May 21 (Reuters) - Judges on California's top court on Tuesday considered whether voters had the power to allow app-based services such as Uber ( UBER ) and Lyft ( LYFT ) to classify drivers in the state as independent contractors rather than as employees with greater benefits. The seven-member California Supreme Court heard oral arguments in San Francisco in...

(Reuters) - Viasat ( VSAT ) forecast annual revenue below Wall Street estimates in anticipation of a slowdown in its satellite services business, sending its shares down more than 11% after the bell on Tuesday. The company said it expects revenue from its satellite services to decline in low to mid-single digits as its U.S. fixed broadband business faces competition...

SHANGHAI/LONDON (Reuters) - Emboldened by China's latest measures and pledges to fix the weakest parts of its struggling economy, domestic investors are scooping up shares in a cheap stock market, while most foreign investors are hopeful but taking it slow. Last week's sweeping measures to support the property sector, which authorities dubbed as historic, were the latest in a series...

May 21 (Reuters) - Kayne Anderson BDC Inc ( KBDC ): * KAYNE ANDERSON BDC ( KBDC )- HAS PRICED ITS INITIAL PUBLIC OFFERING OF 6 MILLION SHARES OF ITS COMMON STOCK AT $16.63 PER SHARE * KAYNE ANDERSON BDC ( KBDC )- EXPECTED TO BEGIN TRADING ON THE NEW YORK STOCK EXCHANGE ON MAY 22, 2024 UNDER THE SYMBOL...