Gates, French Gates top list of biggest U.S. charity donorsA handful of Americans donated at least $1 billion to charity last year, according to the Chronicle of Philanthropy’s annual ranking of the 50 Americans who gave the most to charity in 2021.
Pershing Square SPAC exits Universal Music dealA special-purpose acquisition company run by billionaire Bill Ackman’s Pershing Square is stepping away from a deal to buy a 10% stake in Universal Music Group, citing questions from the Securities and Exchange Commission.
EXPLAINER: What’s a SPAC, the latest craze on Wall Street?Special-purpose acquisition companies, better known as SPACs, have been embraced by big institutions and small-pocketed investors alike.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/ZBSCTNAAHBGSHHE4U3B6ENNQWM.jpg)
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/ZTBSJAW4YVBNVJVTMSV2PHYTVI.jpg)