Lixiang Education Holding, which provides private primary and secondary education services in China, announced terms for its IPO on Wednesday.
The Zhejiang, China-based company plans to raise $33 million by offering 3.3 million ADSs at a price range of $9 to $11. At the midpoint
NEW YORK (Reuters Breakingviews) - Shareholder democracy is a nebulous concept. With Palantir Technologies, though, it’s a non-issue: there isn’t any. The data-analytics company is setting a starting-point valuation of about $20 billion for its direct listing next we
Seeking to calm tensions in Ivory Coast ahead of a presidential election, the authorities plan to release associates of opposition leader Guillaume Soro who have been held in detention for months, a government spokesman said on Wednesday.
California plans to ban the sale of new gasoline powered passenger cars and trucks starting in 2035 in a dramatic move to shift to electric vehicles and reduce greenhouse gas emissions, Governor Gavin Newsom said on Wednesday.
GoodRx (NASDAQ: GDRX) had its initial public offering (IPO) today at $33, substantially higher than the expected range of $24 to $28 per share. After trading started, shares jumped as high as $49.57.
What happened
Shares of embattled electric-truck start-up Nikola (NASDAQ: NKLA) were sharply lower on Wednesday after reports that the company's talks with potential partners, including BP (NYSE: BP), have stalled in the wake of allegations that the company and its founder misle
The U.S. Department of Justice (DOJ) is lobbying Congress to roll back legal protections that provide internet companies with immunity for the actions taken by their users. Internet-based platforms including Facebook (NASDAQ: FB), Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidi
TikTok asked a U.S. judge on Wednesday to block a Trump administration order that would require Apple Inc and Alphabet Inc's Google to remove the short video-sharing app for new downloads starting Sunday.
What happened
Shares of sportswear maker Under Armour (NYSE: UA) (NYSE: UAA) went on a tear in Wednesday trading and were up 7.4% as of 2:15 p.m. EDT. The jump wasn't because of anything Under Armour did, but because of something its archrival Nike (NYSE: NKE) just did.
Mexico's peso hit a six-week low on Wednesday and the Brazilian real extended losses for a fifth straight session against a perky dollar amid renewed fears over the fragile global economy's fate in the face of rising coronavirus cases.
Wall Street's main indexes fell on Wednesday after data showing a cooling of U.S. business activity and the stalemate in Congress over more fiscal stimulus heightened fears of a choppy economic recovery from the pandemic-driven recession.
The governor of Brazil's São Paulo state, João Doria, said on Wednesday the state is likely to start to immunize its population with China's Sinovac vaccine for COVID-19 in mid-December, pending regulatory approval.
Electric carmaker Tesla’s TSLA “Battery Day” event, held on Sep 22, was a much-anticipated event. Many investors had high hopes from the event but the stock sold off about 5% in before market sessions on Sep 23.This was because Chief Executive Elon Musk said that some of
Canada's recent spike in COVID-19 cases has created day-long lines at testing centers and prolonged waits for results, highlighting gaps in a system that leans heavily on traditional laboratory tests in a nation that has been slow to adopt newer, faster diagostic technologies.
U.S. Treasury yields edged higher on Wednesday as comments from a flurry of Federal Reserve officials reinforced the central bank's recently announced policy stance.
What happened
Shares of Canopy Growth (NYSE: CGC) were sliding 6.7% lower as of 11:27 a.m. EDT on Wednesday. The Canadian cannabis producer announced earlier in the morning that it and Acreage Holdings (OTC: ACRGF) had implemented an amended agreement to clear the way for an acq
Followers of Tesla (NASDAQ: TSLA) were eagerly anticipating the company's much-hyped "Battery Day" on Tuesday, expecting news of major developments in the electric-car maker's signature technology. What they got was a list of upcoming improvements and promises that may pay off
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