Nvidia and Capital One back Databricks at $43 billion valuation in latest funding round
Databricks, one of the most richly valued venture-backed companies, has raised $500 million in its latest financing round
Retailers are losing $100 billion a year from return fraud, bots and coupon stacking, study says
Companies are losing $100 billion a year from all sorts of fraud, including setting up multiple email addresses to take advantage of promotions, Riskified said.
August wholesale inflation rises 0.7%, hotter than expected, but core prices in check
The producer price index was expected to increase 0.4% in August, according to the Dow Jones consensus estimate.
Recent weakness in this energy company’s shares offer an ‘attractive’ entry point, BMO says
BMO upgraded this energy company to outperform, saying shares have recently declined by an “unwarranted degree.”
This sports betting company is a good short-term buy, Deutsche Bank says
The firm initiated a catalyst call buy on a gaming stock, citing the upcoming launch of ESPN BET as a short-term upside catalyst.
Ford CEO rebuffs UAW leader’s criticisms as strike deadline on Thursday approaches
Ford CEO Jim Farley rebuffed comments by United Auto Workers President Shawn Fain that the company is not taking bargaining seriously.
Trump loses bid to delay E. Jean Carroll rape-defame case, but granted expedited appeal
The writer E. Jean Carroll accuses Donald Trump of raping her in a New York department store in the 1990s. He has said the incident never happened.
Delta will make it harder to get into airport lounges, changes rules to earn elite status
Delta has grappled with overcrowding at some of its airport lounges.
Arm prices IPO at $51 per share, valuing company at over $54 billion
Chip designer Arm priced its initial public offering on Wednesday at the top end of the expected range
Trump, Meadows offer quid pro quo on speedy trial to sever Georgia election case from co-defendants
Donald Trump is accused with 18 other people of illegally conspiring to reverse his loss in the 2020 Georgia election to President Joe Biden.
