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Regalii, A Startup In NYC’s Washington Heights, Uncovers Where Immigrants’ Remittances Really Go

It’s not a converted industrial warehouse in Brooklyn. Or a stately, century-old building in the Flatiron. But YC-backed Regalii’s atypical office location up in the Dominican-heavy Washington Heights neighborhood of Manhattan has given it plenty of insights into its working-class immigrant customer base. The startup, co-founded by several Latino founders who personally knew the hassles of sending money home, […]




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Stilt, which provides financial services for immigrants, raises $7.5 million seed round

Stilt, a Y Combinator alum that provides financial services for immigrants without Social Security numbers or credit reports, announced today that it has closed a $7.5 million seed round. It also launched FDIC-insured pre-approved global bank accounts today. The startup has raised equity from investors including Liron Petrushka; Hillsven Capital; Streamlined Ventures; Gokul Rajaram; Bragiel […]




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CRV’s Saar Gur wants to invest in a new wave of games built for VR, Twitch and Zoom

Saar Gur is adept at identifying the next big consumer trends earlier than most: The San Francisco-based general partner at CRV has led investments into leading consumer internet companies like Niantic, DoorDash, Bird, Dropbox, Patreon, Kapwing and ClassPass. His own experience stuck at home during the COVID-19 pandemic spurred his interest in three new investment […]




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Qantas shelves ‘Project Sunrise’ plan for world’s longest flights

Australian carrier reviews operations and fleet due to coronavirus travel collapse




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FCA posts €1.7bn loss as plant closures hit car market

Maker of Fiat and Chrysler burns through billions of euros in cash in first quarter




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British Airways parent slams possible UK quarantine plans

IAG boss Willie Walsh warns people will not fly if government brings in new measures




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Toyota to reopen its UK engine plant next week

Japanese group joins other carmakers in restarting their manufacturing operations in Britain




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Runa Capital closes Fund III at $157M, with an added focus on quantum computing

VC fund Runa Capital was launched with $135 million in 2010, and is perhaps best known for its investment into NGINX, which powers many web sites today. In more recent years it has participated or led investments into startups such as Zipdrug ($10.8 million); Rollbar this year ($11 million); and Monedo (for €20 million). HQ’d […]




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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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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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Hitachi anticipates wave of Chinese infrastructure spending

Japanese conglomerate expects rebound in construction industry as cities end lockdowns




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Vericool raises $19.1 million for its plant-based packaging replacement for plastic coolers

Vericool, a Livermore, Calif.-based startup that’s replacing plastic coolers and packaging with plant-based products, has raised $19.1 million in a new round of financing. The company’s stated goal is to replace traditional packaging materials like polystyrene with plant-based insulating packaging materials. Its technology uses 100% recycled paper fibers and other plant-based materials, according to the […]




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Los Angeles Cleantech Incubator reboots its incubation program with 16-member cohort

The Los Angeles Cleantch Incubator is rebooting its incubator program and moving from rolling applications to a cohort model beginning with 16 new startups.  Los Angeles’ not-for-profit incubator exchanges sweat equity in the form of services and office space, and the promise of $20,000 in funding for local pilot projects, for a 1.5% to 3% […]




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Replacing plastic with plant pulp for sustainable packaging attracts a billionaire backer

In a small suburb of Melbourne, two entrepreneurs are developing a technology that could mean big changes for the packaging industry. Stuart Gordon and Mark Appleford are the co-founders of Varden, a company that has developed a process to take the waste material from sugarcane and convert it into a paper-like packaging product with the […]




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CRV’s Saar Gur wants to invest in a new wave of games built for VR, Twitch and Zoom

Saar Gur is adept at identifying the next big consumer trends earlier than most: The San Francisco-based general partner at CRV has led investments into leading consumer internet companies like Niantic, DoorDash, Bird, Dropbox, Patreon, Kapwing and ClassPass. His own experience stuck at home during the COVID-19 pandemic spurred his interest in three new investment […]




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Quibi is the anti-TikTok (that’s a bad thing)

It takes either audacious self-confidence or reckless hubris to build a completely asocial video app in 2020. You can decide which best describes Quibi, Hollywood’s $1.75 billion-funded attempt at a mobile-only Netflix of six to 10-minute micro-TV show episodes. Quibi manages to miss every trend and tactic that could help make its app popular. The […]




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$75M weed giant Caliva ditches Eaze, launches delivery

