Finance

Ticket reseller StubHub’s IPO 20 times oversubscribed, source says

Ticket reseller StubHub’s IPO 20 times oversubscribed, source says

By Ateev Bhandari (Reuters) -Ticket reseller StubHub, which delayed its U.S. listing in April amid market volatility, has drawn over 20 times as many orders for its planned initial public offerin...

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Winklevoss Twins Call for $1 Million Bitcoin Price as Gemini Goes Public

Winklevoss Twins Call for $1 Million Bitcoin Price as Gemini Goes Public

Crypto entrepreneurs Tyler and Cameron Winklevoss—the founders of the newly public crypto exchange, Gemini—have predicted that Bitcoin will hit a price of $1 million per coin as it “disrupts...

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Union Pacific CEO says he had talks with Trump on $85 billion plan to buy Norfolk

Union Pacific CEO says he had talks with Trump on $85 billion plan to buy Norfolk

By Sabrina Valle NEW YORK (Reuters) -Union Pacific Corp CEO Jim Vena met with U.S. President Donald Trump in the Oval Office to discuss the railroad’s proposed $85 billion buyout of Norfolk...

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what US central bankers are saying

what US central bankers are saying

By Ann Saphir (Reuters) -The Federal Reserve is expected to deliver its first interest-rate cut this year at its September 16-17 meeting, as it moves to counter a cooling labor market even as inf...

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Transit tech firm Via valued at $3.5 billion as shares fall in NYSE debut

Transit tech firm Via valued at $3.5 billion as shares fall in NYSE debut

(Reuters) – Via Transportation shares fell 4.4% in their NYSE debut on Friday, valuing the transit technology maker at $3.5 billion. The New York-based company’s stock opened at $44, ...

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Boeing workers continue strike after rejecting latest offer

Boeing workers continue strike after rejecting latest offer

Boeing’s weeks-long strike doesn’t have an end in sight after workers rejected the aviation maker’s latest offer. The striking defense workers voted against the proposed agreement on Frida...

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