Uber takes IPO roadshow to New York as demand builds up
Uber Technologies Inc CEO Dara Khosrowshahi and his top management team took the ride-hailing giant’s investor roadshow for its initial public offering to New York on Tuesday, as demand for its shares already exceeded supply.
Nasdaq retreats after Alphabet drop; S&P 500 posts record
The Nasdaq fell on Tuesday as shares of Google-parent Alphabet tumbled following a revenue miss and Apple dropped ahead of its results, though the S&P 500 eked out another record closing high.
Frothy markets turn dealmaker Warren Buffett into a bankroller
For Warren Buffett, when all else fails, repeat what works.
U.S. attorney general recuses self from T-Mobile, Sprint merger probe
U.S. Attorney General William Barr has recused himself from the Justice Department’s deliberations on whether to allow T-Mobile to proceed with its $26 billion acquisition of Sprint, according to a source familiar with the decision.
U.S. inflation muted, economic outlook strengthening
U.S. labor costs increased steadily in the first quarter as a jump in transportation and manufacturing wages was offset by small gains elsewhere, pointing to moderate inflation pressures even as the labor market tightens.
Facebook overhauls messaging as it pivots to privacy
Facebook Inc debuted an overhaul of its core social network on Tuesday, taking its first concrete steps to refashion itself into a private messaging and e-commerce company as it tries to move past a stream of scandals while tapping new revenue sources….
Equities dip on China data, Alphabet results; euro strengthens
Global equity markets edged lower on Tuesday, weighed by weak Chinese business surveys and a tumble in shares of Google parent Alphabet, while the euro strengthened on the heels of data that showed euro zone growth topped expectations.
Facebook gives first look at its promised overhaul
Facebook Inc on Tuesday debuted an overhaul of its core social network and introduced new business-focused tools, the first concrete steps in its plan to refashion itself into a private messaging and e-commerce company.
Facebook redesigns app, rolls out dating service to 14 more countries
Facebook Inc on Tuesday unveiled a redesigned app and rolled out its dating feature to 14 more countries as it tries to boost user-engagement on its social network.
Wall Street’s record run hits snag after Alphabet tumbles
The S&P 500 and the Nasdaq on Tuesday retreated from all-time highs hit in the previous session, after shares of Google-parent Alphabet tumbled following a revenue miss and Apple dropped ahead of its results.
