By Gunaka Karin Wednesday, June 30, 2021 Business After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO - Yahoo Finance (Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to riv...
By Gunaka Karin June 30, 2021 Business Robinhood app fined $70 million for harming 'millions' via misleading info, outages - KSL.com Robinhood, a popular stock trading app, was fined $70 million on June 30. (REUTERS/Brendan McDermid/Illustration) WASHINGTON (Reuters) — W...
By Gunaka Karin June 30, 2021 Business Stock futures are flat as S&P 500 sits at record, Wall Street set to kick off second half of 2021 - CNBC U.S. stock futures were steady in overnight trading on Wednesday as investors gear up for the second half of 2021. Dow futures rose about...
By Gunaka Karin June 30, 2021 Business Amazon wants FTC Chair Lina Khan recused from all its cases - CNN The e-commerce giant filed a petition to the FTC on Wednesday suggesting that Khan -- an outspoken tech critic who has played a key role i...
By Gunaka Karin June 30, 2021 Business Didi Stock Surged, and Fell, in Week's Biggest IPO - Barron's A Didi Chuxing autonomous taxi during a pilot test drive on the streets in Shanghai. Hector Retamal/AFP/Getty Images Didi Global , ...
By Gunaka Karin June 30, 2021 Business Didi gears up for blockbuster US IPO in quest to go 'truly global' - CNN Stock in China's biggest ride-hailer is set to start trading Wednesday in New York, the company announced. Didi priced its shares at $...
By Gunaka Karin June 30, 2021 Business U.S. Stocks Open Mixed - The Wall Street Journal U.S. stocks traded in a narrow range Wednesday morning, suggesting that the major indexes are likely to close near record highs for ...
By Gunaka Karin June 30, 2021 Business Private payrolls rise 692,000 in June, easily topping expectations - CNBC Private payrolls growth increased at a faster rate than expected in June thanks to a burst in hiring for the hospitality sector, ADP repor...
By Gunaka Karin June 30, 2021 Business Husband-Wife Team Build $2.4 Billion Fortune on Bubble Tea IPO - Bloomberg Back in 2014, Peng Xin and her husband, Zhao Lin, pledged their home as collateral for a bank loan to get their fledgling bubble tea busine...
By Gunaka Karin June 30, 2021 Business Facebook antitrust lawsuit dismissed, becomes $1 trillion company - Yahoo Finance Myles Udland and Brian Sozzi discuss the ramifications of the dismissal of the U.S. government's antitrust lawsuit against Facebook aft...
By Gunaka Karin Tuesday, June 29, 2021 Business U.S. stock futures are little changed as the market closes out a winning first half - CNBC In this article A trader works on the New York Stock Exchange on March 3, 2020. Michael Nagle | Xinhua via Getty U.S. sto...
By Gunaka Karin June 29, 2021 Business UPDATE 1-Berkshire's Munger says China right to clip Ma's wings - Yahoo Finance (Recasts with quotes about Jack Ma, adds details from interview, changes date in dateline) June 30 (Reuters) - Berkshire Hathaway Inc Vice...
By Gunaka Karin June 29, 2021 Business United’s latest jets will offer Bluetooth for in-flight entertainment - The Verge United Airlines is adding a long-awaited feature to the in-flight entertainment seatback screens of its new Boeing 737 Max 8 jets — support...
By Gunaka Karin June 29, 2021 Business China's Didi raises $4.4 bln in upsized U.S. IPO -sources - Reuters Didi sold 317 mln ADS, more than planned 288 mln -sources Sells ADS at $14 a piece - sources Would give Didi $73 bln valuation on full...
By Gunaka Karin June 29, 2021 Business Facebook announces Bulletin, its Substack newsletter competitor - The Verge Facebook is getting into the subscription newsletter game. It’s launching a new service today, called Bulletin , that allows writers to pub...
By Gunaka Karin June 29, 2021 Business Allegiant Air lands at MSP, will offer service to Florida, N.C. - Minneapolis Star Tribune Allegiant Air will become the 18th airline to serve Minneapolis-St. Paul International Airport this fall when the budget carrier begins non...
By Gunaka Karin June 29, 2021 Business 5 Tech Stocks Are Now Worth at Least $1 Trillion - Barron's AFP via Getty Images And then there were five. With today’s surge in Facebook shares , all five of the tech megacaps have now eclipse...
By Gunaka Karin June 29, 2021 Business Eli Lilly CEO says drugmaker will keep looking for ways to cut insulin costs as Walmart debuts lower-price rival - CNBC In this article WMT LLY An Eli Lilly & Co. logo is seen on a box of insulin medication in this arranged photograph at a ...
By Gunaka Karin June 29, 2021 Business United Airlines orders 270 Boeing, Airbus jets - Fox Business Ironsides Microeconomics managing director Barry Knapp reacts on 'Making Money with Charles Payne' United Airlines on Tue...