BlackRock upgrades outlook for U.S. stocks on earnings momentum

(Reuters) - The world's biggest asset manager BlackRock Inc upgraded its view on U.S. stocks, citing very strong earnings momentum, while cutting European stocks to neutral.


Indonesia raises aviation warnings after Sumatra volcano emits ash cloud

JAKARTA (Reuters) - Indonesia on Monday raised flight warnings around the Mount Sinabung volcano on Sumatra island to their highest level after it sent a towering plume of ash more than 7 kilometers (4.4 miles) into the air, its biggest eruption this year


Caricature of Thai scholar raises money for dissidents

A cartoonist who lampoons Thailand's military government has done a caricature of a historian critical of the nation's monarchy and sold it in an online auction to raise money for legal aid for political dissidents.


Steve The Robot Is Helping These Young People With Autism Build Their Social Skills

Jamie Lawrence’s eyes light up when an interactiverobotis placed in front of him. He engages with it, calls it his “friend” and beams when the robot raises its arms to let him know he has answered its question correctly. Jamie,


Law enforcement in the Trump era: Great again!

Trump's unconditional support for law enforcement raises questions about accountability, and an expansion of powers


Montana-based mapping startup onXmaps raises a round of funding fit for Big Sky Country

 A mapping startup based in Missoula, Mont., which allows users to download sophisticated offline topographic maps outlining public and private lands and a number of other features geared towards hunting, fishing and camping, has pulled in its first

Showbiz & TV

MoviePass' parent slides after raising its stake to 78% (HMNY)

Shares of MoviePass parent Helios and Matheson fell on news the company had increased its ownership of the movie-theater subscription service. Helios and Matheson said it bought more MoviePass shares in order to recoup its cash advances to the movie servi


Lydia raises $16.1 million to become the PayPal of mobile payments

 French startup Lydia is raising a $16.1 million round (€13 million) led by CNP Assurances with existing investors XAnge, New Alpha AM, Oddo BHF and Groupe Duval also participating. Lydia isn’t the first startup that wants to replace PayPal,


Amnesty raises alarm over Egypt's cluster-bomb video

Egypt must stop using globally-banned weapons featured in army's official video on Sinai operation, rights group says.


Google raises price of YouTube TV, adds sports, Turner

(Reuters) - Alphabet Inc's Google is raising the price of its YouTube TV online service for new customers as it adds channels from Time Warner Inc's Turner, National Basketball League and Major League Baseball, the company said Wednesday.


Norwest Venture Partners raises $1.5 billion fund

 Norwest Venture Partners has closed a $1.5 billion fund, bringing the total under management to $7.5 billion. The firm will be using the money to invest primarily in the consumer, enterprise and healthcare categories. And they are looking for opport


Adikteev raises $12 million for its mobile marketing platform

 French startup Adikteev raised a $12 million funding round led by Ring Capital and BNP Paribas Développement, with existing investors ISAI, Ventech and Laurent Asscher also participating. It’s also worth noting that it represents Ring Capital


Chinese online retailer raises $2.5 billion for logistics arm

BEIJING (Reuters) - Inc said on Wednesday it had raised $2.5 billion for its logistics arm, as the second-largest Chinese e-commerce firm seeks to further bolster its position in online retail in its home country and beyond.


U.S. Stock Market Shift - Value May Overtake Growth In 2018

Value stocks' relative underperformance last year raises the prospects of outperformance this year.


Homesnap raises $14 million for real estate intelligence

 Homesnap has come a long way from its days as a consumer-facing app for displaying information about local homes by taking a photo. While its current app still works this way for prospective buyers, these days its core focus is for U.S. real estate


A new lawsuit casts doubt on what billionaire Steve Cohen's deputies have been saying for years

A female staffer at Point72, billionaire Steve Cohen's investment firm, filed a lawsuit alleging widespread discrimination of women. Two senior men targeted in the lawsuit, Doug Haynes and Mark Herr, have for years pushed the narrative that Point72 is a w


Nightclub death raises concerns over Durham student influx

MP calls for inquiries into death of Olivia Burt and into safety of city’s nighttime environmentAn MP has demanded an independent investigation into the death of a university student outside a Durham nightclub amid warnings that the cathedral city is st


HackerRank raises $30M to match developers with jobs

 HackerRank, the skills-based recruiting platform and online coding challenge community, today announced that it has raised a $30 million Series C funding round led by JMI Equity, a fund that specializes in helping software companies scale. Existing


Instacart won't raise another round before going public, and isn't worried about Amazon competition

Grocery delivery start-up Instacart has just raised a fresh round of funding and had its best year ever.


Buy JP Morgan Chase shares on the dip because it is a ‘best-in-class’ bank, KBW says

Keefe, Bruyette & Woods raises its rating to outperform from market perform for J.P. Morgan Chase shares.


UJET, a startup that wants to speed up customer support, raises $25M led by GV

 UJET, a startup that makes software to improve customer support, said today that it’s raised a $25 million Series B led by GV (formerly known as Google Ventures). Other participants in the round include returning investors Kleiner Perkins and


Philippines' Jollibee raises stake in U.S. based Smashburger Master

MANILA (Reuters) - Philippine fast-food giant Jollibee Foods Corp said it would pay $100 million for a 45 percent stake in Smashburger Master, making it the majority owner of the U.S. hamburger chain, as it steps up its global presence.


Scooter Service Bird Raises $15 Million Amid Legal Spat With Santa Monica

Former Uber and Lyft executive Travis VanderZanden intends to take his "last-mile" transportation service nationwide while trying to resolve a lawsuit filed by Bird's hometown in December over its popular electric scooters.


Grocery delivery startup Instacart raises $200 million and prepares to battle Amazon

SAN FRANCISCO (Reuters) - Grocery delivery service Instacart has raised $200 million in fresh funding, the company said on Monday, boosting its valuation and providing new resources for the startup to compete against heavyweight Inc.


Tragic Russian Air Crash Raises Unsettling Memories

Russian air disaster triggers unsettling memories of unsafe flights in years past.

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