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Venture Firms Scale Back Megafunds
Finances

Venture Firms Scale Back Megafunds

The prolonged startup bear market is forcing some venture firms to unwind investments and scale down expansion plans. Source link

Weeks of Extreme Heat Strain Small Businesses and Economy
Business

Weeks of Extreme Heat Strain Small Businesses and Economy

July 15, 2023 12:01 am ET Listen to article (2 minutes) Heat waves stretching across large parts of the globe are straining power grids and

Sam Altman-Backed Nuclear Startup Is Going Public Through Altman's SPAC
Finances

Sam Altman-Backed Nuclear Startup Is Going Public Through Altman's SPAC

Oklo, which is developing a small modular nuclear reactor, is valued at around $850 million. Source link

Rivian's Rally Makes No Sense---Unless It Uses It to Raise Cash
Finances

Rivian's Rally Makes No Sense—Unless It Uses It to Raise Cash

Shares in the electric-vehicle startup are on track for a record-breaking streak of gains that it could exploit to shore up its balance sheet. Source

The Math Problem Stymieing Small Businesses in Rural America
Business

The Math Problem Stymieing Small Businesses in Rural America

The gap between real-estate appraisals and construction costs is getting wider, holding back entrepreneurs and the revitalization of rural communities. Source link

Desire for Interest on Deposits Is Bad for Main Street Banks
Finances

Desire for Interest on Deposits Is Bad for Main Street Banks

Community banks expected the Fed’s interest-rate increases to help them, but instead they are hurting. Source link

Millions Gain Access to 401(k)s as More Small Businesses Launch Plans
Business

Millions Gain Access to 401(k)s as More Small Businesses Launch Plans

Markets Personal Finance State mandates and the hot job market prompted the big increase in new retirement plans Source link

Millions Gain Access to 401(k)s as More Small Businesses Launch Plans
Finances

Millions Gain Access to 401(k)s as More Small Businesses Launch Plans

Markets Personal Finance State mandates and the hot job market prompted the big increase in new retirement plans Source link

Laid-Off Tech Workers Launch ‘Revenge Startups’ Just as Money Dries Up
Business

Laid-Off Tech Workers Launch ‘Revenge Startups’ Just as Money Dries Up

Venture-capital investors, as recently as last year, used to seek out founders who were quitting their tech jobs to launch their own businesses. Now that

As Tech Jobs Disappear, Silicon Valley Veterans Reset Their Careers
Business

As Tech Jobs Disappear, Silicon Valley Veterans Reset Their Careers

For engineers and other tech workers, landing a job with one of the industry’s best-known companies was long the ultimate professional achievement. Now, many Silicon