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January 11, 2019 10:50 AM Slack planning to pursue direct listing: WSJ

(Reuters) - Slack Technologies Inc is planning to go public through a direct listing, the Wall Street Journal reported on Friday, citing people familiar with the matter. Slack, which operates a popular workplace instant-messaging and collaboration app, is likely to debut in the second quarter and currently expects to do so via a direct listing, according 189

December 30, 2018 8:28 PM Antonio Brown out, James Conner active for Steelers

PITTSBURGH -- Steelers wide receiver Antonio Brown is inactive for Sunday's game against the Bengals with a knee injury, while running back James Conner returns to the lineup after a three-game absence with an ankle injury. Brown experienced knee discomfort after last week's loss to the New Orleans Saints and did not practice all week. He finishes the regular 51

December 7, 2018 10:07 PM Exclusive: Chat-service firm Slack taps Goldman Sachs to lead IPO

(Reuters) - Slack Technologies Inc, a provider of chat and direct messaging services for businesses, has hired investment bank Goldman Sachs Group Inc (GS.N) to lead its initial public offering (IPO) next year as an underwriter, people familiar with the matter said. The San Francisco-based company is among a string of Silicon Valley unicorns expected 162

October 18, 2018 6:10 PM Quarles Backs Fed’s Gradual Policy Course

Official says there are many reasons to be optimistic about the economy’s potential Federal Reserve Vice Chairman for Supervision Randal Quarles reaffirmed the central bank’s gradual monetary-policy course Thursday, saying policy makers should avoid focusing too much on metrics that come with a higher degree of uncertainty, such as some measures of labor 71

September 30, 2018 4:55 PM Cardiff stay in bottom three after loss to Burnley

Cardiff City missed a chance to move out of the Premier League's bottom three by conceding two poor goals in a 2-1 home defeat by Burnley on Sunday. The visitors' Icelandic international Johann Berg Gudmundsson headed the opening goal in the 52nd minute from Charlie Taylor's cross but eight minutes later Josh Murphy, who had earlier hit a post, scored 63

September 28, 2018 3:45 PM Slack Actively Preparing for Early 2019 IPO

Messaging company, recently valued at roughly $7 billion, aims to debut in the first half Slack Technologies Inc. is actively preparing for an initial public offering in the first half of 2019, with an eye toward going public as soon as the first quarter, according to people familiar with the company’s plans. Slack expects it could achieve a valuation 80

September 7, 2018 3:36 PM Job Market Slack Is History

Faster wage growth shows the labor market has tightened to the point where the only way companies can get more workers is to pay them more August was another strong month for employment. The Labor Department on Friday reported the economy added another 201,000 jobs, while the unemployment rate held steady at a low 3.9%. But the biggest news was an unexpected 78

August 21, 2018 2:14 PM Slack Takes Wraps Off $7.1 Billion Valuation Deal

Latest venture round hauls in $427 million, led by Dragoneer and Great Atlantic Slack Technologies Inc. has raised a new mega-round of financing that values the company at more than $7.1 billion. The company said Tuesday the $427 million round was led by Dragoneer investment Group and General Atlantic, with participation from T. Rowe Price Associates 54

June 29, 2018 1:48 PM U.S. Inflation Hits Six-Year High in May

Personal-consumption expenditures price index rose 2.3% in May from a year earlier U.S. inflation posted its highest annual growth rate in six years last month as lower unemployment and faster output of goods and services reduce slack in the economy. The personal-consumption expenditures price index, a broad measure that serves as the Federal Reserve’s 50

June 17, 2018 7:20 AM 21 Savage is Within His Rights to Pull Gun Out, Says Rapper BlocBoy JB

21 Savage was looking out for 21 Savage when he pulled out a gun at that party, so cut the kid some slack for trying to protect himself ... says his friend and fellow rapper, BlocBoy JB. We got BlocBoy at LAX and asked him about the intense showdown at a pool party he attended in Georgia last weekend. As we reported ... a group of people crashed the shindig 52