By Pasko Inama Wednesday, June 30, 2021 Business After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO - Yahoo Finance (Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to riv...
By Pasko Inama 8:04 PM Business Robinhood app fined $70 million for harming 'millions' via misleading info, outages - KSL.com Robinhood, a popular stock trading app, was fined $70 million on June 30. (REUTERS/Brendan McDermid/Illustration) WASHINGTON (Reuters) — W...
By Pasko Inama 5:04 PM Business Stock futures are flat as S&P 500 sits at record, Wall Street set to kick off second half of 2021 - CNBC U.S. stock futures were steady in overnight trading on Wednesday as investors gear up for the second half of 2021. Dow futures rose about...
By Pasko Inama 5:04 PM Business Amazon wants FTC Chair Lina Khan recused from all its cases - CNN The e-commerce giant filed a petition to the FTC on Wednesday suggesting that Khan -- an outspoken tech critic who has played a key role i...
By Pasko Inama 5:04 PM Business Didi Stock Surged, and Fell, in Week's Biggest IPO - Barron's A Didi Chuxing autonomous taxi during a pilot test drive on the streets in Shanghai. Hector Retamal/AFP/Getty Images Didi Global , ...
By Pasko Inama 9:04 AM Business Didi gears up for blockbuster US IPO in quest to go 'truly global' - CNN Stock in China's biggest ride-hailer is set to start trading Wednesday in New York, the company announced. Didi priced its shares at $...
By Pasko Inama 9:04 AM Business U.S. Stocks Open Mixed - The Wall Street Journal U.S. stocks traded in a narrow range Wednesday morning, suggesting that the major indexes are likely to close near record highs for ...
By Pasko Inama 9:04 AM Business Private payrolls rise 692,000 in June, easily topping expectations - CNBC Private payrolls growth increased at a faster rate than expected in June thanks to a burst in hiring for the hospitality sector, ADP repor...
By Pasko Inama 4:07 AM Business Husband-Wife Team Build $2.4 Billion Fortune on Bubble Tea IPO - Bloomberg Back in 2014, Peng Xin and her husband, Zhao Lin, pledged their home as collateral for a bank loan to get their fledgling bubble tea busine...
By Pasko Inama 3:04 AM Business Facebook antitrust lawsuit dismissed, becomes $1 trillion company - Yahoo Finance Myles Udland and Brian Sozzi discuss the ramifications of the dismissal of the U.S. government's antitrust lawsuit against Facebook aft...
By Pasko Inama 12:04 AM Business U.S. stock futures are little changed as the market closes out a winning first half - CNBC In this article A trader works on the New York Stock Exchange on March 3, 2020. Michael Nagle | Xinhua via Getty U.S. sto...
By Pasko Inama 12:04 AM Business UPDATE 1-Berkshire's Munger says China right to clip Ma's wings - Yahoo Finance (Recasts with quotes about Jack Ma, adds details from interview, changes date in dateline) June 30 (Reuters) - Berkshire Hathaway Inc Vice...
By Pasko Inama Tuesday, June 29, 2021 Business United’s latest jets will offer Bluetooth for in-flight entertainment - The Verge United Airlines is adding a long-awaited feature to the in-flight entertainment seatback screens of its new Boeing 737 Max 8 jets — support...
By Pasko Inama 9:04 PM Business China's Didi raises $4.4 bln in upsized U.S. IPO -sources - Reuters Didi sold 317 mln ADS, more than planned 288 mln -sources Sells ADS at $14 a piece - sources Would give Didi $73 bln valuation on full...
By Pasko Inama 6:04 PM Business Facebook announces Bulletin, its Substack newsletter competitor - The Verge Facebook is getting into the subscription newsletter game. It’s launching a new service today, called Bulletin , that allows writers to pub...
By Pasko Inama 6:04 PM Business Allegiant Air lands at MSP, will offer service to Florida, N.C. - Minneapolis Star Tribune Allegiant Air will become the 18th airline to serve Minneapolis-St. Paul International Airport this fall when the budget carrier begins non...
By Pasko Inama 8:04 AM Business United Airlines orders 270 Boeing, Airbus jets - Fox Business Ironsides Microeconomics managing director Barry Knapp reacts on 'Making Money with Charles Payne' United Airlines on Tue...
By Pasko Inama 8:04 AM Business Stocks making the biggest moves in the premarket: Big banks, Facebook, Tesla & more - CNBC Take a look at some of the biggest movers in the premarket: Big banks – Goldman Sachs (GS), Bank of America (BAC), Morgan Stanley (MS)...
By Pasko Inama 8:04 AM Business Walmart unveils low-price insulin as more patients with diabetes struggle to pay for drug - CNBC In this article WMT A diabetic draws insulin from vial. CNBC | Adam Isaak Walmart said Tuesday it will offer a less ex...