Lyft value jumps to $15.1 billion in new funding round
Smartphone-summoned ride service Lyft on Tuesday announced it is raising $600 million in a funding round that values the Uber competitor at $15.1 billion.
Smartphone-summoned ride service Lyft on Tuesday announced it is raising $600 million in a funding round that values the Uber competitor at $15.1 billion.
Business
Jun 27, 2018
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US household wealth topped the $100 trillion mark for the first time ever in the first quarter of 2018, the US Federal Reserve said on Thursday.
Economics & Business
Jun 7, 2018
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Social media platform Twitter will be added to the S&P 500 stock index before the start of trading Thursday, a move that will expand the number of individual investors who own the stock through index funds that track the ...
Business
Jun 6, 2018
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PayPal on Thursday announced a deal to buy Swedish online commerce startup iZettle for $2.2 billion, a deal that came as the young company was poised for a stock market debut.
Business
May 18, 2018
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In recent years economists have joined historians and others in thinking that institutions, like governments, markets, and firms, are the key to understanding how economies work. From a research standpoint, the challenge ...
Economics & Business
May 1, 2018
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Walmart has agreed to sell its British unit, Asda, to local rival Sainsbury's in a 7.3 billion pound ($10.1 billion) deal as the U.S. giant focuses on online sales in countries with higher growth and less intense competition.
Business
Apr 30, 2018
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Snapchat on Thursday began selling a new version of its eyewear with built-in cameras after the first version failed to catch on with users of the youth-oriented social network.
Consumer & Gadgets
Apr 26, 2018
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Spotify picked up more fans on Wall Street on Tuesday as investors gave the unprofitable company a warm welcome in its stock market debut.
Business
Apr 3, 2018
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Spotify is about to find out whether investors view its music streaming service as a budding superstar or a flash in the pan.
Business
Apr 3, 2018
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Taiwan's third largest stock tumbled almost 10 percent in minutes Wednesday and lost $3 billion of its market value due to errors made when placing orders, the stock exchange said.
Business
Mar 21, 2018
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