Diversify or die: San Francisco’s downtown is a wake-up call for other cities | AP News: After a three-year exile driven by the pandemic, San Francisco’s downtown has waited for the crowds, the commuters and electric ambience to return.
ANALYSIS: Battling the Antitrust Monster in Chapter 11: Monster Beverage Corp.'s recent acquisition of bankrupt rival Bang Energy is a great illustration of the tension that can arise between antitrust and bankruptcy law. The FTC’s proposed heightened disclosure requirements for mergers and acquisitions could further complicate such transactions.
For Clues About Carvana’s Future, Look to Its Past - WSJ: Struggling used-car dealer’s shares are hot, but business sags and investors worry about the family’s plans.
Novan files for bankruptcy, inks deal to sell assets - Triangle Business Journal: The downfall of Novan comes after the Durham company spent years trying to push its lead candidate toward regulatory approval despite funding challenges
Perpetual Crypto Futures Show Increasing Short Interest in Binance Token BNB - Bloomberg: Funding rate for Binance native coin BNB dropped sharply; bearish traders are willing to pay a fee to keep BNB shorts
Are Leveraged Loans Securities? The Answer Could Upend a Trillion Dollar Market: JPMorgan, Citi and the Loan Syndications and Trading Association have been lobbying the SEC to prevent disclosure requirements and liability for banks.
American Physician Partners to Close Doors After Cash Squeeze: Medical staffing company American Physician Partners said it is planning to wind down its operations and transition its hospital contracts.