Dell Considers IPO, Billionaire Investor Bets on Nike
U.S. computer giant Dell is reportedly considering a major shake-up, which could include an acquisition or an IPO. The board, under pressure to increase growth, will meet this month to explore its options. Talks for a potential IPO are still in the early stages.
Bill Ackman's Pershing Square Capital is betting big on Nike. The activist investor recently revealed that he took a passive stake in the sneaker company in October. Ackman reportedly isn't interested in changing the path Nike is on, but rather believes in the current strategy for the company.
Billionaire philanthropist MacKenzie Scott's first open call for grants yielded 6,353 applications from nonprofits — meaning candidates have at least a 4% chance of being selected for a $1 million grant.
Sales of previously occupied U.S. homes fell in June to the slowest pace since January, as a near-historic low number of homes for sale and rising mortgage rates kept many would-be homebuyers on the sidelines. The national median sales price fell on an annual basis for the fifth month in a row, though fierce competition led to about one-third of homes selling for more than their list price.
Not properly planning a will for when you die can cost your family a lot of money. Certified financial planner AJ Ayers is here to break down how to approach planning your will.
