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Naomi Osaka-backed Sweetgreen targets up to $2.7 billion valuation in IPO

Naomi Osaka-backed Sweetgreen targets up to $2.7 billion valuation in IPO

© Reuters. FILE PHOTO: Tennis – Australian Open – Women’s Singles Final – Melbourne Park, Melbourne, Australia, February 20, 2021 Japan’s Naomi Osaka celebrates with the trophy after winning her final match against Jennifer Brady of the U.S. REUTERS/Kelly Defina (Reuters) -Tennis star Naomi Osaka-backed salad chain Sweetgreen Inc said on Tuesday it was seeking…

Fed’s Bowman sees risks in housing market, flags inflation pressure

Fed’s Bowman sees risks in housing market, flags inflation pressure

© Reuters. FILE PHOTO: U.S. Federal Reserve Governor Michelle Bowman gives her first public remarks as a Fed policymaker at an American Bankers Association conference in San Diego, California, U.S., February 11 2019. REUTERS/Ann Saphir/File Photo (Reuters) – Federal Reserve Governor Michelle Bowman on Monday flagged a range of economic and financial stability risks posed…

UK’s Truss to visit southeast Asia to boost economic and security ties

UK’s Truss to visit southeast Asia to boost economic and security ties

© Reuters. FILE PHOTO: Britain’s Foreign Secretary Liz Truss speaks during the annual Conservative Party conference, in Manchester, Britain, October 3, 2021. REUTERS/Phil Noble/File Photo LONDON (Reuters) – British Foreign Secretary Liz Truss will travel to Malaysia on Sunday as part of a week-long visit to southeast Asia aimed at deepening economic and security ties…

‘Finally, infrastructure week!’ Biden says, cheering $1 trillion bill

‘Finally, infrastructure week!’ Biden says, cheering $1 trillion bill

© Reuters. U.S. President Joe Biden delivers remarks after late-night passage of a $1 trillion infrastructure bill to repair the nation’s airports, roads and bridges, next to U.S. Vice President Kamala Harris, at the White House in Washington, D.C., U.S. November 6, By Steve Holland and Heather Timmons WASHINGTON (Reuters) -A giddy President Joe Biden…

Analysis-With infrastructure vote, Congress gives Biden long-needed jolt of good news

Analysis-With infrastructure vote, Congress gives Biden long-needed jolt of good news

© Reuters. FILE PHOTO: U.S. President Joe Biden delivers remarks on the October jobs report at the White House in Washington, D.C., U.S., November 5, 2021. REUTERS/Evelyn Hockstein/File Photo By James Oliphant and Trevor Hunnicutt WASHINGTON (Reuters) – With this week’s election results in New Jersey and Virginia suggesting that voters are souring on Democrats,…

EV maker Rivian boosts IPO price range, aims for $65 billion valuation

EV maker Rivian boosts IPO price range, aims for $65 billion valuation

3/3 © Reuters. FILE PHOTO: R.J. Scaringe, Rivian’s 35-year-old CEO, introduces his company’s R1T all-electric pickup truck at Los Angeles Auto Show in Los Angeles, California, U.S. November 27, 2018. REUTERS/Mike Blake/File Photo 2/3 (Reuters) -Rivian Automotive, backed by Amazon.com Inc (NASDAQ:AMZN), on Friday significantly raised the expected offer price of its shares, with the…

IMF says Mexico’s inflationary pressures pose difficult balancing act

IMF says Mexico’s inflationary pressures pose difficult balancing act

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo MEXICO CITY (Reuters) – The International Monetary Fund (IMF) on Friday said Mexico’s recent inflationary pressures, while mostly temporary, pose a difficult balancing act amid still sizable slack in its…