It’s a brutal time for marijuana startups. I’m hearing some are raising at 1/5th of their 2019 valuation amidst rampant competition, tall taxes, and slow legalization. The struggles for marijuana’s best-known startup, delivery service Eaze, continue as today it’s losing one of its top partners. $75 million-funded weed brand empire Caliva has dropped Eaze in […]




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Hydrant raises $5.7 million Series A to help consumers hydrate faster

Eight glasses of water a day. That’s the old recommendation you and I have heard growing up. And while we all know the importance of hydration to our health, some methods of hydration are more efficient than others. At least, that’s the premise that Hydrant was built on. The company, a wellness brand that launched […]




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Impossible adds ‘ground pork’ and ‘sausages’ to its lineup of plant-based foods

Impossible Foods made huge waves in the food industry when it came up with a way of isolating and using “heme” molecules from plants to mimic the blood found in animal meat (also comprised of heme), bringing a new depth of flavor to its vegetarian burger. This week at CES, the company is presenting the […]





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Quarantine creates new opportunities for video makers, according to a Butter Works report

While global stay-at-home orders have been a blow to most companies, they’ve also created opportunities for businesses helping to keep people entertained. So if you’re a YouTube creator hoping to capture some additional eyeballs while everyone’s stuck at home, online video agency Butter Works has released an interactive report outlining the most promising topics for […]




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Decreased demand and increased supply lead to significant increases in global liquid fuels inventories

As a result of the global economic slowdown related to COVID-19, the U.S. Energy Information Administration estimates that global petroleum and liquids consumption will average 95.5 million barrels per day in 2020, down 5.2 million barrels per day from 2019. EIA forecasts that U.S. oil consumption will decline 6.5% in 2020 to average 19.1 million barrels per day, which would be the largest percentage decline in U.S. consumption since 1980. At the same time, in its April 2020 Short-Term Energy Outlook, EIA expects global oil supply to increase in the coming months from first-quarter 2020 levels. Total world liquids supply will average 98.7 million barrels per day through the third quarter of 2020. These supply and demand developments are contributing to a significant increase in liquid fuels inventories. EIA estimates that second-quarter 2020 global petroleum inventories will increase an average 11.4 million barrels per day. Within the Organization for Economic Cooperation and Development, the most stocks recorded in historical data were in July 2016 at 3.1 billion barrels. EIA forecasts inventories will surpass this level as production continues to outpace consumption. EIA expects these large stock builds will put downward pressure on crude oil prices for several months. Brent crude oil prices averaged 32 dollars per barrel in March, the lowest monthly average since January 2016. EIA forecasts Brent crude oil to average 23 dollars per barrel during the second quarter of 2020 before increasing to an average 46 dollars per barrels in 2021.




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CRV’s Saar Gur wants to invest in a new wave of games built for VR, Twitch and Zoom

Saar Gur is adept at identifying the next big consumer trends earlier than most: The San Francisco-based general partner at CRV has led investments into leading consumer internet companies like Niantic, DoorDash, Bird, Dropbox, Patreon, Kapwing and ClassPass. His own experience stuck at home during the COVID-19 pandemic spurred his interest in three new investment […]








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Tree planting search engine Ecosia is getting a visibility boost in Chrome

Ecosia, a not-for-profit search engine which uses ad generated revenue to fund planting trees, is set to get a visibility boost in Chrome. A change Google is making to its chromium engine will see it added as a default search engine choice in up to 47 markets for the version 81 release of Google’s web […]




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Stilt, which provides financial services for immigrants, raises $7.5 million seed round

Stilt, a Y Combinator alum that provides financial services for immigrants without Social Security numbers or credit reports, announced today that it has closed a $7.5 million seed round. It also launched FDIC-insured pre-approved global bank accounts today. The startup has raised equity from investors including Liron Petrushka; Hillsven Capital; Streamlined Ventures; Gokul Rajaram; Bragiel […]




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Index and Credo lead a $2.75M seed in anti-fraud tech, Resistant AI

Prague based Resistant AI has nabbed a $2.75M seed round. The security startup’s machine learning technology is designed to be deployed on top of AI systems used for financial decision making to protect customers in markets such as financial services and ecommerce from attacks such as targeted manipulation, adversarial machine learning and advanced fraud. The […]




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Cliqz pulls the plug on a European anti-tracking alternative to Google search

Cliqz, a Munch-based anti-tracking browser with private search baked in that has sought to offer a local alternative to Google powered by its own search index, is shutting down — claiming this arm of its business has been blindsided by the coronavirus crisis. Today was not great. We closed parts of @cliqz & our dream […]




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5 Recession-Resistant Franchise Sectors You Should Consider During an Economic Downturn

Invest in an industry that can withstand an economic downturn.




