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,...
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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Lawsuits mount for Nevada-based Real Water, amid FDA probe
LAS VEGAS — Lawsuits are mounting against a Las Vegas-based bottled water brand, Real Water, amid a U.S. Food and Drug Administration investigation and...
Ex-head of NYC homeless housing group charged with fraud
NEW YORK — The former top executive of a New York City homeless housing group that is one of the city's largest was arrested...
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...
