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Monthly Archives: April 2018

Andreessen Horowitz gears up for separate crypto asset fund

David Paul Morris | Bloomberg | Getty Images Marc Andreessen, co-founder and general partner of Andreessen Horowitz, speaks during the TechCrunch Disrupt San Francisco 2016 Summit in San Francisco, California, U.S., on Tuesday, Sept. 13, 2016. Leading venture capital firm Andreessen Horowitz is adding new roles for cryptocurrency that suggest …

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United Tech beats profit estimates and raises 2018 forecasts

Brendan McDermid | Reuters United Technologies Chairman and CEO Greg Hayes gives an interview to CNBC on the floor of the New York Stock Exchange, September 5, 2017. United Technologies’ quarterly profit topped analysts’ estimate on Tuesday on higher demand for its spare parts and services from airlines, and the …

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Prince heirs sue Walgreens and Illinois hospital over musician’s death

Kevin Winter | Getty Images Musician Prince is seen on stage at the 36th NAACP Image Awards at the Dorothy Chandler Pavilion on March 19, 2005 in Los Angeles, California. Relatives of the musician Prince are suing both the pharmacy chain Walgreens and an Illinois hospital. A wrongful-death lawsuit filed …

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LLY Q1 earnings

Michael Nagle | Bloomberg | Getty Images Traders work beneath monitors displaying Eli Lilly & Co. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, May 23, 2016. Eli Lilly shares fell nearly 3 percent in premarket trade on Tuesday despite beating …

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UK to investigate use of modern day slaves hand-washing cars

Geography Photos / Getty Images While many car services in the UK legally employ workers such as this one, some could be exploiting modern day slaves British lawmakers are to investigate hand car washes amid concerns that they are hubs for slavery and human trafficking. The U.K.’s anti-slavery watchdog, the …

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UK government borrowing hits its lowest level in more than a decade

Christopher Furlong | Gety Images News | Getty Images Philip Hammond, U.K. chancellor of the exchequer. The U.K. budget deficit has shrunk to its smallest level in more than 10 years. The shortfall between how much Prime Minister Theresa May’s government spent and how much it earned from taxes in …

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China’s Didi in talks for IPO as early as this year: WSJ

Michael Short | Bloomberg | Getty Images Jean Liu, president of Didi Kuaidi Co Chinese ride-hailing company Didi Chuxing is in talks for a multibillion-dollar initial public offering that could take place as early as this year, The Wall Street Journal reported on Tuesday, citing people familiar with the matter. …

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Chinese Uber rival Didi Chuxing in talks to launch IPO: WSJ

Michael Short | Bloomberg | Getty Images Jean Liu, president of Didi Chuxing Chinese ride-hailing giant Didi Chuxing is holding talks about an initial public offering (IPO), according to a report. Didi Chuxing was last valued at more than $50 billion in December, after raising $4 billion from investors including …

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US extends deadline for Rusal sanctions, aluminum prices dive

Andrey Rudakov | Bloomberg | Getty Images Oleg Deripaska, CEO of United Company Rusal, at the SPIEF on June 21, 2012. The United States on Monday gave American customers of Russia’s biggest aluminum producer more time to comply with sanctions, and said it would consider lifting them if United Company …

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Flight records contradict Trump on 2013 Moscow trip: Report

Vyacheslav Prokofyev | TASS | Getty Images Crocus Group vice president Emin Agalarov, Miss Universe co-owner Donald Trump and Crocus Group president Aras Agalarov (L-R) hold a news conference on the Miss Universe 2013 Pageant, November 9, 2013 in Moscow. New details about President Donald Trump’s controversial visit to Moscow …

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