Online trading firm eToro going public in more than $10 billion SPAC deal
CNN
Robinhood is widely expected to go public later this year despite the public relations black eye it received during the Reddit-induced GameStop mania. But another rapidly growing online trading rival will beat it to the market.
EToro, a broker with more than 20 million users, said Tuesday that it is merging with FinTech Acquisition Corp. V, a publicly traded special purpose acquisition company or SPAC, in a deal worth $10.4 billion. Shares of FinTech Acquisition Corp. V surged 45% on the news. The deal is the latest example of the market's love affair with SPACs, the use of so-called blank check firms to go public. It's a suddenly trendy way for private companies to access Wall Street money and get listed on public exchanges without having to file as much regulatory paperwork as is required for a more standard initial public offering.
New signage is being installed at Washington, DC’s performing arts center on Friday to include President Donald Trump’s name.
A simmering battle over the future of President Donald Trump’s political movement exploded on one of the right’s biggest stages Thursday, as prominent conservative influencers used Turning Point USA’s annual youth conference to attack each other and their competing visions.
A recently enacted US House map would again make Troost Avenue a dividing line in the community, part of a plan to have Democratic-leaning Kansas City represented by three separate Republican lawmakers.
How should a military commander respond if they determine they have received an unlawful order?
The White House is heading into a critical midterm year beset by economic challenges, as it tries to manage stubbornly high prices, a frustrated electorate and a commander-in-chief who struggles to show sympathy toward voters’ pain.
Congressional Republicans have sent lawmakers home for the holidays without voting to address the Obamacare subsidies cliff that will hit millions of Americans on New Year’s Day — infuriating some of their own rank and file.
A jury found a Wisconsin judge – accused of helping an undocumented immigrant dodge federal authorities – guilty of obstruction Thursday, marking a victory for President Donald Trump as he continues his sweeping immigration crackdown across the country.
A number of Jeffrey Epstein survivors voiced their concern in a private meeting with female Democratic lawmakers earlier this week about the intermittent disclosure of Epstein-related documents and photos by Democrats on the House Oversight Committee, sharing that the selective publication of materials was distressing, four sources familiar with the call told CNN.
The US military conducted strikes against two alleged drug-trafficking boats in the eastern Pacific Ocean on Thursday, killing 5 people, according to US Southern Command.
Four-term North Carolina Democratic Gov. Jim Hunt, a towering figure in North Carolina politics in the late 20th century who helped leaders from both major parties strive for public education reform, died Thursday at the age of 88, his daughter Lt. Gov. Rachel Hunt announced.
President Donald Trump announced Thursday the White House will host the “Patriot Games,” a competition with young athletes from across the county, as part of the celebration of the United States’ 250th anniversary next year.
Susie Wiles’ recently published interviews in Vanity Fair are remarkable for a multitude of reasons. But perhaps leading that list was what the White House chief of staff said about Venezuela.
With under two weeks to go before he’s sworn in, New York City mayor-elect Zohran Mamdani has not announced many hires for his administration. One of the few that he has announced was forced to almost immediately resign Thursday after her past antisemitic tweets came to light.