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Uber Proposals Value Company at $120 Billion in a Possible IPO - Wall Street Journal
Uber Technologies Inc. recently received proposals from Wall Street banks valuing the ride-hailing company at as much as $120 billion in an initial public offering that could take place early next year, according to people familiar with the matter.
Mega Millions, Powerball jackpots worth over $1 BILLION! - WSB Atlanta
ATLANTA - The Mega Millions jackpot has jumped again to a record $667 million. The lottery says it increased the winnings because of the "brisk sales." LIVE coverage and updates on the jackpot all day on Channel 2 Action News. Content Continues Below.
US Judge Approves SEC Settlement With Tesla, Musk; Shares Jump - U.S. News & World Report
(Reuters) - A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous period for investors.
Lyft's latest pitch: 30 rides for $299 - USA TODAY
No. 2 ride-hailing company Lyft has a pitch for passengers: a monthly subscription plan, offering 30 rides for $299. The fine print: each ride is worth $15 and if you take a longer route that's worth more, you'll pay the difference. And if your ride is ...
Best Buy, now the 'last man standing,' will benefit from Sears bankruptcy, analyst says - CNBC
If Sears fails to emerge from bankruptcy court, Best Buy may see a hearty influx of customers and a boost its bottom line, Loop Capital said Tuesday. Sears filed for bankruptcy protection Monday, an event Loop Capital analyst Anthony Chukumba said "is ...
WOW Air retrenching? Service to three Midwest cities axed - USA TODAY
WOW Air's aggressive expansion into the U.S. Heartland has run into turbulence. The Icelandic budget airline, known for offering one-way fares as low as $99 from the USA to Iceland and Europe, says it will ax service to three Midwestern cities. WOW's ...
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Walmart on Tuesday cut its earnings outlook, as it previously warned it would do this, citing the impact of its acquisition of Indian e-commerce company Flipkart. The company also said e-commerce growth will be less robust next fiscal year, as it's ...
Stocks rose sharply on Tuesday after the release of strong quarterly results from some of the largest U.S. companies helped the market recover from last week's sell-off. The Dow Jones Industrial Average surged 400 points, with UnitedHealth outperforming.
The price of beer could rise sharply this century — and it has nothing to do with trends in craft brewing. Instead, a new study says beer prices could double, on average, because of the price of malted barley, a key ingredient in the world's favorite ...