
Ukrainian drone company makes Wall Street debut with significant stock surge
A Ukrainian defense startup backed by Erik Prince saw its stock price jump dramatically in its first day of trading on Wall Street.

A Ukrainian defense startup backed by Erik Prince saw its stock price jump dramatically in its first day of trading on Wall Street.

Bending Spoons, the Italian company that owns Vimeo, AOL, and Eventbrite, has filed to go public on the Nasdaq stock exchange.

Various advocacy groups are pressuring the Federal Reserve over concerns about debanking practices affecting multiple communities.

Several publicly traded companies provided revenue forecasts and business updates during recent earnings communications.
Private equity firm Blackstone seeks to sell $2 billion in fund stakes while US universities increase market risk exposure as financial pressures mount.

City Comptroller Mark Levine says New York City faces a $6 billion budget shortfall requiring spending cuts even with potential Albany assistance.

Gasoline prices are beginning to drop after weeks of elevated costs, providing relief to consumers who have faced financial pressure at the pump.

The International Energy Agency says Asian countries will release emergency oil reserves to address market disruptions.
Adult content platform OnlyFans has achieved a $3 billion valuation amid ongoing stake sale negotiations.

Investment bank Lazard is bidding to replace Centerview Partners as Venezuela's financial adviser in what appears to be a competitive mandate process.

Young adults report economic difficulties while experts propose new financing models for workforce development programs.
Chinese e-commerce company JD.com reported a first-quarter profit, indicating progress in reducing losses from its food-delivery operations.
Treasury Secretary nominee Scott Bessent commits to robust foreign exchange coordination with Japan during policy discussions.
Kering announced an ambitious restructuring plan aimed at doubling profits while restoring financial discipline and refreshing Gucci's creative direction.

The Justice Department's antitrust division is conducting a criminal investigation into whether large meatpacking companies engaged in anti-competitive practices.
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