Tag: Corporate news
ThredUp’s shares pop on stock market debut
NEW YORK — Shares of ThredUp rose 30% in their stock market debut Friday, reflecting investor enthusiasm for the online marketplace for second-hand fashion...
Sao Paulo governor seeks tests of 1st Brazilian COVID-19 jab
SAO PAULO — The governor of Sao Paulo said on Friday he will seek federal approval for phase 1 and 2 trials of Brazil’s...
Free breadsticks and reasons for hope at Olive Garden
The company that runs the Olive Garden chain is raising pay for its workers and handing out one-time bonuses, a sign of optimism from...
Fed says restrictions on bank dividends and buybacks to end
WASHINGTON — The Federal Reserve said Thursday that as of June 30 it will end for most banks the temporary limits it had imposed...
Caesars puts pandemic losses at $2B, wants insurers to pay
LAS VEGAS — Casino giant Caesars Entertainment Inc. is putting its losses because of the coronavirus pandemic in 2020 at more than $2 billion,...
German firm plea, $50M payment settles US drug purity probe
LAS VEGAS — An international pharmaceutical company pleaded guilty as planned Tuesday in a U.S. court after agreeing to pay $50 million for destroying...
Japan’s Toyota, Isuzu, Hino join in truck technology tie up
TOKYO — Japanese automakers Toyota, Isuzu and Hino said Wednesday they are setting up a partnership in commercial vehicles to work together in electric,...
GameStop weighing stock offering to fund transformation
GameStop is considering selling some of its shares, a move that would enable the video-game retailer to capitalize on the massive surge in its...
Betting sites offer software blocks for compulsive gamblers
ATLANTIC CITY, N.J. — Some sports betting companies are offering tools that allow compulsive gamblers to block themselves from most online sites.
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Texans promote Grissom to team president
HOUSTON — The Houston Texans have promoted Greg Grissom to team president.
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