Beauty Company Oddity Jumps in Debut After $424 Million IPO
Beauty and wellness company Oddity Tech Ltd. rose 36% in its trading debut after upsizing its initial public offering to raise $424 million, adding momentum to a listings rebound in the US.
Beauty and wellness company Oddity Tech Ltd. rose 36% in its trading debut after upsizing its initial public offering to raise $424 million, adding momentum to a listings rebound in the US.
United Parcel Service Inc. and its union will resume labor talks after negotiations had stalled earlier this month as the company seeks to head off a strike that could occur as early as Aug. 1.
US stocks rose on Wednesday as investors cheered cooling inflation in the UK and looked ahead to a kickoff in tech earnings due at the close of New York trading.
Morgan Stanley added to the recent wave of bank bond sales in the US investment-grade market on Wednesday, a sign that issuance is still going strong as lenders emerge from earnings blackout periods.
President Joe Biden announced new actions to target so-called junk fees, efforts he said would lower costs and help curb inflation that has damaged him politically ahead of the 2024 election.
Earnings season is helping US banks move on from the turmoil that shook the sector earlier this year, according to Wells Fargo analyst Mike Mayo.
Just how frenzied has the rally in Carvana Co. become?
United Airlines Holdings Inc. raised the low end of its profit forecast for the year and said it would earn more this quarter than Wall Street expected as the carrier benefits from burgeoning demand for international trips and still-strong fares.
Donald Trump’s effort to move New York’s criminal hush-money case to federal court from state court was rejected by a judge, the latest setback for the former president as he seeks a return to the White House.
Brazilian hedge-fund behemoth SPX Capital apologized to holders of one of its funds after a badly timed bet on its home country eroded returns.