WASHINGTON – Merchant groups are forming a national coalition to campaign for stricter antitrust laws, including measures that could force Amazon.com Inc. to spin off some of its business lines. The effort …
Read More »Small Business Owners Feel the Weight of Personal Debt Guarantees
The pressure is tightening for American restaurant, gym and other small business owners trying to hold out until the economy fully reopens. And unlike most large companies, the burden is often deeply …
Read More »New York lawmakers move closer to a budget deal to increase corporate revenue and taxes by $ 4.3 billion
ALBANY, NY – New York Governor Andrew Cuomo and state lawmakers are closing in on a budget deal that would raise corporate and income taxes by $ 4.3 billion a year and …
Read More »WeWork accepts a SPAC agreement that would make the startup public
WeWork has agreed to merge with a special-purpose procurement company, according to people familiar with the matter, in a deal that would go public with the shared office provider nearly two years …
Read More »KFC, Taco Bell and Pizza Hut to begin receiving text message orders
KFC owner Yum Brands Inc. is buying an Israel-based startup that helps customers order food to text, a strategy executives hope will boost sales as people leave the store. fast food and …
Read More »TuSimple IPO filing shows autonomous trucks are still a waste of money
Self-driving company TuSimple Inc. released paperwork for its initial public offering on Tuesday that shows it has lost more than $ 300 million in the past three years in the race to …
Read More »Bank of New York Mellon Invests in Cryptocurrency Startup
Bank of New York Mellon Corp. BK 0.41% is investing in a cryptocurrency startup, the latest move by a traditional Wall Street gamer to embrace digital assets. The startup, Fireblocks, creates tools …
Read More »Covid-19 hurt many small businesses. For some entrepreneurs, it opened doors.
In a year marked by uncertainty and fear, some New York City entrepreneurs decided it was worth the risk of opening a store. The cost of the pandemic to New York City …
Read More »Investigation of Hindenburg, a short seller, points to electric vehicle startup Lordstown Motors; Shares down 16%
A new report from short-seller Hindenburg Research pointed to electric truck startup Lordstown Motors Corp. RIDE -15.36% , saying the company misled investors about the strength of its truck pre-orders and the …
Read More »Grab is in talks to go public through a SPAC merger
Grab Holdings Inc. is in talks to go public through a merger with a SPAC that could value the Southeast Asian ride-sharing startup at up to $ 40 billion, making it by …
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