President Joe Biden is due to huddle with a bipartisan group of lawmakers on Monday to discuss his proposed $ 2.3 trillion infrastructure plan, as he faces resistance from Republicans and even some Democrats. The president’s plan would pump money into transportation, water and broadband projects, and also into home- …
Read More » Impossible Foods Inc. is prepping for an initial public offering that could value the maker of plant-based burgers at about $ 10 billion within the next year. The Silicon Valley-based company, which just launched its first national TV ad campaign, is chewing over going public either through a traditional IPO …
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Applovin Inc. is shooting for a valuation of more than $ 30 billion as the app-software company priced its initial public offering in its bid to catch a sizable piece of a $ 200 billion mobile app market. On Wednesday, Applovin APP, +10.91% named a price range for its shares …
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Clothing resale site ThredUp Inc. launched its initial public offering at the top end of the projected range Friday, a funding injection that CEO James Reinhart wants to leverage to challenge competitor Amazon.com on the speedy retail giant’s environmental reputation. Sustainability is inherent in secondhand shopping, but ThredUp wants to …
Read More » Good Friday is next week and markets will be closed as per usual. However, what will be unusual is that the closure of financial exchanges in the U.S., and some other parts of the world, comes as the government is slated to release a key report on employment in the …
Read More » Michael Cohen, former President Donald Trump’s former personal lawyer, said in a newly unsealed court document that he learned about startups in prison, as he pleaded to be released early from home confinement. Cohen — who was convicted in 2018 on charges including campaign-finance violations related to a hush-money scheme …
Read More » President Joe Biden and Vice President Kamala Harris expressed outrage and sympathy on Friday as they visited Atlanta to meet with Asian-American leaders in the wake of shootings that left eight people dead, including six women of Asian descent. “Hate can have no safe harbor in America,” Biden said in …
Read More » A specter stalks Democrats on Capitol Hill: the possibility of a two-year, effectively 730-day presidency for Joe Biden should Republicans win the House in 2022 and gain the power to block major legislation afterwards. Republicans have only heightened that worry early in the 117th Congress by engaging in a series …
Read More » The numbers: The initial reading of consumer sentiment jumped to 83 in early March, according to an index produced by the University of Michigan. That is the highest level in a year. Economists polled by the Wall Street Journal had forecast the index would rise to 78.9. What happened: The …
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