• People laughed at startup guru Eric Ries' idea to reinvent Wall Street, so he started a new stock exchange to prove them wrong

    3 monthes ago - By Business Insider

    People laughed at Eric Ries, startup guru and author of the Lean Startup, when he first pitched the idea of a long-term stock exchange.
    Initially Ries wanted someone else to run with his idea, he told Business Insider. But when no one did, he decided to start the Long-Term Stock Exchange, a competitor to Nasdaq and the New York Stock Exchange that requires companies to look beyond quarterly earnings.
    On May 10, the Securities and Exchange Commission approved the LTSE's application. Now it can finally get to work.
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  • China's biggest chipmaker has applied for 'voluntary delisting' from the New York Stock Exchange amid the trade war and Trump's crackdown on Chinese tech

    China's biggest chipmaker has applied for 'voluntary delisting' from the New York Stock Exchange amid the trade war and Trump's crackdown on Chinese tech

    3 monthes ago - By Chron

    Brendan McDermid/Reuters
    Semiconductor Manufacturing International Corporation , the largest chipmaker in China, is delisting from the New York Stock Exchange.
    The "voluntary delisting" comes amid increased tensions between the US and China over trade and President Donald Trump's crackdown on Chinese tech companies.
    SMIC claimed its decision has nothing to do with those tensions, attributing its decision instead to low trading volumes and administrative costs.
    Visit Business Insider's homepage for more stories.
    The largest chipmaker in China has applied for a "voluntary delisting" from the...
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