Ant to Buy Back Shares at 70% Lower Valuation Than at IPO
Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an
2023-07-08 12:29
Ant's share repurchase plan values firm at nearly $79 billion
SHANGHAI Ant Group on Saturday announced a share repurchase plan that values the fintech giant at 567.1 billion
2023-07-08 10:57
Weeklong dock strike on Canada's west coast is starting to pinch small businesses, experts say
Experts say Canadian consumers aren’t yet feeling the impact of the weekold port strike in British Columbia, but businesses are beginning to be pinched by the shutdown of docks that handle 25% of the country’s foreign trade
2023-07-08 10:57
California utility pays $22 million to settle federal claims over 2016 wildfire
Southern California Edison and two other companies have paid $22 million to settle U.S. government claims that they caused a 2016 wildfire that burned thousands of acres of national forest
2023-07-08 10:21
Rail union says Virginia derailment renews questions about Norfolk Southern's safety practices
The union that represents locomotive engineers says a coal train derailment in Virginia is renewing questions about Norfolk Southern's safety practices
2023-07-08 09:24
Yoojin Lee, DMD, Rejoins Sonrava Health as Clinical Director for Colorado
DALLAS--(BUSINESS WIRE)--Jul 7, 2023--
2023-07-08 06:59
New minimum pay rates for NYC app-based food delivery workers are delayed
New York City was ordered by a judge to temporarily delay new minimum pay standards for app-based food delivery workers
2023-07-08 06:52
'Clone' or competitor? Users and lawyers compare Twitter and Threads
In a cease-and-desist letter earlier this week, Twitter threatened legal action against Instagram parent company Meta over the new text-based app, Threads
2023-07-08 05:49
Ant Group fined $985 million by Chinese regulators in signal that tech crackdown may end
Chinese regulators are fining Ant Group 7.123 billion yuan ($985 million), claiming the financial technology provider broke laws related to corporate governance and consumer rights
2023-07-08 03:15
US Treasury chief Yellen and China's No. 2 aim for improved communication after trade disputes
U.S. Treasury Secretary Janet Yellen and Chinese Premier Li Qiang are expressing hopes for better communication as Yellen appeals to Beijing not to let frustration over U.S. curbs on technology exports disrupt economic cooperation
2023-07-08 02:55
Medical Credit Cards Targeted by US for Piling Debt on Patients
Three federal agencies are looking into potentially predatory practices in medical-payment products such as credit cards and installment
2023-07-08 01:56
US hiring cools but employers still add 209,000 jobs in sign of resilient economy
America’s employers pulled back on hiring but still delivered another month of solid gains in June, adding 209,000 jobs, a sign that the economy’s resilience is confounding the Federal Reserve’s drive to slow growth and inflation
2023-07-07 23:46