'Burn baby burn': Some drivers happy to see Uber and Lyft shares fall after IPOs

'Burn baby burn': Some drivers happy to see Uber and Lyft shares fall after IPOs

Some drivers who accuse Lyft and Uber of mistreatment and low pay are finding a small measure of satisfaction at the market’s tepid reaction to investing in the newly public companies. But they’re also well aware that pressure to turn profitable could mean …
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Air Canada bids for tour operator Transat, regulatory hurdles seen

By Allison Lampert. MONTREAL (Reuters) – Air Canada’s bid to buy Canadian tour operator Transat AT would boost its leisure travel business at a time when the carrier faces a potential turnaround in rival WestJet Airlines, but the deal could attract regulatory …
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Metro Bank launches £350m fundraising just months after last one

Metro Bank has launched a £350m fundraising that is expected to strengthen its balance sheet and quash rumours about its financial health that caused customers to pull cash last weekend. The challenger bank confirmed it was offering shares at a price of £5 …
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SoftBank Leads $484 Million Investment in Germany's GetYourGuide

SoftBank Group Corp.'s Vision Fund led a $484 million investment in GetYourGuide, a Berlin-based online seller of travel activities such as tickets to
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Bayer confident of appeals of glyphosate weed killer court defeats: executive

NEW YORK (Reuters) – Bayer AG is confident its appeals of recent court rulings that its glyphosate weed killer Roundup caused cancer will be successful, a senior executive said on Thursday, amid a steep selloff of the company’s shares this week.
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