Uber customers paid more than $6 billion in cash last year, and accounting for it isn’t easy
Uber says it’s a technology platform but the company accepts cash, a dangerous low-tech way to boost revenue in Brazil and some other foreign locations ......»»
Robinhood gets $1 billion cash infusion from its investors: report
Robinhood stopped customers from buying a number of shares on Thursday due to large amounts of trading in those stocks, according to the company's blog post.....»»
: Netflix paid just $4.4 million in U.K. taxes in 2019 despite reaping $1.3 billion from subscribers
Netflix reaped an estimated £940 million ($1.3 billion) from British subscribers in 2019 but the streaming giant paid just £3.2 million in U.K. corporation taxes that year......»»
Tampa rakes in cash during pandemic through bonds sale
City CFO Dennis Rogero said the funds are being used to fund a complete overhaul of Tampa's water system, a 20-year project that will cost about $3 billion......»»
Telco SoftBank sees stable profit, offering Son respite from virus
SoftBank Corp on Monday forecast operating profit for the current financial year at 920 billion yen ($8.6 billion), largely unchanged from a year earlier, as it continues to generate cash amid the coronavirus-induced economic downturn......»»
Tivity explores sale of company it paid $1.3 billion for last year
Tivity announced the $1.3 billion purchase of Pennsylvania-based Nutrisystem Inc. in December 2018 and immediately received push back from investors......»»
Boeing rules out federal aid after raising $25 billion in bonds
Boeing Co. sold $25 billion of bonds in the largest offering this year, eliminating the need for more cash as the coronavirus pandemic upends the global aviation industry......»»
Boeing rules out federal aid after raising $25 billion of bonds
Boeing Co. sold $25 billion of bonds in the largest offering this year, eliminating the need for more cash as the coronavirus pandemic upends the global aviation industry......»»
Boeing rules out federal aid after raising $25 billion of bonds
Boeing Co. sold $25 billion of bonds in the largest offering this year, eliminating the need for more cash as the coronavirus pandemic upends the global aviation industry......»»
IBM raises dividend for 25th consecutive year
IBM last week reported first-quarter free cash flow of $1.4 billion, matching the $1.4 billion it spent on shareholder dividends in the quarter......»»
Cash-strapped US companies ramp up sales of discounted shares
Listed businesses have raised $17 billion so far this year from cut-price sales to private-equity groups......»»
Cisco offers big payment deferrals until 2021 as companies seek remote-work tools
Cisco Systems Inc on Tuesday launched a $2.5 billion financing program that lets its customers defer 95% of payments until 2021, giving companies additional leeway at time when some are facing a cash crunch but also need more remote-work tools......»»
MarketWatch First Take: Don’t worry about your IT bills, Cisco and HPE tell corporate America
Cisco Systems Inc. is making $2.5 billion available through its financing arm, to help customers keep buying its tech products during the COVID-19 pandemic, with big payment reprieves until next year......»»
SoftBank record loss estimate renews asset sale focus
SoftBank Group Corp's estimate it will post a record $13 billion full-year loss, dragged down by its spluttering $100 billion Vision Fund, has renewed attention on a planned asset sell-down aimed at raising cash and restoring confidence......»»
Virus lockdown threatens $60 billion in UK dividends: report
UK-listed companies could cancel about $60 billion in dividend payments this year following Britain's lockdown and calls from regulators to preserve cash during the coronavirus crisis, according to a report by analytics company Link Group......»»
Adidas stops 1 billion euros share buyback
Germany's Adidas on Tuesday said it will suspend a 1 billion euros share buyback it had planned for this year as a way to conserve cash after closing its retail outlets in Europe and North America......»»
WeWork has enough cash to meet coronavirus challenges: letter
Shared-office operator WeWork told investors on Thursday the $4.4 billion in cash and cash commitments it had at year-end 2019 is enough to execute its five-year plan and manage the challenges posed by the coronavirus crisis......»»
WeWork has sufficient cash to meet challenges posed by virus: letter
WeWork told investors on Thursday the $4.4 billion in cash and cash commitments it had on hand at year-end 2019 is sufficient to execute its five-year plan, including managing the challenges posed by the recession-bearing coronavirus crisis......»»
House Democrats would give airlines, contractors $40 billion bailout
Democratic U.S. lawmakers on Monday proposed giving struggling U.S. airlines and contractors $40 billion in cash grants that would not have to be paid back but require significant new environmental, labor and other conditions......»»
Delta losing $50M in cash per day, projects 80 percent quarterly revenue decline
Delta is losing $50 million in cash each day due to fallout from the coronavirus pandemic, and it projects year-over-year revenue to fall by $10 billion for the June quarter — an 80% reduction. CEO Ed Bastian provided Atlanta-based Delta Air Line.....»»
Delta losing $50M in cash per day, projects 80% quarterly revenue decline
Delta is losing $50 million in cash each day due to fallout from the coronavirus pandemic, and it projects year-over-year revenue to fall by $10 billion for the June quarter — an 80% reduction. CEO Ed Bastian provided Atlanta-based Delta Air Line.....»»