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HuffPost is reportedly on the auction block

Late last night the Financial Times reported that HuffPost, arguably one of the crown jewels of Verizon Media Group’s remaining network of media properties (which includes TechCrunch), is up for sale. Verizon has been shedding media properties in a retreat from the strategy that it had begun to execute with the acquisition of AOL for […]




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St. Louis-based Summersalt raises $17.3 million for its direct-to-consumer clothing line

The Midwest may not be known as the fashion capital of the world (or even the U.S.), but its place in the consumer retail firmament is secure through L Brands and its Victoria’s Secret and Bath & Body Works subsidiaries. Now, venture investors are investing $17.3 million to establish another tent-pole clothing brand in the […]




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Utah tech magnates create new Silicon Slopes Venture Fund to boost startups in the state

Those looking outside of Silicon Valley as a potential hub for their startup might want to take a gander at Utah, at least that’s the kind of trend the new Silicon Slopes Venture Fund hopes to create. The newly formed fund, put together by Qualtrics co-founder Ryan Smith, Omniture and Domo founder Josh James and […]




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Extra Crunch Live: Join Precursor’s Charles Hudson for a Q&A this Thursday

The new Extra Crunch Live series is taking flight this week. Today we’re talking to Cowboy Ventures’ Aileen Lee and Ted Wang. This Thursday we’re keeping the parade of well-known investors coming, when Charles Hudson will join Natasha Mascarenhas and I for a deep-dive into all things pre-seed and seed. Extra Crunch Live Episode 2: […]




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J Crew: abandon ship

A heavy debt load scuppered the business 




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Sycamore and L Brands call off Victoria’s Secret deal

The $525m transaction is the latest to be derailed amid the coronavirus pandemic




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Have investment funds averted a liquidity crisis?

The $55tn industry has emerged scared and shrunken but largely intact




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Debt relief: which countries are most vulnerable?

Emerging economies that have long tested investors’ patience say they need fresh help




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Norwegian oil fund furore focuses on wrong questions

Debate about flight scandal has detracted attention from strategic changes and oversight at world’s biggest sovereign wealth fund




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UK investors rush back into equity funds during market rally

Calastone reports record inflows throughout April after heavy redemptions in March




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‘Gamified’ investing leaves millennials playing with fire

Slick stock-trading apps skip over the risks for inexperienced investors




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Crunch time for US tenants and landlords

Investors who saw rental housing as a safe bet before the pandemic are bracing for delinquencies




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Teaching children about money in lockdown

Financial education has an important role to play to prepare children for an uncertain future




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LCF compensation decision looms

FSCS could compensate some investors in collapsed mini-bond issuer London Capital Finance




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Private-equity backed companies dominate lowest depths of junk

Two-thirds of companies with lowly ratings from Moody’s were bought by PE groups




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Investors Chronicle: JD Sports, AstraZeneca, Virgin Money UK

Companies analysis from our sister publication




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Frontier Developments chairman sells down

Share price surges after news breaks of deal with Games Workshop




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Dropping Flynn case turns Barr into Trump’s political sword

Pardoning cronies is offensive but precedented. Using DoJ to go after enemies is Nixonian




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Can companies still afford to care about sustainability?

Will environmental and social initiatives survive Covid-19? Our specialists answered your questions




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UK PLC cuts dividends by £24bn in face of crisis

Investors braced for years of lower payouts by some of the most reliable dividend-paying stocks




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Warren Buffett held the wrong stocks as the music stopped

Few investors went into this crisis with a portfolio they were entirely happy with




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Asian governments boost dollar borrowing to fight coronavirus

Countries in region issue debt at close to fastest rate in a decade due to pandemic




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Private equity managers rebuked over slashing US doctor pay

Row escalates between Elizabeth Warren, Blackstone and KKR after coronavirus crisis prompts cuts




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‘50 cent’ gold fund tops European performance charts

Ruffer precious metal and Baillie Gifford tech vehicles shine during market turbulence




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Schneider Electric warns of €300m hit from coronavirus

French group braced for revenue losses this quarter despite reopening most of its China factories




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Jingye tries to save British Steel rescue deal

Chinese group writes to French government as it seeks to reassure over the future of Hayange plant




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Volkswagen defies car downturn as profits surge