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The First Question to Ask Yourself If You Want to Be an Entrepreneur but Don't Know Where to Start

And how the answer will help you determine the idea for your new business.



  • Starting a Business

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Be the Productive Leader Your Company Needs in Quarantine

Owners of small businesses, caught between financial struggles and health hazards, must learn to operate as efficiently as they can from the safety of their own homes.




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Downton Abbey star Allen Leech's pregnant wife Jessica shows off her bump at New York premiere

Allen Leech's wife Jessica Blair Herman looked absolutely glowing as they attended the New York premiere of the Downton Abbey movie on Monday.




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Huma Abedin attends the New York premiere of Downton Abbey without husband Anthony Weiner

The Hillary Clinton aide, 43, has been keeping a low profile in recent weeks following Dailymail.com's reports that Weiner, a disgraced politician, was living in the same Manhattan block.




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Michelle Dockery looks chic in a black pantsuit for her appearance on the Tonight Show

On Tuesday Michelle Dockery was far from the walls of the Abbey, as she promoted the new film on the Tonight Show Starring Jimmy Fallon. She looked super chic in an all black pantsuit.




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Ant McPartlin and Anne-Marie Corbett leave office for NTAs

The TV host, 44, cut a casual figure as he geared up for the ceremony, where he and Dec could take home their 19th ceremony award for best presenter.




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Pregnant Sheridan Smith shares a loved-up snap with fiancé Jamie Horn ahead of skipping the NTAs

The pregnant star, 38, took to Instagram to share a sweet snap alongside her husband-to-be after tweeting she wouldn't be attending the ceremony because she 'can't be a***d to get glammed up.'




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NTAs 2020: Pregnant Lydia Bright cradles her blossoming baby bump

The former TOWIE star, 29, proudly cradled her stomach as she posed for the cameras at the star-studded event, which was being held at the O2 arena in London.




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NTAs 2020: Ant McPartlin and Declan Donnelly win Best Presenter for the 19th YEAR in a row

Ant McPartlin and Declan Donnelly made history at the National Television Awards on Tuesday as they won the Best Presenter Award for the nineteenth year in a row.




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NTAs 2020: Ant and Dec dedicate I'm A Celeb win to Australian Bushfire victims

Ant McPartlin and Declan Donnelly made history as they won the Best Presenter Award for the nineteenth year in a row before winning their second award for the evening.




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Photos of Jesy Nelson and Chris Hughes's tantrum at NTAs

Jesy was pictured arguing with Chris inside the lobby of the InterContinental Hotel, before they left separately.




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Ant McPartlin appears in high spirits as he eyes up a flashy sports car in West London

The TV presenter, 44, was spotted with a male pal and was checking out a flashy sports car parked in the road, while waiting for his friend Dec to arrive.




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Ant and Dec confirm they are in talks to sign huge £40million golden handcuffs deal with ITV

The Geordie presenting duo, both aged 44, are also reported to have legally trademarked their name to protect their brand for years to come.




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Ant and Dec hint there could be a SMTV Live reunion 'later this year' to celebrate 30 years

The Geordie presenting duo, both aged 44, who started their careers in Byker Grove in the early 90s, starred in the popular ITV children's show with Cat Deeley from 1998 until 2003.




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Pregnant Sheridan Smith shares another loved-up selfie with fiancé Jamie Horn

The actress, 38, poked fun at her stylish black polo neck jumper with a playful caption as she took to Instagram on Monday to share the sweet selfie with her husband-to-be, 28.




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Ant and Dec auction two of their NTAs to raise money for NHS

Taking to Instagram on Thursday, the duo, both, 44, announced they were inspired by Chris Evans' efforts to raise money for the NHS so planned to sell the gongs




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House Rules' Carolyn Burns McCrave goes on a rant as she slams the apartments on Super Switch

She's the design expert who normally goes from room to room critiquing the interiors of the homes on Seven's House Rules.




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Tim and Mat are left fuming on House Rules after Shayn and Carly blatantly copy their design

With a place in the grand final at stake, it appears the House Rules teams are willing to do whatever it takes to get closer to the $200,000 cash prize.