Drip Capital is raising a $20 million funding round from Accel, Wing VC and Sequoia India. The company is helping small exporters in emerging markets access working capital in order to finance big ord…
Money
The Man Who Saw the Dangers of Cambridge Analytica Years Ago
In December 2014, John Rust wrote to the head of the legal department at the University of Cambridge, where he is a professor, warning them that a storm was brewing. According to an email reviewed by …
US stocks recover from sharp early drop and finish mixed
U.S. stocks shrugged off early losses and wound up with a mixed finish Monday. Household goods companies took some of the worst losses as the S&P 500 index fell for the third time in four days. Th…
Job growth surged in May
Steel is loaded onto a truck for shipping at the NLMK Indiana steel mill on March 15, 2018 in Portage, Indiana. | Scott Olson/Getty Images By ANDREW HANNA 06/01/2018 08:38 AM EDT Updated 06/01/2018 09…
Theranos founder Holmes, former president indicted for fraud
(Reuters) – Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company’s former president were indicted on charges that they engaged in schemes to defraud investors, doctors a…
Merrill Lynch reviewing ban on commissions-paying retirement accounts
NEW YORK (Reuters) – The head of Bank of America Corp’s Merrill Lynch Wealth Management on Friday said the firm is reconsidering an internal policy from 2017 that banned advisers from opening ne…
Marketing startup Influential raises $12M from WME and others
Influential announced today that it has raised $12 million in Series B funding. The funding came from existing investors Capital Zed, ECA Ventures, Paradigm Talent Agency, ROAR and Tech Coast Angels, …
This Week Shows How Hard It Is to Curb Big Tech
The Seattle City Council voted 9-0 last month to approve an annual $275-per-employee tax on big employers like Amazon. The tax was expected to raise about $47 million a year for services for the homel…