World’s largest auto group enjoys earnings boost and increases dividend




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VW chief defies sceptics with ambitious plans to overtake Tesla

Herbert Diess wants to sell 26m emission-free vehicles in 9 years, overtaking rivals including Californian electric pioneer




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PSA and BMW lead race to cut emissions in Europe

Early winners and losers emerge as carmakers scramble to hit tough new targets




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Tech prowess propels Derby’s pioneering status

Past and present economic success offers base for manufacturing




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European car plants close as industry crisis deepens

PSA and Fiat Chrysler to shut factories as demand tumbles and supply chains disrupted




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Dyson to produce 15,000 ventilators ‘in weeks’

Two-thirds of machines to go to NHS following order from UK government




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VW hit by €2bn-a-week cash drain

World’s biggest carmakers reveal costs of pandemic shutting down factories around world




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VW still aiming for ID.3 electric car rollout by August

Group faces large fines if it fails to sell enough battery-powered vehicles in 2020




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1m car workers in Europe hit by coronavirus shutdowns

Heavy toll on jobs through lay-offs and cuts in pay and hours as one of region’s key industries comes to ‘abrupt halt’




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Hitachi anticipates wave of Chinese infrastructure spending

Japanese conglomerate expects rebound in construction industry as cities end lockdowns




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Ventilator standards set out for UK makers ‘of no use’ to Covid patients 

Ministers’ challenge to manufacturers sets basic specifications that are not suitable to task, say experts 




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Ferguson sticks with main listing in UK after sounding out investors

FTSE 100 plumbing supplier runs into opposition from shareholders over switch to US




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Weakest link in supply chain threatens car industry revival

Big carmakers say small companies must be protected from collapse or factories may remain shut




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Co-founder of Chinese carmaker Qoros sells half his stake

Idan Ofer’s Kenon offloads shares to majority owner Baoneng in $237m deal




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Taiwan’s ‘hidden champions’ help coronavirus fightback

Race by machine tool makers to boost mask output underlines importance to economy




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Diet autopilot Thistle raises $5M for health food subscriptions

What if it was easier to eat salad than junk food? Most diet routines take a ton of time, whether you’re cooking from scratch, making a meal kit or seeking a nutritious restaurant. But on-demand prepared food delivery companies like Sprig that tried to eliminate that work have gone bankrupt from poor unit economics. Thistle […]




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Tesla ramps up solar tile roof installations in US, eyes China and Europe expansion

Tesla appears to be ramping up installations of its solar tile roofs in the San Francisco Bay area and will eventually roll out to Europe and China, according to CEO Elon Musk, who, in a series of tweets, provided the first substantial update since the company launched the third iteration of its product in October. […]




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Tesla Model 3 makes Consumer Reports ‘Top Picks’ list for 2020

Tesla’s Model 3 is among the top 10 choices for car buyers in 2020, according to Consumer Reports. The nonprofit organization released its “Top Picks” of the year on Thursday, and it included Tesla’s most affordable vehicle alongside cars from automakers including Toyota, Subaru, Honda, Kia and Lexus. The Model 3 was chosen as one […]




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EV fleet management gets another venture-backed contender as Electriphi raises $3.5 million

Electriphi, a provider of charging management and fleet monitoring software for electric vehicles, has joined the scrum of startups looking to provide services to the growing number of electric vehicle fleets in the U.S. The San Francisco-based company has just raised $3.5 million in seed funding from investors, including Wireframe Ventures, the Urban Innovation Fund […]




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Panasonic is ending its solar cell partnership with Tesla

Panasonic said it will stop producing solar cells and modules at Tesla’s factory in Buffalo, N.Y., ending a four-year joint venture with the electric automaker.  Nikkei Asian Review was the first to report that Panasonic planned to end its production agreement with Tesla . Panasonic has since issued an announcement to explain its decision. Tesla […]




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Citroën introduces a two-seat EV that costs €19.99 a month

The Citroën Ami is a new take on urban mobility. It’s electric, cheap and doesn’t require a license. In short, it’s less of a car and more of an electric scooter with two seats, doors and a heater. Jokes aside, the Citroën Ami could be a glimpse at the future of mobility. The innovation isn’t […]




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Sustainable microgrids are the future of clean energy

Across the U.S., sustainable microgrids are emerging as a vital tool in the fight against climate change and increasingly common natural disasters.