The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
A Bloomberg News report Tuesday morning said the White House had looked at such a move in February.Marketsread more
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
Stocks surged after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit.US Marketsread more
The move is part of a larger trend that saw the survey's 179 participants move away from risk and toward positions that reflect fear of a coming economic slowdown spurred by a...Marketsread more
Democratic frontrunner Joe Biden on Monday appealed to a billionaire Republican donor for fundraising help in his presidential campaign. But the financier, Trump-supporting...Politicsread more
Facebook and other groups are behind a new programming language for working with the Libra blockchain.Technologyread more
Tesla investors are regaining confidence in a quieter Elon Musk — even as they question the company's ability to hit its production goals for the second quarter.Autosread more
Long-time blockchain technologists say Facebook's Libra digital currency will introduce billions to cryptocurrencies, but the company's problems with trust and privacy remain...Technologyread more
Valisure, an online pharmacy company, told the FDA that high levels of dimethylformamide were found in valsartan, a drug produced by Swiss drugmaker Novartis and other...Health and Scienceread more
Autodesk this week agreed to buy construction software company PlanGrid for $875 million. The San Francisco-based start-up previously raised $69 million in funding from investors including YCombinator, Sequoia Capital and Tenaya Capital. PlanGrid enables real-time construction tracking for contractors and and architects. Autodesk "makes software for people who make things."
Beijing-based robotics company Geek+ completed a $150 million Series B round from backers including Warburg Pincus, Volcanics Venture and Vertex Ventures. The company develops artificial intelligence and robotics technology for supply chain and warehouse applications.
Agora.io, announced $70 million in Series C financing, led by Coatue Management and with participation from SIG, Morningside and Shunwei Capital. The start-up has raised $125 million to date. Agora offers a platform for developers to embed real-time voice, video and interactive live broadcasting into a website or mobile app.
AEye, a maker of laser sensing systems for autonomous driving applications, closed $40 million in Series B funding, led by Taiwania Capital. Kleiner Perkins, Intel Capital and Airbus Ventures also participated in the round.
Bain Capital led a $32 million Series C round in Wonolo, an on-demand staffing platform for businesses. Sequoia Capital and others also participated in the round, which brings total funding for Wonolo to $60 million.
European e-scooter start-up VOI raised $50 million in a Series A round led by Balderton Capital. VOI launched in August and has since expanded beyond Scandinavia to operate in Spain. The company counts Amazon CEO of Worldwide Consumer Jeff Wilkes and Zillow CEO Spencer Rascoff among its angel investors.
PlayVS, a start-up working to get esport competition into high schools, raised $30.5 million in Series B financing, led by Elysian Park Ventures, the venture arm of the L.A. Dodgers. The company has raised $46 million in total financing from backers including NEA, Science Inc, and Crosscut Ventures.
Fintech firm Plastiq raised $27 million in Series C financing, led by Kleiner Perkins and with participation from DST Global. The start-up aims to make any expense payable by credit card. It partners with major credit card companies and has signed up more than 1 million users.
Botkeeper, a Boston-based automated bookkeeping firm, closed $18 million in Series A financing, led by Greycroft. Gradient Ventures, Google's AI-focused venture fund, Ignition Partners and Halfcourt Ventures also participated in the round. The investment brings Botkeeper's total funding to $22.5 million.
The Bill and Melinda Gates Foundation Strategic Investment Fund participated in a $8 million Series B financing for CropIn Technology Solutions. The start-up uses artificial intelligence and cloud computing to optimize crop yield for farmers in India.
Hardwick, Vt.-based Green Mountain CBD, soon to be rebranded as SunSoil, announced $7 million in new funding from Raleigh-based One Better Ventures. The company grows organic hemp and makes cannabis products.
Jiobit, a start-up that makes location trackers for parents and pet-owners, raised $6.5 million in fresh capital. The Jiobit device is about the size of two quarters, and can be slipped into a kid's backpack, pocket, or clipped to their shoe or sleeve. It uses a combination of WiFi, cellular networks, GPS and Bluetooth for real-time tracking and monitoring of parent-designated "safe zones." The company has raised $11 million to date.