(Reuters) - Dropbox Inc's shares closed at $28.42, up more than 35 percent in their first day of trading on Friday, as investors rushed to buy into the biggest technology initial public offering in more than a year even as the wider sector languished.
The online classified site, and others, say they fear increased liability for content posted by others under law intended to curb sex trafficking.
Business development companies stand to get a special favor from Congress.
Restaurant chains as of May will have to list calorie counts for beer, wine and mixed drinks under new Food and Drug Administration rules, but will patrons drink less?
With $380 million in the spending bill earmarked for securing digital elections, the time for talk is over.
Shares of Dropbox surged in their market debut, a sign of investors’ thirst for a big-name tech initial public offering with solid growth prospects.
MEXICO CITY, March 23 (Reuters) - French oil major Total will begin drilling its first deepwater exploration well at a block it operates in the Gulf of Mexico in October, according to a plan approved on Friday by Mexico's National Hydrocarbons Commission (CNH).
NEW YORK, March 23 (LPC) - Business Development Companies (BDCs) will gain access to additional capital to lend to small and mid-sized businesses after language to increase the maximum leverage allowed by the funds was added to a US$1.3trn government spending bill President Trump signed into law on Friday.
This week, Alex Davies and Aarian Marshall join us to discuss the latest news in self-driving car safety.
PORTO NACIONAL, Brazil, March 23 (Reuters) - Brazilian logistics company VLI SA has increased capacity of its Ferrovia Norte-Sul railway, a 720-km (447 miles) line linking the central state of Tocantins to the northern port of Itaqui, to serve farmers now harvesting this year's summer crop.
NEW YORK (Reuters) - Wall Street's three major indexes tumbled in late afternoon trading on Friday as investors shied away from risky bets going into the weekend while they braced for a potential U.S. trade war with China.
* Indexes down: Dow 1.2 pct, S&P 1.5 pct, Nasdaq 1.7 pct (Updates to late afternoon, adds commentary, changes byline, adds New York dateline)
BOSTON, March 23 (Reuters) - Alere Inc has agreed to pay $33.2 million to resolve claims it knowingly sold unreliable diagnostic testing devices to hospitals prior to its acquisition by Abbott Laboratories last year, the U.S. Justice Department said on Friday.
WASHINGTON, March 23 (Reuters) - Federal Communications Commission Chairman Ajit Pai said he shares the concerns of U.S. lawmakers about espionage threats from Chinese smartphone maker Huawei Technologies Co and plans to take "proactive steps" to ensure the integrity of the U.S. communications supply chain.
SAN DIEGO (Reuters) - Qualcomm Inc re-elected its board of directors on Friday with weak support from shareholders, who grilled the U.S. chipmaker over its strategy following its successful defense against a $117-billion hostile bid from Broadcom Ltd .
LONDON, March 23 (Reuters) - Investors have long toasted the U.S. stock market boom that emerged from the depths of the 2008 financial crisis, but one of the bull market's most vocal and visible cheerleaders has abruptly fallen silent: the U.S. President.
Trump stands for coal. Congress doesn't.
BRIEF-Judge At A UK High Court Has Granted Application By ICO For Warrant To Search London Offices Of Cambridge Analytica - Sky News
* JUDGE AT A UK HIGH COURT HAS GRANTED APPLICATION BY INFORMATION COMMISSIONER'S OFFICE FOR WARRANT TO SEARCH LONDON OFFICES OF CAMBRIDGE ANALYTICA - SKY NEWS
WASHINGTON (Reuters) - U.S. lawmakers on Friday formally asked Facebook Inc's Mark Zuckerberg to explain at a congressional hearing how 50 million users' data got into the hands of political consultancy Cambridge Analytica.
* BRAZIL'S STATE-OWNED BANK CAIXA ECONOMICA MAY PURSUE IPO OF ITS INSURANCE UNIT CAIXA SEGURIDADE THIS YEAR, CFO SAYS