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Ride-hailing firm Lyft launches IPO road show in Uber's shadow

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(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 managers before larger ride-hailing rival Uber Technologies Inc goes public in April. An electric scooter from the ride sharing company Lyft is shown on a Read More

Wall Street treads water as Boeing, Facebook weigh; Fed meeting on tap

3 hours ago DieselGasoil Comments Off on Wall Street treads water as Boeing, Facebook weigh; Fed meeting on tap
(Reuters) – U.S. stocks flitted between gains and losses on Monday, with losses in Boeing and Facebook limiting gains while investors waited for the Federal Reserve’s policy meeting later this week for further clues on the pace of interest rate hikes. FILE PHOTO: A trader works on the floor at the New York Stock Exchange Read More

Exclusive: Eldorado Resorts, Caesars explore merger – sources

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(Reuters) – U.S. casino operators Eldorado Resorts Inc and Caesars Entertainment Corp are in the early stages of exploring a merger, people familiar with the matter said on Sunday. FILE PHOTO: The marquee sign at Caesars Palace hotel is seen on the strip in Las Vegas, Nevada, U.S. February 16, 2011. REUTERS/Steve Marcus/File Photo The Read More

Amazon's second headquarters clears blocks in Virginia funding vote

2 days ago DieselGasoil Comments Off on Amazon's second headquarters clears blocks in Virginia funding vote
WASHINGTON (Reuters) – Amazon.com Inc’s planned second headquarters in northern Virginia cleared a key test on Saturday when local officials approved a proposed financial package worth an estimated $51 million amid a small but vocal opposition. Amazon in November picked National Landing, a site jointly owned by Arlington County and the city of Alexandria, just Read More

'Bomb cyclone' triggers flooding on Mississippi, Missouri rivers

3 days ago DieselGasoil Comments Off on 'Bomb cyclone' triggers flooding on Mississippi, Missouri rivers
(Reuters) – A powerful, late-winter “bomb cyclone” storm pushed into the U.S. Midwest and the Great Lakes region on Friday, causing flooding along the Mississippi and Missouri rivers, stranding herds of cattle and raising alarms at a Nebraska nuclear power plant. A general view of the blizzard in Greeley, Colorado, U.S. March 13, 2019 in Read More

Tech shares, trade optimism push Wall Street higher

3 days ago DieselGasoil Comments Off on Tech shares, trade optimism push Wall Street higher
(Reuters) – Wall Street’s main indexes hit session highs on Friday, in broad based gains led by technology stocks, as sentiment was lifted by an upbeat note in trade talks between the United States and China. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March Read More

Polar bear cub makes Berlin zoo debut

3 days ago DieselGasoil Comments Off on Polar bear cub makes Berlin zoo debut
BERLIN (Reuters) – A polar bear cub took its first hesitant steps outside its enclosure at the Tierpark Berlin zoo on Friday, stumbling awkwardly into a rock-lined pool under the watchful gaze of her mother, nine-year-old Tonja. The bear was born on December 1 but has spent three and a half months living in darkness Read More

China's premier says ready to use more policy tools to help economy

3 days ago DieselGasoil Comments Off on China's premier says ready to use more policy tools to help economy
BEIJING (Reuters) – The Chinese government has additional monetary policy measures that it can take to support economic growth this year, and will even cut “its own flesh” to help finance large-scale tax cuts, Premier Li Keqiang said on Friday. Chinese Premier Li Keqiang speaks at a news conference following the closing session of the Read More