Fidelity’s Blue Chip Growth Fund cut the value of its position in X by 5.7% in February, implying a 73% decline in the former Twitter Inc. since Elon Musk bought the social-media company. Fidelity, which gained a stake in X...
The NCAA and the nation’s five biggest conferences said Thursday night they have agreed to pay nearly $2.8 billion to settle a host of antitrust claims, a monumental decision that sets the stage for a groundbreaking revenue-sharing model that could...
Howard University is cutting ties to Sean “Diddy” Combs, rescinding an honorary degree that was awarded to him and disbanding a scholarship program in his name, after a recently released 2016 video that appeared to show him attacking the R&B singer...
As Disney leans further into the streaming world, it’s doing away with a popular service that allowed its biggest fans to own some of its most obscure films. The Disney Movie Club is shutting down, according...
After characterizing Central Bank Digital Currencies as “tyranny” just last month, Donald Trump just said at a town hall that he’s—at the very least—aware of Bitcoin’s growing popularity. Fox News host Laura Ingraham asked the 77-year-old...
Reddit Inc. and its selling shareholders raised $748 million, pricing shares in an initial public offering at the top of a marketed range, the second big tech listing in as many days. The social media platform,...
Michael Burry’s investment firm doubled down on its bets on JD.com Inc and Alibaba Group Holding Ltd. in the first quarter as Chinese equities bottomed out. JD.com was Scion Asset Management’s top holding after the firm...
Federal Reserve Chair Jerome Powell made a pitch for public service to recently minted graduates at Georgetown University Law Center, his alma mater, on Sunday. The former investment banker left the practice of law a few...
New research suggests the HPV vaccine is preventing cancer in men, as well as in women, but fewer boys than girls are getting the shots in the United States. The HPV vaccine was developed to prevent...
Lawmakers on the European Parliament’s environment committee on Wednesday backed a proposal to relax rules on genetically modified plants produced using so-called new genomic techniques, prompting strong criticism from environmental groups. The issue of genetically modified...
