Personal investors in China are leading the world in a massive move toward making investments via smartphone apps, a trend that accounted for $200 billion in transactions in 2015, according to some estimates. The development […]
US economy growth was stronger than expected in the fourth quarter of 2016. It reached 2.1%, according to Commerce Department statistics. Economist Gus Faucher attributes the rise to increased consumer spending, prompted by higher employment […]
A year-long rise in the eurozone’s annual rate of inflation came to an end in March. Consumer prices were 1.5% higher than a year earlier, a sharp fall from the 2% rate seen in February. […]
Tesla (TSLA) said Sunday it delivered just over 25,000 vehicles in Q1, of which approx 13,450 were Model S and approx 11,550 were Model X. This was a new quarterly record for us and represents […]
The first quarter marked a relatively strong start to the year for initial public offerings of U.S. companies, helped in particular by the IPO of social media darling Snap. Twenty-five companies raised $9.9 billion through […]
Omise, a Bangkok-based startup backed by Japan’s SBI Investment, plans to raise as much as $16 million. They will sell digital tokens as it builds a new payment service based on blockchain technology. Prospective investors […]
PlanGrid is looking to disrupt the way work gets done in the construction industry that still relies on traditional business practices. Indeed, PlanGrid is a platform that helps over 500,000 construction projects to store and organize […]
Blue Apron, the biggest U.S. meal kit company, has hired investment bankers to lead its 2017 initial public offering. Blue Apron’s IPO is coming as competition heats up in the meal kit industry. New York […]
Margin debt rose to $528.2 billion in February, surpassing the record it set the previous month, according to New York Stock Exchange data. While many observers take this as a sign of growing confidence, some […]
Dropbox Inc. is opening a $600 million credit facility from six banks led by JPMorgan Chase & Co. The cloud file-sharing startup pushes toward an initial public offering as soon as this year. Dropbox has said it’s not […]
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