Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Roblox goes public Wednesday — here’s how indie…
Bad Business on RobloxBad BusinessEthan Gawronski was about 10 years old when he discovered Roblox. He dove into its games, mostly to socialize with other kids.Now, at age 20, Gawronski has his own Roblox game…
Fidelity leads a $376 million investment in Starling,…
The Starling Bank banking app on a smartphone.Adrian Dennis | AFP via Getty ImagesLONDON — Starling Bank, a digital-only challenger bank in the U.K., said Monday that it's raised £272 million ($ 376 million) in…
Covid relief bill may trigger $36 billion cut…
Bill Clark | CQ-Roll Call, Inc. | Getty ImagesA Covid relief bill backed by Democrats could trigger billions of dollars in cuts to Medicare and other federal programs, like ones that support unemployed workers and…
Warren Buffett’s $10 billion mistake: Precision Castparts
The 90-year-old billionaire on Saturday admitted he “paid too much†when his Berkshire Hathaway Inc spent $ 32.1 billion in 2016 to buy aircraft and industrial parts maker Precision Castparts Corp, its largest acquisition. Berkshire…
Buffett is buying back more Berkshire stock this…
Warren Buffett during an interview with CNBC's Becky Quick on February 24, 2020. It turned out to be another year during which the billionaire investor shied away from game-changing acquisitions in a pricey market even…
Tesla has made about $1 billion in profit…
Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future.Artur Widak | NurPhoto | Getty ImagesTesla…
What’s behind SpaceX’s $74 billion valuation: Elon Musk’s…
Elon Musk's SpaceX is now worth $ 74 billion after it raised more capital last week – and the strong demand for shares means many investors believe the company's two ambitious projects will drive that…
ETtech Evening Briefing on Feb 8, 2021: SoftBank’s…
Good evening, VerSe Innovation has bagged over $ 100 million in fresh funding; SoftBank Vision Fund has racked up a record $ 8 billion profit in the third quarter; and taking a cue from its…