Private equity firm Onex announced Monday its purchase of Canada's second-largest airline WestJet for about Can$5 billion (US$3.7 billion) including assumed debt.
Business
May 13, 2019
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Uber shares skidded Friday in a disappointing Wall Street debut following a massive public offering from the global ride-hailing giant.
Business
May 10, 2019
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Uber began trading as a public company at $42 per share Friday, nearly 7% below its initial public offering price.
Business
May 10, 2019
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Uber's business model is incredibly simple: It's a platform that facilitates exchanges between people. And Uber's been incredibly successful at it, almost eliminating the transaction costs of doing business in everything ...
Business
May 10, 2019
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Uber's next stop is the stock market, where it hopes to pick up more investors willing to bet on a ride-hailing market brimming with potential and conspicuously lacking in profits.
Business
May 10, 2019
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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 9, 2019
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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 ...
Business
May 9, 2019
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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.
Business
May 8, 2019
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WeWork, the fast-growing office-sharing startup, said Monday it had filed documents for a stock market listing to help fuel further expansion.
Business
Apr 29, 2019
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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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