Uber stock set to launch at $45 a share (Update)

Uber is set for its Wall Street debut Friday with a massive share offering that is a milestone for the ride-hailing industry and the so-called "sharing economy," but which comes with simmering concerns about its business ...

Siemens on track for 2019 ahead of power and gas spinoff

German industrial conglomerate Siemens said Wednesday it was sticking to its targets for 2018-19 after a steady second quarter, having announced the spinoff of its historic power and gas unit a day before.

Uber pulls back on valuation with IPO pricing

Uber pulled back on its ambitious valuation target Friday for its Wall Street debut, while still pricing its share offering in a range that would make it one of the largest in recent years in the tech sector.

IPOs help communities prosper, new research shows

Companies that go public on the stock market provide an economic boost to the local communities where they're based, according to new research from Rice University's Jones Graduate School of Business.

Uber sets IPO in motion, seeks to 'ignite opportunity'

Uber filed documents Thursday for its much-anticipated public share offering expected to be the largest in the tech sector in years, and a bellwether for other venture-backed startups eyeing Wall Street listing.

Luxuriating in aspiration

Many people enjoy luxury and those that don't have access to luxury goods and services often aspire to it. Writing in the International Journal of Indian Culture and Business Management, a team explain how in the "West" the ...

Amazon rules, Walmart gains in e-commerce: study

Amazon is extending its dominance in US e-commerce, but Walmart is seeing strong gains and is poised to become the number three online retailer, a market tracker said Thursday.

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