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The company may relocate up to 200 employees from Seychelles to one of the Caribbean jurisdictions. 1522 Total views 12 Total shares Chinese crypto exchange Huobi, which recently has had to disavow the rumors about massive layoffs inside the company, unveiled the plans to move its headquarters to one of the jurisdictions in the Caribbean, […]
The Energy Information Administration on Wednesday reported that U.S. crude inventories fell by 3.1 million barrels for the week ended Oct. 28. On average, analysts forecasted a decrease of 1.6 million barrels, according to a poll conducted by S&P Global Commodity Insights. The EIA also showed a weekly inventory decline of 1.3 million barrels for […]
An earlier version of this report gave incorrect revenue numbers. Bausch & Lomb had $942 million in revenue in the third quarter of the year, down from $949 million in the same three months of last year. It has been corrected. Bausch + Lomb Corp. BLCO, -2.93% said Wednesday that it had a loss of […]
Alation Inc. said Wednesday it closed a $123 million round of Series E financing that values the Redwood City, Calif., data management company at $1.7 billion. Thoma Bravo, Sanabil Investments and Costanoa Ventures led the round, with participation from new investor Databricks Ventures as well as existing and other investors such as Dell Technologies Capital […]
Shares of Amazon.com Inc. AMZN, -1.95% reversed an early gain to fall into negative territory, again, to put them in danger of a sixth-straight loss and the lowest close in 2 1/2 years. The ecommerce and cloud giant’s stock was up as much as 1.0% just after the opening bell, but was down 0.8% in […]
U.S. stocks opened modestly lower on Wednesday as investors digested stronger-than-expected private payrolls data while waiting to hear from Federal Reserve Chairman Jerome Powell. The S&P 500 SPX, -0.52% opened 8 points, or 0.2%, lower at 3,847. The Dow Jones Industrial Average DJIA, -0.19% fell 102 points, or 0.3%, to 32,550. The Nasdaq Composite COMP, […]