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Need to Know
![6 things all investors should be thankful for]()
Peter Thiel wants to be able to bid for Gawker assets: report
Billionaire Peter Thiel may be looking to buy Gawker.com, the website he helped shut down last year. On Wednesday, Thiel's lawyers objected to the shuttered news site's bankruptcy sale process, claiming he has been unfairly excluded from bidding on Gawker.com's assets, Buzzfeed reported. Those assets include the site itself, along with its article archives. If Thiel were to buy Gawker.com, he could do whatever he chooses with the archives, including deleting them. Last year, the site's parent company, Gawker Media, declared bankruptcy and sold most of its assets to Univision Communications Inc. after it was unable to pay a $140 million verdict in an invasion-of-privacy case involving Hulk Hogan. It was revealed that Thiel bankrolled Hogan's legal case, apparently motivated by a 2007 Gawker story about Thiel's sexuality. A spokesperson for Thiel would not tell Buzzfeed whether Thiel was interested in buying Gawker.com.
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Personal finance
![Gifts that pay off: Help your children to get a college education and pay off debt]()
Special ReportGifts that pay off: Help your children to get a college education and pay off debt
There’s a reason the phrase ‘gifts that keep on giving” is rarely accurate. But here it really works.
![A father’s letter to his adult children at Thanksgiving: You’re on your own]()
A father’s letter to his adult children at Thanksgiving: You’re on your own
No more financial support — it’s time to take care of yourselves.
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Inside MarketWatch
When do markets close for Thanksgiving?
Investors have many things to be thankful for this year: global equities had risen in every single month this year, while every major economy expanded. That’s something to think about when U.S. markets close Thursday for Thanksgiving.
Lyft extending funding round by additional $500 million
Lyft is raising up to another $500 million in funding, according to documents filed Tuesday and first reported by Axios. The effort comes a month after the San Francisco-based ride-hailing company announced a $1 billion funding round led by Google parent Alphabet Inc.'s CapitalG. The additional $500 million would be an extension of that round, according to a share authorization filing in Delaware.
