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Latest stories covering finance, with summaries and links to related coverage.
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SpaceX bond worth 10% less than issue price – heading for junk bond status
news
3 min read
SpaceX's stock has declined by 38% from its peak post-IPO valuation. The company's market cap previously surpassed that of Amazon and Microsoft.
US SEC preparing to scrap quarterly reporting requirement
news
1 min read
The U.S. Securities and Exchange Commission is preparing a proposal to eliminate the requirement for companies to report earnings quarterly, allowing them the option to report twice a year instead. The proposal may be published as soon as next month, with discussions ongoing between regulators and major exchanges about potential rule adjustments.