Box’s shares soared 66 percent in their stock market debut Friday despite the online storage provider’s decade-long history of losses, a showing that may encourage more unprofitable technology startups to go public this year.
Uber’s $40 billion valuation had investors from Wall Street to Silicon Valley abuzz a day after the ride-sharing company announced it had received more money from venture capitalists than any private company this year.
Alibaba’s stock is surging as the Chinese e-commerce powerhouse’s begins its first day trading as a public company.
Google’s IPO, a decade ago this week, launched the company on a trajectory that continues to reshape its business and much of the world in its orbit.
Many of New York’s top attractions can be visited for free or at a discount.
A federal judge imposed a $1.3 billion civil penalty against Bank of America for its role in selling risky mortgages to Fannie Mae and Freddie Mac. This is the first time a bank has been found liable under federal law for mortgage fraud leading up to the financial crisis
General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
Investors are worried about slower economic growth in China, a gloomier outlook for U.S. corporate profits and an end to easy money policies in the United States and Europe. They’re also fretting over country-specific troubles around the world—from economic mismanagement in Argentina to political instability in Turkey.
A growing number of celebrities, athletes and self-promoters are burnt out and signing off of Twitter. Many have gotten overwhelmed…
Higher software revenue helped lift Oracle Corp.’s fiscal first-quarter net income by 8 percent.