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Business
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Food Delivery Company, DoorDash, to Sell Shares for $102 per Share in IPO
DoorDash is set to go public with its shares in its Initial Public Offering (IPO) and anonymous sources…
ATG, Uber’s Self-driving Transportation Unit, Sold to Aurora for About $4 Billion
Advanced Technologies Group, one of the subsidiaries of ride-hailing giant, Uber, has been sold to one of its…
NLRB Files Complaint against Google for Firing Workers Involved in Union Activities
The National Labor Relations Board (NLRB) has filed a complaint against California-based tech giant, Google, and its parent…
Walt Disney Plans to Lay Off 32,000 Employees in March Next Year
By the end of March 2021, Walt Disney will have 32,000 fewer employees, according to information the company filed…
Purdue Pharmaceuticals Pleads Guilty to Criminal Charges in Opioid Crisis
Purdue Pharma, the manufacturer of OxyContin, entered a guilty plea before US District Judge Madeline Cox Arleo on…
Taubman Agrees on Merger Deal with Simon; Initial Deal Revised by $800 Million Price Cut
One of the country’s largest mall owners, Simon Property Group, has renegotiated a lower price in its merger…
Walmart Sells Majority Stakes in Seiyu to KKR and Rakuten; Walmart May Exit Japan
Walmart plans to sell its majority stake in its Japanese supermarket chain Seiyu, to investment firm KKR and…
China Leads 14 Other Countries to Set Up the World’s Largest Trading Bloc
China, in an unprecedented move, led 14 other countries to set up the world’s largest trading bloc, which comprises…
Deutsche Bank Says Employees Working from Home Should Pay 5% Privilege Tax
A study from Deutsche Bank has proposed that employees working from home after the pandemic should pay a 5%…
Appeals Court Upholds Harvard’s Affirmative Action Policy on Asian-American Applicants
A Boston-based federal appeals court on Thursday upheld an earlier ruling that cleared Harvard University of discrimination against Asian-American…