Reddit is aiming for a valuation of up to $6.4 billion in its U.S. initial public offering (IPO), the social media platform said on Monday, as it nears one of the most-anticipated stock market debuts of the last few years.
Summit Carbon Solutions, which is trying to build the biggest carbon dioxide capture pipeline in the United States to transport and bury greenhouse gases, has repeatedly pledged its project will not be used by drillers to boost output from oil fields.
“I got so comfortable under Autopilot, that I ended up blowing by exits because I was immersed in emails or calls (I know, I know, not a recommended use),” said the automaker’s president Jon McNeill in an email after he tried out the feature in a Model X. Now the email is being used in a lawsuit against Tesla.
Honeywell said it will ask Canada’s top court to hear an engine pricing case involving business jet maker Bombardier , in a dispute that has raised concerns among rival planemakers about revealing confidential terms of business negotiations.
Choice Hotels International has terminated its hostile bid for rival Wyndham Hotels & Resorts after failing to gather enough support from the target’s shareholders, the company said on Monday.
Fashion retailer Mango said on Monday its sales rose 19% to a record 3.1 billion euros ($3.39 billion) in 2023, after matching Spanish rival Zara’s strong expansion in the United States.
A Federal Reserve facility launched in haste a year ago amid the heavy stress triggered by Silicon Valley Bank’s collapse closes for new business on Monday, amid evidence it helped turn the tide of trouble that risked derailing the economy and upending the central bank’s efforts to lower inflation.
GoldenTree Asset Management raised over $1.35 billion for its first pure private credit fund, the firm said in a statement on Monday, getting a strong foothold in a booming market.
Two top Republican senators are introducing legislation on Monday that would require some U.S. government-owned spectrum be auctioned off to boost commercial wireless 5G networks.
