Ark Invest’s Cathie Wood gives up portfolio manager role at two of firm’s ETFs

ARK Invest founder and CEO Cathie Wood relinquished her role as portfolio manager at two of the investment management firm’s exchange-traded funds, according to a regulatory filing. William Scherer, who…

Real estate firms Compass and Redfin announce layoffs as housing market slows

Real estate firms Redfin and Compass are laying off workers, as mortgage rates rise sharply and home sales drop. In filings with the Securities and Exchange Commission, Compass announced a…

Firms to watch with housing shortage set to benefit homebuilder stocks

Ariel Skelley | Digitalvision | Getty Images The double whammy of a declining stock market and rising interest rates has been pummeling homebuilder stocks this year, resulting in rock-bottom valuations.…

How Service-Led Firms Can ‘Productize’ Knowledge & Boost Revenue

Opinions expressed by Entrepreneur contributors are their own. Business has always been about the survival of the fittest, and it is not any different today. With the pandemic disrupting the…

Amazon Signs Largest-Ever Commercial Rocket Deal With 3 Firms, Including Jeff Bezos’ Blue Origin

Although Elon Musk’s SpaceX has a significant head start in the race to provide internet from space, Amazon has doubled down on its own efforts. The ecommerce giant announced Tuesday…

China Weighs Giving U.S. Full Access to Audits of Most Firms

(Bloomberg) — Chinese authorities are preparing to give U.S. regulators full access to auditing reports of the majority of the 200-plus companies listed in New York as soon as mid-this…

Evergrande crisis no ‘serious implications’ on India metal firms: Analyst

Indian steel companies are not likely to be significantly impacted by the crisis unfolding at Chinese house developer Evergrande, according to financial services company Motilal Oswal. China plays an critical…

Should You Hire Interns in Your Finance Firms?

July 28, 2021 8 min browse This story originally appeared on Due In some variation, internships have been around for centuries. For case in point, again in the 1080s, it…

China Blocks $5.3 Billion Merger of Live Streaming Firms Huya and DouYu

Chinese regulators have formally blocked the proposed merger of Huya and Douyu, two of the country’s most significant live streaming operators. The planned merger had been orchestrated by social media…

American Express partners with fintech firms to help customers find mortgages

A genuine estate agent stands in the doorway as Giovani and Nicole Quiroz of Brooklyn, New York go to an open dwelling in West Hempstead, New York on April 18,…