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Facebook Inc. on Tuesday announced a $5.7 billion investment in India's Jio Platforms Ltd. The Indian tech company is part of Reliance Industries Ltd., and has brought nearly 400 million Indians on.....»»

SoftBank Group's planned $22.5 billion share buyback presents an attractive buying opportunity but it is not a clear longterm investment, said a London-based investor that has built up a small stake......»»

The new hire brings the London-based digital asset manager connections to major financial institutions in Europe......»»

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.....»»

Red Hat has named a new CEO to lead the Raleigh-based company as Jim Whitehurst takes a larger role with IBM. Paul Cormier, formerly Red Hat's president of Products and Technologies, has been named president and CEO, the Red Hat announced Monday. .....»»

Apache Corp. said Wednesday it is doubling its estimate for annual cost savings as the oil and gas exploration company takes further action to combat a declining oil price. Houston, Tx.-based Apache said it now expects to achieve annua.....»»

Clear Channel Outdoor Holdings Inc. sold 50.91% of its stake in China-based subsidiary Clear Media Limited to Ever Harmonic Global Limited, the company announced in a Monday press release. The company sold its stake for approximately $253 milli.....»»

Sacramento-based Gatekeeper Innovations Inc. has hired Kevin Kane as its new CEO to ramp up national sales of its locking prescription bottle caps. Kane takes the top spot from Kim Box, who will remain an adviser to the company and a member of its .....»»

Greensboro-based Kontoor Brands (NYSE: KTB) on Thursday announced several actions being taken to navigate the uncertainty associated with the COVID-19 virus. As a precautionary measure, the company has drawn down $475 million from its revolving cr.....»»

Pioneer Natural Resources Co. announced plans to reduce capital spending on Tuesday. The Irving-based company will reduce its drilling, completion and facilities capital budget by about 45 percent, along with its budgeted water infrastructure spending, a.....»»

London-based think tank Z/Yen has taken legal action against the foundation for allegedly terminating a 2017 agreement......»»

NEW YORK The Collective global co-living company based in New .....»»

The health care technology company went public last JuneCheck out Andreas Halvorsen Stock Picks » Download GuruFolio Report of Andreas Halvorsen (Updated on 03/10/2020)Related Stocks: CHNG, CVET, TXG,.....»»

One of the largest venture capital-backed tech companies in Wisconsin is moving its headquarters to another state. Fasetto Inc., the Superior-based company that developed Forum, a software that allows people to share and join business presentations.....»»

Swedish financial technology company Klarna said Wednesday that it has received a minority investment from Ant Financial, the Alibaba Group Holding Ltd. that runs the popular Alipay digital payments platform.....»»

Pacific Ethanol Inc. has found a buyer for its Nebraska ethanol plants, which takes pressure off the company that has been struggling with high debt and low ethanol prices. Sacramento-based Pacific Ethanol (Nasdaq: PEIX) will sell its 74% ownersh.....»»

Twitter shares rose sharply Monday morning after investors learned activst hedge fund Elliott Management had taken a stake in the social media company. Fred Katayama reports......»»

The Columbus, Ohio-based company has seen Victoria's Secret lingerie sales dwindle in recent quarters as customers increasingly prefer inclusive brands and more comfortable alternatives as those from online startup Third Love......»»

Humana Inc.'s former largest shareholder offloaded nearly half of its holdings in the Louisville-based health care company. FMR LLC, the corporate parent of Fidelity Investments, has cut its stake in Humana — one of the nation's largest health ins.....»»

Wizz Air's largest shareholder, U.S.-based private equity firm Indigo Partners, carried out a long-time plan to cut its stake in the company as the Budapest-based low-cost airline works to comply with European Union ownership rules......»»