May 7, 2019
Uber Technologies Inc.’s (anticipated ticker symbol NYSE: UBER) upcoming IPO is anticipated to be the largest of 2019, and, according to a Bloomberg report, it could also be the hottest public offering in years (http://nnw.fm/oW2Kb). According to the report, Uber is seeking to raise nearly $9 billion through its public offering, which could contribute to an astronomical company market valuation of $84 billion.
Some analysts even predict a valuation exceeding $91 billion, in which case Uber’s IPO would be the largest since Alibaba Group Holding Limited (NYSE: BABA) went public with a target price of $68 per share in…
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One Indian national has died due to the recent attack at King Khalid International Airport in Riyadh. Three other Indian nationals remain in stable condition in intensive care after being injured in the incident. The Indian Embassy has assured support for the affected families and thanked Saudi authorities for their medical assistance. Yemen's Houthi forces have claimed responsibility for several attacks targeting Saudi airports this week.
One Indian national has died due to the recent attack at King Khalid International Airport in Riyadh. Three other Indian nationals remain in stable condition in intensive care after being injured in the incident. The Indian Embassy has assured support for the affected families and thanked Saudi authorities for their medical assistance. Yemen's Houthi forces have claimed responsibility for several attacks targeting Saudi airports this week.
Iran-US War latest: The head of Iran’s Supreme National Security Council says Tehran finds the latest response from the United States “insufficient” as efforts at negotiations to end the war and fully open the Strait of Hormuz limp along.
The Ministry of External Affairs condemned drone attacks on two commercial vessels in the Strait of Hormuz. MT Petro Dolphin and MT Valthera were involved in separate incidents, leaving two Indian seafarers missing. Search-and-rescue operations for the missing personnel are actively being coordinated by authorities in Oman. Concerns over maritime security in the region have been raised, following several attacks on vessels in recent days.
The Ministry of External Affairs condemned drone attacks on two commercial vessels in the Strait of Hormuz. MT Petro Dolphin and MT Valthera were involved in separate incidents, leaving two Indian seafarers missing. Search-and-rescue operations for the missing personnel are actively being coordinated by authorities in Oman. Concerns over maritime security in the region have been raised, following several attacks on vessels in recent days.
On Sunday, an attack on Riyadh's international airport led to one fatality and eleven injuries. This incident occurred following a prior strike claimed by the Houthis that caused numerous casualties. Saudi coalition forces reported intercepting multiple projectiles targeting various locations, revealing vulnerabilities in the kingdom's defense. The Saudi government has stated that air defenses are monitoring threats closely amid ongoing conflict.
Pennsylvania shooting: The 45-year-old gunman took his own life. Authorities have not released his name, but Erie Police Chief Rick Lorah said he was related to seven of the victims. The eighth was a friend of the pregnant woman, he said. Police have not made their names public, either.
US Judge's decision caps days of controversy over the taxpayer-funded advertisements, which were aired in the final weeks before the midterm elections.
US Weather update: Nearly a dozen local weather stations in the western North Carolina county reported torrential 24-hour rainfall totals from about 5 inches to as much as 9.57 inches at the fire/rescue station in Enola.
Kurt Campbell is a veteran US diplomat and strategist who has played a leading role in shaping Washington’s approach to China and the Indo-Pacific for more than a decade. He served as the White House coordinator for Indo-Pacific affairs from 2021 to 2024 and as US deputy secretary of state from 2024 to 2025. Previously, he served as assistant secretary of state for East Asian and Pacific affairs from 2009 to 2013 and was a key architect of the Obama administration’s “pivot to Asia”. Often...
Chinese President Xi Jinping has met Indian Prime Minister Narendra Modi three times in the past three years. Indian pilgrims are back at Kailash, the Tibetan mountain sacred to Hindus and Buddhists. Air China has restarted flights to New Delhi. But can trust grow between two armies that meet only in a crisis? And why does the Pentagon now talk to the People’s Liberation Army (PLA) more easily than India’s army does? In September, Xi made his first visit to India in nearly seven years; Beijing...
Nancy Guthrie's mystery disappearance has kept Pima County in the public eye and under scrutiny. With the case nearing nine months unsolved, local authorities face growing pressure for answers. Law enforcement is also responding to other serious incidents requiring their resources and attention. The ongoing investigation into Guthrie's case highlights the challenges of balancing multiple cases simultaneously.
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