Business

Business

Goldman Sachs Getting Cold Feet on Trading Bitcoin

Goldman Sachs Group Inc is getting cold feet and abandoning its idea to start trading cryptocurrency as the publicly traded bank remains spooked by the lack of a regulatory framework for cryptocurrency, Business Insider reports, citing people familiar with the…

By:  Eliot Alfred

Lyft Looking to Launch IPO Ahead of Uber

Lyft Inc., the second-largest U.S. “e-hail” company, has started the process for an initial public offering in an effort to beat Uber Technologies Inc as the first in the field to go public with an initial public offering, The LA…

By:  Victor Hazan

PepsiCo Buys SodaStream for $3.2 Billion

PepsiCo said to everyone in an announcement that the major company made on Monday that it will be purchasing SodaStream, a company best known for making home-carbonation machines. The price tag came in at $3.2 billion as PepsiCo tries to…

By:  Michael Eric Rosenthal