Tag: filler

Wall Street capped a turbulent week of trading Friday with a broad rally for stocks as relief flowed through the market, even as deadly attacks raged in Ukraine. Oil fell and investors turned away from gold and other traditional havens they favor when fear is high. The S&P 500 climbed...

Global oil and gas giant Shell said Monday that it is pulling out of Russia as President Vladimir Putin’s invasion of Ukraine continues to cost the country’s all-important energy industry foreign investment and expertise. Shell announced its intention to exit its joint ventures with Russia’s state-owned energy giant Gazprom and...

Global software investor, Insight Partners, today announced the final closing of its twelfth flagship fund, along with a dedicated co-invest fund that will participate in certain investments alongside the flagship fund ("Fund XII" or the "Fund") to invest in global high-growth technology, software and Internet businesses. Fund XII closed...

SoftBank Group Corp. said it plans an initial public offering for Arm Ltd. after Nvidia Corp. abandoned a proposed acquisition of the chip designer in the face of fierce opposition from regulators and customers. The Japanese company said it’s aiming for an IPO in the U.S. in the fiscal year ending in March...

Peloton on Tuesday slashed its financial outlook for the full year after the company announced CEO John Foley will be stepping down, as part of a broader restructuring of the business. It now sees fiscal 2022 revenue within a range of $3.7 billion to $3.8 billion, down from a prior range of...

Spirit Airlines and Frontier Airlines expanded aggressively over the last decade offering travelers no-frills service in exchange for ultralow airfares. Their executives vow to keep it that way, even if the carriers complete their $6.6 billion merger, which would turn them into a discount behemoth and the country’s fifth-largest airline. Frontier will have...