LOS ANGELES (AP) — Wall Street is enjoying its third record-setting run of this year, with the major stock indexes delivering a string of all-time highs in recent weeks. The S&P 500 has set new highs 23 times this year through Monday, up from 19 last year.
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Uber Technologies CEO Dara Khosrowshahi just disclosed his first open-market purchase of shares of the ride-hailing company. Khosrowshahi paid $6.7 million on Nov. 18 for 250,000 Uber shares (ticker: UBER), an average per-share price of $26.75.
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A digital banking startup backed by Leonardo DiCaprio and Orlando Bloom is battling to raise cash, and WeWork’s public meltdown could be to blame, according to CNBC. Aspiration has struggled to coax investors into participating in its latest financing round …
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Xerox’s board of directors threatened to go to HP’s shareholders if the company does not reconsider its acquisition bid, Xerox said in a letter to HP directors Thursday. In the letter, Xerox vice chairman and CEO John Visentin says his board “is determined to …
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U.S. Treasury yields edged up Thursday, reversing some of this week’s decline, after a report said Beijing was pushing to advance talks on a partial trade deal with the U.S.. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, +0.39% …
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