The specter of increased regulation looms for the largest of tech companies. Breakups may be in the offing, as might new mandates governing how and when...
U.S. corporate balance sheets have declined since the 2017 tax overhaul signed into law by President Donald Trump, as companies allocated more money to share...
Come on in, the water’s fine. That red ink? Never mind. It’s no secret that ride-hailing firms have had a rough go of it on...
Shares in some tech giant companies fell on Monday (June 3) after news of potential oversight and antitrust investigations into the companies, according to a...
In an earnings call on Friday (May 31), Uber CEO Dara Khosrowshahi said the company was optimistic about the ride-sharing market and the competition within...
New York-based startup WeWork, which rents office space and desks to workers, is looking for a $2.75 billion credit line in anticipation of an upcoming...
With better-than-expected revenues and earnings, DICK’S Sporting Goods’ eCommerce sales jumped 15 percent in the first quarter. The company’s overall reported quarterly earnings beat estimates...
Alibaba, the Chinese eCommerce giant, is reportedly mulling raising $20 billion in a second Hong Kong listing. Bloomberg, citing people familiar with the matter, said...
Shares in Luckin Coffee have fallen 39 percent after its initial public offering (IPO) as investors are worried about the company’s cash-burn strategy. Starbucks’ rival...