The new funding will support Wheelocity’s plans to expand operations across 20,000 towns and villages in southern India over the next year, aiming to reach a user base of 10 million.

The fund will back startups in the early stage and pick stakes in pre-IPO companies through secondary transactions. It will focus on sectors such as climate and sustainability, fintech and consumer businesses.

Claypond Capital, Manipal Group chairman Ranjan Pai’s family office, also participated in funding for the health and wellness startup, formerly known as Healthifyme. To date, the company has raised $125 million in primary equity.

Johnson & Johnson has agreed to pay a $700 million settlement to resolve a probe by 42 US states and Washington, DC. The inquiry examined the marketing of their baby powder and other talc-based products, which have faced allegations of causing cancer. The settlement addresses claims that Johnson & Johnson deceived consumers about the safety of its talc products.

Tuco Intelligent, a kids' personal care brand, has secured $2 million in seed funding led by Fireside Ventures and Whiteboard Capital. Founded by ex-Unilever executive Aishvarya Murali, Tuco offers natural and sustainable products for children. The brand emphasizes eco-friendly packaging using reclaimed ocean and landfill plastic.

Federal government invests $28 million [US $18.25 million] in fight to save Maugean skate. Prime Minister Anthony Albanese heads to Tasmania to announce $28 million to improve water quality in Macquarie Harbour — the last known refuge of the endangered Maugean skate.

Copyright 2020 NPR. To see more, visit https://www.npr.org.

Updated at 8:47 a.m. ET The coronavirus pandemic has pushed unemployment to its highest level since the Great Depression, but the pace of layoffs has been easing. And there are now some signs that the job market could slowly start to recover. The Labor Department says another 1.87 million people filed claims for unemployment insurance last week. That's down 249,000 from the previous week. While still very high by historical standards, the number has been declining steadily from a peak of 6.8 million the week ending March 28. In the past 11 weeks, 42.6 million new claims have been filed. Continued claims for unemployment went up 649,000, to 21.5 million, in the week ending May 23, the latest week for which data was available, after dropping the prior week. While some workers continue to get pink slips, others have started going back to work. The payroll processor ADP reported Wednesday that private-sector employers cut just under 2.8 million jobs between April and May. That's a much

Since the coronavirus pandemic battered China's economy, tens of millions of urban and factory jobs have evaporated. Some workers and business owners have banded together to pressure companies or local governments for subsidies and payouts. But many of the newly unemployed have instead returned to their rural villages. China's vast countryside now serves as an unemployment sponge, soaking up floating migrant workers in temporary agricultural work on small family plots. "Say a factory used to hire 1,000 temporary workers; now, without new orders, these business owners can't afford to hire this many people," Yan Xiyun, a labor intermediary, told NPR. "The factory I usually go to in previous years could easily hire 2,000 people. Now there is scarcely anyone [on the factory floor]." Ten years ago, Yan left her own village near the small city of Zhumadian in Henan province for the first time and joined the migrant workforce. Now, she's a headhunter working on commission, placing thousands

Updated at 5 p.m. ET Employers added a record 4.8 million jobs last month, as the U.S. economy continued to slowly bounce back from a deep and painful coronavirus recession. The unemployment rate dipped to 11.1%. Job growth accelerated from May, when revised figures show employers added 2.7 million jobs. Loading... "Our economy is roaring back," President Trump told reporters in the White House briefing room. "It's coming back extremely strong." What's odd this time is that the closely-watched monthly jobs report offers a snapshot of the economy that was already somewhat out of date as soon as it was issued. The Labor Department report reflects conditions from the middle of June. The COVID-19 outbreak has since been accelerating in many states , which could put the brakes on the nascent economic recovery. Investors welcomed the positive jobs news. The Dow Jones Industrial Average gained 92 points while the Nasdaq composite index hit a new, record high. "This is not just luck, what's

Quinn Nelson, renowned host of [Snazzy Labs](https://www.youtube.com/@snazzy), returns to the show to recap the highlights of WWDC: Apple Intelligence, platform updates, and the latest salvos from the EC regarding Apple’s compliance with the DMA.

Dancing really is all about the bass and is it too late for fusion?

A Vancouver-based ad agency placed $3 million cash between the glass in a bus shelter, unguarded on the street - to demonstrate a point.

Canada intends to significantly boost immigration over the next three years to secure its economic prosperity as industries stare down a large labour shortage. The plan also calls for more immigrants to be accepted based on their works skills.

RECLUSIVE Sydney property tycoons Susan and Isaac Wakil break their silence to explain why they are giving away much of their $200m fortune.

Tickets for Christmas in Color, which runs through January, are on sale now.

"I know what you’re thinking. Ballot Issue 2R sounds great, Mike, but where is all that money going?"

Looking to build out a showstopping cheese board for your holiday guests? Grab the biggest board you've got and fill it with baguette slices, cheeses and these two incredible cheesy dips.

The Department of the Interior awarded the money from its Outdoor Recreation Legacy Partnership Grants Program.

Retired race car driver Richard Berry hopes the third time’s the charm after listing his custom-designed Evergreen mansion on 75 acres for $19 million.

Had Denver matched the regional average gain, it would have seen an additional $646 million more in taxable sales revenues, the report estimates.

Westminster City Council this week retained a law firm that specializes in construction defects to determine what is causing several roads to sag and settle in the northernmost stretches of the city.

“I paint pictures with meanings,” the boxer once said.

American YouTuber Mr Beast has filmed one of his popular challenges on the island, entitled: “I buried treasure in the Bermuda Triangle.” Mr Beast, whose real name is Jimmy Donaldson, is one of the biggest social media influencers in the world, with 167 million subscribers on YouTube, 85 million followers on TikTok and 39 million […]