War Unicorn Hermeus Raises $350 Million For Unmanned Supersonic Fighter Jets Atlanta-based aerospace startup Hermeus Corp. has successfully completed a $350 million funding round, pushing the company’s valuation beyond the…
The Finance Herald
The May jobs report will test whether investors still welcome strong growth when inflation and Treasury yields are already pressing on the equity rally.
China’s May PMI avoided outright contraction, but the details show demand weakening beneath steady factory output.
Universal Music Group’s board has turned down Bill Ackman’s attempt to reshape a major music rights company, and the rejection says as much about public-market governance as it does about…
The most important part of the Surface Transportation Board’s latest decision on Union Pacific’s proposed acquisition of Norfolk Southern is not that the regulator accepted the revised merger application. It…
Snowflake’s results on May 27 landed as more than a routine software earnings beat. The company not only raised its outlook after another quarter of strong growth, it also committed…
On May 26 Reuters reported that Wall Street banks are privately urging the Federal Reserve to formalize recent supervisory changes so they cannot easily be reversed by a future administration.…
Sri Lanka’s shock interest-rate increase on Tuesday, May 26, is a reminder that the global oil shock is no longer just a story about higher gasoline bills or nervous bond…
Jardine Matheson’s A$3.4 billion agreement to buy I-MED Radiology Network looks like more than another private equity exit. It is a useful signal about where large pools of capital are…
The International Monetary Fund’s message to European Union finance ministers on May 23 was stark: the bloc’s next fiscal problem is not a single budget cycle or a temporary shock,…
Estée Lauder’s decision to walk away from merger talks with Puig looks less like a failed beauty mega-deal and more like a market verdict on what investors want from large…