Business

Aiming for $6.4B valuation, Reddit is going public. Here's what to expect

Company aiming for $6.4 billion US valuation when it launches its IPO this month

• 1 years ago

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  Editors Desk

Yeezy fiasco helps push Adidas into loss as US sales continue to fall

• 1 years ago

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  Editors Desk

Twist after Boeing whistleblower’s death

Lawyers representing the man who exposed the dodgy dealings with Boeing are calling for a full investigation into his sudden death.

• 1 years ago

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  Editors Desk

Boeing is in big trouble

• 1 years ago

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  Editors Desk

Capital One and Discover merger ‘dangerous’, consumer groups tell Fed

Coalition of advocacy groups warn that deal would ‘further concentrate risk’ in the financial system and ‘must be stopped’

• 1 years ago

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  Editors Desk

You Can Now Buy Shares in Music by Beyoncé or Taylor Swift

Startup JKBX is offering securities backed by the royalty streams from songs recorded by popular artists

• 1 years ago

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  Editors Desk

Macy’s takeover bidders increase offer to $6.6 billion

• 1 years ago

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  Editors Desk

​Elon explodes as lawyers demand $442k/hour ​

Elon Musk has reacted with fury after lawyers involved in his Tesla compensation package lawsuit asked for $9 billion in legal fees.

• 1 years ago

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  Editors Desk

JetBlue pulls out of deal to buy Spirit Airlines

• 1 years ago

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  Editors Desk

Kanye spirals after new Adidas release

Kanye West took to the internet to slam Adidas for releasing shoes “with his name on it” and the company responded with this letter.

• 1 years ago

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  Editors Desk

Oprah Winfrey to leave board of Weight Watchers

Oprah Winfrey is to leave the board of Weight Watchers, in a fresh blow to a company struggling to compete against the popularity of weight-loss drugs.

• 1 years ago

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  Editors Desk

Macy’s is closing 150 stores

Macy’s will close 150 stores over the next three years, 50 by the end of 2024 after posting a fourth quarter loss and declining sales

• 1 years ago

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  Editors Desk

Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway

• 1 years ago

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  Editors Desk

Head of British Rothschild family dies

Lord Jacob Rothschild has passed away at the age of 87, his family announced on Monday

• 1 years ago

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  Editors Desk

US chipmaker Nvidia hits $2tn value amid artificial intelligence boom

Company blows past Wall Street’s expectations with 265% jump in sales after hailing ‘tipping point’ for AI

• 1 years ago

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  Editors Desk

Thousands of AT&T Customers Lose Cell Service

Nearly 75,000 customers reported problems texting, making calls on Downdetector.

• 1 years ago

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  Editors Desk