UIC has made millions off drugs it developed. Now it’s partnering with an investment firm to create more.
The University of Illinois at Chicago will .....»»
Fidelity to review ties with money manager after "inappropriate" comments
Fidelity Investments criticized money manager Kenneth Fisher on Tuesday over what it called inappropriate remarks he made at an investment conference last week, saying it was reviewing the $500 million Fisher's firm manages for the mutual fund giant......»»
Fidelity reviewing ties with Ken Fisher after "inappropriate" comments
Fidelity Investments said on Tuesday it is reviewing its relationship with Ken Fisher after the investment firm leader made "highly inappropriate comments" at a conference last week......»»
Merger to create Wall Street"s largest woman- and minority-owned firm
Two investment banks are merging to form Wall Street’s largest woman- and minority-owned firm. Siebert Cisneros Shank & Co. and the Williams Capital Group will combine to form Siebert Williams Shank... To view the full story, click the title link......»»
Peninsula fund gives Mediaset insurance in Vivendi dispute
A private equity firm led by former bankers from top Italian investment house Mediobanca has agreed a backstop worth up to 1 billion euros ($1.1 billion) to help Mediaset ensure safe passage for its plans to create a pan-European TV player......»»
Banker tells German fraud trial he made millions from "astronomical" trades
A British investment banker at the center of Germany's biggest fraud trial told judges on Thursday he earned millions of euros from deals involving "astronomical" trades that prosecutors say were a means to make bogus tax reclaims......»»
Binance Makes Strategic Investment in Chinese Crypto Media Firm
Cryptocurrency exchange Binance has made an undisclosed investment in Chinese media and data source Mars Finance......»»
National firm buys three medical office buildings in Huntsville
Anchor Health Properties has made another investment in metro Huntsville. The national full-service health care real estate development, management, and investment company that focuses exclusively on medical facilities has invested in a 207,000 squar.....»»
Activist investor Cat Rock calls Just Eat, Takeaway.com deal "excellent news"
Investment firm Cat Rock on Monday lauded Amsterdam-based Takeaway.com's deal to buy Just Eat in an 8.2 billion pound ($10.05 billion) deal to create one of the world's largest online food delivery firms......»»
Female-focused VC firm makes first investment
The Artemis Fund, a female-founded and female-focused venture capital fund based in Houston, has made its first investment, the Houston Business Journal reported. The Artemis Fund led a $2 million round in California-based U-Nest, a mobile app ai.....»»
Nikola, Lucid seek foreign trade zone status to save millions of dollars
Foreign trade zones give customs and tax relief designed to lower the costs of U.S.-based operations engaged in international trade, in order to help companies create and retain employment and allow for capital investment opportunities......»»
Public company invests in Nashville health-tech firm
Birmingham-based Encompass Health Corp. has made a minority equity investment in Medalogix, a locally based predictive analytics and data science company for home health and hospice. Terms of the deal were not disclosed. Medalogix is assisting Enco.....»»
DHL plans to add 50 jobs, invest millions of dollars in Memphis facilities
Logistics firm DHL Supply Chain will expand its medical device and pharmaceutical logistics business in Memphis and elsewhere, bringing about 50 more jobs and $8 million in capital investment, a company spokeswoman confirmed Thursday, June 13. The new j.....»»
Haskell invests in BLOX, creator of modular-based delivery method
AEC firm Haskell says it has made a strategic investment in BLOX, creator of what it calls “the Design Manufacture.....»»
Mary Meeker Makes First Investment Out of Bond Capital
Meeker and her team have allocated and committed all of the remaining capital from Kleiner Perkins’ growth fund. Mary Meeker has made her first investment out of Bond Capital, the new firm she la.....»»
Term Sheet — Tuesday, May 21
On deals and dealmakers. DEBUT DEALMary Meeker has made her first investment out of Bond Capital, the new firm she launched after spinning out of Kleiner P.....»»
A Chinese firm"s plunge cost interactive brokers millions
In late February, Interactive Brokers Group Inc. revealed in a lengthy regulatory filing that it might lose as much as $59 million from loans it made that were backed by essentially worthless collateral......»»
A Chinese firm"s plunge cost interactive brokers millions
In late February, Interactive Brokers Group Inc. revealed in a lengthy regulatory filing that it might lose as much as $59 million from loans it made that were backed by essentially worthless collateral......»»
Adidas sneaker is 100 percent recycled — and recyclable
Adidas has developed a performance running shoe that’s made entirely from reclaimed ocean plastic and that can in turn be recycled when it’s worn out. “We set out to create a new type of product that we can take back, grind up and reapply into .....»»
The Wall Street Journal: Soros Fund’s new leader upends firm in overhaul that ousted top trader
George Soros’s new investment chief made hedge-fund.....»»
St. Louis VC firm doubles down on fast-growing real estate startup
St. Louis-based venture capital firm Cultivation Capital has made another investment in a fast-growing Chicago-based real estate startup. Cultivation Capital led a $2.5 million financing round for Avail, which has an online platform for do-it-your.....»»