BlackRock Acquires $875 Million Stake in Authentic Brands Group

BlackRock Inc.’s private equity vehicle struck its first deal, backing a company that manages brands including Sports Illustrated, Marilyn Monroe and …

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Investors Run Out of Patience on Pot Profits: Cannabis Weekly

Key companies to report this week include Canadian licensed producers Canopy Growth Corp. and Tilray Inc. and U.S. multi-state operators Acreage …

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Huawei Takes a Step Toward Replacing Google’s Android in China

Huawei already designs its own HiSilicon Kirin processors, though it retains a reliance on U.S. firms such as Qualcomm Inc. and Broadcom Inc. for …

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Virtu Falls on Trading Profit Worries; Tradeweb Also Drops

Exchange stocks, including Intercontinental Exchange Inc., Cboe Global Markets Inc. and CME Group Inc. underperformed financial stocks as a whole …

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SoftBank Vision Fund Leads Fintech C2FO’s $200 Million Round

… the funding round, which included earlier investors Allianz X, Mubadala Investment Co., Temasek Ltd., Union Square Ventures and Mithril Capital.

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