The New York Stock Exchange will close its trading floor on Monday, after two workers in the exchange’s building were diagnosed with COVID-19, the disease caused by the coronavirus. The closure of the floor is the first time the exchange has seen a disruption of this scale since Hurricane Sandy closed the markets in 2012. A floor broker and a NYSE employee were both found to have tested...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
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