Maureen Farrell, Reporter at The Wall Street Journal, discusses Spotify's non-traditional approach to going public. The company will do a direct listing where three major banks will split a mere $30 million.
Farrell talks about the pros and cons of filing this way. Even though banks lose money with a filing like this, it gives more transparency to employees and investors when buying and selling shares of the company. Farrell also talks about the unprecedented nature of such a filing, noting that there are concerns about whether the direct listing will go smoothly. If the listing goes well, will other tech companies follow suit?
A new study published in the Journal of the American Medical Association found that you don't need to exercise Monday to Friday if you're able to do at least 100 and 50 minutes of exercise on the weekend.
The Walt Disney Co.’s “Wish” had been expected to rule the Thanksgiving weekend box office, but moviegoers instead feasted on leftovers, as “The Hunger Games: Songbirds and Snakes” led ticket sales for the second weekend, according to studio estimates Sunday.
Daryl Hall has sued his longtime music partner John Oates, arguing that his plan to sell off his share of a joint venture would violate a business agreement the duo had.
Opening statements are expected in Atlanta in the trial of rapper Young Thug, who's accused of co-founding a violent criminal street gang and using his music to promote it.
