Mobile payments company Square Inc, headed by Twitter Inc Chief Executive Jack Dorsey, said it expects its initial public offering to price at between $11 and $13 per share, valuing the company up to $4.2 billion. The company, which expects to raise over $403.7 million, had initially set a fundraising target of $275 million when […]
The tragedy is already having a profound impact on Egypt’s tourism industry as well as diplomatic relations.
WASHINGTON (Reuters) – Solid growth in the number of U.S. jobs last month greatly boosts the case for a December interest rate hike by the Federal Reserve, where policymakers have begun to worry the economy might eventually overheat without higher borr…
Job growth surged, rebounding from a slowdown that raised fears about whether global slowness was infecting the U.S.
Facebook’s Messenger app has taken on a life of its own ever since the social network giant made an unpopular move last year and chiselled it out from the main Facebook experience. Despite making it harder for friends to communicate, requiring two separate apps for private messaging and general networking, Facebook Messenger uptake soared. Yes, […]
MARIANA, Brazil (Reuters) – At least two people were killed and 30 others injured after two dams collapsed at a Brazilian iron ore mine, officials said on Friday, as rescuers searched for the missing under mud and debris from colossal floods that devas…
THIS week’s print edition has an array of economics articles that may be of interest. The following have particularly caught our eye:This week’s Buttonwood column, which argues that Americans are not saving enough for their retirement.Our coverage of h…
(Reuters) – Alibaba Group Holding Ltd agreed to buy Youku Tudou Inc – popularly known as “China’s YouTube” – for about $3.7 billion, slightly more than it had offered in October.
NEW YORK (Reuters) – Valeant Pharmaceuticals International said on Friday that Goldman Sachs sold 1.3 million shares of Valeant on Nov. 5 that were securing loans made to its CEO Michael Pearson.
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A new release for BlackBerry on Friday, featuring some Google-developed software, has won over critics who are calling it the “best BlackBerry in a decade.”
Four former delivery drivers for Amazon Prime Now, or APN, last week filed a lawsuit against Amazon, arguing they should have been classified as employees rather than independent contractors. The suit also names Scoobeez, the courier service through which they worked for Amazon; ABT Holdings, Scoobeez’s parent company; and 10 John Does as co-defendants.