Records Observer

News for nerds

Chobani confidentially files for U.S. IPO, valuation may exceed $10 bln

Greek-yogurt maker Chobani could be valued at more than $10 billion in its initial public offering (IPO), a person familiar with the matter told Reuters on Wednesday, as the company

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Six things to know about the Pentagon’s defunct JEDI contract

The U.S. Defense Department canceled its $10 billion JEDI cloud-computing project this week, reversing the Trump-era award to Microsoft Corp (MSFT.O) and announcing a new contract expected to include its

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Robinhood IPO faces threat of retail snub on Reddit

Online brokerage Robinhood Markets Inc, which helped enable the “meme stock” frenzy earlier this year and later attracted flak for its handling of the trading mania, is facing pushback on

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Bezos, Branson and Musk: Who is winning the space tourism race?

Three billionaire entrepreneurs – Jeff Bezos, Elon Musk, and Richard Branson – are each vying to usher in a new era of private commercial space travel. Here is how their

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Brazil’s Petrobras price hikes show company’s independence

Brazil President Jair Bolsonaro was not consulted or informed about state oil giant Petrobras’ (PETR4.SA) decision this week to raise fuel prices, which underscores the company’s independence, Chief Executive Joaquim

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Ever Given container ship leaves Suez Canal 106 days after getting stuck

The Ever Given, one of the world’s largest container ships, resumed its journey and left the Suez Canal on Wednesday, 106 days after becoming wedged across a southern section of

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U.S., Canadian trade ministers raise concerns about Mexican energy sector

U.S. Trade Representative Katherine Tai and Canadian Trade Minister Mary Ng on Wednesday said they raised concerns about Mexican energy and investment policies during an in-person meeting with their Mexican

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