Articles

Hargreaves Lansdown accepts private equity consortium’s £5.4 billion takeover offer

The Bristol headquartered investment platform called on shareholders to vote in favor of the deal that would see Hargreaves Lansdown pulled off the London Stock Exchange

China consumer inflation rises, factory-gate prices continue to fall in July

China’s consumer inflation rose a touch more than expected in July, a tentatively encouraging sign for policymakers who have been struggling to boost household spending.

Funko names new CFO as company swings to Q2 profit

Funko named Yves Le Pendeven as its chief financial officer.

Eventbrite to cut about 100 jobs, reducing workforce by 11%

The moves will reduce annual operating costs by $30 million, and are expected to be substantially completed by the third quarter.

Fastly to cut about 11% of its global workforce

Fastly said it was cutting its global workforce by 11% as part of a restructuring plan.

Sweetgreen stock surges more than 20% on better outlook and sales

Shares of Sweetgreen soared after the company increased its revenue and same-store sales outlooks for the year on higher-than-expected sales in the second quarter.

ZipRecruiter stock surges on surprise second-quarter profit

ZipRecruiter’s stock surged Thursday after the online job-market site posted a surprise quarterly profit.

Yelp’s revenue rises despite persisting challenges to restaurant industry

Yelp logged higher revenue in the latest quarter from growth across its home-services business, which offset continued softness across the restaurant industry.

Gilead Sciences posts higher Q2 profit and revenue on increased sales

Gilead Sciences posted higher quarterly profit and revenue that beat analysts’ expectations on increased sales.

Grindr sees revenue and user growth in Q2, raises full-year guidance

Grindr raised its full-year guidance after growing its revenue and user base in the second quarter.

Retail investors sat out this week’s wild market swings by trading fewer options

Risk aversion meant individual investors scaled back their options bets.

‘Elon’s just a call away’: Latest twist in Boeing’s Starliner saga underlines SpaceX’s progress

After problems with Boeing’s Starliner capsule, NASA is weighing bringing astronauts Butch Wilmore and Suni Williams home aboard a SpaceX spacecraft.
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