against all odds, Airbnb might be a relatively safe place to rest both your family and your money in 2021.
source https://www.wsj.com/articles/airbnb-can-settle-into-a-post-pandemic-market-11614340800
Rising bond yields pose an outsize threat to one asset class in particular: ultra-long-dated debt.
source https://www.wsj.com/articles/as-yields-rise-beware-the-hidden-risks-in-ultralong-bonds-11614340252
Everybody can agree that electricity grids should be more reliable. It will be much harder to agree on what price to pay for that safety.
source https://www.wsj.com/articles/grid-reliability-is-feasible-but-at-what-cost-11614335401
U.S. stock-picking hedge funds, which bet on and against stocks, are more tilted toward bullish bets than in any other period since 2010.
source https://www.wsj.com/articles/gamestop-resurgence-reinforces-new-reality-for-hedge-funds-11614335400
Initial public offerings for mortgage lenders haven’t worked out the way all the companies were hoping.
source https://www.wsj.com/articles/mortgage-companies-want-in-on-the-ipo-boom-investors-arent-convinced-11614335403