Cybersecurity firm Darktrace hit an opening valuation of £1.7 billion ($2.37 billion) with its London IPO. The firm priced its shares at 250p and saw that soar as much as 38% in the opening hour Friday. It represents a stronger early performance by a tech company in London than Deliveroo’s IPO in March. See more…
Mannequins wrapped in red and white tape stand in front of the Brandenburger Gate in Berlin as part of an art installation. Michele Tantussi/Getty Images The Eurozone economy shrank in the first quarter, putting the bloc back into a recession. Rising coronavirus cases caused countries to reimpose lockdown measures, which hit growth. But the EU’s…
President Joe Biden gave his first address to a joint session of Congress on Wednesday. Biden called the Capitol riot an “existential crisis” for America that “desecrated our Democracy.” He also called for ambitious economic recovery plans on jobs, infrastructure, and childcare. See more stories on Insider’s business page. During his first address to a…
MyPillow CEO Mike Lindell made an appearance on Jimmy Kimmel’s late-night show on Wednesday night. The two had a 20-minute conversation, during which Lindell said he had not been home in months because of “death threats.” The two previously exchanged barbs after Kimmel mocked Lindell’s social network, Frank. See more stories on Insider’s business page.…
Moderna will make up to 3 billion doses of its COVID-19 vaccine in 2022, the biotech said Thursday. The CEO said “there will continue to be significant need” for shots and boosters in 2022 and 2023. The company is testing lower doses as booster shots, which could expand future supply. See more stories on Insider’s…
A newly released video shows NRA head LaPierre shooting an endangered elephant on a 2013 hunting trip. LaPierre repeatedly fails to kill the animal from close range; his guide eventually makes the kill. LaPierre’s wife, Susan, kills another elephant with ease and is filmed cutting off the animal’s tail. See more stories on Insider’s business…
Puppy protection: A new bill would require breeders to quit stacking caged dogs on top of each other
The Puppy Protection Action would establish new requirements for dog breeders. It calls for puppies to be given room to stand up in their cages and time to socialize with humans. The American Kennel Club has opposed similar measures, saying they impose “arbitrary requirements.” See more stories on Insider’s business page. One upside to the…
Smaller FIs are aware of the need to develop value-added digital customer experiences, but they have to do so with smaller budgets than their competitors. The following is a preview of Insider Intelligence’s Innovation Strategies at Small and Midsize FIs Report. You can purchase this report here. Do you work in the Banking industry? Get…
1 in 9 people in Puerto Rico left the territory in the last decade, new US Census data release shows
The US Census Bureau released its first wave of 2020 Census data on Monday. The newly released data show Puerto Rico lost a ninth of its population over the last decade. Earthquakes and hurricanes crippled the territory’s infrastructure in recent years. See more stories on Insider’s business page. Puerto Rico lost a ninth of its…
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