IPOs

The stock market has been so hot this year that it might need an ice-cold Fruitopia, or a Zima.

The traditionally Wall Street-focused investment bank is pivoting to the consumer market.

Jumia, Africa’s largest e-commerce company, made history on Friday as the first African tech startup to list on the New York Stock Exchange. 

The company said the payments will be dispersed on or around April 27 in amounts tied to the number of rides each driver completed.

Kalanick served as Uber’s CEO from its founding in 2010 through 2017, when he resigned from the position amid a series of missteps.

Uber is providing a look under the hood of its business in the lead-up to its hotly anticipated debut on the stock market.

Clothing retailer J. Crew Group Inc. says it's considering a potential initial public offering for its successful Madewell brand.

The Latest on Uber revealing its finances ahead of its initial public offering (all times local): 1:50 p.m. Uber is providing a look under the hood of its business in the lead-up to its hotly anticipated debut on the stock market.

While Uber periodically provided financial figures in the past, the S-1 filing provided the most detailed look to date at the company’s platforms and internal metrics.

The company said it also plans to invest as much as $200 million to open 100 new stores over the next year as well as invest in other areas.

An IPO of this size would make Uber one of the biggest technology IPOs of all time.

___ Huffman, 12 other parents to plead guilty in college scheme BOSTON (AP) — Actress Felicity Huffman has agreed to plead guilty in the college admissions cheating scandal.

Pinterest plans to raise about $1.5 billion in its initial public offering of shares.