Why two startups are betting on debt instead of equity
When there’s a need for capital, not every startup goes the venture route. Boast.ai, a company that plugs into business systems and automatically finds them R&D tax breaks, announced Wednesday it has raised a $100 million credit facility from Breve.....»»
Study shows how leaders can break down "benevolent marginalization"
There has been significant growth in the implementation of equity, diversity, and inclusion (EDI) initiatives in the workplace—but that doesn't mean businesses are getting it right. In their efforts to break down barriers, firms often end up margin.....»»
GM"s Cruise suspends its employee equity program
Cruise, the robo-taxi unit of General Motors, suspended the program under which GM buys back employees' shares, following an accident that led to the pause of its self-driving vehicle operations......»»
Community-driven analysis identifies strategies to improve equity in Los Angeles" clean energy transition
After two years of robust modeling and gathering input from over 100 community members, 14 community-based organizations, and 31 additional stakeholder organizations in Los Angeles, the U.S. Department of Energy's National Renewable Energy Laboratory.....»»
Aston Martin F1 team gets investment from U.S. private equity firm
The stake sale, terms of which were not disclosed, values the racing group at $1.24 billion, Reuters reported......»»
Why these former tech workers became sex workers — and love their new lives
Sex workers who used to work in the tech industry reveal why they pivoted, and express how they enjoy their new jobs. As tech workers resist return-to-office mandates, face layoffs that cut into hard-won diversity and equity progress, and watch.....»»
Microsoft is giving some startups access to serious Nvidia AI power
Microsoft wants to get startups out of the door more quickly with free, high-performance AI hardware in the cloud......»»
Climate change hits indebted businesses hardest, new research suggests
Climate change poses the biggest risks to the most vulnerable people, and the same is true for businesses: Highly leveraged companies—those that have accumulated too much debt—are uniquely susceptible to climate shocks. That's what we found in a.....»»
Many divorcees end up with nothing or only debt after divorce, says new study
Contrary to the impression given by divorces covered in the media, most do not entail couples sharing vast amounts of wealth and spending huge sums on legal proceedings......»»
Penske Automotive Q3 net income falls 23% to $264.4 million
A strong performance from the auto retailer's North American automotive and commercial truck operations were offset amid lower earnings from its United Kingdom automotive operations, higher interest expenses and lower equity earnings from its investm.....»»
Is tech debt holding back your business?
It can be a daunting blunder to correct, but addressing technical debt could save you money and fuel growth......»»
How Belize became a poster child for "debt-for-nature" swaps
When COVID hit Belize, its economy nosedived: closed borders meant fisheries and farmers had no export markets, and tourism centered on the tiny Central American nation's warm waters and wonders of biodiversity came to a halt......»»
Sony unveils $10M Sony Innovation Fund for Africa
Sony Group announced today that it has established Sony Innovation Fund: Africa as an initiative to support African entertainment startups. Sony Group announced today that it has established Sony Innovation Fund: Africa as an initiative to suppor.....»»
Dealerships help fill retail tech VC investment shortfall
Some dealerships have long launched startups to fill specific business needs. They're increasingly becoming investors for new companies outside their walls......»»
Diversity in government contracts still falls short of equal opportunity for disadvantaged firms
When it comes to government contracts, diversity doesn't necessarily translate into equity, according to a University of Michigan study......»»
The Story of One iPhone Factory Powering Apple’s Pivot to India
Apple is betting big on India as it pivots iPhone manufacturing from China. Here's how that's playing out for workers in South India Set back from a dusty highway in South India, three newly completed factory buildings rise up behin.....»»
A live-action Cyberpunk 2077 adaptation has been announced
We're betting it'll rake in a few eddies. Enlarge / Keanu Reeves as Johnny Silverhand in Cyberpunk 2077. (credit: CD Projekt Red) After three years, a new expansion, and $120 million of additional investment, the video g.....»»
Down to earth: Retail auto technology startups lower VC expectations
The decline in easy venture capital investment that began in 2022 shows no sign of ending. Retail auto tech startups are slashing their budgets or adjusting their business plans to make cash on hand last longer......»»
Research finds diversity, equity and inclusion initiatives during certain presidencies can affect bottom line
Corporate initiatives focused on diversity, equity and inclusion (DEI) for vulnerable social groups can change a company in many ways. According to researchers at the University of New Hampshire, how DEI affects a business' bottom line may depend on.....»»
New study finds that microfinance is exacerbating climate precarity and harm in Cambodia
A recent paper co-authored by King's academics argues that microfinance, often projected as a means of coping with climate risk, in fact contributes to farmers in Cambodia being in greater debt and more vulnerable to climate change......»»
Research shows disability is common factor in school suspensions
New research has found evidence of Queensland students from priority equity groups being unfairly suspended from school. The study is published in The Australian Educational Researcher......»»