Southwest Airlines Co. canceled more than two-thirds of its flights Monday and plans to slash its schedules Tuesday and Wednesday, in a meltdown that stranded thousands of customers and that worsened while other airlines Read more
Tag: Venture Capital
Saudi crown prince set to invest in Credit Suisse’s new investment bank
Saudi Arabia’s crown prince and a U.S. private-equity firm run by Barclays PLC’s former chief executive are among investors preparing to invest $1 billion or more into Credit Suisse’s CSGN, +6.81% Read more
Softbank discloses $100 million investment in FTX but mostly avoids crypto bets
SoftBank on Friday disclosed a $100 million venture capital investment in crypto broker FTX and said it would not face a material markdown in the value of it stake in Read more
FTX-Binance ordeal has not shaken venture capital confidence in crypto industry
Venture capitalists and investors are rethinking what it means to invest in crypto companies after a possible deal between two of the world largest crypto exchanges, FTX and Binance, collapsed Read more
Palo Santo raises $50 mln for largest-ever venture capital fund focused purely on psychedelic medicine
Venture capital fund Palo Santo is closing its oversubscribed debut fund with $50 million of commitments in what the two-year-old firm describes as the largest pure-play venture capital pool dedicated Read more
Tim Ryan and J.D. Vance spar over approach to China during first of two Senate debates in Ohio
China was a hot topic during Monday night’s U.S. Senate debate in Cleveland, as Democrat Tim Ryan sought to link Republican J.D. Vance to thousands of manufacturing jobs leaving the Read more
Airlines enter earnings season wrestling with fuel prices, hiring challenges
The earnings season for the U.S. airline industry is about to start. So what can we expect? Cowen analyst Helane Becker says that the airline industry is still wrestling with Read more
Cathie Wood’s ARK creates venture capital fund open to individual investors
Cathie Wood’s Ark Investment Management is giving ordinary investors access to a venture capital fund while working on ways to make the new offering accessible to financial advisers. The new Read more
Living to 100: Venture capitalists are waking up to opportunities in the longevity economy
Population aging is one of the most significant forces shaping the U.S. and world economies. Thanks to cumulative effect of medical, educational, and social advances, about half the people born Read more
Airlines’ hidden inflation: They pepper you with fees. Here are some ways to lower your flight costs.
This article is reprinted by permission from NerdWallet. Prices seem to be rising everywhere you look. From a dozen eggs to a gallon of gas, common products are more expensive Read more
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