Trustly CEO Johan Tjarnberg. Trustly The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year or two away…
Read more BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%Woman rides a Bird e-scooter in southern California. Bird, a provider of electric scooters that consumers can rent in cities, said the New York Stock Exchange will suspend…
Read more Scooter company Bird delisted from NYSE after stock collapse, will trade over the counterInstacart, the grocery delivery company that slashed its valuation during last year’s market slide, filed its paperwork to go public on Friday in what’s poised to be the…
Read more Instacart files to go public on Nasdaq to try and unfreeze tech IPO marketRamin Talaie | Corbis News | Getty Images Ride-hailing app Lyft will lay off 1,072 employees, roughly 26% of its corporate workforce, and won’t hire for an additional…
Read more Lyft to cut 1,072 employees, or 26% of its workforceWhile some companies are pulling back on flexibility, others, like Airbnb and Pinterest, are celebrating one year since permanently switching to remote or hybrid work. Even as the…
Read more Reddit, Airbnb and 8 more companies that let you work from home permanently and are hiring nowLyft‘s cofounders, CEO Logan Green and president John Zimmer, will soon step back from their day-to-day roles, the company announced on Monday. David Risher, a former retail executive…
Read more Lyft CEO and president to step down, former Amazon exec David Risher named as replacementHere are the most important news items that investors need to start their trading day: 1. Stress and confusion Investors are looking for clarity after a few days…
Read more 5 things to know before the stock market opens TuesdayLyft shares could see big gains as the ride-share company cuts costs and sees demand stabilize, KeyBanc said. Analyst Justin Patterson upgraded the stock to overweight from sector…
Read more KeyBanc upgrades Lyft, says stock can rally more than 50% as demand stabilizesJob growth was stronger than expected in October despite Federal Reserve interest rate increases aimed at slowing what is still a strong labor market. Nonfarm payrolls grew by…
Read more U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strongCheck out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage maker reported an adjusted quarterly profit of $1.97 per share, 13 cents…
Read more Stocks making the biggest moves premarket: PepsiCo, Intel, Philips and more
