In Unusual Bet, Activist Icahn Takes Stake in Startup Lyft
Carl Icahn is betting $100 million that ride-sharing startup Lyft can keep growing in a world increasingly dominated by its larger rival, Uber.
Carl Icahn is betting $100 million that ride-sharing startup Lyft can keep growing in a world increasingly dominated by its larger rival, Uber.
The bidder of an apparently bogus takeover offer was said to be registered in a cluster of Indian Ocean islands.
Google will launch buy buttons on its search-result pages in coming weeks, a controversial step by the company toward becoming an online marketplace rivaling those run by Amazon.com and eBay.
Ice-cream maker Blue Bell Creameries said it would lay off 37% of its 3,900 employees as it works to recover from a sweeping recall of all its products last month because of a listeria outbreak.
Hertz will raise U.S. airport retail car-rental fees by $5 a day and $20 a week, starting next month. The move is a gamble by a new CEO to boost profits in a competitive market.