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Figma went public on Thursday at a $19.3 billion valuation, three years after Adobe was set to acquire the design company for almost the same amount. By market close, Figma’s stock had more than tripled its IPO price, valuing the company at nearly $68 billion, giving many of the company’s…
An ocean view is priceless in coastal New England — unless you cut down a neighbor’s trees to get it.Cases of alleged unauthorized tree-cutting and poisoning, or so-called “timber trespass,” have sparked bitter neighbor-versus-neighbor legal feuds across wealthy US enclaves in recent years, with some resulting in seven-figure payouts.One lawsuit…
2025-07-24T19:15:01Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…
Floating among the sardines and seabass of the Mediterranean is a more rare breed of marine species: the superyacht.With the summer in full swing, billionaires and their nine-figure ships have anchored throughout the European seas — and if their social media posts are any indication, it’s good to be very…
Welcome back to our Sunday edition, where we round up some of our top stories and take you inside our newsroom. Want to know what a day in the life is like for the CEO of a superyacht firm? Anders Kurtén of Fraser Yachts told BI about his daily drive…
Five years ago, quant hedge fund Engineers Gate was reeling — from poor returns, investor redemptions, and the ignominious departure of its founder.Its fortunes look different these days. The fund is now firmly in growth mode, preoccupied with deploying $4 billion in assets to a growing roster of portfolio managers…
