Investors lose out when investing in 'blank-check' SPACs

The more revenue growth a company projects when it announces it will be acquired by a special purchase acquisition company (SPAC), the more investors buy the SPAC's stockā€”and the less likely those projections are to come ...

Apple profit stable as service gains offset iPhone slump

Apple said Tuesday that profits held steady in the most recent quarter, with revenue growth in music, movies, apps and other services offsetting slumping iPhone sales, sparking a rally in shares of the California tech giant.

After oil and gas, Denmark's Dong ditches coal

Danish green energy giant Dong said Thursday it was pulling out of coal use, burning another bridge to its fossil fuel past after ditching oil and gas.

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