Biotech IPO performance pokes holes in Silicon Valley's theory for waiting so long to go public

Biotech IPO performance pokes holes in Silicon Valley's theory for waiting so long to go public

Start-ups and venture capitalists have argued that the public market’s focus on near-term profit is part of the reason companies need to stay private. But money-losing biotech companies are doing just fine before and after their initial public offerings. From 2001 …
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Ford to Cut 7000 Jobs in Bid to Catch Up to Rivals

Ford Motor Co. F -0.42% said it is cutting 7,000 salaried employees, or about 10% of its white-collar workforce, part of Chief Executive Jim Hackett’s broader plan to reverse declining profits and catch up to competitors in the fast-changing car business.
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IRS audit rate continued to decline last year

The Internal Revenue Service's audit rate went down again in 2018, according to data released Monday by the IRS. The IRS Data Book for 2018
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Lidl to open 25 new stores, including one in Virginia Beach by 2020

VIRGINIA BEACH, Va. – Lidl announced on Friday that it will open another location in Virginia Beach on Independence Boulevard as part of the German company’s plan to add 25 stores in the United States by the spring of 2020. The announcement by Lidle …
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T-Mobile-Sprint Deal Awaits DOJ, But FCC On Board (Radio)

Scott Moritz, Bloomberg telecom reporter, on T-Mobile and Sprint planning to announce U.S. government concessions to help secure approval for their
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