Uber Is Closing a Business It Bought for Over $1 Billion Three Years Ago

[ad_1] Jan. 16, 2024 11:01 am ET Uber said it’s shutting down Drizly, the alcohol-delivery service it acquired for $1.1 billion in 2021. Drizly said Monday that it would accept…

The Best Stock Funds of 2023

[ad_1] Driven by a rebound in large and megacap stocks, in particular the “Magnificent Seven” technology companies, mutual-fund managers who saw double-digit losses in the market rout in 2022 found…

Nasdaq Beats NYSE in IPO Race for Fifth Year in a Row

[ad_1] Updated Dec. 29, 2023 6:39 pm ET Nasdaq beat the New York Stock Exchange in the battle for initial public offerings in 2023, the fifth consecutive year in which…

Nasdaq Set to Beat NYSE in IPO Race for Fifth Year in a Row

[ad_1] Nasdaq is on track to beat the New York Stock Exchange in the battle for initial public offerings in 2023, the fifth consecutive year in which the once-dominant NYSE…

Uber, Jabil, Builders FirstSource to Join S&P 500

[ad_1] Uber Technologies, Jabil and Builders FirstSource will join the S&P 500, S&P Global said Friday. The three will replace Sealed Air, Alaska Air Group and SolarEdge Technologies in the…

The Score: Uber, Warner Bros. Discovery, Take-Two Interactive Software and More Stocks That Defined the Week

[ad_1] The Score is a weekly review of the biggest stock moves and the news that drove them. Uber Technologies Uber and Lyft’s latest earnings told a tale of two…

Tech Giants Spend Billions on AI Startups—And Get Just as Much Back

[ad_1] Updated Nov. 3, 2023 1:41 pm ET Amazon, Google and Microsoft have spent the past year investing billions of dollars in artificial-intelligence startups—while also charging those fledgling companies a…

Uber, Lyft to Pay New York $328 Million Over Wage-Theft Claims

[ad_1] Uber and Lyft have agreed to pay a combined $328 million to resolve the New York attorney general’s allegations that the ride-hailing giants cheated drivers out of their wages.…

Visa, Mastercard Want a Slice of Africa’s Mobile Money

[ad_1] Oct. 18, 2023 11:00 pm ET Listen to article (2 minutes) JOHANNESBURG—African fintech companies have found creative ways to help the continent’s consumers spend their money. Traditional payments companies…

The Market-Beating Investment That’s Defying Wall Street Skeptics

[ad_1] Rising interest rates are boosting risky corporate-loan returns instead of hurting them. [ad_2] Source link