Goldman Sachs threw its weight behind a proposal by the New York Stock Exchange to allow companies to go public via a direct listing while also raising money, a change that would make direct listings more appealing than they are now. But it’s not clear if there’s any will on the part of regulators to move quickly on the matter. Goldman Sachs “fully” supports the NYSE’s proposal, which would...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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