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| WeWork Spends a Lot of Cash. An IPO Could Help Keep Up the Flow By turning to the public markets, office-space company WeWork Cos. could find a key to maintaining rapid growth: more cash. Nine-year-old WeWork, which on Monday said it filed confidentially for an initial public offering in December, has been a prodigious ... | |
| Oil tops $73 on Venezuela turmoil, Saudi support for OPEC cuts LONDON (Reuters) - Oil prices topped $73 on Tuesday as Venezuela's opposition leader called on the military to back him to end Nicolas Maduro's rule and Saudi Arabia said a deal between producers to curb output could be extended to the end of 2019. | |
| Nothing found after plane security alert at Glasgow Airport A plane at the centre of a security alert at Glasgow Airport was found to have nothing suspicious on board. All flights were suspended to and from Glasgow Airport after the crew on the aircraft, which had just landed from Gatwick, raised the alarm at 10:25. | |
| Suddenly a Bullish Case Builds for Europe's Unloved Assets Stocks are " uniquely hated," the currency can't catch a break and Japanese-style economic stagnation apparently looms -- and yet calls to buy Europe are ringing. Societe Generale SA became the latest big name to preach euro-area bullishness on Tuesday, ... | |
| Uber and Lyft Stop Hiring New Drivers in NYC On the heels of Lyft's (NASDAQ:LYFT) initial public offering and just ahead of Uber's upcoming IPO, the two ridesharing companies have both stopped hiring new drivers in New York City, according to Politico. Uber reportedly stopped bringing new drivers on ... | |
| Tesla's Newest Solar Strategy: Drastic Price Cuts and a $99 Deposit Tesla is slashing prices on its solar installations in an effort to regain its leadership in the residential solar market. Yesterday, a Tesla spokesperson told GTM, "We are making some big changes to the ways we sell solar," adding "It's the culmination of a lot of ... | |
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| US Consumer Confidence Rose in April on Brighter Economic View U.S. consumer confidence rebounded in April as Americans felt more optimistic about present and future economic conditions, underscoring how a tight labor market and higher wages are underpinning attitudes amid some uncertainty. The Conference ... | |
| Gold revives win streak as stock open looks uncertain, dollar slips Gold futures advanced Tuesday, trying for what would be the fourth positive day in the past five sessions, as the dollar eased and a degree of uncertainty crept into a stock market that's still holding near record highs. Gold gained as stock-index futures pointed ... | |
| FCA leans on Harman and Google for new connected-car services In the US, it's been generally acknowledged that Fiat Chrysler has kept its focus on the older-school elements of the auto industry while others have gone all-in on things like electrification and connectivity. But now, its Uconnect telematics are set to receive a ... | |
| Mastercard's Revenue and Profit Continue to Grow Mastercard Inc. MA 3.41% revenue rose in the latest quarter as the global payments company got a boost from its geographical expansion and a growing number of credit-card transactions from online shopping. The Purchase, N.Y., company reported net ... | |
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| 15 mezcal cocktails to celebrate Cinco de Mayo in Tampa Bay The margarita has reigned as the go-to Cinco de Mayo cocktail for long enough, don't you think? This year, start a new holiday sipping ritual with libations that call for another agave-based liquor: mezcal. Unlike tequila, which must only be made from blue ... | |
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| How To Watch Mark Zuckerberg's F8 Keynote Facebook's annual F8 developer conference kicks off Tuesday, following three straight years of near constant crisis for the social networking giant. Facebook has traditionally used the two-day conference to show off the nifty new tools and products that will ... | |
| Jaguar to move Land Rover Defender production to Slovakia NEW DELHI (Reuters) - British carmaker Jaguar Land Rover (JLR) will move the assembly of its Land Rover Defender to its plant in Slovakia to make room for newer models at its factory in Britain, the company said on Tuesday. The Defender 4X4, which is ... | |
| Chewy.com hopes to overcome gnawing Wall Street memories PetSmart's online pet store Chewy is selling its stock in an initial public offering that may revive memories of the days when its breed of internet retailing seemed like a lost cause. Continue Reading Below. The Dania Beach, Florida, company is setting out to ... | |
| Transat in 'preliminary' talks for takeover Transat AT Inc. says it is in preliminary talks regarding the possible sale of the company. The announcement came as the company prepared to hold its annual meeting in Montreal. The travel company says it is in talks with more than one party regarding a ... | |
| Merck raises outlook on rising drugs sales Merck raised its outlook for the full year after better than expected sales and earnings driven by soaring sales of its immuno-oncology treatment Keytruda and sales of cancer drugs and vaccines in China. The US pharmaceutical company now expects revenue ... | |
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| Plant-based 'Beyond Burger' now available in Dutch supermarkets Good news for Dutch meat lovers who also want to make a more environmentally-friendly choice with their meals. The plant-based Beyond Burger is now available at over 700 Albert Heijn stores in the Netherlands. The Beyond Burger is a plant-based burger ... | |
| Kenya Airways reports Sh5.9 billion net loss in 2018 ... • Even so, the total revenue for the year grew to Sh114.4 billion compared to Sh80.7 billion in 2017. CEO Sebastian Mikosz during the release of Kenya Airways results./COURTESY. Kenya Airways net losses for the year ended December 2018 rose to ... | |
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