Photo taken on March 24, 2020 shows the New York Stock Exchange and George Washington statue on the Wall Street in New York, the United States.
Wang Ying/Xinhua/Getty
The weekend is in sight.
The summer of SPACs continues, with a report out of Bloomberg that Bill Ackman's SPAC, Pershing Square Tontine, was in talks with Airbnb prior to the startup confidentially filing for an initial public offering.
Even though the talks didn't lead to anything, the fact they even occured is pretty astonishing. If you suggested a year ago that Airbnb might go public via a SPAC you'd be laughed out of the room.
It should come as no surprise that the University of Pennsylvania, long known as a pipeline to a career in investment banking, topped the list. However, what's interesting is how the rest of the data shook out.
The NYC real estate market is looking for a lifeline, but some New York State legislators have different plans. Daniel Geiger has all the details on a proposal to tax high-end second homes in the city, and what it could mean for a market that is hurting. Here's the full story.
Casey Sullivan has all the details on what the future holds for enterprise-software maker Epicor. Casey spoke to the CEO of the company that was recently acquired by private-equity firm Clayton Dubilier & Rice for $4.7 billion. Here's the full story.
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