ZocDoc Names Morgan Stanley Investment Banker as CFO

Medical startup ZocDoc Inc. named Edward Liu, a former Morgan Stanley investment banker, as its new chief financial officer as it looks to grow its business. Mr. Liu served as co-head of technology banking for the Americas at Morgan Stanley for about

Robinhood Sold IPO Shares to Over 300,000 of Its Customers

Hundreds of thousands of Robinhood Markets Inc.’s customers bought shares in the trading app’s rocky initial public offering earlier this week. In a post on its app, Robinhood said 301,573 users participated in the IPO, which raised about $2 billion and valued

China Moves to Reassure Global Banks, Investors After Market Rout

China moved to ease investor concerns about crackdowns on listed companies, with a top regulator privately telling global financial firms that Beijing will consider the market impact before introducing future policies, people familiar with the matter said. Fang Xinghai, vice chairman of

Robinhood Prices IPO at $38 a Share

Robinhood Markets Inc. priced its initial public offering at $38 a share, at the low end of expectations, after the popular trading platform met tepid demand for its highly anticipated debut. The price chosen by the company and its underwriters is at

Four Tokyo Olympic Staff Arrested for Suspected Cocaine Use

Tokyo’s National Stadium, set to be the main stadium of the Olympics and Paralympics. Photo: kim kyung-hoon/Reuters Updated July 13, 2021 12:47 am ET TOKYO—Two Americans and two British nationals contracted to work for the Tokyo Olympics have been arrested on suspicion