Truth Social owner is close to an all-share takeover of Intercontinental Exchange’s Bakkt
Share price in US president-elect’s media group has been slipping despite high turnover among retail investors
The most amusing interpretation is the best one
Republican candidate’s comments come days before he could cash out of his majority position
For a night, politics made for strange bedfellows — and so did business
BF Borgers ran ‘sham audit mill’ whose work affects more than 1,500 corporate filings, US financial regulator says
The bell tolls for Big Ben
Meet Ben F orgers (we wish we were making this up)
Citadel Securities attacks Devin Nunes after letter to Nasdaq raises concerns over naked short selling
Accountancy firm did not want to be associated with former US president’s social media venture
Plus, Wall Street wants France to curb its high dismissal payouts and Vitol has another blockbuster year
The more an asset price is disconnected from its fundamentals the more potential it has to go ‘to the moon’
Colorado’s BF Borgers has built the eighth-largest client list of any US audit firm in just 15 years
Auditor warns of ‘substantial doubt’ about future of business as it reports less than $1mn in quarterly revenue
The former US president gained billions on paper this week when his Truth Social media business went public
Heavy trading in company behind Truth Social fuels talk of a new cycle of ‘meme stock mania’
Plus, the heat rises on Sullivan Cromwell’s FTX fees and Adam Neumann begins to put together a WeWork bid
Shares of company behind former president’s Truth Social platform rise 16% in first day of trading
TMTG looks like a rightwing meme stock combined with the classic pathologies of the blank cheque bubble
Litigation with a former partner hangs over Friday’s vote to take Truth Social network public
Legal fight complicates path to public listing for Truth Social operator that could provide windfall for former president
Digital World Acquisition Corporation’s ‘agreement in principle’ would require approval of US securities regulator
