Details of the pressure the New York-based bank faced from its activist investor hadn’t been reported until now. The lessons from this episode will likely inform how Corbat’s successor interacts with the bank’s large investors.

Warren Buffett’s Berkshire Hathaway made the investment despite his aversion to IPOs.

These are the stocks posting the largest moves before the bell, including Snowflake, Carnival, Tesla, Moderna, and more.

Wildfires, driven by climate change, are raging across the Western United States crushing local economies. It’s a wakeup call for the Trump administration.

Tonal raises $110 million from Amazon Alexa Fund, Steph Curry and others, after seeing surging demand for its at-home strength training machines during the pandemic. 

Many companies this year have had first-day pops bigger than Snowflake. 

The market caps of payment stocks like Visa and MasterCard have eclipsed the value of the biggest banks, even as their balance sheets remain significantly smaller in comparison. 

Counting the four IPOs this week, software IPOs will have raised roughly $7.8 billion year to date.

The market caps of payment stocks like Visa and MasterCard have eclipsed the value of the biggest banks, even as their balance sheets remain significantly smaller in comparison. 

These are the stocks making moves in the premarket, including FedEx, Adobe, Kodak, Tapestry, DraftKings, and more.