The wireless companies are boosting monthly fees and increasing the cost of…
Browsing Tag
Corporate Funding
17 posts
CIOs Expect Solid Tech Budgets Despite Recession Fears
Chief information officers said they are facing pressure to ramp up some…
Chinese Lithium Giant Tests Investor Demand for Hong Kong IPO
HONG KONG—One of China’s top lithium producers began marketing what is expected…
Latam Airlines Cleared to Depart Chapter 11 Under Creditors’ Control
A bankruptcy judge approved a chapter 11 exit plan for Latam Airlines…
Cosmetics Maker Revlon Files for Bankruptcy
Revlon Inc. filed for bankruptcy, potentially ending a decadeslong bet on the…
Marc Lore’s Food-Delivery Startup Wonder Is Valued at $3.5 Billion After Capital Raise
Wonder Group, a food-delivery startup led by Jet.com founder Marc Lore, has…
Peloton Swaps Out Finance Chief as It Navigates Persistent Losses
Peloton Interactive Inc. is exchanging its top finance executive about four months…
Companies Start to Lean More on Cost Savings Amid Persistent Inflation
Companies are taking steps to cut costs and improve efficiency after many…
Treasury Releases Pandemic Funding for Small Businesses as They Face New Risks
A federal pandemic aid program aimed at boosting small businesses’ access to…
Accounting Firm EY Considers Split of Audit, Advisory Businesses
Big Four accounting firm Ernst & Young is considering a world-wide split…
Alibaba, Hit by Covid in China, Posts Slowest Revenue Growth Since IPO
Alibaba Group Holding Ltd. posted the slowest revenue growth for the second…
IRS, Reversing Course, Tees Up Potential Tax Fight With Multinational Companies
WASHINGTON—The IRS is preparing for an extended fight over a deduction created…
Lordstown Motors’ Ability to Stay in Business Hinges on Raising Capital, Valuation, CFO Says
Lordstown Motors Corp.’s ability to stay in business for at least another…
Lordstown Motors Remains Concerned About Ability to Stay in Business, CFO Says
Lordstown Motors Corp.’s ability to stay in business for at least another…
Renault Sells Russia Business to State-Backed Entity for One Ruble
PARIS—French auto maker Renault SA has reached a deal to cede its…
Instacart Prepares for IPO Amid Volatile Markets, Changing Consumers
Instacart Inc.’s plans to launch a public offering puts the grocery-delivery company…
Hot Job Market, Strong Demand for CFOs Strain Due Diligence
The sudden exit of Moderna Inc.’s newly hired chief financial officer shines…