Insight Partners raises $118 million fund to back underrepresented VCs
(Reuters) – Global tech investor Insight Partners has raised $118 million in its second 20/20 Vision Capital fund that aims…
Pfizer makes equity investment in Caribou Biosciences
(Reuters) – Pfizer (NYSE:PFE) has invested $25 million to buy a minority stake in Caribou Biosciences, making it the latest…
Ford auto sales rise on robust demand, improved supply
(Reuters) – Ford Motor (NYSE:F) Co on Thursday reported a near 10% rise in second-quarter U.S. auto sales, helped by…
Volkswagen to launch self-driving vehicles in Texas by 2026
(Reuters) – Volkswagen (ETR:VOWG_p) said on Thursday that it plans to launch autonomous, or self-driving, vehicles for ride hailing and…
American Express stock cut at Baird on valuation, ‘softer economic outlook’
Baird analysts downgraded American Express (NYSE:AXP) shares to Neutral with a price target of $185 per share. While they argue…
U.S. regulators press Tesla for updated response in autopilot probe
The National Highway Traffic and Safety Administration (NHTSA) revealed Thursday that the U.S. automotive safety regulator is seeking an updated…
Meta’s Threads is a true threat to Musk-owned Twitter, analysts say
(Reuters) – Meta’s Threads could quickly become a major threat to Elon Musk-owned Twitter, thanks to its easy access to…
Factbox: Companies respond to China’s curbs on gallium and germanium exports
(Reuters) – China said on July 3 it would restrict exports of two metals used in semiconductors and electric vehicles,…
JetBlue shares slip after carrier says it will terminate American alliance
Shares in JetBlue Airways Corporation (NASDAQ:JBLU) slipped in premarket trading on Thursday after the carrier announced that it would not…
Longtime Showtime executive David Nevins named CEO of North Road Company
(Reuters) – Longtime Showtime Networks executive David Nevins has been named chief executive of the North Road Company, an independent…