A day after unloading its self-driving vehicle unit, Uber Technologies Inc. on Tuesday parted ways with its “flying taxi” business. Silicon Valley startup Joby Aviation said it will acquire Uber Elevate, and that Uber has agreed to invest $ 75 million as part of the deal. Joby said Uber UBER, …
Read More »London Markets: Britain sells its first bonds at a negative interest rate
The U.K. on Wednesday became the latest country to sell bonds at negative interest rates, showing investor demand for government securities is so high than some are willing to pay for the privilege. According to the Debt Management Office, the U.K. auctioned £3.75 billion ($ 4.6 billion) of 3-year TMBMKGB-03Y, …
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