Socialist Maduro seeks to raise dollars with appeal to greed
When Jose Humberto Vivas needs to trade dollars for Venezuelan bolivars, he usually flouts the nation's rigid exchange controls by turning to illegal currency traders......»»
Lightspeed Seeks To Raise More Than $570M In Secondary Offering To Bolster Financial Position
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Judge refuses to toss McDonald’s lawsuit seeking to claw back more than $37 million from fired CEO Steve Easterbrook
A Delaware court on Tuesday denied a request by former McDonald’s CEO Steve Easterbrook to toss out a lawsuit that accuses him of lying about sexual relationships with subordinates and seeks to take back tens of millions of dollars of his sev.....»»
Alibaba Seeks To Raise $5B In US Dollar Debt Offering This Week
Alibaba Group Holding Ltd (NYSE: BABA) is planning to raise $5 billion by selling dollar-denominated bonds this week, Reuters reported read more.....»»
Former McDonald’s CEO Steve Easterbrook loses bid to toss lawsuit targeting his severance
A Delaware court on Tuesday denied a request by former McDonald’s CEO Steve Easterbrook to toss out a lawsuit that accuses him of lying about sexual relationships with subordinates and seeks to take back tens of millions of dollars of his sev.....»»
Budweiser decides to forego a Super Bowl tradition
For the first time in 37 years, Budweiser will not be running a commercial during the Super Bowl. The Anheuser-Busch InBev brand will instead use those marketing dollars to raise awareness and access to the Covid-19 vaccine, officials said in a .....»»
Elon Musk"s SpaceX Seeks To Double Valuation At $92B In New Funding Round: Report
Space Exploration Technologies Corp., or SpaceX, is in talks with investors to raise fresh funding, as per Business Insider. read more.....»»
Hotel Industry Seeks Further Congress Aid As Revenues Expected To Slump
American Hotel & Lodging Association, in a letter, requested U.S. lawmakers to raise the borrowing threshold for hotels in the Paycheck Protection Program. read more.....»»
Delta seeks to raise $5B to replace lost revenue, FT reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Virus-hit Madame Tussauds owner seeks 500 million euros in bond sale
The firm behind Madame Tussauds and Legoland parks is looking to raise 500 million euros ($540 million) in a bond sale, offering a high interest rate to try to secure funds to tide it over while most of its venues are closed in the coronavirus pandemic......»»
Alitalia seeks to place 2,900 more staff in layoff scheme: document
Alitalia's administrator has asked Italy's government to raise to nearly 7,000 the number of its employees under a temporary lay-off scheme, with most of its aircraft standing idle during the coronavirus outbreak......»»
Airbnb racks up hundreds of millions of dollars in losses, considers capital raise--WSJ
Airbnb Inc. has racked up h.....»»
SoftBank seeks to raise $10B to support Vision Fund portfolio, Bloomberg reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
SoftBank seeks $10B to support vision fund companies
SoftBank Group Corp. is seeking to raise an additional $10 billion so its first Vision Fund can support portfolio companies battered by the coronavirus pandemic, according to people with knowledge of the matter......»»
Walmart to give hourly workers cash bonuses, seeks 150,000 new employees
Walmart Inc. announced late Thursday that it would give cash bonuses of more than half a billion dollars to its employees as it looks to h.....»»
SpaceX is looking to raise about $250M, valuing Elon Musk"s company at $36B
SpaceX is seeking about a quarter billion dollars in new funds, people familiar told CNBC, raising the valuation of Elon Musk's company......»»
Tesla seeks to tap into stock surge with $2 billion share sale
Tesla Inc made an about-turn on Thursday by announcing plans to raise $2 billion in a stock offering as the electric-car maker taps into an astronomical jump in its share price in the past few months......»»
Tesla seeks to raise $2 billion through stock offering
Tesla Inc said on Thursday it plans to raise $2 billion by selling shares through a public offering......»»
Exclusive: South Africa seeks to unlock stalled arms sales to Saudi, UAE
South Africa aims to free up over a billion dollars in stalled weapons sales, including to Saudi Arabia and United Arab Emirates, by amending a document at the heart of an export row, a senior arms control official told Reuters......»»
Exclusive: Venezuelan banks begin storing dollars amid Maduro"s liberalization - sources
At least half a dozen Venezuelan banks have begun storing in vaults millions of dollars and euros accumulated in cash by businesses during an unexpected economic liberalization by President Nicolas Maduro, according to sources......»»