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Uber stock pops more than 10% on $7 billion share buyback – CNBC

Uber Technologies CEO Dara Khosrowshahi speaks via webcast during Uber Technologies’ initial public offering on the floor of the New York Stock Exchange on May 10, 2019. Michael Nagle | Bloomberg | Getty Images UberThe company’s stock soared more than 10% Wednesday morning after the ride-hailing company announced it would buy back up to $7 […]

Jeff Bezos sells roughly $2 billion of Amazon shares

Amazon founder Jeff Bezos is selling about 12 million shares of the online retail and cloud services company for about $2 billion, shortly after he plans to sell his company’s stock over the next year, according to a company filing Friday. did. The sale took place on Wednesday and Thursday, according to filings. Amazon announced […]

Saudis Buy $3.2 Billion Missile Defense System from South Korea

South Korea’s Defense Ministry announced Tuesday that Saudi Arabia had agreed to buy a $3.2 billion surface-to-air missile defense system, but China said at a defense show in Riyadh that its weapons had attracted “great interest” from Saudi Arabia. ” he yelled. weekend. Saudi Arabia is also making advances in indigenous military systems, which could […]

Toyota invests $1.3 billion in factory to produce new electric SUV amid slowing EV market

Toyota announced plans to make additional investments on Tuesday. $1.3 billion The new electric SUV will be produced at a facility in Georgetown, Kentucky. recently press releasethe automaker revealed plans to allocate more funding to its flagship factory for “future electrification initiatives, including assembly of an all-new three-row battery electric SUV for the U.S. market.” […]

Speaker Johnson’s $17 billion Israel aid bill fails in House

A policy aimed at giving $17.6 billion to Israel failed to pass the House of Representatives on Tuesday. It was under threat of a veto from the White House, which wants Congress to consider aid to Israel as part of a massive $118 billion security package, and Republicans who want to offset the cost with […]