Business & Finance News
Oil prices were firm on Friday, supported by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petroleum exporters Iran and Venezuela.
Uber Technologies Inc’s initial public offering filing on Thursday contains data that will be key to selling itself to investors.
Amazon.com Inc Chief Executive Jeff Bezos on Thursday challenged retailers to hike their minimum wages to $16 an hour, prompting a comeback from Walmart Inc which asked its rivals to pay taxes.
Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offering filing.
Southwest Airlines Co said on Thursday it would remove its 34 Boeing Co 737 MAX jets from its flying schedule through Aug. 5, leading to around 160 daily flight cancellations during the revised summer schedule.
Boeing Co’s chief executive said on Thursday that a software update designed to prevent disasters like two recent fatal crashes involving its 737 MAX is working, with about two-thirds of the fast-selling jetliner’s customers having seen the fix in simulator sessions.
Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offering filing.
Boeing Co’s chief executive said on Thursday that about two-thirds of the planemaker’s 737 MAX customers have joined simulator sessions with a software update designed to prevent disasters like two recent fatal crashes involving its best-selling jetliner.
Uber Technologies Inc on Thursday revealed its initial public offering (IPO) filing, saying more than 90 million riders used the service worldwide while warning it may never make a profit due to pressure from rivals.
The S&P 500 ended little changed on Thursday as growing anxiety over a global economic slowdown offset upbeat data and investors waited for earnings season to kick into high gear.
Uber Technologies Inc on Thursday filed publicly with the U.S. Securities and Exchange Commission for its initial public offering (IPO), taking it a step closer to one of the largest technology stock listings of all time.
The S&P 500 ended flat on Thursday as investors waited for earnings season to kick into high gear, but healthcare stocks fell.
Campbell Soup Co is nearing a deal to sell its fresh food unit’s Bolthouse Farms for about $500 million to a group led by the former chief executive officer of the brand, the Wall Street Journal reported on Thursday.
Boeing Co Chief Executive Dennis Muilenburg said on Thursday that 67 percent of its more than 50 737 MAX customers have tested the manufacturer’s software fix in simulator sessions, with additional tests expected in the coming weeks.
A gauge of global equity markets slid on Thursday as investors waited for U.S. first-quarter earnings reports while Treasury yields rose after strong U.S. data and a six-month extension of a deadline for Britain to leave the European Union.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
