Four major technology companies potentially eyeing an IPO in 2018 include Spotify, Lyft, Airbnb, and WeWork. Reuter's BreakingViews Global Editor Rob Cox shares why these companies are poised for further disruption in their marketplaces.
"FAANG" is considered the stock market theme of 2017 says Cox. But "SLAW" is considered the next generation of large start-up disruptive companies. The acronym stands for Spotify, Lyft, Airbnb, and WeWork. If and when Lyft enters the public market, it will be the first time we get a glympse into the public play of transportation as a service says Cox.
Cox also shares his predictions for which city will be chosen as Amazon's second headquarters. "Amazon fundamentally could transform a city," says Cox. Choosing a city in need could help Amazon win public approval.
The U.S. Food and Drug Administration is warning parents and caregivers not to buy or serve certain pureed fruit pouches marketed to toddlers and young children because the food might contain dangerous levels of lead.
Some pumpkin farmers in the West, particularly wholesalers in places like Colorado and New Mexico, are feeling the pinching effects of drought.
General Motors and the United Auto Workers union have reached a tentative contract agreement that could end a six-week-old strike against Detroit automakers, three people briefed on the deal said.
Apple's 8pm ET event Monday will revolve around its iMAC computer lineup of products which are expected to contain its new faster and three next-generation silicon chip.
McDonald's reported better-than-expected profit and sales in the third quarter.
Major stock indexes are slated to close lower this month as investors brace for the Federal Reserve's rate decision and ahead of new jobs data.
The Food and Drug Administration issued an alert and specifically mentioned 26 eye drop products from a number of brands.
Workers at a number of pharmacy chains nationwide were planning a walkout Monday and going through Wednesday.
President Joe Biden on Monday will sign a sweeping executive order to guide the development of artificial intelligence — requiring industry to develop safety and security standards, introducing new consumer protections and giving federal agencies an extensive to-do list to oversee the rapidly progressing technology.
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