S&P 500 futures top 4,800 level ahead of ISM report
S&P 500 futures top 4,800 level ahead of ISM report
S&P 500 futures top 4,800 level ahead of ISM report
Justworks Inc. disclosed Tuesday that it has set terms for its initial public offering, as the profitable New York-based benefits, payroll and human resources software company focused on small and medium-sized business (SMBs) looks to raise up to $224.0 million, and be valued at up to $2.0 billion. The company said it is offering 7.0 million Class A shares in the IPO, which is expected to price between $29 and $32 a share. The stock is expected to list on the Nasdaq under the ticker symbol "JW."... Читать дальше...
Private-equity group TPG seeking $9.5 billion valuation in IPO
TPG Partners LLC, which will be converted to TPG Inc., has set terms of its initial public offering, in which the alternative asset manager with $109 billion in assets under management, is looking to raise up to $877.6 million. TPG said it is offering 28.31 million Class A shares and a selling shareholder is offering 5.59 million shares in the IPO, which is expected to price between $28 and $31 a share. The company expects to have 69.04 million Class A shares, 8.26 million nonvoting Class A shares... Читать дальше...
The daily average of new hospitalizations and COVID-19 cases in the U.S. continues to climb unchecked, with cases more than tripling in two weeks to nearly double the the January peak. While the pace of the rise hospitalizations remains slower than the rise it cases, the seven-day average of COVID-19-related hospitalizations as still reached 97,847 on Monday, up 41% from two weeks ago and the most since Sept. 11, according to a New York Times tracker. The daily average for cases climbed to 486,658... Читать дальше...
Ford to boost production of F-150 electric pickup on surging demand
Shares of Ford Motor Co. jumped 1.8% toward a 21-year high in premarket trading Tuesday, after the auto maker said it plans to nearly double production of its all-electric F-150 Lightning pickups at its Dearborn, Michigan facility to 150,000 trucks per year to meet "soaring customer demand." The company said production of the 2022 F-150 Lightning will begin in the spring. On Thursday, Ford said the first wave of reservation holders for the Lightning will begin converting their reservations to orders... Читать дальше...
Prosecutors say Clarence Rice falsely claimed to be in line to inherit millions but only if the victims helped pay his debts.
China has passed two new rules regulating technology companies' overseas activities and use of algorithms, marking the latest step by Beijing to rein in the country's massive internet sector.
Warner Chappell Music has bought the music-publishing rights to David Bowie’s music catalog from the singer’s estate.
Shares of major Chinese property developers jumped in Hong Kong on Tuesday as the sector picked up from earlier losses amid growing hopes for a sales rebound this year.
AT&T Inc. and Verizon Communications Inc. said they agreed to delay their rollout of a new 5G service for two weeks, reversing course after previously declining a request by U.S. transportation officials.
Fanatics has struck a deal to purchase Topps’ trading card business itself, people familiar with the matter said, furthering its breathtaking takeover of the trading-card landscape that Topps had been a leading figure in for decades.
A private gauge measuring activity in China's manufacturing sector rebounded in December, ending a two-month contraction and reaching the highest level since June, as output remained strong and input cost inflation eased.
The Grammys, slated for Jan. 31, were also postponed last year due to Covid-19, from the end of January to mid-March.
Tesla Inc. has opened a new showroom in Xinjiang, the remote region where Chinese authorities are carrying out a campaign of forcible assimilation against religious minorities that has become a public-relations quagmire for Western brands.
Elizabeth Holmes found guilty on 4 counts of fraud, conspiracy
Popeyes is set to launch in South Korea this year, the latest international move for the chicken brand owned by Restaurant Brands International Inc.
Tesla Inc. market capitalization just grew by more than $100 billion after record quarterly deliveries data.
The AMC Entertainment CEO can't issue new shares, thanks to retail traders dead-set on controlling his float...so will he have to go around them by sleeping with the enemy?
Here's how the 50 best-performers in the S&P 500 fared, plus what Wall Street analysts think will happen this year.
Demand for the Federal Reserve's reverse repurchase program (RPP) climbs to about $1.58 trillion on Monday, signaling high use of the overnight facility into 2022.
All three U.S. stock benchmarks finished higher on Monday after kicking off the first day of trading in 2022 on a choppy note.
The Biden administration is offering $1 billion in aid to independent meat and poultry producers, saying the industry is dominated by a handful of big companies to the detriment of consumers and businesses.
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