US Business
Airbnb Prices IPO at $68 a Share, Higher Than Expected Range
The pricing sets the Airbnb’s valuation at about $47 billion, marking the latest sign of exuberance in the IPO market and a key milestone in the company’s turnaround.
Articles by Erin Slifka
US Business
Facebook Hit With Antitrust Lawsuits by FTC, State Attorneys General
The Federal Trade Commission and a bipartisan group of state attorneys general brought broad antitrust allegations against the social-media giant, accusing it of a yearslong campaign to buy up or freeze out potential rivals.
US Business
DoorDash’s IPO Delivers as Shares Surge in Market Debut
DoorDash’s stock price jumped 86% on its first day of trading, valuing the food deliverer at more than $70 billion, higher than many of the restaurant clients it serves.
US Business
Elon Musk Decries ‘M.B.A.-ization’ of America
“I think there might be too many M.B.A.s running companies,” Tesla’s chief executive says. Many business-school leaders fire back, arguing his comments don’t match the reality of what is taught in M.B.A. programs.
Education
Freeman Employee Recognized by Bright Futures
(Joplin, MO) – Freeman Health System’s Supply Chain Director Michelle Taylor-Bay is the December Bright Futures Volunteer of the Month for West Central Elementary in Joplin. Taylor-Bay was presented with a certificate from Joplin Schools and […]
US Business
AT&T Fields DirecTV Offers Above $15 Billion Including Debt
AT&T received bids for its DirecTV unit valuing the satellite-TV service at more than $15 billion including debt, with Michael Klein’s blank-check company among the bidders.
COVID-19
American Hospital Association, American Medical Association, and American Nurses Association Pen Public Letter About COVID-19 Vaccine
(December 1, 2020) – An open letter to the American public, Since the beginning of the COVID-19 pandemic, we have come together as physicians, nurses, and hospital and health system leaders to urge the American […]
US Business
Fragile Covid-19 Vaccine Rolled Out in the U.K. Tests Global Supply Network
As countries including the U.S. authorize Covid-19 vaccines and begin inoculations, the U.K. will emerge as a laboratory for what is possible at high speed and what might go wrong.
US Business
Elon Musk Moves to Texas, Takes Jab at Silicon Valley
The Tesla chief’s relocation makes him one of the highest-profile executives yet to leave Silicon Valley during the pandemic. He said California had become complacent with its innovators and taken them for granted.
US Business
DoorDash Prices IPO Above Expected Range
The meal-delivery company’s initial public offering, capping a stunning run-up in valuation, is the latest sign of new-issue strength.