Reddit Sets IPO Price at $34 Per Share for $6.4 Billion Valuation Ahead of Its Public Debut on New York Stock Exchange

Reddit has set the price of its shares at the top of its targeted range, valuing the popular social media platform at $6.4 billion as it proceeds with its initial public offering (IPO).


Target Implements New Self-Checkout Policy Nationwide: Limits It to 10 Items Per Transaction

Target has begun implementing a new self-checkout policy nationwide, which restricts the number of items shoppers can process per transaction to 10.

Hermès Sued in Class Action Lawsuit Alleging Unfair Exclusivity Tactics in Birkin Bag Sales

Plaintiffs argue that Hermès restricts Birkin bag sales to high-volume buyers, violating antitrust laws.

Biden Admin Unveils Final Tailpipe Pollution Rules, Slowing EV Transition Until 2030

Biden admin adjusts EV targets to 35%, balancing industry concerns. EPA's new rules ease the transition, aiming for 50% emissions cut by 2032 amidst environmental and economic considerations


Latest News

Scientists are gearing up for mass production of perovskite solar panels, using the material's efficiency in capturing solar energy, despite previous challenges in making them market-ready.
Kering issued an unexpected profit warning due to plummeting Gucci sales in Asia, lowering its stock price by 14%.
UK's inflation rate fell to 3.4% in February, its lowest level since September 2021. UK's inflation rate was lower than expected at 3. 4% year-on-year in February, down from 4% in January and its lowest level since September 2021, official data showed Wednesday.
Donald Trump has sued ABC News and George Stephanopoulos after the host made rape claims against the former president during an interview.
Many Chinese semiconductor companies associated with Huawei are reportedly being considered for blacklisting by the Biden administration.
The new Microsoft-TESDA partnership will enable more than 100,000 women in the Philippines to gain artificial intelligence (AI) and cybersecurity skills.
New Zealand announced Wednesday that it would soon ban single-use vapes and raise penalties against those who sell these disposable e-cigarettes and tobacco cigarettes to minors.
President Joe Biden revealed his plan to lower housing costs on Tuesday to address high rental costs as he blasted the policies of his predecessor, Donald Trump, while using the former president's signature phrase.
Godfreys will permanently close stores after administrators failed to secure a buyer for the financially troubled company.
Apple CEO Tim Cook arrives in Shanghai ahead of a new retail store opening and decreasing iPhone sales.