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Lyft hires JP Morgan to lead IPO at $15 billion valuation

Lane Turner | Boston Globe | Getty Images A driver with placards for both Lyft and Uber waits for a traffic light outside South Station in Boston after picking up a passenger. Lyft has hired J.P. Morgan Chase to lead its initial public offering, kicking off an IPO that’s scheduled …

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Google will stop bundling its apps on Android phones in response to EU fine

Sanjeev Verma | Hindustan Times | Getty Images A representative from Panasonic holds the Panasonic Eluga U smartphone, using the latest Android Kitkat operating system, during its launch in New Delhi, India. In response to the European Union’s $5 billion antitrust ruling in July, Google will stop bundling its apps …

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Best Buy to benefit from Sears bankruptcy, analyst says

Brendan McDermid | Reuters Shoppers at a Best Buy store in Brooklyn, New York. The downfall of Sears may bring a hearty influx of customers to Best Buy and therefore boost its bottom line, according to a report Tuesday by Loop Capital. Sears filed for bankruptcy on Monday morning, an …

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