China’s foreign ministry accused the U.S. of “flipping flopping all the time” after Bloomberg reported that the New York Stock Exchange would reinstate an earlier decision to delist three Chinese state-owned telecommunications companies. The NYSE had ealier said it would halt trading in the companies to comply with a U.S. ban on American investment in companies with ties to the Chinese...
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Logistics Startup Next Trucking Tries to Sell Itself
Sequoia Capital–backed logistics startup Next Trucking, facing a slowdown in the trucking sector, is trying to sell itself, according to people familiar with the matter and a pitch deck reviewed by The Information. Next has enlisted the help of BG Strategic Advisors, a Florida-based boutique investment bank specializing in transportation and logistics mergers and acquisitions, according...
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