Corporate stock

Customers sit inside a Luckin Coffee shop at a shopping center in Beijing, Saturday, May 18, 2019. Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday. (AP Photo/Mark Schiefelbein)
May 18, 2019 - 4:43 am
NEW YORK (AP) — Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday. The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370 locations and plans to surpass the 3,700 stores Starbucks has in...
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FILE - In this Friday, March 29, 2019 file photo, Lyft co-founders John Zimmer, front second from left, and Logan Green, front second from right, cheer as they as they ring a ceremonial opening bell in Los Angeles, to mark trading on the Nasdaq exchange under the ticker symbol "LYFT." A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the competition, giving the leaders a duopoly in almost every American city. (AP Photo/Ringo H.W. Chiu)
May 11, 2019 - 3:40 pm
SAN FRANCISCO (AP) — A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the...
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Stock trader Gregory Rowe works at the New York Stock Exchange, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 10, 2019 - 5:07 pm
Wall Street capped a turbulent week with a late-day rally Friday after shaking off an early slump triggered by the latest escalation in the trade war between the U.S. and China. The market fell sharply in the early going after the U.S. raised tariffs on $200 billion worth of Chinese goods when...
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Uber CEO Dara Khosrowshahi, third from left, takes a photograph as he attends the opening bell ceremony at the New York Stock Exchange, as his company makes its initial public offering, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 10, 2019 - 1:10 pm
NEW YORK (AP) — Uber began trading as a public company at $42 per share Friday, nearly 7% below its initial public offering price on an already volatile day for the markets. The ride-hailing giant priced shares in the IPO Thursday at $45 each, raising $8.1 billion and giving the company a valuation...
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May 10, 2019 - 8:55 am
MILTON, Del. (AP) — Delaware-based craft beer company Dogfish Head Brewery is being acquired by the Boston-based brewer of Sam Adams beer in a $300 million cash and stock deal. The Boston Beer Company announced Thursday that it had entered into definitive agreements to acquire all of the equity...
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FILE - This March 20, 2018, file photo shows the Uber app on an iPad in Baltimore. Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. Uber's shares begin trading on the New York Stock Exchange, Friday, May 10, 2019. (AP Photo/Patrick Semansky, File)
May 09, 2019 - 7:46 pm
SAN FRANCISCO (AP) — Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. The world's leading ride-hailing service set the stage for its long-awaited arrival on the stock market by pricing its initial public offering at $45 per share late...
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Annette Ribero, left, of San Jose, and Jeff Terry, of Sacramento, hold signs during a demonstration outside of Uber headquarters Wednesday, May 8, 2019, in San Francisco. As Uber executives lure investors to infuse the company with billions of dollars ahead of the largest technology IPO this year, the men and women behind the wheels of the largest ride-hailing companies are pushing for higher wages and recognition for their role in building the companies. (AP Photo/Eric Risberg)
May 08, 2019 - 6:35 pm
NEW YORK (AP) — The executives at Uber are working hard to design a future where the company earns billions of dollars by allowing riders to summon fully automated robotaxis. Until then, they must rely on an army of human drivers — nearly 4 million across the globe — to keep the business humming...
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FILE - In this May 8, 2018, file photo, a Waymo logo is displayed on the door of a car at the Google I/O conference in Mountain View, Calif. Google's self-driving car spinoff Waymo is teaming up with Lyft in Arizona to attempt to lure passengers away from ride-hailing market leader Uber. (AP Photo/Jeff Chiu, File)
May 07, 2019 - 7:00 pm
SAN FRANCISCO (AP) — Google's self-driving car spinoff Waymo is teaming up with Lyft in Arizona to attempt to lure passengers away from ride-hailing market leader Uber. The alliance announced Tuesday will allow anyone with the Lyft app in the Phoenix area to summon one of the 10 self-driving Waymo...
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FILE - In this March 29, 2019 file photo, Los Angeles mayor Eric Garcetti speaks during and event for Lyft in Los Angeles. Lyft reports financial results on Tuesday, May 7, 2019. (AP Photo/Ringo H.W. Chiu, File)
May 07, 2019 - 4:17 pm
NEW YORK (AP) — Ride-hailing company Lyft is reporting strong revenue growth but substantial losses in its first quarterly earnings report since its rocky stock market debut. Lyft posted revenue of $776 million for the first quarter of 2019, nearly double what it made the same time last year. But...
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FILE - In this May 1, 2019, file photo, trader Robert Charmak, left, works on the floor of the New York Stock Exchange. On Monday, May 6, U.S. stocks plunged at the opening of trading, following a sell-off in global markets, after President Donald Trump threatened to escalate a trade war between the world’s two largest economies. (AP Photo/Richard Drew, File)
May 06, 2019 - 3:56 pm
Fresh market jitters over the possibility of an escalation in the costly trade war between the U.S. and China pulled stocks broadly lower on Wall Street Monday. The sell-off, which eased toward the end of the day after an initial steep slump, came a day after President Donald Trump threatened to...
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