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Instacart Inc. Files for Initial Public Offering for a Probable Listing

According to information on the matter, grocery delivery company Instacart Inc. has confidentially filed for an initial public offering. More on the upcoming IPO of...
Business News

Star Manager of Blackrock’s Hedge Fund in Selling Spree as Fund Loss Increases

Alister Hibbert, the star money manager of BlackRock Inc., has turned bearish with sharp declines in stocks leading to his hedge fund facing the...
Business News

Bausch + Lomb IPO Subscribed at a Lower Than Marketed Price, Raising $630 Million

Canada's eye health care company Bausch + Lomb Corp. has priced its IPO below the marketed range to raise $630 million, dimming hopes of...
Business News

Zillow Stocks Decline after Housing-Market Outlook of High Rates and Low Inventories

Zillow Group Inc.'s share prices fell by 13% in late trading on Tuesday after a disappointing outlook raised investors’ fears about the rising interest...
Business News

An Upbeat Travel Outlook Sees Airbnb Looking for a Busy Summer Season

The shares of Airbnb Inc. gained 6% during extended trading after the company forecasted the current quarter earnings that look to surpass the Wall...
Business News

Musk’s Twitter Acquisition Features New Ideas for Monetization and Job Cuts

Elon Musk, who negotiated a $44 billion deal to buy Twitter Inc., told bankers that he would focus on the social media company's bottom...
Business News

Beneficiaries of Texas Tax Breaks That Include Tesla and Samsung Set to Expire

Texas, which used key incentives like tax breaks to attract multibillion-dollar investments from companies like Samsung Electronics Co. and Tesla Inc., is set to...
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