Business
Lyft Resolves SEC Charges with $10M Settlement
Lyft, the prominent ride-sharing platform, has reached a $10 million settlement with the US Securities and Exchange Commission (SEC) to resolve charges of non-disclosure concerning...
FDA Report Sparks Novo Nordisk Stock Decline
Novo Nordisk, a leading pharmaceutical company, witnessed a dip in its stocks on Monday following the release of a concerning report by the FDA. The...
Amazon Taps Hawaiian Airlines for A330 Cargo Operation
Hawaiian Airlines (HA) is gearing up to revolutionize its air logistics operation through a strategic collaboration with retail behemoth Amazon (AMZN). The introduction of Airbus...
Nasdaq to Launch Arm Holdings Options on Monday
In a move poised to reshape the investment landscape, Nasdaq is slated to introduce options contracts for technology powerhouse Arm Holdings on Monday. This development...
Planet Fitness Undergoes Leadership Transition
In a surprising turn of events, the board of Planet Fitness (PLNT) announced on Friday its decision to initiate a leadership transition, marking a significant...
Instacart Revises IPO Terms, Aims for $10 Billion Valuation
Grocery delivery service Instacart made a significant move on Friday, revising its initial public offering (IPO) terms in response to strong investor demand. The company...
Novartis Shareholders Back Sandoz Spinoff with 99.7% Support
Novartis shareholders voted in favor of the spinoff of the Swiss pharmaceutical giant’s generic-drugs arm, Sandoz, during an extraordinary general meeting held on Friday. An...
Arm Holdings Stock Rockets 25% Above Debut Price, What Next?
SoftBank Group’s technology investment arm, Arm Holdings, made a resounding entry into the public market on Thursday, with its stock surging nearly 25% above its...
Arm Holding Soars in Nasdaq Debut, Valued at $65B
In a resounding testament to investor confidence, shares of Arm Holdings, a subsidiary of SoftBank, witnessed a meteoric rise before the bell on Friday following...
Buffett’s Berkshire Trims HP Holdings, Sells 5.5M Shares
In a surprising move, Warren Buffett’s conglomerate, Berkshire Hathaway, announced the sale of 5.5 million shares of HP Inc. this week, marking a significant departure...