Amid the earnings reports that are just getting started among publicly traded companies, in privately held Unicornland, activity is stirring, too, most notably on the deal-making front. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
American Express Co. said on Thursday that its fourth-quarter net income in 2016 was off 8 percent, weighed down in part by marketing expenses, and, as Bloomberg noted, reserves were taken to cover bad loans, which were up nine percent. Get the Full Story Complete...
Amid bank earnings showing buoyancy, Citigroup reported fourth-quarter earnings that beat expectations by two pennies, coming in at $1.14, even as revenues of $17 billion missed expectations by about $290 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Deep learning neural networks platform and software startup Neurala recently announced that it had closed a $14 million Series A venture funding round led by Pelion Venture Partners. Additional participants in the Series A included Sherpa Capital, Motorola Solutions Venture Capital and 360 Capital Partners,...
Two weeks into 2017 and the Investment Tracker is showing some steady motion, with total fund flows comfortably in the low triple-digit range. This past week, the tally stood at $349 million, with FinTech at almost $238 million of that. Get the Full Story Complete...
As the gig economy continues to grow, more and more workers in the U.S. and elsewhere are looking to temporary, freelance or gig work to earn some extra cash. Additionally, many temporary and gig workers are becoming more reliant on gig work as a primary...
A shortened week in the United States due to the Martin Luther King holiday brings trading back today (Jan. 17), and as the earnings season begins to pick up, last week showed a bit more even keel than previous sessions. The names were fairly evenly...
German and Israeli anti-fraud technology startup Fraugster is working to make fraud detection smarter. The startup recently raised $5 million in a venture funding round led by international venture capital fund Earlybird, along with existing investors Speedinvest and Seedcamp. Get the Full Story Complete the...
Two hours into the trading day, bank stocks are helping to lift the markets, leaning in part on the trio of big names in the sector that reported Friday (Jan. 13) — that would be JPMorgan Chase, Wells Fargo and Bank of America. Get the...
