Tag Archives: billion

Peloton sets IPO range between $26 and $29 per share, looks to raise as much as $1.2 billion

Peloton Cycle Source: Peloton Interactive Inc. Peloton seeks to raise as much as $ 1.16 billion in its initial public offering, the company known for its connected at-home fitness equipment said Tuesday in a regulatory filing. Peloton plans to price its shares between $ 26 and $ 29. The company is offering 40 million shares,… Read More »

Bayer to pay $2 billion after losing suit that claims weedkiller Roundup causes cancer

Bottles of Roundup weed killer move along the production line at the herbicide manufacturing facility operated by Monsanto. Jasper Juinen | Bloomberg | Getty Images Bayer on Monday was ordered by a Northern California jury to pay more than $ 2 billion to a couple who say they were diagnosed with cancer after using the… Read More »