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November 17, 2019
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Uber Technologies Inc

CNBC Business

Grab CEO says the company can go public ‘once we’re profitable’

CNBC
Grab, which was valued at $14 billion in March this year, faces a $2 billion payout to Uber if it doesn’t go public by March 2023. Uber, a rival ride-hailing app, holds a 27.5% stake in Grab. Source link: Click here for more
CBS US News

Uber disputes hefty tax bill from New Jersey

CBS News
The Garden State is looking to harvest nearly $650 million in back taxes and penalties from Uber Technologies, making New Jersey the latest front in a nationwide battle over whether drivers who work for ridesharing companies are considered employees or independent contractors. Uber and subsidiary Rasier were assessed $523 million...
CNBC Business

A new $400 million tech fund wants to help Europe compete with Silicon Valley and China

CNBC
Venture capital firm Balderton Capital has raised a new $400 million fund, which will be used to invest in early-stage European start-ups. Source link: Click here for more
CNBC Business

Everything Jim Cramer said on ‘Mad Money,’ including HP and Xerox bid, CVS CEO, Uber versus Lyft

CNBC
CNBC’s Jim Cramer discusses why Xerox’s bid for HP won’t happen, plus why Lyft is a buy but Uber is not. CVS’s CEO also sits down for a “Mad Money” interview. Source link: Click here for more
CNBC - Real Estate

SoftBank CEO says after WeWork there will be no rescue investments

CNBC Real Estate
Masayoshi Son, chairman and chief executive officer of SoftBank Group at the SoftBank World 2018 event in Tokyo, Japan. Kiyoshi Ota | Bloomberg | Getty Images SoftBank CEO Masayoshi Son won’t call WeWork a rescue, claiming instead that the latest financing allowed his company to dramatically reduce the average share...
CNBC Business

Stocks making the biggest moves midday: HP, Uber, Coty, CVS, Altice USA & more

CNBC
Check out the companies making headlines in midday trading. Source link: Click here for more
CNBC Business

Stocks making the biggest moves premarket: CVS Health, Humana, Coty, Wendy’s & more

CNBC
Names on the move ahead of the open. Source link: Click here for more
CNBC Business

SoftBank Group plunges to $6.5 billion quarterly loss as tech bets stumble

CNBC
SoftBank Group Corp plunged on Wednesday to a quarterly loss that was far larger than analysts’ estimates, hit by the falling valuations of some of its biggest tech bets such as WeWork and Uber Technologies. Source link: Click here for more
CNBC Business

Everything Jim Cramer said on ‘Mad Money,’ including growth and value stocks, Twilio CEO, AI trading

CNBC
CNBC’s Jim Cramer breaks down Wall Street’s sentiment toward high-growth and value stocks, sits down with FireEye CEO Kevin Mandia, gets an explanation from Twilio CEO Jeff Lawson about a forecast error and berates the machine trading of stocks. Source link: Click here for more
CNBC Business

Connected fitness company Peloton reports earnings before the bell

CNBC
Connected fitness company Peloton reports earnings Tuesday before the bell, the first time Peloton will report since making its public debut. Source link: Click here for more
CNBC Business

Stocks making the biggest moves after hours: Uber, Shake Shack, Myriad Genetics and more

CNBC
See which stocks are posting big moves after the bell. Source link: Click here for more
CNBC Business

Investors reassess the hope-and-hype business model, causing stocks like GrubHub to plunge

CNBC
There is a stark reassessment of businesses that purport to be software companies and aspire to software valuations, Michael Santoli writes. Source link: Click here for more

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