Lyft shares soar on Nasdaq debut, setting stage for Uber
LOS ANGELES/NEW YORK (Reuters) – Lyft Inc’s shares rose as much as 23 percent in their market debut on Friday, amid strong investor demand for the ride-hailing service that bodes…
Lyft valued at $24.3 billion in first ride-hailing IPO
(Reuters) – Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to…
U.S. lawsuit filed against Boeing over Ethiopian Airlines crash
(Reuters) – A lawsuit against Boeing Co was filed in U.S. federal court on Thursday in what appeared to be the first suit over a March 10 Ethiopian Airlines 737…
Boeing rolls out software fix to defend 737 MAX franchise, awaits U.S. regulator’s approval
SEATTLE/WASHINGTON (Reuters) – Boeing Co on Wednesday took its most aggressive moves yet to defend its core 737 airliner franchise, saying it had developed software fixes to prevent failures of…
Dueling Qualcomm, Apple rulings leave battle lines unchanged
(Reuters) – Split decisions on Tuesday by a U.S. government panel in acrimonious patent disputes between iPhone-maker Apple and chip supplier Qualcomm left the battle lines largely unmoved ahead of…
Chinese smartphone firms jazz up products, seize turf in home market from Apple
SHANGHAI (Reuters) – Smartphone retailers in China say it’s a tough sell of late with consumers reluctant to upgrade, put off by chill economic winds. Even so domestic brands led…
Exclusive: Lyft’s IPO already oversubscribed – sources
FILE PHOTO: An electric scooter from the ride sharing company Lyft is shown on a downtown sidewalk in San Diego, California, U.S., March 15, 2019. REUTERS/Mike Blake NEW YORK (Reuters)…
Ride-hailing firm Lyft launches IPO road show in Uber’s shadow
(Reuters) – Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation of up to $23 billion and seeking to woo money…
Lyft to launch road show for up to $2 billion IPO: sources
(Reuters) – Ride-hailing platform Lyft Inc will launch the investor road show for its initial public offering on Monday, seeking to raise as much as $2 billion and to be…
Apple infringed three Qualcomm patents, jury finds
(Reuters) – Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that…