Self-Driving Truck Startup TuSimple Raises $1.35 Billion In Nasdaq IPO

Self-Driving Truck Startup TuSimple Raises $1.35 Billion In Nasdaq IPO
Self-Driving Truck Startup TuSimple Raises $1.35 Billion In Nasdaq IPO
April 15, 2021  |  IPO

Silicon Valley self-driving truck technology startup TuSimple rang the opening bell on Wall Street Thursday (April 15) after raising $1.35 billion in an initial public offering (IPO)....

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Freddie Mac: US Housing Market Faces Shortfall Of 3.8 Million Homes
Freddie Mac: US Housing Market Faces Shortfall Of 3.8 Million Homes
April 15, 2021  |  Real Estate

The U.S. housing market is facing a supply deficit, with 3.8 million single-family homes less than buyer demand, The Wall Street Journal reported Thursday (April 15). Get...

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Target To Use Internal Delivery Teams For Faster Shipping
Target To Use Internal Delivery Teams For Faster Shipping
April 15, 2021  |  Delivery

Target, looking to speed up its deliveries, will now enlist a team of delivery people rather than just shipping packages through carriers, CNBC reported. The...

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Consumer Spending, Low Credit Card Delinquencies Lifts Big Bank Earnings
Consumer Spending, Low Credit Card Delinquencies Lifts Big Bank Earnings
April 15, 2021  |  Banking

If there’s one universal theme thus far across bank earnings, across banks large and small, investment banking juggernauts and more retail-oriented firms … it’s that...

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Optum, Medicare Drive Strong UnitedHealthcare Q1 Results
Optum, Medicare Drive Strong UnitedHealthcare Q1 Results
April 15, 2021  |  Earnings

As the first major health insurer to release Q1 results this year, the UnitedHealth Group has set the bar high. Across its Optum and UnitedHealthcare...

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Walmart Backs Electric Vehicle Company Cruise
Walmart Backs Electric Vehicle Company Cruise
April 15, 2021  |  Investments

Walmart has invested in San Francisco-based Cruise, which is working on an all-electric fleet of self-driving cars, according to a press release. Walmart said it...

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Delta Air Lines Reverses Cash Burn Amid Pandemic
Delta Air Lines Reverses Cash Burn Amid Pandemic
April 15, 2021  |  Earnings

Delta Air Lines reported on Thursday (April 15) that cash burn averaged $11 million per day during the March quarter, although the air carrier began...

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Amazon Starts $250 Million Venture Fund Targeting Tech In India
Amazon Starts $250 Million Venture Fund Targeting Tech In India
April 15, 2021  |  Amazon Investments

Amazon’s launch of a $250 million venture fund focused on India is the Big Tech company’s next big step for its investment program targeting the...

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Taiwanese Ghost Kitchen JustKitchen Begins Trading In Canada
Taiwanese Ghost Kitchen JustKitchen Begins Trading In Canada
April 15, 2021  |  IPO

Trading started for the Taiwan-headquartered JustKitchen Holdings Corp. on Thursday (April 15) on Canada’s TSX Venture Exchange under the ticker JK. Get the Full Story...

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