Bloomberg Slack Technologies Inc. expects growing revenue and higher-than-usual losses in the second quarter, the period in which it’s expected to go public via a direct listing, the company said. Slack, which makes workplace chat and collaboration software, told investors it predicts it will lose $75 million to $77 million next quarter, including about $32 million in one-time expenses related ...

Bloomberg Uber Technologies Inc. rival Bolt, formerly known as Taxify, has relaunched in London — nearly two years after its operating license was revoked by the city’s transit authority. The Estonian company, backed by Daimler AG and most recently valued at $1 billion, said it would compete in the UK capital by offering lower fares for riders, and by taking ...

Bloomberg The recent yield curve inversion has renewed speculation about a potential North American recession and prompted questions about how a contraction would affect households. Though it’s impossible to say for certain when, or even if, such an event will occur, several indicators suggest the pain would be more severe on the Canadian side of the border than in the ...