Business Insider Section of Great Wall of China marred in name of restorationBusiness InsiderIn this Wednesday, Sept. 21, 2016, photo, a villager walks across a restored section of the Great Wall in Suizhong County in northeastern China's Liaoning Province. Chinese officials are being pilloried over the smoothing-over of a crumbling but much …Call It The […]
TechCrunch Airbnb files $555M round with the SEC led by Google Capital and TCVTechCrunchAirbnb formally filed a Form D with the Securities and Exchange Commission this afternoon announcing that it had raised $555,462,180 in an equity deal. Last month, TechCrunch independently verified that Airbnb had filed a 28-page document with the …Airbnb's Funding Round Led […]
Fortune The SEC Is Investigating Exxon Over Asset ValuationsFortuneThe U.S. Securities and Exchange Commission is investigating how ExxonMobil has valued its oil reserves in the wake of low prices and potential curbs on carbon emissions, the company said, confirming an earlier report. Wall Street Journal, which first …SEC Is Latest to Look Into Exxon Mobil's WorkingsNew […]
Washington Post Peppered with questions, Wells Fargo CEO seemed taken abackWashington PostWASHINGTON — Facing bipartisan outrage from a Senate panel over accusations of employee misconduct, Well Fargo CEO John Stumpf appeared taken aback by the intensity of the verbal lashing. At a few points, he seemed flustered and stumbled a bit …Senators push Wells Fargo CEO […]
Reuters Fed expected to keep rates unchanged, may signal year-end hikeReutersA security guard walks in front of an image of the Federal Reserve following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, DC, U.S. on March 16, 2016. REUTERS/Kevin Lamarque/File Photo. By Lindsay Dunsmuir | …Yellen wants to get back in the rate […]
Bloomberg Yen Drops the Most This Month After BOJ Shifts Policy FrameworkBloombergThe yen fell the most against the dollar this month after the Bank of Japan shifted the focus of its monetary policy from expanding money supply to controlling yield curves. The Japanese currency fell 0.8 percent to 102.54 versus the greenback as of 6 […]
New York Times World's Biggest IPO This Year Gets Help from BeijingNew York TimesA man leaving a Postal Savings Bank of China branch in Beijing. The bank's initial public offering is highlighting the practice of cornerstone investing, where big investors are invited to buy up shares ahead of a company going public. Credit Kim Kyung […]
Yahoo Sports Big Pharma, Biotech Attack NASH Liver Illness From All SidesBloombergIt's been called a “silent epidemic” that's slowly wasting away the livers of millions of Americans while doctors have a paltry understanding of the disease and no approved treatments. Non-alcoholic steatohepatitis, or NASH, is now in the sights of …Allergan Acquires Akarna Therapeutics Adding […]
New York Daily News Pharma CEO's mom helped boost EpiPen sales with education groupNew York Daily NewsA giant drug company under fire over the price of EpiPens received a sales boost with the help of an education group led by the CEO's mother, a report revealed Tuesday. The price of the lifesaving Mylan product for […]
Business Insider This is how Oracle lured top-flight programmers away from Amazon and Microsoft to build its next big thingBusiness InsiderFor the last two years, Oracle has quietly (and not so quietly) been snapping up programming talent from Microsoft, Amazon, and startups as it worked to build out a new cloud computing service that can […]