The iconic German sandal and clog maker Birkenstock, beloved of free spirits and pragmatists alike, is going public with plans to list on the New York Stock Exchange on Wednesday under the ticker symbol “BIRK.” The company is pricing its IPO at $46 a share, for a valuation of around…
Tag: Ownership Changes
Small business confidence is tanking again, especially when it comes to banks and Biden
As President Biden begins to more forcefully build a reelection case citing Bidenomics, Wall Street forecasts and actual GDP data are supportive, as are recent improving sentiment scores from consumers and CEOs. But on Main Street, small business owners remain a difficult group for Biden to win over. Small business…
Elon Musk completes Twitter purchase, fires CEO and other top execs: reports
Twitter Inc. is now owned by Elon Musk, with multiple media outlets reporting Thursday night that the long-anticipated sale had officially closed. The Wall Street Journal, Washington Post and others reported, based on unnamed sources, that the top executives of Twitter TWTR, +0.66% were fired and escorted from the building,…