• The Motley FoolTime to Buy Costco Wholesale Stock as Investors Panic About the Amazon-Whole Foods Deal

    Last week, federal regulators and Whole Foods shareholders both approved Amazon.com’s (NASDAQ:AMZN) acquisition of the natural foods giant. With those hurdles out of the way, Amazon quickly announced that it will cut the prices for some key items. In the future, it plans to implement more price cuts and introduce a discount for Prime members. This news sparked a fresh Read more...

  • CNBCInvestors have become a lot more skeptical about billion-dollar start-ups, data shows

    According to new data from PitchBook, investors are making fewer investments into unicorn companies these days. So far only 17 companies have newly achieved unicorn status, i.e. a valuation of $1 billion or more, in 2017 in the U.S. Investors are slowing their roll around so-called unicorns, or privately held companies with a valuation of $1 billion or more on Read more...

  • The Wall Street JournalTwo Uber Investors Seek to Defend Former CEO in Legal Battle

    The legal feud between Uber Technologies Inc. shareholders intensified as two investors petitioned a court to back former chief executive Travis Kalanick against a rival firm’s campaign to oust him from the ride-hailing company’s board. The filing in the Delaware Chancery Court by Shervin Pishevar and Steve Russell on Thursday was in response to a lawsuit against Mr. Kalanick… Read Read more...

  • ABCGlobal markets mostly higher as Jackson Hole in focus

    Global stock markets were solid Thursday as investors awaited speeches by the world’s top central bankers at Jackson Hole, Wyoming. KEEPING SCORE: In Europe, Britain’s FTSE 100 rose 0.5 percent to 7,420. France’s CAC 40 advanced 0.2 percent to 5,123 while Germany’s DAX was up 0.3 percent at 12,222. Wall Street was headed for a solid opening with Dow futures Read more...

  • CNBCTech's focus on 'aggressive bros' shortchanges start-ups that are really worthwhile, investor says

    CNBC’s Jon Fortt sat down with some heavy hitters in Silicon Valley to discuss entrepreneurship, venture capital and scaling start-ups on Wednesday in conjunction with the “Fortt Knox” podcast series. The panel includes LinkedIn co-founder Reid Hoffman, who is a partner at venture capital firm Greylock and has served on the boards of companies such as Mozilla and Microsoft, and Read more...

  • The Motley FoolWhat General Motors Wants Investors to Know About Profit Growth

    With the U.S. new-car market stalled and possibly heading for a cyclical decline, the idea that General Motors (NYSE:GM) (or any automaker heavily dependent on the U.S. market) is headed for earnings growth seems like a hard sell. But GM is trying to make the sale anyway. In a recent presentation to analysts, Chief Financial Officer Chuck Stevens argued that Read more...

  • CNBCIndia told investors to calm down with bonds, but overseas buyers haven't listened

    Overseas investors, chasing yield, have basically exhausted the quota allocated to foreign ownership of Indian corporate bonds Instead of slowing down, overseas buying of Indian corporate bonds jumped after the government attempted to tame demand Massive foreign investment inflows may complicate India’s monetary policy, analysts say Indian capital controls are proving deeply insufficient as overseas investors… Read more on CNBC.

  • BBC NewsCrypto-cash investors duped in funding scam

    Cyber-thieves are believed to have stolen about $500,000 (£390,000) in the Ethereum crypto-currency, with an investment scam.The thieves hijacked the website of finance security start-up Enigma and posted messages saying it was about to launch its own currency.Many people keen to cash in transferred ethereum to the thieves’ account. In response, Enigma shut down its website and adopted stronger security Read more...

  • ReutersUber investor gave Kalanick a month before suing to force him off board

    (Reuters) – Venture capital firm Benchmark Capital said on Monday it gave Uber and its ousted chief executive, Travis Kalanick, a month to review its recommendations before filing a lawsuit last week to force him off the board and rescind his ability to fill three seats. Read the story on Reuters.

  • USA TodayUber shareholders ask Benchmark to leave board

    Investors at Uber asked Benchmark Capital on Friday to step down from the company’s board of directors, according to a news report. The request comes a day after Benchmark sued former Uber CEO Travis Kalanick.In an email-petition signed by Shervin Pishevar of Sherpa Capital, Ron Burkle of Yucaipa Companies and Adam Leber of Maverick Technologies, shareholders said Benchmark’s lawsuit “impede[s] the critical search for a Read more...