Fintech firm Nium cuts valuation by 30% in new funding round, eyes 2025 IPO
Westend61 | Westend61 | Getty ImagesAMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in ...
Tag: cuts
Google cuts at least 100 jobs across fast-growing cloud unit, sources say
Thomas Kurian, CEO of Google Cloud, speaks at a cloud-computing conference held by the company in 2019.Michael Short | Bloomberg ...
American Airlines cuts outlook, says chief commercial officer is leaving
American Airlines passenger jets are lined up at the gates at Ronald Reagan Washington National Airport in Arlington, Virginia, on ...
Berkshire cuts Apple investment by about 13%, Buffett hints that it’s for tax reasons
OMAHA, Nebraska — Warren Buffett's Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the "Oracle of ...
Wayfair shares surge after furniture retailer cuts losses by more than $100 million
Wayfair's sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its ...
American Airlines cuts some international flights into 2025, citing Boeing delivery delays
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto ...
Biogen tops profit estimates as cost cuts take hold, Alzheimer’s drug Leqembi launch picks up
A test tube is seen in front of displayed Biogen logo in this illustration taken on, December 1, 2021.Dado Ruvic ...
Market Shakeup: Bitcoin Takes A Hit As Fed Puts Rate Cuts On Hold
Bitcoin’s Price Response to Powell’s Statements Bitcoin, the leading cryptocurrency by market capitalization, saw a nearly 8% decline in its ...
Asian shares mixed as Fed’s Powell rethinks rate cuts, yields jump
SYDNEY - Asian shares were mixed on Wednesday as the world's most powerful central banker had a change of heart ...
Tesla shares fall to lowest in almost a year after job cuts heighten concerns about waning demand
Tesla CEO Elon Musk arrives for a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, ...
