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Business

Uber Inc. [NYSE: UBER] Confirms Deal To Buy Postmates Inc. For $2.65 Billion

Abby Carey -
Uber Technologies Inc. confirmed its deal to acquire Postmates Inc. on Monday for $2.56 billion in stock. Earlier, the news that Uber has...
Business

Dominion Inc. [NYSE: D] And Duke [NYSE: DUK] Abandon $8 Billion Atlantic Coast Pipeline Project

Abby Carey -
Dominion Energy Inc. and Duke Energy Corp. annuounced that they have decided to cancel the $8 billion Atlantic Coast Pipeline project. Both the companies...
Business

Facebook Inc. [NASDAQ: FB] Plans To Close Lasso And Hobbi

Abby Carey -
Facebook Inc. has decided to close two of its apps named Lasso which is similar to TikTok. It allows users to create and...
Business

Alexion, Inc. [NASDAQ: ALXN] Agrees To Pay $21 Million To Resolve SEC Charges

Abby Carey -
The Securities and Exchange Commission declared today that pharmaceutical company Alexion Pharmaceutical, Inc. has accepted that it will pay $21 million to resolve...
Business

Ryanair [NASDAQ: RYAAY] Plans To Reduce 3, 500 Jobs If Pay Cuts Not Decided

Abby Carey -
CEO of Ryanair Holdings Plc, Michael O’Leary, announced Wednesday that Irish airline has decided to cut 3,500 jobs if it cannot make the decision...
Business

Wirecard AG Start Operation After FCA Lift Restrictions

Dwinnex Team -
Wirecard AG resumed its operations after FCA of UK provide an authorization to Wirecard to re-start payment & e-money services. FCA has ceased...
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