Editor’s Picks

Airbnb’s New IPO Pricing Could Boost Market Cap To $42 Billion

Airbnb’s New IPO Pricing Could Boost Market Cap To $42 Billion
Airbnb’s New IPO Pricing Could Boost Market Cap To $42 Billion
December 06, 2020  |  IPO

Airbnb, which plans to hold its initial public offering (IPO) Thursday (Dec. 10) — just a day after DoorDash does the same — will increase...

READ MORE >
New US Stimulus Proposal May Include $288 Billion In Small Business Aid
New US Stimulus Proposal May Include $288 Billion In Small Business Aid
December 06, 2020  |  Economy

The U.S. Senate may as early as Monday take up a new $908 billion stimulus package that includes help for small- to medium-sized businesses (SMBs)...

READ MORE >
Petco Files For IPO As Demand For Pets Surges During Pandemic 
Petco Files For IPO As Demand For Pets Surges During Pandemic 
December 04, 2020  |  IPO

Petco has set its sights on going public as the demand for pets and related supplies skyrocket amid the global COVID-19 pandemic, CNBC reported. Get...

READ MORE >
Dutch Competition Probe Into Payment Apps Centers On Apple Pay
Dutch Competition Probe Into Payment Apps Centers On Apple Pay
December 04, 2020  |  ANTITRUST

Dutch antitrust regulators have launched an investigation into freedom of choice regarding payment apps and is eyeing Apple Pay’s limitations, Bloomberg reported. Get the Full...

READ MORE >
DoorDash Raises Target Price To $90-$95 A Share For Potential $3.14 Billion IPO
DoorDash Raises Target Price To $90-$95 A Share For Potential $3.14 Billion IPO
December 04, 2020  |  IPO

Food delivery platform DoorDash is looking to raise up to $3.14 billion in its hotly anticipated initial public offering (IPO) and has increased its target...

READ MORE >
Grab, Sea And Ant Chosen To Receive Digital Banking Licenses In Singapore 
Grab, Sea And Ant Chosen To Receive Digital Banking Licenses In Singapore 
December 04, 2020  |  Cross-border Payments

The Monetary Authority of Singapore (MAS) on Friday (Dec. 4) chose four firms to receive digital banking licenses, including “digital full bank” licenses for Singapore-based Sea Ltd....

READ MORE >
November Jobless Rate Falls To 6.7 Pct, But US Adds Disappointing 245,000 Nonfarm Jobs
November Jobless Rate Falls To 6.7 Pct, But US Adds Disappointing 245,000 Nonfarm Jobs
December 04, 2020  |  Economy

The U.S. Bureau of Labor Statistics reported on Friday (Dec. 4) that America added 245,000 nonfarm jobs in November — a continued improvement since the pandemic...

READ MORE >
Citi’s $900 Million Mistaken Payment Case Might Be In Wrong Court
Citi’s $900 Million Mistaken Payment Case Might Be In Wrong Court
December 03, 2020  |  Legal & Regulation

The ongoing case of Citigroup‘s accidental $900 million payment to Revlon creditors may now have to be thrown out of court due to a mistake...

READ MORE >