GameStop Corp. Chief Executive Officer George Sherman, who is expected to leave the struggling video-game retailer, sold almost $12 million in shares, benefiting from a run-up in the stock fueled by day traders.
Recursion Pharmaceuticals Inc., which uses machine learning to hunt for new therapies, rose 74% in its trading debut after exceeding goals for its initial public offering to raise $436 million.
Not even a week’s worth of evidence that the U.S. economy is roaring back from the pandemic has been able to derail the concerted rally sweeping stocks and bonds.
GOP Senator Marco Rubio is proposing greater scrutiny of activist investors in companies involved in national security work or supply chains as part of broader legislation aimed at bolstering U.S. competitiveness with China.
The Vatican is considering the sale of a luxury London building embroiled in a financial scandal that drew papal condemnation and a probe into those involved in its purchase seven years ago.
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