Melvin Capital, Hedge Fund Torpedoed By the GameStop Frenzy, is Shutting Down
Melvin Capital, the hedge fund run by Gabe Plotkin that struggled with heavy losses last year as it reeled from wrong-way bets on GameStop, is shutting down, according to a letter sent to investors on Wednesday that was reviewed by The New York Times.....»»
Verizon is shutting down its popular texting app. Here’s why
Verizon Messages has been around for years. Now, it's getting ready to shut down. Here's why......»»
Taxpayers should fund trans surgery for inmate who murdered baby, judge rules
Taxpayers should fund trans surgery for inmate who murdered baby, judge rules.....»»
Apono raises $15.5 million to accelerate product development
Apono announced the successful completion of its Series A funding round, raising $15.5 million. The funding round was led by New Era Capital Partners, with participation from Mindset Ventures, Redseed Ventures, Silvertech Ventures, initial seed inves.....»»
Nepal surveys flood wreckage as death toll reaches 209
Search and rescue teams in Nepal's capital picked through wrecked homes on Monday after waters receded from monsoon floods that killed at least 209 people around the Himalayan republic......»»
170 dead in Nepal floods after relentless monsoon rains
Residents of Nepal's flood-hit capital returned to their mud-caked homes on Sunday to survey the wreckage of devastating floods that have killed at least 170 people across the Himalayan republic......»»
104 dead in Nepal floods after relentless monsoon rains
Residents of Nepal's flood-hit capital returned to their mud-caked homes on Sunday to survey the wreckage of devastating floods that have killed at least 104 people across the Himalayan republic......»»
Plan to overturn commercial whaling moratorium sinks in Peru
A four-decade-old moratorium on commercial whaling will remain in force after a proposal to overturn it was withdrawn Thursday at a meeting of the International Whaling Commission (IWC) in Peru's capital Lima......»»
Daily 5 report for Sept. 26: This Jeep story reinforces why auto shows are suffering
What better way to make a new-vehicle splash than to do the unveiling on the 46th floor of a Tokyo high-rise with a breathtaking view of the nation's capital?.....»»
Quito fires coming under control after choking capital
Firefighters in Ecuador's capital were battling the remnants of major forest fires on Thursday that had sent massive plumes of smoke above Quito earlier this week, amid a record drought......»»
Ecuador capital "under attack" from five wildfires
Firefighters battled five blazes on the outskirts of Ecuador's capital Quito on Wednesday, as wildfires continue to rip through South American nations turned into tinderboxes by droughts linked to climate change......»»
Six hurt in Ecuador as firefighters battle blazes choking capital
Firefighters and helicopters were battling five forest fires Wednesday on the outskirts of Quito that have left six people injured and led to the evacuation of over 100 families......»»
White House picks Monroe Capital to develop $1 billion fund for auto suppliers
The fund will help smaller firms along the supply chain gain access to capital in what is an underserved market in finance, despite being a trillion-dollar industry, CEO Theodore Koenig said......»»
Fed jumbo rate cut puts pressure on money market fund investors
Fed jumbo rate cut puts pressure on money market fund investors.....»»
N.Y. pension buying Vista stake tied to late billionaire Brockman
New York State Common Retirement Fund agreed to pay as much as $350 million for Vista Equity Partners fund stakes tied to late billionaire Robert Brockman, an original investor in the private equity firm, according to people familiar with the matter......»»
Culture Capital: A documentary series spotlighting community-oriented entrepreneurs
Comcast RISE In a world where business success is increasingly intertwined with social impact, a new documentary series explores the stories behind the innovators shaping the communities of tomorrow. Culture Capital, is a three-part docuseries that d.....»»
Huawei"s Mate XT tri-fold smartphone sparks frenzy, prompting scalpers to raise prices
Huawei"s Mate XT tri-fold smartphone sparks frenzy, prompting scalpers to raise prices.....»»
COVID-19 job losses impacted early withdrawal from retirement accounts: Study
Having a robust emergency savings fund could help people weather financial shocks, such as job loss during the COVID-19 pandemic, finds a new study from the Brown School at Washington University in St. Louis......»»
Picus Security raises $45 million to help organizations reduce cyber risk
Picus Security announced it has closed a $45 million growth investment round led by Riverwood Capital with the participation of existing investor Earlybird Digital East Fund, bringing Picus’ total funds raised to $80 million. Picus has over 500 ent.....»»
Culture Capital: A documentary series unveiling the power of entrepreneurship
comcast rise In a rapidly evolving world, where innovation and perseverance are the cornerstones of success, a new documentary series is set to shine a light on the entrepreneurs who are redefining the business landscape—and growing their communiti.....»»
Hydden raises $4.4 million to improve identity security
Hydden announced that it has closed $4.4 million in seed funding led by Access Venture Partners. Other investors include Lockstep, the venture fund of CISOs Rinki Sethi and Lucas Moody, Service Provider Capital, and several cybersecurity angel invest.....»»