Amazon.com will see its stake in Deliveroo fall to 11.5per cent when the British food delivery company goes public via an initial public offering, the IPO prospectus showed.
Ray-Ban maker EssilorLuxottica secured EU antitrust approval on Tuesday for its €7.2 billion (US$8.5 billion) acquisition of GrandVision after pledging to sell more than 300 stores in three countries to address competition concerns.
Most wealth managers and financial advisors are still in "education mode" on cryptocurrencies but demand for the emerging asset class among larger investors has grown, the boss of Fidelity Investments' institutional arm said on Tuesday.
:Britain's Prince Harry will become the first chief impact officer of BetterUp Inc, a San Francisco-based firm that provides employee coaching and mental health assistance, the company said on Tuesday.
In a move to combat fatigue triggered by remote working during the COVID-19 pandemic, Citigroup Inc has declared "Zoom-Free Fridays" and encouraged employees to limit calls outside work hours.
New York's Department of Financial Services on Tuesday said it concluded its investigation into Apple's credit card and its underwriter Goldman Sachs Group Inc and found no evidence of unlawful discrimination against applicants under the fair lending law.
Amazon.com is to cut its stake in Deliveroo to 11.5per cent from 15.8per cent when the British food delivery company goes public via an initial public offering, its IPO prospectus said.
As U.S. transit ridership plunged during the pandemic and cities reduced service, lower-income residents living in city outskirts made up the majority of passengers in new ride-hail partnerships some transit agencies struck with Uber to replace service cuts.
Frontier Group is aiming for a valuation of US$4.52 billion in its U.S. initial public offering (IPO), according to a regulatory filing by the low-cost carrier on Tuesday, as the industry prepares for a rebound from pandemic-driven travel lows.
GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.
