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The market for US initial public offerings suffered another body blow this week when one of the most-anticipated deals of the year was a dud — extending a series of deals that have missed the mark of sky-high expectations. And things weren’t any better in its trading debut on Friday. Continue Reading »
Former cryptocurrency firm FTX will start paying its main creditors at the end of May using a cash hoard of $11.4 billion the company has collected since its shut down. Continue Reading »