Amazon In Talks to Be Anchor Investor in Arm IPO, Reuters Says
Amazon.com Inc. is in talks to join other tech companies as an anchor investor in Arm Ltd.’s initial
2023-08-09 07:18
WeWork Tumbles After Raising ‘Substantial Doubt’ About Future
WeWork Inc. shares plummeted more than 25% in extended trading after saying there’s “substantial doubt” about its ability
2023-08-09 06:49
Electric bus maker Proterra files for Chapter 11 bankruptcy protection
Electric bus, van and truck maker Proterra says it is seeking Chapter 11 bankruptcy protection from a federal court in Delaware
2023-08-09 06:46
Judge is asked to block Florida law making it a crime to drive people who are in the US illegally
Civil rights groups are asking a federal judge to stop Florida officials from enforcing a section of a new state immigration law that criminalizes transporting someone who has entered the United States unlawfully
2023-08-09 06:25
Hedge Fund Shorts Nio and Honda, Favors Hyundai in Asia EV Race
An Asian hedge fund is shorting some Chinese and Japanese automaker stocks on bets they will lose out
2023-08-09 06:20
Commonwealth Bank of Australia Cautions on Economy Even as Profit Climbs
Commonwealth Bank of Australia’s profit climbed as higher interest rates and a buoyant housing market supported results at
2023-08-09 05:58
WeWork says it has 'substantial doubt' about its ability to stay in business
"Substantial doubt exists" about WeWork's ability to continue to stay in business, due to the company's losses, projected cash needs, and increased member turnover, according to the company's second quarter earnings release.
2023-08-09 05:55
Disney's ESPN inks $2 billion deal with Penn to launch sports betting business
Walt Disney's ESPN and casino-owner Penn Entertainment have agreed to jointly launch a sports betting business under the
2023-08-09 05:24
Lyft Shares Slide After Posting Slowest Growth Since Pandemic
Lyft Inc. shares fell after the company reported its slowest revenue growth in two years, overshadowing a better-than-expected
2023-08-09 05:23
Georgia Tech announces field naming deal with Hyundai for Bobby Dodd Stadium
The home of Georgia Tech football has been renamed Bobby Dodd Stadium at Hyundai Field following a naming rights agreement between the school and the automaker
2023-08-09 05:18
Local businesses in northern Nigeria feel the sting of regional sanctions against neighboring Niger
A decision by a bloc of West African nations to shut down their borders with Niger as a way of sanctioning its coup plotters is harming local businesses in northern Nigeria, where a cross-border economy has boomed for years
2023-08-09 04:57
Moody's says US banks are still strong despite downgrades
By Lananh Nguyen and Tatiana Bautzer NEW YORK Ratings agency Moody's said the U.S. banking sector is still
2023-08-09 04:57