The proposed deal between Google and cyber security firm Wiz, valued at $23 billion, has fallen apart as Wiz CEO Assaf Rappaport told employees the company would pursue an IPO instead. General Motors posted its second quarter results revealing that demand for EV has picked up as it easily beat earnings estimates, raising full-year guidance. Coca-Cola also posted its second quarter results, raising full-year guidance as it sees global demand for products rising amid a cautious consumer.
-- Trans Mountain Corp. plans to borrow in the bond market to refinance some of its outstanding debt ahead of the Canadian government’s eventual sale of the oil pipeline operator, according to people familiar with the matter.
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