“All we want is fair competition,” said Slack general counsel David Schellhase, who is asking the EC to “referee.” “Slack threatens Microsoft’s hold on business email, the cornerstone of Office, which means Slack t...
Billionaire hedge-fund manager Bill Ackman’s largest-ever “blank check” company went public Wednesday, with more than $4 billion in its kitty to acquire a yet-undetermined company, and it has two years to pick one.
U.S. stocks were mostly higher Wednesday, ahead of corporate results from Tesla and Microsoft, but with buying seen in utilities and other sectors viewed as defensive, as Sino-American tensions rise.
Gold and silver rise further Wednesday, getting a boost after China said the U.S. had ordered it to close its Houston consulate, marking a further climb in tensions between the two countries and sparking demand for haven assets.
‘As the massive monetary and massive fiscal stimuli (over $15T globally) conjoin to save the economy from a deflationary depression, they will cause instead a hyperinflationary economic collapse,’ Larry McDonald warned.