Corporate News

Uber to give its market value a lift in stock market debut

May 10, 2019

Uber looking to lift its market value even higher in stock market debut

Japanese man, son to be held before US trial in Ponzi case

May 10, 2019

A federal judge reversed a magistrate's decision and ordered a father and son from Japan to remain jailed pending trial on fraud charges in what prosecutors call a $1.5 billion international Ponzi scheme

Uber shifts into lower gear, prices IPO at $45

May 9, 2019

Uber sets the stage for its long-awaited arrival on the stock market by pricing its initial public offering at $45 per share

Drugmaker will donate meds for US push to end HIV epidemic

May 9, 2019

Drugmaker Gilead agrees to donate prevention meds in US push to end HIV epidemic

2 Chinese men indicted for hacking Anthem, 3 other companies

May 9, 2019

The Justice Department says a grand jury has indicted two Chinese men for hacking into the computers of health insurer Anthem Inc. and three other, unnamed companies

Trump calls on Congress to end 'surprise medical bills'

May 9, 2019

Trump wants quick action by Congress to end 'surprise medical bills'

After disrupting shaving industry, Harry's is absorbed by it

May 9, 2019

Harry's, which shook up the shaving industry, is acquired by the owner of Schick

Arkansas company buys remainder of Branson duck boat fleet

May 8, 2019

The company that originally owned a duck boat that sank on a Missouri lake last summer killing 17 people has sold the remainder of its fleet to an Arkansas-based investment company

Disney's 2Q beats estimates despite soft theatrical revenue

May 8, 2019

Disney's adjusted second-quarter net income declined as higher revenue from its parks was not enough to offset lower theatrical revenue

Three Mile Island plant, site of nuclear accident, to close

May 8, 2019

The owner of the site of the United States' worst nuclear power accident says it will proceed with a shutdown of Three Mile Island