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Business

Salesforce to buy workplace app Slack in $27.7 billion deal

Salesforce.com Inc said on Tuesday it would buy workplace messaging app Slack Technologies Inc in a $27.7 billion cash-and-stock deal, as the cloud-computing pioneer ramps up its remote work offerings and takes on larger rival Microsoft Corp.

Business Video

Airbnb aims for $35 billion valuation in long-awaited IPO

Airbnb Inc said on Tuesday it is aiming for a valuation of up to $34.8 billion in its initial public offering (IPO), in what would cap a stunning recovery in its fortunes after the U.S. home rental firm's business was heavily damaged by the COVID-19 pandemic earlier this year.

S&P 500, Nasdaq end at record highs on vaccine optimism

The S&P 500 and Nasdaq Composite indexes closed at record highs on Tuesday, with investors betting a COVID-19 vaccine will be available soon, and more confident about a speedy economic recovery following upbeat Chinese factory data.

Markets

S&P » 3,662.45 +1.13%
Dow » 29,823.92 +0.63%
FTSE 100 » 6,384.73 +1.89%
Nikkei 225 » 26,787.54 --
US 10YR
+0.928
+0.086
DE 10YR
-0.521
+0.001
JP 10YR
+0.019
-0.001
USD / EUR » 0.8284 -1.16%
USD / GBP » 0.7450 -0.73%
USD / JPY » 104.3300 +0.06%