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Instacart goes from supermarket to stock market, raising $660M with IPO
The pricing of the IPO gave Instacart a market value of around $10 billion, significantly lower than the $39 billion value placed on it after a fundraising round in 2021.
The pricing of the IPO gave Instacart a market value of around $10 billion, significantly lower than the $39 billion value placed on it after a fundraising round in 2021.
UAW President Shawn Fain said more factories could be targeted if “serious progress” toward an agreement isn’t reached by Friday at noon. “We’re not messing around,” he said.
The expansion for Simpson will give Ganassi three rookies in next year’s Indianapolis 500.
The United Auto Workers union has made pay disparity between CEOs and workers a central part of its argument for a big worker wage increase. A detailed look shows a more complicated picture.
Some businesses in the industry are continuing to bet big even as rivals such as AppHarvest wobble and fail.
Indiana Sen. Jon Ford, who is chairman of the Senate Committee on Elections, was first elected to the seat in 2014. He was reelected in 2018 and 2022.
It was the first time in the UAW’s 88-year history that it walked out on all three companies simultaneously, as four-year contracts with the companies expired at 11:59 p.m. Thursday.
The IRS has received 3.6 million claims for the credit over the course of the program. It said hundreds of criminal cases have been started and thousands of claims have been referred for audit.
While some MGM Resorts computer systems were still down, Caesars told federal regulators on Thursday that its casino and online operations were not disrupted.
President Joe Biden’s son has also been under investigation for his business dealings. The special counsel has indicated that charges of failure to pay taxes on time could be filed in Washington or in California, where he lives.
Union President Shawn Fain said the final decision on which plants to strike won’t be announced until 10 p.m. Thursday.
The most recent quarterly financial reports from retailers showed that Americans remain cautious as higher interest rates make cars, homes or using credit cards more expensive.
The NFL Players Association called on the league Wednesday to switch all fields to grass in what executive director Lloyd Howell said was “the easiest decision the NFL can make.”
In an online address to union members, United Auto Workers President Shawn Fain said General Motors, Ford and Stellantis have raised their initial wage offers, but have rejected some of the union’s other demands.
The nation’s biggest technology executives on Wednesday loosely endorsed the idea of government regulations for artificial intelligence at an unusual closed-door meeting in the U.S. Senate.
The U.S. Justice Department pressed ahead with its antitrust case against Google on Wednesday, questioning a former employee of the search engine giant about deals he helped negotiate with phone companies in the 2000s.
The NCAA said its national office in Indianapolis was coordinating with law enforcement to deal with possibly criminal threats against committee members.
Apple is being forced to phase out the Lightning port cables it rolled out in 2012 because of a mandate that European regulators plan to impose in 2024.
Prosecutors opened the biggest U.S. antitrust trial in a quarter century on Tuesday by saying that the case is about the future of the internet and whether Google’s search engine will ever face meaningful competition.
The leading decongestant used by millions of Americans looking for relief from a stuffy nose is likely no better than a dummy pill, according to government experts.