NYSE owner ICE to buy mortgage-software company Ellie Mae in $11 billion deal

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NYSE owner ICE to buy mortgage-software company Ellie Mae in $11 billion deal

Intercontinental Exchange Inc., the owner of the New York Stock Exchange, said it would acquire mortgage-software firm Ellie Mae, a landmark bet by the exchange giant on the digitization of the U.S. mortgage industry. The deal with private-equity firm Thoma …
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Facebook will let employees work from home until July 2021

New York (CNN Business) Facebook is extending its work from home policy until July of next year, becoming the latest tech giant to commit to letting staff work remotely in response to the coronavirus pandemic. “Based on guidance from health and …
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Baystate Business: The Mayor of Framingham (Radio)

Bloomberg Baystate Business for Thursday, August 6th, 2020. – Bloomberg News reporter Laura Davison on the stimulus negotiations (5:52).
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Uber's Biggest Business Is Officially Not Ride-Sharing

With the coronavirus pandemic keeping people at home and dampening demand for ride-sharing, Uber UBER +0.3% ‘s mainstay business transporting people has just taken a back seat to its younger sibling, Uber Eats. Gross bookings in Uber’s mobility rides …
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Judge says Uber, Lyft preliminary injunction ruling to come in 'a matter of days'

California Superior Court Judge Ethan P. Schulman heard arguments from Uber and Lyft, as well as lawyers representing the people of California regarding the request for a preliminary injunction that seeks to force Uber and Lyft to immediately reclassify their …
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