November 15, 2018

Bain Capital Ventures closes $1 billion fund amid venture fund-raising frenzy

Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm, said it has raised a new $1 billion fund to invest in startups, […]
November 14, 2018

U.S. lawmaker says Facebook cannot be trusted to regulate itself

Democratic U.S. Representative David Cicilline, expected to become the next chairman of House Judiciary Committee’s antitrust panel, said on Wednesday that Facebook cannot be trusted to […]
November 14, 2018

Walmart’s LatAm delivery app Cornershop eyeing Canada and U.S

Cornershop, a Latin American grocery delivery app being acquired by Walmart, plans to expand into Canada early next year as a test market for the United […]
November 14, 2018

A matter of volume: threat from ascendant Chinese phones hangs over Apple

A raft of profit warnings from Apple Inc suppliers this week has fueled investor concerns that iPhone sales, in terms of volume, have hit a wall […]
November 14, 2018

Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work

Warren Buffett’s Berkshire Hathaway Inc has deepened its commitment to the U.S. financial industry, announcing new stakes in JPMorgan Chase & Co, PNC Financial Services Group […]
November 14, 2018

Jury clears J&J of liability in California talc cancer case

A California jury on Wednesday cleared Johnson & Johnson of liability in a case involving a woman who alleged that the company’s talc-based products, including its […]
November 14, 2018

Ackman’s Pershing Square exits Mondelez, sees better places to invest

William Ackman’ hedge fund Pershing Square Capital Management sold out of snack maker Mondelez International during the third quarter some three years after first making the […]
November 14, 2018

Oil rebounds after long plunge, dollar weaker after inflation data

Oil prices rebounded on Wednesday on hopes for output cuts after a steep drop a day earlier, while the dollar held losses against a basket of […]
November 14, 2018

Airbus likely sold 10 A330neo jets to Delta: sources

U.S. carrier Delta Air Lines has emerged as the probable buyer for 10 Airbus A330neo jets worth $3 billion, industry sources said, in a boost for […]
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