News & Analysis as of

Facebook Initial Public Offering (IPO)

Robins Kaplan LLP

Financial Daily Dose 11.5.2021 | Top Story: Jobs Report to Reveal Impact of Labor Unrest, Delta Variant

Robins Kaplan LLP on

Jobs Report Friday again! And this one should be a doozy, as we look for what a wave of recent strikes, increased competition for workers, and millions of workers reconsidering career paths will mean for the numbers...more

Robins Kaplan LLP

Financial Daily Dose 10.5.2021 | Top Story: Facebook Beset by Whistleblower Revelations, Massive Outage

Robins Kaplan LLP on

A day after whistleblower Frances Haugen went public with many of the allegations she’s been lobbing at Facebook (so far only through the Wall Street Journal’s recent expose series), Zuck & Co. found themselves mired in one...more

Robins Kaplan LLP

Financial Daily Dose 9.01.2021 | Top Story: Jury Selection Begins in Long-Awaited Elizabeth Holmes Fraud Trial

Robins Kaplan LLP on

Dispatch #1 from the Elizabeth Holmes Theranos criminal fraud trial, which opened yesterday with jury selection and saw the excusing of 9 of the initial batch of about 50 potential jurors for lack of vaccination...more

Robins Kaplan LLP

Financial Daily Dose 8.26.2021 | Top Story: Delta Airlines to Impose Healthcare Surcharge on Unvaxxed Employees

Robins Kaplan LLP on

While not mandating vaccines for its employees, Delta Airlines announced on Wednesday that it would begin charging unvaxxed workers enrolled in its healthcare program a monthly $200 surcharge, require Covid testing, and...more

Robins Kaplan LLP

Financial Daily Dose 8.20.2021 | Top Story: FTC Refiles Antitrust Lawsuit Against Facebook

Robins Kaplan LLP on

The Federal Trade Commission refiled its antitrust lawsuit against Facebook on Thursday 2 months after a federal judge dismissed the agency’s original case. The updated action repeated many of the same allegations against...more

Robins Kaplan LLP

Financial Daily Dose 5.13.2021 | Top Story: Stocks Continue Slide as CPI Shows Price Jump in U.S.

Robins Kaplan LLP on

Stocks fell again on Wednesday, the third day of losses in a row, and bond yields rose, spurred on by a 4.2% CPI increase as compared to a year ago. Though analysts were expecting that surge ...more

Robins Kaplan LLP

Financial Daily Dose 4.7.2021 | Top Story: IMF Boosts Economic Growth Projections But Warns of Uneven Post-Pandemic Recovery

Robins Kaplan LLP on

Though raising projections for overall economic growth over the next 2 years, the IMF warned this week that “an uneven rollout of vaccines” threatens to add to concerns about a “K-shaped” economic recovery on a global scale. ...more

Robins Kaplan LLP

Financial Daily Dose 3.11.2021 | Top story: Massive $1.9T Covid-Relief Legislation Passes Congress, Set to Become Law Friday

Robins Kaplan LLP on

With Wednesday’s passage in the House, the $1.9 trillion Covid relief bill is heading to President Biden’s desk for an anticipated Friday signature, “cementing one of the largest injections of federal aid since the Great...more

Robins Kaplan LLP

Financial Daily Dose 2.23.2021 | Top Story: SoftBank Nears Deal With WeWork’s Neumann for $500M Share Purchase

Robins Kaplan LLP on

Ousted eccentric WeWork co-founder and CEO Adam Neumann is reportedly closing in on a deal with SoftBank that would shave about $500 million (roughly half) off the total Masa Son would pay to buy Neumann’s shares. ...more

Robins Kaplan LLP

Financial Daily Dose 2.1.2021 | Top Story: Exxon and Chevron Merger On Table as Covid Devastates Big Oil

Robins Kaplan LLP on

Moved by Covid’s bite out of the energy industry, oil behemoths ExxonMobil and Chevron Corp. have held talks about joining forces, “testing the water for what could be one of the largest corporate mergers ever.” ...more

Robins Kaplan LLP

Financial Daily Dose 12.16.2020 | Top Story: EU and UK Regulators Announce Sweeping New Laws Aimed at Big Tech Gatekeepers

Robins Kaplan LLP on

EU and British authorities unveiled new proposals this week to “crimp the power of ‘gatekeeper’ platforms like Amazon, Apple, Facebook, Google and Microsoft, which policymakers argue deserve more oversight given their outsize...more

Robins Kaplan LLP

Financial Daily Dose 12.11.2020 | Top Story: Banner Airbnb Public Trading Debut Has Some Worrying About Tech Bubble

Robins Kaplan LLP on

Because too much of a good thing is always trouble (especially on Wall Street), market watchers are warning of a new tech bubble after Airbnb’s monster IPO on Thursday. The home-sharing app’s shares rose more than 112% to...more

Robins Kaplan LLP

Financial Daily Dose 12.10.2020 | Top Story: Federal and State Regulators Sue Facebook over Alleged Antitrust Violations

