Uber to give its market value a lift in stock market debut
May09

Uber to give its market value a lift in stock market debut

Uber’s next stop is the stock market, where it hopes to pick up more investors willing to bet on a ride-hailing market brimming with potential and conspicuously lacking in profits. The world’s largest ride-hailing service reached a major milestone Thursday when Uber priced its long-awaited initial public offering at $45 price per share to set the stage for its stock to begin trading Friday morning. The IPO came in at the...

Read More
2 Chinese men indicted for hacking Anthem, 3 other companies
May09

2 Chinese men indicted for hacking Anthem, 3 other companies

A federal grand jury has indicted two Chinese men for hacking into the computers of health insurer Anthem Inc. and three other, unnamed companies, the Justice Department said Thursday. The indictment alleges Fujie Wang, 32, and a man identified only as John Doe stole the personal information of nearly 79 million people — including names, birthdates, Social Security numbers and medical IDs — from Anthem in 2015 in the biggest known...

Read More
Amazon’s Bezos says he’ll send a spaceship to the moon
May09

Amazon’s Bezos says he’ll send a spaceship to the moon

Amazon tycoon Jeff Bezos said Thursday he’s going to send a spaceship to the moon, joining a resurgence of lunar interest half a century after people first set foot there. Bezos said his space company Blue Origin will land a robotic ship the size of a small house, capable of carrying four rovers and using a newly designed rocket engine and souped-up rockets. It would be followed by a version that could bring people to the moon...

Read More
Uber shifts into lower gear, prices IPO at $45
May09

Uber shifts into lower gear, prices IPO at $45

Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. The world’s leading ride-hailing service set the stage for its long-awaited arrival on the stock market by pricing its initial public offering at $45 per share late Thursday. The price is at the lower end of its targeted range of $44 to $50 per share, a decision that may have been driven by the escalating doubts about the...

Read More
Scientists liken Anglo-Saxon burial site to King Tut’s tomb
May09

Scientists liken Anglo-Saxon burial site to King Tut’s tomb

Archaeologists say an underground chamber discovered accidentally by road workers may be the site of the earliest Christian royal burial in Britain. The chamber was uncovered between a road and a railway line in the village of Prittlewell in 2003. It turned out to be a 1,400-year-old burial site containing items that were interred with whoever was buried there. The contents included a golden belt buckle, remnants of a harp, glassware...

Read More