Poshmark’s shares soar in debut to public markets

Eufemia Didonato

NEW YORK (AP) — Shares of Poshmark Inc. more than doubled in their stock market debut Thursday, a testament to investor enthusiasm for the online marketplace for second-hand goods. The stock soared 141%, valuing the company at $7.4 billion. Late Wednesday, the initial public offering of 6.6 million shares was […]

Cyprus travel corridor at risk as cases soar

Eufemia Didonato

Cases are on the rise in Cyprus   British holidaymakers planning to visit Cyprus this half term could be in for disappointment, as the country risks losing its travel corridor in the Government’s weekly update tomorrow. In recent weeks, Covid-19 case numbers have spiked in the Mediterranean island nation. Yesterday, […]

Big tech and lockdown essentials soar

Eufemia Didonato

As the novel coronavirus pandemic reshapes American life, some companies have found business booming in the new normal, even as the rest of the economy recedes. This divide, which some have described as a “K-shaped recovery,” has been fueled in part by government relief actions and publicly-traded companies benefitting from […]

CDC won’t rewrite school guidelines; Florida district to ignore in-class mandate as numbers soar; Trump blames testing

Eufemia Didonato

Florida saw an alarming increase in deaths and top federal health officials ran counter to President Donald Trump’s wishes, saying guidelines for reopening schools won’t be rewritten and some states should consider shutting down again as coronavirus cases spike nationwide Thursday. Florida reported 120 deaths – almost 50% more than the […]