Robins Kaplan LLP on

The long-awaited Facebook antitrust bomb dropped on Wednesday, with the FTC and attorneys general from more than 40 states accusing Zuck & Co. of “buying up its rivals to illegally squash competition” in D.C. federal district...more

Robins Kaplan LLP

Financial Daily Dose 12.1.2020 | Top Story: GM Adjusts Deal with Nikola, Won’t Take Stock in E-Truckmaker

Robins Kaplan LLP on

Mere months after an announced major investment in start-up electric truck company Nikola (and the subsequent claims that the company had “exaggerated its capabilities), General Motors announced this week that it had...more

Robins Kaplan LLP

Financial Daily Dose 10.27.2020 | Top Story: US Markets Tank Over Booming Virus and Unlikely Stimulus

Robins Kaplan LLP on

A mix of surging Covid cases, the renewed restrictions and shutdowns they’ve prompted, and the unlikelihood of more virus stimulus any time soon sent stocks sharply down to start the week, with the S&P 500 charting its...more

Robins Kaplan LLP

Financial Daily Dose 8.24.2020 | Top Story: TikTok Confirms Plans to Sue U.S. over Recent Executive Orders Targeting App

Robins Kaplan LLP on

More on TikTok’s plans to sue the U.S. over the White House’s recent executive orders seeking to block the app on American soil and force its owner, ByteDance, to sell its American assets. The company intends to argue that...more

Robins Kaplan LLP

Financial Daily Dose 8.6.2020 | Top Story: Facebook Launches Instagram Reels to Compete with TikTok

Robins Kaplan LLP on

Never one to let a competitor’s misfortune pass by without looking for an opportunity, Facebook’s Instagram is hoping to capitalize on TikTok’s questionable U.S. status by launching Reels, a new feature that allows users to...more

Robins Kaplan LLP

Financial Daily Dose 7.7.2020 | Top Story: Treasury Department Releases Details of $660 Billion PPP Loans

Robins Kaplan LLP on

With the Treasury Department’s release of PPP data on Monday, we now have a clearer picture of the top recipients of the government’s “$660 billion small business relief program,” with “restaurants, medical offices and car...more

Robins Kaplan LLP

Financial Daily Dose 11.04.2019 | Top Story: Feds Probe Under Armour Accounting Practices

Robins Kaplan LLP on

Federal authorities have been looking into Under Armour’s accounting practices for the better part of the past two years, a revelation that sent company shares reeling in premarket trading this morning....more

Robins Kaplan LLP

Financial Daily Dose 10.18.2019 | Top Story: Unpacking the UK/EU Brexit Deal and Its Rocky Road Ahead in Parliament

Robins Kaplan LLP on

Details are trickling in on the tentative Brexit agreement reached between UK and EU negotiators this week, just 14 days ahead of the Halloween departure deadline.  A massive sticking point here remains the British...more

Robins Kaplan LLP

Financial Daily Dose 10.14.2019 | Top Story: WeWork Board Weighing Bailout Options from SoftBank and JPMorgan

Robins Kaplan LLP on

We Work’s largest investor, SoftBank, is reportedly sketching out plans in which it would drop billions of additional money on the company in return for giving Masa Son control of WeWork “and further sidelin[ing] its founder...more

Robins Kaplan LLP

Financial Daily Dose 10.7.2019 | Top Story: Talks Between GM and UAW Falter as Strike Hits Fourth Week

Robins Kaplan LLP on

Talks between General Motors and the striking UAW broke down yesterday, threatening the progress the two sides “appeared to make in recent days,” a troubling sign as the strike heads into its 4th week....more

Robins Kaplan LLP

Financial Daily Dose 9.16.2019 | Top Story: Weekend Attack on Aramco Oil Fields Sends Energy Prices Soaring

Robins Kaplan LLP on

A drone attack on Saudi Aramco oilfields this weekend affected 5% of global production and sent “energy prices substantially higher” late Sunday and early today. Analysts don’t anticipate a “severe shock to energy markets and...more

Robins Kaplan LLP

Financial Daily Dose 9.13.2019 | Top Story: ECB Cuts Rates and Restarts QE in Effort to Preempt European Downturn

Robins Kaplan LLP on

The ECB was even more aggressive than expected in its moves to “head off a downturn before it gained momentum,” cutting a key interest rate and reviving “a money-printing program.” At the same time, the central bank “issued...more

Robins Kaplan LLP

Financial Daily Dose 9.10.2019 | Top Story: Activist Investor Singer Discloses Stake in AT&T and Pushes for Change

Robins Kaplan LLP on

Paul Singer’s Elliott Management hedge fund revealed a $3.2 billion stake in AT&T and, along with it, a healthy-skepticism of the company’s 2018 purchase of Time Warner and general calls to divest as part of a 24-page letter...more

59 Results
 / 
View per page
Page: of 3

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide