Uber was preparing a share offering that values the global ridesharing giant at up to $82 billion, a source familiar with the deal said Thursday.
Business
May 09, 2019
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7
US automaker General Motors saw profits more than double in the first quarter, but said Tuesday that lower sales in China and North America ate into total revenues.
Automotive
Apr 30, 2019
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6
Uber is aiming to make its stock market debut at a share price that would value the leading ride-share startup between $80 billion and $90 billion, Bloomberg reported on Thursday.
Business
Apr 26, 2019
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6
There's some tech jubilance in the air on Wall Street and in Silicon Valley as a pair of newly public companies—Zoom and Pinterest—are seeing their stocks soar on their first trading day.
Business
Apr 18, 2019
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7
Pinterest on Wednesday announced it would price its initial public offering at $19 a share to begin trading on Wall Street the following day.
Business
Apr 18, 2019
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6
India's debt-stricken Jet Airways halted all of its operations Wednesday after failing to secure emergency funding from lenders, leaving it teetering on the edge of bankruptcy.
Business
Apr 17, 2019
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7
European car sales fell 3.9 percent in March compared to the same month last year, marking the seventh-straight monthly drop, an industry body said Wednesday.
Automotive
Apr 17, 2019
0
7
Uber could become a $100 billion company with a massive share offering that will be a bellwether for tech startups looking toward Wall Street.
Business
Apr 10, 2019
0
8
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
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5
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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