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.
Business
Apr 26, 2019
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5
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
Japan's Softbank is to invest 900 million euros ($1 billion) in beleaguered German financial technology firm Wirecard, or a stake of about 5.6 percent, Wirecard announced Wednesday.
Business
Apr 24, 2019
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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.
Economics & Business
Apr 18, 2019
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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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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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The Great Depression, which spanned the 10 years following the stock market crash of 1929, led to severe conditions in several developed countries at a time when there was no social safety net. This triggered a massive entry ...
Social Sciences
Apr 10, 2019
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We use Uber to go places, Slack to chat with co-workers and Pinterest to save our favorite ideas. Why not own a piece of these companies that increasingly dominate our daily lives?
Business
Apr 4, 2019
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The second cancer victim in a year to win a surprise victory against US pesticide maker Monsanto raises the prospect of a flood of similar lawsuits, potentially leaving the firm's new German owner Bayer with a major case ...
Business
Mar 20, 2019
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A group of investors including SoftBank Group is in talks to invest $1 billion or more into Uber's self-driving car unit, The Wall Street Journal reported on Wednesday.
Automotive
Mar 14, 2019
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