News

Netflix’s Reed Hastings exercised $612 mln from stock options in 2020

Netflix Inc (NFLX.O) co-Chief Executive Officer Reed Hastings realized $612.13 million from exercising his stock options in 2020, a year of bumper…

5 years ago

U.S. manufacturing, new homes sales underscore booming economy

U.S. factory activity powered ahead in early April, though manufacturers increasingly struggled to source raw materials and other inputs as…

5 years ago

Verizon loses more-than-expected wireless subscribers

Verizon Communications Inc (VZ.N) said on Wednesday it lost more wireless subscribers than expected during the first quarter as it battled intense…

5 years ago

Merck plans large outpatient trial of COVID-19 pill, stops study in hospitalized patients

(Reuters) - Merck & Co Inc on Thursday said it plans a large study of what could become the first…

5 years ago

Cathie Wood’s Ark buys into Coinbase, sells a bit of Tesla

LONDON (Reuters) - Cathie Wood’s Ark funds bought $246 million worth of Coinbase shares on the cryptocurrency exchange’s Nasdaq debut…

5 years ago

Polish watchdog says eyeing legal steps over PKN Orlen newspaper deal

WARSAW (Reuters) - Polish antitrust regulator UOKiK said on Tuesday it was examining further legal steps after a court suspended…

5 years ago

Grab agrees world’s biggest SPAC merger, valued at $40 billion

SINGAPORE (Reuters) -Southeast Asia’s biggest ride-hailing and food delivery firm, Grab Holdings, agreed a merger on Tuesday with U.S.-based Altimeter…

5 years ago

Exclusive: China’s Didi picks Goldman, Morgan Stanley for mega U.S. IPO – sources

HONG KONG (Reuters) - China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its…

5 years ago

Exclusive: Roughly 500 ballots challenged in Amazon’s landmark union election

(Reuters) - Roughly 500 ballots submitted in Amazon.com Inc’s landmark union election have been challenged in a contest that will…

5 years ago

Asia shares loiter as S&P futures climb fresh peak

SYDNEY (Reuters) - Asian share markets lagged on Thursday as U.S. stock futures nudged to another record high after the…

5 years ago