IN 2019, Christian Conner was pondering buying a membership at Soho House, a social club in Manhattan’s Meatpacking District. The then-28-year-old media consultant showed up for a tour of this playground for the hipster elite in his classic “preppy with a twist” uniform—sport coat, trousers and one of his prized Gucci ties. All was going … Read more
At 75, Diane von Furstenberg is working on a reinvention of her company. “This is my third-generation rebirth,” says Ms. von Furstenberg, who over the past two years brought in 33-year-old Gabby Hirata as president and CEO of her company and hired granddaughter Talita von Furstenberg as co-chairwoman. The Belgian-born, New York-based designer and entrepreneur … Read more
From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed of, such as meme stocks. Our call of the dayfrom the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more
Elias Stein Text size The morning after streaming won big at the Academy Awards, shares of a movie theater chain— AMC Entertainment—surged 45%, driven by CEO Adam Aron’s efforts to create a future beyond, well, theaters. In mid-March, Aron caught Wall Street off guard with a $27.9 million stake in Hycroft Mining Holding, which owns … Read more
US stocks fell Thursday afternoon to cap a quarter in which Federal Reserve monetary tightening and the Russian invasion of Ukraine have weighed on sentiment and has put the S&P 500 on track for its first quarterly loss in two years. How are stock indexes peforming? The Dow Jones Industrial Average DJIA, -1.56% fell 336 … Read more
It sure has been a wild ride for investors over the past few weeks, with the S&P 500 benchmark rising 10% from March 8 through March 30. But the broader stock market is still down for 2022. Below is a list of 10 stocks that have fallen at least 20% this year, but are expected … Read more
WASHINGTON—Federal regulators proposed a bevy of new requirements for special-purpose acquisition companies, or SPACs, and their takeover targets amid widespread concern that the vehicles skirt important investor protections. The Securities and Exchange Commission advanced a set of rules Wednesday that, if implemented, would make it harder for SPACs to raise money from investors and execute … Read more
The sneaker’s sole is what you notice first. It’s bizarre—almost alien—defined by a ring of hollowed-out blocks. This peculiar sole, dubbed CloudTec, has been the defining characteristic of the featherweight running shoes produced by On, a Zurich-based footwear company, since the brand’s launch in 2010. Unlike the solid foundation on a traditional running sneaker—like New … Read more
The sneaker’s sole is what you notice first. It’s bizarre—almost alien—defined by a ring of hollowed-out blocks. This peculiar sole, dubbed CloudTec, has been the defining characteristic of the featherweight running shoes produced by On, a Zurich-based footwear company, since the brand’s launch in 2010. Unlike the solid foundation on a traditional running sneaker—like New … Read more
At 7 am, it can be the time for a morning coffee while 8 pm can be time to have supper, watch your favorite television shows, or even enjoy a glass of wine. If you have a Robinhood account, it’s also becoming a time to play the stock market during extended trading hours — but … Read more