Lyft's shares soared as the company went public Friday, giving investors their first chance to bet on the future of the ride-hailing industry.
Business
Mar 29, 2019
0
5
Lyft shares raced out of the starting gate but then throttled back slightly in a strong stock market debut Friday, raising $2.3 billion in an IPO that marks a turning point for the ride-hailing business and the so-called ...
Business
Mar 28, 2019
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7
After a second air disaster involving the 737 MAX 8, aviation giant Boeing swung into crisis mode, losing $25 billion of market capitalization and suffering a severe hit to its reputation.
Business
Mar 17, 2019
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20
After building a social network that turned into a surveillance system, Facebook CEO Mark Zuckerberg says he's shifting his company's focus to messaging services designed to serve as fortresses of privacy.
Internet
Mar 7, 2019
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3
A common assumption is that stock analysts gather earnings and other pertinent information to communicate to current and potential stockholders, and then incorporate that information by revising their current-quarter earnings ...
Economics & Business
Mar 1, 2019
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2
A federal judge on Tuesday gave Tesla's irascible Chief Executive Elon Musk two weeks to explain why he should be spared from being held in contempt for violating a settlement with US regulators.
Business
Feb 26, 2019
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4
An activist shareholder says eBay would be better off without StubHub or its classified ads businesses.
Business
Jan 22, 2019
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3
Suppose you were building a cartel—a group of business interests who coordinate to fix high prices that consumers must pay. How would you design it? Received economic wisdom says transparency among cartel members is crucial: ...
Economics & Business
Dec 19, 2018
0
3
The US Securities and Exchange Commission on Thursday charged Tesla CEO Elon Musk with securities fraud, alleging he misled investors last month in tweets about taking the company private.
Business
Sep 27, 2018
0
14
A German court on Wednesday began hearing a lawsuit pitting Porsche SE, the majority shareholder in Volkswagen, against angry investors who say they were told too late about the diesel emissions cheating scandal.
Business
Sep 12, 2018
0
4
