SoftBank Group Corp.’s investment arm on Monday filed to raise more than $ 500 million for a blank-check company as it looks to take advantage of investor appetite for growth stocks. Softbank 9984, +1.62%, which has invested heavily in private technology companies in recent years through its “vision funds,” intends …
Read More »The Wall Street Journal: Goldman Sachs seeks full control of its China securities joint venture
Goldman Sachs Group Inc. is moving to acquire 100% ownership of its securities joint venture in China, deepening its investment in the world’s second-largest economy 17 years after setting up shop with a domestic partner. The New York-based investment bank is applying with Chinese regulators to take full control of Goldman Sachs Gao Hua …
Read More »The Wall Street Journal: Tesla seeks rent reductions to cut costs amid outbreak
Tesla Inc. has reached out to at least some of its landlords seeking rent reductions, according to firms contacted by the car company, as the auto maker looks for cost savings in response to the novel coronavirus outbreak that has closed much of its business. “The rapid world pandemic that …
Read More »