Новости за 29.09.2018

Revolve Group Inc. filed documents late Friday signalling plans to list its initial public offering on the New York Stock Exchange under the symbol RVLV. The Cerritos, Calif. clothing retailer logged third-quarter net income of $10.5 million on sales of $131.8 million, up from net income of $5.3 million and sales of $107.9 million in the year-earlier quarter. In the Securities and Exchange Commission filing, the company said it plans to raise $100 million, but that number is often a placeholder... Читать дальше...

The White House said late Friday that President Donald Trump will host an upcoming round table discussion with Google's Chief Executive Sundar Pichai and other tech "stakeholders," the Washington Post reported. Google is a unit of Alphabet Inc. A White House spokeswoman told the Post that more details would be coming, including other tech titans invited. Pichai was in Washington meeting with lawmakers over the power of social media, among other topics. Alphabet class A shares closed down less... Читать дальше...

Tesla Inc. CEO Elon Musk believes he had a verbal agreement in place with Saudi Arabia’s sovereign-wealth fund to help finance a plan to take the auto maker private, according to a person familiar with the matter.

While some overseas stock markets struggled in the third quarter, the U.S. saw broad-based gains.

His uncle gave him over $200,000 when he was growing up, but hasn’t received a dime in four years.

A federal judge has ruled that a lawsuit against President Donald Trump can proceed, with the suit alleging that Trump is violating the Constitution by doing business with foreign governments. U.S. District Judge Emmet G. Sullivan found Friday that the plaintiffs in the suit - about 200 Democratic lawmakers - have standing to proceed in suing the president for what they say is violating the emoluments clause, which bars federal officials from taking payments from foreign states. The lawmakers... Читать дальше...

The members of Generation Z who have bought homes are the exceptions, but their spending power is growing.

Ryan Strasser says he only wanted to spend $40,000 and insists the ring belongs to him, but who really owns it?

Thomas Kurian, the president of product development at Oracle Corp. and a key executive for the company's cloud efforts, is resigning, the company said Friday afternoon. In a filing with the Securities and Exchange Commission, Oracle said Kurian informed them Friday that he was resigning "to pursue other opportunities." Kurian took a leave from the company earlier this month, but Oracle said at the time that it was "an extended time off." "Kurian's duties and responsibilities have been reassigned... Читать дальше...

Trump orders FBI to reopen investigation into Kavanaugh

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Experts say Elon Musk missed all the steps a CEO should take to go-private, giving SEC a strong case in its lawsuit for his allegedly false and misleading tweets

Israeli biotech drug developer Gamida Cell Ltd. said late Friday it is going public to help fund clinical trials and build out a manufacturing plant, according to a filing with the Securities and Exchange Commission. The Jerusalem-based company plans to raise up to $69 million in an initial public offering, but initial amounts are often used as placeholders and are subject to revisions. The company, which has not reported revenue, booked a loss of $19.1 million in 2017, compared with a $22.7 million loss in 2016. Читать дальше...