Uber Technologies Inc. has been told by banks that it could be a $120 billion company when it goes public. Investors will be the ones who decide, though.
Wall Street brokerages scored a big win over the New York Stock Exchange and Nasdaq Inc. Tuesday when a U.S. regulator said the exchanges failed to justify fee increases that are crucial to their businesses.
A civil war has cast South Sudan into five years of bloody upheaval. The latest peace deal may hinge on something that’s almost as unpredictable: the oil price.
Freeport-McMoRan Inc.’s annual LME Week party is usually an opportunity for Chief Executive Officer Richard Adkerson to hobnob with the traders and consumers who buy copper from his mining company. At this year’s event, he was surrounded by investment bankers.
The mood among Russian consumers is souring just as inflation increasingly eats into their purchasing power.
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