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In California: Newsom orders emergency shutdowns as virus surges; Airbnb to go public

USATODAY.com Tuesday, 17 November 2020 ()
Plus: State wins Innovation Award, Thanksgiving travel not advised and ski season begins
 
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Gavin Newsom Gavin Newsom 40th Governor of California

California's governor warns of "drastic actions" as coronavirus infections surge

California Governor Gavin Newsom is warning of "drastic actions" to curb a growing surge surge in new coronavirus infections. Hospitalizations have increased by..
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Coronavirus updates: Gov. Ron DeSantis says Florida schools to stay open in 2021; Alaska's largest city tightens restrictions; 268K US death

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USATODAY.com
California at a COVID-19 'tipping point' [Video]

California at a COVID-19 'tipping point'

California's governor Gavin Newsom said on Monday the state was at a "tipping point" in the COVID-19 pandemic that would soon overwhelm hospitals as political leaders nationwide struggle to hold back the latest surge. Gloria Tso reports.

Credit: Reuters - Politics    Duration: 02:24Published

California California State of the United States of America

Wildfire threatening homes near San Diego

A blaze on roughly 10 to 15 acres in San Diego County, California threatened about 200 homes and officials were working to evacuate them early Thursday, said..
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Coronavirus updates: CDC director warns of 450K deaths by February; California again breaks daily case record; 48 NBA players test positive

NBA says 48 players have tested positive for virus. Hawaii couple arrested for traveling after positive COVID test. 273K U.S. deaths. Latest news.

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WWII veteran, at 101, recalls Pearl Harbor attack

The pandemic is preventing Pearl Harbor survivors from attending an annual ceremony remembering victims in the Dec. 7, 1941 attack. WWII veteran Mickey Ganitch,..
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In California: Prisons report record high COVID-19 infections. And porpoises bounce back.

Plus: Oakland bans natural gas in new residential and commercial buildings. LeBron signs a contract extension with the Lakers. And porpoises bounce..
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Airbnb Airbnb Online platform for rental accommodations

Airbnb pursues valuation of up to $35b in IPO filing

New York―Airbnb is seeking to raise some $2.6 billion in its upcoming share offering, which could give the home-sharing giant a valuation as high as $35..
WorldNews
Airbnb Targeting $2.6 Billion In Mid-December IPO [Video]

Airbnb Targeting $2.6 Billion In Mid-December IPO

Business Insider reports that Airbnb is planning to raise $2.6 billion in its mid-December IPO. The IPO would give Airbnb a valuation of up to $35 billion. The company plans to list about 50 million shares at between $44 and $50 per share, a regulatory filing showed. Airbnb will list on the NASDAQ under the symbol "ABNB." It was previously eyeing a $30 billion valuation, with $3 billion in proceeds.

Credit: Wochit News    Duration: 00:27Published

Airbnb and DoorDash are confidently aiming for even higher IPO valuations

Photo by ANGELA WEISS/AFP via Getty Images

Two of the year’s most anticipated public listings — DoorDash and Airbnb — will seek higher than..

The Verge
Airbnb filed for IPO: Named Pandemic, Steadily Declining Revenue In Risk Factors [Video]

Airbnb filed for IPO: Named Pandemic, Steadily Declining Revenue In Risk Factors

Dia Dipasupil/Getty Images Home-sharing company Airbnb filed for its initial public offering on Monday afternoon. The "Risk Factors" section of the document highlights how hard the coronavirus pandemic has been on the company, and how severely in debt it was even before 2020. Everything from the impacts of COVID-19 to the company's struggles with lawmakers is highlighted and detailed by Airbnb as potential risks to its business. We break down the full list below.

Credit: Wochit News    Duration: 00:32Published
DoorDash IPO filing shows surging revenue growth [Video]

DoorDash IPO filing shows surging revenue growth

DoorDash, the U.S. food delivery startup backed by SoftBank Group, made public on Friday its regulatory filing for a listing on the New York Stock Exchange, setting the stage for a blockbuster IPO before the end of the year. Fred Katayama reports.

Credit: Reuters - Politics    Duration: 01:30Published

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