IPO

Slack just changed its stock ticker weeks before its expected IPO. Instead of 'SK' Slack wants to be 'WORK'

Slack just changed its stock ticker weeks before its expected IPO. Instead of 'SK' Slack wants to be 'WORK'

5 hours ago   |   Business Insider

Slack updated its IPO paperwork on Monday with a new ticker symbol. The company will go public on the New York Stock Exchange with the ticker "WORK." It previously filed to...
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This Year's Tech IPOs Are Raising an Average of $2.2 Billion

This Year's Tech IPOs Are Raising an Average of $2.2 Billion

13 hours ago   |   Fortune

Welcome to the year of the giant tech IPO. A cavalcade of so-called unicorns, privately held companies valued at $1 billion or more, is galloping toward supersize initial...
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Lyft dips after lawsuit claims the company misled investors in its IPO prospectus

14 hours ago   |   CNBC

The suit claims Lyft failed to disclose issues it knew about concerning its bike-sharing program and labor.
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BlackRock and other big investors spoil the Uber party

19 hours ago   |   eFinancial News

Rather than buying more shares in the Uber IPO, investors including BlackRock, Tiger Global tried to sell stock before or as part of the offering
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Uber's historic loss, Lyft's abysmal month, Pinterest's earnings disaster: Why the white-hot IPO market is full of duds

Uber's historic loss, Lyft's abysmal month, Pinterest's earnings disaster: Why the white-hot IPO market is full of duds

1 day ago   |   Business Insider

The US initial-public-offering market has been packed with high-profile debuts of all sizes this year. But some of the most widely anticipated launches have faltered in their...
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Uber parties for IPO were so wild an employee had to resign

Uber parties for IPO were so wild an employee had to resign

2 days ago   |   New York Post

Hopefully Uber drivers on duty skipped these alcohol-fueled company parties. In-house bashes on the day the company went public reportedly got so out-of-hand that one was shut...
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Uber, Lyft and Pinterest prove that private investors are sucking up all the value

2 days ago   |   CNBC

Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.
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How WeWork's CEO grew a $10 billion relationship with SoftBank CEO Masayoshi Son, whom he calls 'Yoda'

How WeWork's CEO grew a $10 billion relationship with SoftBank CEO Masayoshi Son, whom he calls 'Yoda'

2 days ago   |   Business Insider

Masayoshi Son is the founder and CEO of the Japanese holding company SoftBank, which is a major investor in scaling American companies, including WeWork. WeWork cofounder and...
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Lyft is sued by investors over IPO

3 days ago   |   Reuters

Lyft is sued by investors over its initial public offering - court filing
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WeWork's CEO and CFO provide the math behind their belief that the $47 billion company won't collapse when a recession hits

WeWork's CEO and CFO provide the math behind their belief that the $47 billion company won't collapse when a recession hits

3 days ago   |   Business Insider

Red flags are waving for analysts as WeWork prepares to go public. The unprofitable company is burning cash and real estate companies typically don't do well during...
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Andrea, Atlantic season's 1st named subtropical storm, forms

Andrea, Atlantic season's 1st named subtropical storm, forms

Subtropical storm Andrea has formed 335 miles southwest of Bermuda. Read more ...

The White House has ordered former counsel Don McGahn not to comply with...

The White House has ordered former counsel Don McGahn not to comply with House Democrats' subpoena demanding he testify

The Trump administration is instructing former White House counsel Don McGahn to not comply with a subpoena demanding he testify on Tuesday, according to the New York... Read more ...

Women's clothing chain Dressbarn to close all its 650 stores: 'Decision was...

Women's clothing chain Dressbarn to close all its 650 stores: 'Decision was difficult, but necessary'

A business that owns Ann Taylor, Lane Bryant and other clothing stores is closing the decades-old staple Dressbarn. Read more ...

Parents of dead West Point cadet can use his sperm, judge rules

Parents of dead West Point cadet can use his sperm, judge rules

A judge has cleared the way for the parents of a 21-year-old West Point cadet who died in a skiing accident to use his frozen sperm to produce a child. Read more ...

'Sesame Street' introduces Karli, a Muppet in foster care

'Sesame Street' introduces Karli, a Muppet in foster care

In an effort to support foster children and families, there's a new Muppet family living on Sesame Street. Read more ...

Ford announces cuts to 10% of its workforce, totaling 7,000 jobs

Ford announces cuts to 10% of its workforce, totaling 7,000 jobs

The company says it is undertaking a major restructuring, and that it will trim thousands of jobs by August. Read more ...

Kings Island offering free admission to military, veterans this weekend

Kings Island offering free admission to military, veterans this weekend

Kings Island is offering free admission to active and retired members of the U.S. military during the Memorial Day holiday weekend. Read more ...

Sanchez homers in 9th, helps rally Yankees past Orioles 10-7

Sanchez homers in 9th, helps rally Yankees past Orioles 10-7

BALTIMORE - Gary Sánchez hit a three-run homer in the ninth inning to cap a New York rally fueled by Baltimore gaffes, and the Yankees pulled out a 10-7 victory Monday night. Read more ...

F1 champion and aviation entrepreneur Niki Lauda dies at 70

F1 champion and aviation entrepreneur Niki Lauda dies at 70

BERLIN - Three-time Formula One world champion Niki Lauda, who won two of his titles after a horrific crash that left him with serious burns and went on to become a prominent... Read more ...

Judge Rules Against Trump In Financial Records Dispute With Congress

Judge Rules Against Trump In Financial Records Dispute With Congress

A federal judge said Monday that the president cannot block a House subpoena to Mazars USA, an accounting firm for Trump and his businesses. Read more ...