On What'd You Miss This Week, Joe Weisenthal, Scarlet Fu and Julia Chatterley spoke with Rett Wallace, CEO of Triton Research, about why investors are evaluating tech IPOs all wrong. He told us the underwriters, “whether its two guys and a dog or Goldman Sachs” control all the information and the
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Larry Liebert, Bloomberg News national security editor, discusses the Senate confirmation of Mike Pompeo to become U.S. secretary of state. After weeks of heated debate, the chamber confirmed Pompeo 57-42 after Pompeo lost the support of many democrats who had voted in his favor when he was
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Subway Restaurants, home of the ubiquitous $5 footlong, plans to shutter hundreds of U.S. stores as consumers lose their appetite for lunch meats.
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Intel Corp. on Thursday raised its full-year revenue forecast nearly 4% to $67.5 billion. Photo: Justin Sullivan/Getty Images. By.
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Amazon has reported a 43% surge in revenues for the first quarter, fuelled by online shopping in the US. The internet retail giant said sales rose to $51bn (£36.6bn) in the three months to March, surpassing analysts' forecasts.
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