Update: Uber slides in first day of trading

Business 05/10/19, 11:04

The Latest on ride-hailing giant Uber's initial public stock offering (all times local):11:59 a.m.Uber's shares began trading about $2 below its initial public offering price of $45.A banner for Uber is draped on the front of the New York Stock Exchange before the world's largest ride-hailing service holds its initial ...

Uber loss grows in 3Q; company says it’s investing in future

Business 11/14/18, 17:19

Uber's net loss widened by $177 million in the third quarter as the ride-hailing giant continued to invest ahead of a planned initial public stock offering next year.The San Francisco company lost just over $1 billion from July through September, compared with an $891 million loss in the second quarter. ...

Biopharmaceutical company fined for misleading investors

News 09/19/18, 22:23

A Colorado-based biopharmaceutical company has been penalized more than $20 million for misleading investors about the efficacy of a lung cancer drug under development before raising $300 million in a public stock offering.The U.S. Securities and Exchange Commission brought the complaint against Clovis Oncology Inc., of Boulder, and two company ...

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