Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Exclusive: Instacart taps Goldman Sachs to lead IPO at $30 billion valuation – sources
By Joshua Franklin and Anirban Sen (Reuters) - Instacart has picked Goldman Sachs Group Inc to lead its initial public offering (IPO), which could come early next year and value the U.S. grocery deliv...
Nov 12, 2020
U.S. government appeals order blocking TikTok ban from taking effect
WASHINGTON (Reuters) - The U.S. Justice Department said on Thursday it had appealed a Pennsylvania judge's Oct. 30 order that blocked the government from imposing restrictions on Chinese-owned TikTok ...
Nov 12, 2020
Cisco beats quarterly revenue estimates
(Reuters) - Cisco Systems Inc on Thursday reported smaller-than-expected drop in first-quarter revenue as more people working from home during the COVID-19 pandemic drove demand for its teleconferenci...
Nov 12, 2020
Disney posts smaller-than-expected drop in quarterly revenue, shares rise
(Reuters) - Walt Disney Co reported a smaller-than-expected drop in fourth-quarter revenue on Thursday, as the company added new streaming customers and its theme parks reopened after the COVID-19-ind...
Nov 12, 2020
U.S. says still confirming who will lead U.S. APEC delegation next week
WASHINGTON (Reuters) - U.S. Deputy Secretary of State Stephen Biegun will represent the United States at next week's Asia-Pacific Economic Cooperation ministerial meeting, while Washington is still co...
Nov 12, 2020
Fired Amazon worker files discrimination lawsuit over pandemic conditions
By Jonathan Stempel NEW YORK (Reuters) - A former Amazon.com Inc worker who protested conditions at his New York City fulfillment center sued the retailer on Thursday, accusing it of discrimination fo...
Nov 12, 2020
Future of Dakota Access pipeline uncertain as Biden presidency looms
By Laila Kearney NEW YORK (Reuters) - The election of Democrat Joseph Biden could create more headaches for the Dakota Access Pipeline's (DAPL) owners, who are already embroiled in legal battles to ke...
Nov 12, 2020
U.S. senator urges FTC to interview Facebook ex-officials
By Diane Bartz WASHINGTON (Reuters) - Senator Marsha Blackburn, a Republican and a tough critic of the big tech companies, urged the Federal Trade Commission on Thursday to interview some former emplo...
Nov 12, 2020
JetBlue says will phase out seat blocks by early 2021
By Tracy Rucinski (Reuters) - JetBlue Airways is gradually removing seat blocks set up on its flights early in the pandemic, with all available seats up for sale after the holiday travel season, the b...
Nov 12, 2020
Chinese President Xi Jinping decided to halt Ant’s IPO: WSJ
(Reuters) - China's President Xi Jinping personally decided to pull the plug on Ant Group's $37-billion initial public offering, the Wall Street Journal reported on Thursday, citing Chinese officials ...
Nov 12, 2020
