 | | | | Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range, raising $8.1 billion, two people familiar with the matter said, adopting a risk-averse stance toward the most high-profile U.S. listing since Facebook Inc seven years ago. | | | | | | Billionaire entrepreneur Jeff Bezos, founder of rocket company Blue Origin, unveiled on Thursday a mockup of a lunar lander spacecraft and discussed missions to the moon in a strategy tailored to the U.S. government's renewed push to establish a lunar outpost in just five years. | | | | | | U.S. President Donald Trump said on Thursday he was taking steps to authorize new tariffs on $325 billion in Chinese imports as officials prepared for last-ditch talks to avert an escalation of a trade war that threatens to derail the global economy. | | | | | | General Electric Co shareholders offered their latest endorsement of new Chief Executive Larry Culp this week when they approved a pay package that could net him up to $233 million down the road. | | | | | | Uber drivers in London and major U.S. cities held a series of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut. | | | | | | Wall Street's main indexes fell on Thursday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after U.S. President Donald Trump said reaching a deal this week was possible. | | | | | | Stock indexes around the world fell for a fourth day in a row on Thursday, though Wall Street closed above session lows after comments from President Donald Trump about U.S.-China trade talks a day before the United States was due to raise tariffs. | | | | | | U.S. Customs and Border Protection said on Thursday it would begin collecting a 25 percent tariff on a $200 billion category of Chinese imports at 12:01 a.m. (0401 GMT) on Friday, another step toward activation of President Donald Trump's planned tariff increase. | | | | | | Facebook Inc quickly rejected a call from co-founder Chris Hughes on Thursday to split the world's largest social media company in three, while lawmakers urged the U.S. Justice Department to launch an antitrust investigation. | | | | | | After a one-year pause, the hedge fund industry schmooze fest organized by Anthony Scaramucci, the investment manager who briefly served as President Donald Trump's communications director, returned to the Las Vegas strip this week. | | | | | | The chief executive of International Dairy Queen Inc is counting on the 79-year-old brand, owned by Warren Buffett's Berkshire Hathaway Inc, to adapt to changing consumer tastes rather than latch onto the latest fad, while ensuring that rising labor and food costs don't squelch its franchisees. | | | | | |
