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Airbnb gets $1 billion debt facility from U.S. banks: source
June 16, 2016 by admin · Leave a Comment
(Reuters) – Apartment-sharing startup Airbnb Inc has secured a $1 billion debt facility from some big U.S. banks to aid its new services and finance its expansion plans, a source close to the company said. JPMorgan , Citigroup Inc , Morgan Stanley and Bank of America Corp led the debt deal, the source said. Airbnb, which expects to achieve profitability in 2016, raised over $100 million in a round of funding late last year. Bloomberg reported the funding deal earlier on Wednesday. (http://bloom. …
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Airbnb gets $1 billion debt facility from U.S. banks: source
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Brexit helped keep Fed on hold, could slow future U.S. rate rises
June 16, 2016 by elegant · Leave a Comment
Federal Reserve Chair Janet Yellen left U.S. interest rates unchanged on Wednesday, citing slow jobs gains, tepid growth and low inflation – and an impending vote in Britain on whether to quit the European
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Brexit helped keep Fed on hold, could slow future U.S. rate rises
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U.S. Judge extends VW diesel emissions settlement deadline
June 16, 2016 by creative · Leave a Comment
A U.S. judge late on Wednesday extended the deadline for Volkswagen AG , U.S. government regulators and owners of nearly 500,000 2.0 liter vehicles to reach a final diesel emissions settlement until June 28. The tentative settlement announced in April includes…
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U.S. Judge extends VW diesel emissions settlement deadline