Snowflake's first-day pop means IPO left $3.8 billion on the table, the most in 12 years
Critics of the IPO process say that's capital that could have otherwise been invested by Snowflake in the business.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Nearly 8 million people may get a piece of $2.7 billion in health insurance rebates this year
The amount that insurers are refunding to policyholders this fall would be almost double the $1.4 billion or so refunded a year ago, with about 7.9...
Shares of furniture retailer Herman Miller soar 33% as home office sales surge
Herman Miller reported fiscal first quarter earnings per share of $1.24, blowing past the earnings of 26 cents per share expected by Wall Street, according to...
How Congress could still reach a stimulus deal to get more $1,200 checks to Americans
There's still time for Congress to get more stimulus money to Americans before the election. But time is running out. Here's where politicians will have to...
9 million Americans will get letters about missing stimulus checks. Here's where those notices are going
Millions of Americans are still asking, "Where is my stimulus check?" Now, the IRS is mailing out notices to almost 9 million people to inform them...
Op-ed: What matters for cannabis investors heading into the November elections
Markets often reward those who sit at the table early for major secular investment themes like cannabis.
Fintechs to play an “even more important” role coming out of lockdown, says British Business Bank
AltFi John Reynolds Sep 16, 2020 Fintechs will be “even more important” coming out of lockdown than they were during lockdown helping smaller businesses return to...
Op-ed: Does voting from overseas impact your tax status? Here's what U.S. expats need to know before they vote
Many Americans living overseas wonder if they can vote in U.S. elections and whether doing so will affect their tax status. The short answer is "no"...
Shares of furniture retailer Herman Miller soar 35% as home office sales surge
Herman Miller reported fiscal first quarter earnings per share of $1.24, blowing past the earnings of 26 cents per share expected by Wall Street, according to...
These hidden fees are taking a bite out of your retirement savings
Whether you're drawing down from your 401(k) plan after you've retired, or you're splitting your savings with your ex, the company that administers your retirement plan...
Schumer, Warren propose forgiving $50,000 in student debt for borrowers due to pandemic
Amid the coronavirus outbreak, Senate Democrats urge the President to cancel up to $50,000 in student debt for borrowers by executive action.
Former 'Shark Tank' contestant reaches a breaking point as federal aid runs out
Former "Shark Tank" contestant Kelsey Moreira, the owner of Doughp, recently had to lay off most of the staff she had furloughed in the spring.
Activist ValueAct played a key role in speeding up Citigroup CEO's retirement, sources say
Details of the pressure the New York-based bank faced from its activist investor hadn't been reported until now. The lessons from this episode will likely inform...
The new urgency of global tech governance
Brookings Landry Signé, Mark Esposito, and Sanjeev Khagram Sep 10, 2020 Pandemic lockdowns, digitalization, and the acceleration of the Fourth Industrial Revolution (4IR) are all driving...
Detour: An altered path to profit for European fintechs
McKinsey Company Chandana Asif, Max Flötotto, Tunde Olanrewaju, and Giuseppe Sofo Sep 9, 2020 To navigate the economic fall-out from COVID-19, Europe’s fintechs will need to...