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WBVN News

Dot-Com Bubble Has Burst, Lunacy Continues

An inside-look at the lunatic valuations of dot-com companies.

Ticker-Tape Parade: Corning Sets Writedown, Xerox Drops Dividend

Also, today's docket of earnings and economic news.

The Night Watch: Telecom-Equipment Makers Fizzling

Corning's bad news pulls shares of JDS Uniphase, Ciena and Juniper down.

Schadenfreude Has Its Day at Webvan CEO's Expense

A lavish retirement package becomes just another artifact of dot-com insanity.

Breaking News

Robinhood Stock Surges, Then Halted, Amid Reports of FTX Takeover Interest

Sam Bankman-Fried's FTX is looking for a path to buy online brokerage group Robinhood, Bloomberg reported Monday.

General Electric Stock Gains As CEO Larry Culp Takes Over Aviation Division

"There is tremendous opportunity in aviation over the coming years, and the Board and I decided it is the right time for me to take on this expanded role," said GE CEO Larry Culp.

Feds Could Stop Trump SPAC Deal

An investigation by a federal grand jury could halt the proposed SPAC deal with Trump's social media company.

McDonald's Brings Back a Classic Menu Item (with a Catch)

You never know what the fast-food chain might bring back or create a new version of.