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Dropbox tops private value, shares soar in market debut

Bloomberg Dropbox Inc. exceeded its private valuation in its market debut, as shares soared after pricing above their marketed range in the biggest technology initial public offering of the year. Shares closed at $28.48 apiece in New York on March 23, giving the file-sharing company a market valuation of $11.2 billion. They climbed as much as 50 percent above their ...

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UK spy attack: Trump plans expulsion of Russian envoys

Bloomberg President Donald Trump is preparing to expel dozens of Russian diplomats from the US in response to the nerve-agent poisoning of a former Russian spy in UK, two people familiar with the matter said on Saturday. Trump agreed with the recommendation of advisers and the expulsions are likely to be announced on Monday, the people said, though they cautioned ...

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Catalan parliament suspends vote for regional president

Bloomberg Catalonia’s parliament suspended a vote to name a new president because the separatist candidate is in jail, extending the political limbo in a region divided by a campaign to split from Spain. Speaker Roger Torrent said he wouldn’t hold the vote on Jordi Turull’s bid because he was jailed by a judge investigating his role in an attempt to ...

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