Robinhood files to terminate share sale from backers
Online brokerage Robinhood Markets Inc (HOOD.O) said on Tuesday it was seeking a termination of the resale of its common shares by certain investors including…
Category: Business
How Big Tech is faring against U.S. lawsuits and probes
Big Tech platforms Meta Platforms Inc, formerly known as Facebook(FB.O), and Google have been hit with a series of antitrust lawsuits by the U.S. federal…
Uber, Deliveroo could be hit by draft EU rules for gig workers
Uber (UBER.N), Deliveroo (ROO.L) and other online platform companies may have to reclassify some of their workers as employees under draft European Union rules meant…
Ford to retire $5 billion in high-interest debt, issue green bonds
Ford Motor Co (F.N) said it plans to retire up to $5 billion in high-interest debt and tap into the fast-growing market for “green” bonds…
Meta Messenger head to leave company in 2022
Meta Platforms Inc said on Tuesday (FB.O) its Messenger head Stan Chudnovsky, who is also leading the integration of the social media network’s messaging apps,…
Disney names former Pentagon press secretary as corporate affairs head
Walt Disney Co (DIS.N) on Tuesday named former Pentagon press secretary Geoff Morrell to the newly created position of chief corporate affairs officer, overseeing corporate…
U.S. warns 5G wireless use could prompt flight diversions
The U.S. Federal Aviation Administration (FAA) on Tuesday warned that interference from planned use of 5G wireless spectrum posed an air safety risk and could…