Business
Evabot secures fresh capital to inject AI into corporate gifting
Lil Durk -
The idea of corporate gifting to maintain client relationships isn’t a novel concept. In fact, there’s a cottage industry of “gifting-as-a-service” startups that promise...
Altria’s $13B Juul investment loses huge value
Lil Durk -
WASHINGTON -- Cigarette maker Altria's $13 billion investment in the troubled vaping company Juul has gone up in smoke — now worth less than...
US economy shrank 0.9% last quarter
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WASHINGTON -- The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears...
Premarket: Shares take breather after Fed rally, dollar slips on yen
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World shares consolidated a 6-week high on Thursday as investors scented a possible slowdown in the pace of U.S. rate hikes that had comforted...
How to grow a SaaS company efficiently in a recession
Lil Durk -
Alex Zekoff
Contributor
With rising interest rates, there’s a new sheriff in town for all companies. It’s called efficiency.
Efficiency is now especially important for startups, which...
How Fed Reserve rate hikes affect your finances
Lil Durk -
WASHINGTON -- Higher mortgage rates have sent home sales tumbling. Credit card rates have grown more...
JetBlue buys Spirit for $3.8 billion
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JetBlue has agreed to buy Spirit Airlines for $3.8 billion in a deal that would create the nation’s fifth largest airline if approved by...
The global recession drum beat is getting louder
Lil Durk -
Sharply higher interest rates, red-hot inflation and a prolonged energy crisis are leading to conviction that the world economy is headed inexorably towards recession.It’s...
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HR startup HiBob’s valuation surges 50% to $2.45B on a $150M raise
Cloud-based human resource (HR) platform HiBob today announced that it...
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How Amazon’s continued expansion into healthcare could buoy the sector
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Colliding black holes could clock universe’s expansion rate
Scientists may have found a way of using the...