Articles written by Aditya Raghunath - Benzinga

Amazon's Faces Investigations In Connecticut Over Anti-competitive Practices In E-books Business

|The anti-competition investigations against Jeff Bezos’ Amazon Inc (NASDAQ: AMZN) have now spilled over into its e-books business in Connecticut, accordin

Petco Raises $864M In Upsized IPO

|Petco Health and Wellness Company Inc. announced Wednesday that it issued 48 million shares at $18 per share in its initial public offering. The issue price was higher than the earlier marketed price range of $14 to $17.

Telefonica Offloads Europe, LATAM Tower Sites To American Tower In $9.4B Cash Deal

|Spanish telecom company Telefonica S.A. (NYSE: TEF)

US Lawmakers Seek Information From Telco's To Decide Broadband Stimulus Aid: Washington Post

|Lawmakers are reaching out to telecom giants like AT&T Inc (NYSE: T), Comcast Corporation (NASDAQ:

Regeneron To Supply US With Another 1.25M COVID-19 Treatment Doses

|Biotech company Regeneron Pharmaceuticals Inc (NASDAQ: REGN) announced the signing of a $2.625 billion supply agreement with the U.S. government for its COVID-19 antibody cocktail.

Visa Calls Off $5.3B Merger Deal With Plaid Over DOJ Lawsuit

|Payment solutions provider Visa Inc (NYSE: V) and fintech company Plaid Inc have called off their merger plans originally announced in January last year.

Xpeng Secures $1.98 Billion Credit Line To Fuel Expansion Plans

|Chinese electric vehicle manufacturer Xpeng Inc (NYSE: XPEV), on Monday,

LoanDepot Seeks NYSE IPO Listing Amid Mortgage Boom

|In its latest filing with the Securities and Exchange Commission on Monday, mortgage lending company LoanDepot Inc disclosed its plans to go public

Checkout.com Gets $15B Valuation In Funding Round Led By Tiger Global

|Checkout.com received a $15 billion valuation in its latest funding round led by Tiger Global Management LLC, according to the CEO of the London-based online payment solutions provider, Guillaume Pousaz.

SoftBank Dumps $2B Worth Of Uber Shares After Stock's Rally

|SoftBank Group Corp’s (OTC: SFTBY) Vision Fund has disposed of $2 billion worth of Uber Technologies Inc (NYSE: UBER) common stock shares last week, as reported earlier by

Top Us Banks To Remove Hong Kong listed Products With Exposure To Sanctioned Chinese Companies

Why Amazon, Walmart, Chewy Are Letting Customers Keep Certain Items While Issuing Refunds

|Retail giant Walmart Inc (NYSE: WMT) and e-commerce stores like Amazon Inc (NASDAQ: AMZN) and Chewy Inc (NYSE: CHWY) are using artifici

Why Investment Strategist Ed Yardeni Is Worried About A Tech Stocks, Bitcoin-Led Market Meltdown

|Global investment strategist Edward Yardeni, during his interview on CNBC’s "Trading Nation," linked the current market trends to the dot-com boom in 1999.

Automakers Cut 2021 Production Targets In Wake Of Chip Supply Shortage: WSJ

|The automobile sector in the U.S. is bracing up for a drop in output due to a shortage in the supply of chips, reports the Wall Street Journal.

Strong iPhone Demand Helps Taiwan Semiconductor Clock Record Quarterly Revenue: Bloomberg

|Taiwan Semiconductor Manufacturing Company Limited’s (NYSE: TSM) revenues for the fourth quarter of 2020 could be close to NT$361.5 billion (roughly $12.92 billio

AmEx Faces Three-Pronged Federal Investigation Over Card Sales Practices: WSJ

|American Express Company (NYSE: AXP) is facing an investigation from three separate federal agencies over its business practices for card sales, the

Tencent-Backed Tuhu Seeking Fresh Funding At $4B Valuation: Report

|Shanghai-based independent auto aftermarket retailer and service provider, Shanghai Lantu Information Technology Co., Ltd., commonly known as Tuhu, is looking to raise fresh capital at a $4 billion valuation, reports Bloomber

Boeing Agrees To Settle US Criminal Charges Related To 737 MAX Probe For $2.5B

|Boeing Co (NYSE: BA) has agreed to pay a penalty of $2.5 billion to settle a criminal investigation with the U.S. Department of Justice.

Pfizer Study Shows Vaccine Efficacious Against COVID-19 Variant

|Pfizer Inc (NYSE: PFE)/BionNTech SE (NASDAQ: BNTX) COVID-19 showed signs of working against a mutation found in two highly-contagious COVID-19 virus variants detected in the U.K.

USTR Criticizes India, Italy, Turkey For Digital Service Tax, Holds Off Retaliatory Action