• Close family friend says Kanye West ‘has not recovered’ from mom’s death

    Close family friend says Kanye West ‘has not recovered’ from mom’s death

    As a child, Kanye West went weeks speaking in haiku and his watercolors were so professional you could hang them on a wall, said Ulysses Blakely, who dated the rapper’s mom, Dr. Donda West, for years. “This child was plainly and self-evidently extraordinary,” Blakely, who helped raise the rapper into his late teen years, told …
  • Kim and Kanye’s marriage may not survive rapper’s latest episode

    Kim and Kanye’s marriage may not survive rapper’s latest episode

    Sources close to Kayne West and Kim Kardashian fear that their marriage won’t survive his latest public outbursts. The insiders believe that the rapper’s frightening behavior — including Sunday’s “campaign rally” where he cried while claiming that he had wanted to abort their first child and railed against Harriet Tubman — is connected to a …
  • Chipotle to hire 10,000 to staff drive-thru expansion

    Chipotle to hire 10,000 to staff drive-thru expansion

    Chipotle Mexican Grill said on Wednesday it plans to hire as many as 10,000 employees over the next few months to help support the expansion of drive-thru lanes at its restaurants. The COVID-19 pandemic has curtailed dining-in at restaurants across the US, resulting in a surge in online orders. Chipotle intends to cater to this …
  • Ackman’s blank check company raises IPO target to $4 billion

    Ackman’s blank check company raises IPO target to $4 billion

    Pershing Square Tontine Holdings, the blank check company backed by billionaire investor Bill Ackman, has increased the size of its initial public offering by $1 billion to $4 billion, the largest ever IPO by a special purpose acquisition company, or SPAC. The firm plans to go public with 200 million units at $20 each, according …
  • Grocery giant Albertsons expects to raise $1.3B in IPO

    Grocery giant Albertsons expects to raise $1.3B in IPO

    Grocery conglomerate Albertsons expects to raise up to $1.3 billion when it goes public amid a coronavirus-related sales boom. Some of the Idaho-based company’s stockholders will sell 65.8 million shares at $18 to $20 apiece in the upcoming initial public offering, Albertsons said Thursday. The high end of that price range would value Albertsons at …
  • DoorDash valued at $16 billion in pre-IPO funding round

    DoorDash valued at $16 billion in pre-IPO funding round

    Read More: Dutch food-ordering company close to buying Grubhub NYC Council to press food deliverers like Grubhub to stop charging restaurants fees Grubhub acquired by Dutch food-delivery company in $7.3 billion tie-up Grubhub acquisition sets up delivery duel with Uber
  • Online used car seller Vroom surges 83 percent in IPO

    Online used car seller Vroom surges 83 percent in IPO

    Shares of online used car seller Vroom Inc. soared nearly 83 percent in their market debut on Tuesday, as the US IPO market roars back to life after the coronavirus crisis slammed the brakes on new listings. Shares opened at $40.25, giving the company a market value of $4.54 billion. The IPO was priced at …
  • 6 Reasons Chipotle Proves That Capitalism Is Amazing

    6 Reasons Chipotle Proves That Capitalism Is Amazing

    When you dine at Chipotle, you have more choices than kings had a century ago. 1. For about $10, you gain access to an entire kitchen of gourmet chefs, who work with only the finest cuts of protein and veggies. To produce a similar burrito without Chipotle would require raising your own cows, avocados, poultry, …
  • Zoominfo aims to price IPO above target in largest 2020 tech listing

    Zoominfo aims to price IPO above target in largest 2020 tech listing

    Zoominfo Technologies is looking to price its initial public offering on Wednesday above its upwardly revised target range in what is set to be the largest US technology listing so far this year, people familiar with the matter said. A B2B data-seller, Zoominfo — not to be confused with Zoom Video Communications, the firm that …
  • Warner Music prices IPO at $25 a share, values company at $12.75 billion

    Warner Music prices IPO at $25 a share, values company at $12.75 billion

    Warner Music Group priced its initial public offering at $25 per share, valuing the record label, which represents the likes of Ed Sheeran, Bruno Mars and Cardi B., at an eye-popping $12.75 billion. The music giant headed by Chief Executive Lucian Grainge, which is the parent of labels including Atlantic Records, Warner Records and Elektra …