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The Wall Street Journal: China’s Bytedance seeks $3 billion funding round, valuing company at up to $75 billion
Beijing Bytedance Technology Co. has kicked off an equity-fundraising round that could value the owner of China’s most popular news-aggregation app at as much as $75 billion......»»
Exclusive: Chinese upstart Luckin Coffee seeks funds to double valuation to $2 billion - sources
Luckin Coffee, an up-and-coming coffee chain with ambitions to challenge Starbucks Corp in China, is targeting a valuation of $1.5 billion to $2 billion as it launches a new round of funding, people familiar with the matter told Reuters......»»
Exclusive: Kahwa Coffee opens Fourth Street store after four-year delay
The cafe is built from three reclaimed shipping containers and features a drive-thru and walk-up window......»»
Bills seeks to modernize Community Development Block Grant funding
The bill is sponsored by Reps. David Kustoff, who represents much of West Tennessee, and French Hill, whose district includes Little Rock......»»
Elon Musk"s AI Startup xAI Reportedly Seeks $4B To Challenge ChatGPT-Parent OpenAI — Valuation Could Hit $18B
Elon Musk's AI startup, xAI Corp., is in discussions to raise up to $4 billion in funding, potentially valuing the company at $18 billion, leveraging Musk's track record and high-quality data from his social network, X, to train AI models. read more.....»»
$88 million Dayton development project seeks funds to finish final phase
One of the largest development projects in downtown Dayton is seeking funding for its final phase of construction......»»
Marcus Jewish Community Center exceeds funding goal, expands facilities
The Marcus JCC will use the funds to build new facilities and upgrade existing spaces......»»
Lordstown Motors sinks 19% as the electric vehicle maker cuts production outlook and seeks more funding
Lordstown forecast that production of its Endurance truck this year would be "at best" 50% of its previous expectations. The Endurance truck wit.....»»
Trump"s Scottish golf courses face potential "unexplained wealth order" as legal challenge seeks investigation into their all-cash funding
Donald Trump's purchase of two Scottish golf courses could face new scr.....»»
Why Coffee Prices Are Rising
The average coffee cup price is up 17% from 2016, at $4.50, according to The Wall Street Journal. read more.....»»
Pfizer Expects Vaccine Will Be "Durable Revenue Stream" As It Seeks Approval For Children 2 To 11
Pfizer Expects Vaccine Will Be "Durable Revenue Stream" As It Seeks Approval For Children 2 To 11 Yesterday, Pfizer released a strong earnings report (surpassing Wall Street's elevat.....»»
Electrical contractor expands, revamps local headquarters to support growth
Bolstered by grant funding, a local electrical contractor has completely renovated and expanded its headquarters, built a new facility and added more than a dozen employees to support growth......»»
Comcast seeks bigger piece of $278B mobile market with new unlimited plans
A Wall Street analyst estimates Comcast will pick up share in the wireless space and spur competition after Xfinity Mobile unveiled one of the cheapest 5G plans on the market......»»
The White House tees up a $1.5 trillion spending plan for family aid and education funding, new report says
The proposal includes funding for universal pre-K, paid family and medical leave, and seeks to expand the child tax credit through 2025. Mike Segar/.....»»
Thermo Fisher seeks to buy pharma services company PPD for $15 billion: report
Thermo Fisher Scientific Inc. is approaching a deal to buy pharmaceutical-testing company PPD Inc. for more than $15 billion, the Wall Street Journal reported W.....»»
Gary Gensler, outspoken Wall Street critic, confirmed to lead the SEC
Gensler is taking the helm of the agency as the Biden administration seeks stricter oversight and enforcement of financial interests following years of Trump-era deregulation......»»
The Wall Street Journal: Biden infrastructure plan seeks to shift more elder care to at-home settings
The Wall Street Journal: Biden infrastructure plan seeks to shift more elder care to at-home settings.....»»
The Wall Street Journal: SoftBank investing $500 million in mortgage startup Better
SoftBank Group Corp. is investing $500 million in mortgage lender Better as the Japanese investing giant seeks to ride a wave of swelling startup valuations......»»
The Wall Street Journal: Startups Axios and the Athletic discuss merger, consider SPAC deal
Sports-media outlet the Athletic is in merger talks with news startup Axios, according to people familiar with the matter, part of a plan to build a larger online-publishing company that could include going public through a blank-check firm......»»