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Elon Musk's Boring Co raises about $117 million in latest funding round

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Elon Musk’s Boring Co raised about $117 million in its latest round of funding from 20 unnamed investors after offering to sell about $120 million in equity, the company disclosed in a regulatory filing on Friday.

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Elon Musk's Boring Co raises about $117 million in latest funding round

Comments Off on Elon Musk's Boring Co raises about $117 million in latest funding round

Elon Musk’s Boring Co raised about $117 million in its latest round of funding from 20 unnamed investors after offering to sell about $120 million in equity, the company disclosed in a regulatory filing on Friday.

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London Stock Exchange in talks to combine with Refinitiv: source

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The London Stock Exchange Group Plc (LSE) is in talks to combine with Refinitiv, less than a year after Blackstone Group Inc bought a majority stake in the data analytics platform in a $20 billion deal, a person familiar with the matter said on Friday.

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Sprint, T-Mobile win U.S. antitrust approval for $26 billion merger

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T-Mobile US Inc won U.S. antitrust approval for its $26 billion takeover of rival Sprint Corp, the Justice Department said Friday, clearing a major hurdle to a deal that merges the nation’s third and fourth largest wireless carriers.

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Southern California home prices rose only a little in June, and sales slid

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The Southern California median home price rose just 1.2% in June, a reflection of a broad slowdown in the housing market.

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Southern California home prices rose only a little in June, and sales slid

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The Southern California median home price rose just 1.2% in June, a reflection of a broad slowdown in the housing market.

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Oil gains on U.S. economic data, Gulf crude tanker dispute

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Oil prices inched up on Friday, ending the week higher after stronger-than-expected U.S. economic data brightened the crude demand outlook and concerns over the safety of oil transport around the Strait of Hormuz threatened supply.

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Dish Network has tough road to become competitive mobile carrier

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Dish Network’s bid to become a fourth U.S. mobile carrier may cost billions more than it expected and pits it against corporate giants, but the satellite TV provider has an advantage in starting fresh, with no legacy technology to maintain, and deep-pocketed potential partners are standing by.

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T-Mobile says cost to close merger with Sprint should come down by 10%

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T-Mobile US said on Friday that the cost required to acquire smaller rival Sprint will come down by 10 percent from the initial $26.5 billion following the divesture of assets to Dish Network.

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Alphabet, Starbucks send Wall Street to record high

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Robust earnings from Alphabet and Starbucks pushed the S&P 500 and Nasdaq indexes to record highs on Friday, with support from data showing U.S. economic growth slowed less than expected in the second quarter.

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