Bumble Inc Chief Executive Officer Whitney Wolfe Herd's stake in the women-centric dating app operator was worth nearly US$2 billion, as shares rallied for a second straight day after a blockbuster debut on Thursday.
Bumble Inc Chief Executive Officer Whitney Wolfe Herd's stake in the women-centric dating app operator was worth nearly US$2 billion, as shares rallied for a second straight day after a blockbuster debut on Thursday.
Investors are watching next week's earnings reports from hotels, cruise lines and other businesses that have been hard hit by COVID-19 for indications of which companies could be the first to bounce back when the pandemic recedes.
U.S. consumer sentiment unexpectedly fell in early February amid growing pessimism about the economy among households with annual incomes below US$75,000, even as the government is poised to deliver another round of COVID-19 relief money.
Republican members of the U.S. Senate's Banking Committee on Friday urged securities regulators to reject corporate diversity rules proposed by Nasdaq Inc.
Alphabet Inc's Google has agreed to pay US$76 million over three years to a group of French news publishers to end a more than year-long copyright spat, documents seen by Reuters show, a deal one news publishers' lobby deemed unfair.
The S&P 500 drifted higher on Friday, recovering from early weakness as financial and materials stocks gained ground while investors held out for signs of progress on the next batch of fiscal aid.
Finance ministers and central bank heads from the Group of Seven (G7) industrialised nations discussed together on Friday how best to steer the world economy out of the coronavirus crisis, Britain's finance ministry said.
The chief executives of major U.S. airlines, including American Airlines, Southwest Airlines and United Airlines, met virtually with the White House’s COVID-19 response coordinator on Friday amid airline concerns that new restrictions could be imposed on domestic air travel.
Spotify Technology SA will allow its employees to work from anywhere, the Swedish music streaming company said in a blog post on Friday, further upending the future of modern working life.
