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PRESS RELEASE: $ 15 million Investment to fuel Xometry’s on-demand manufacturing platform GAITHERSBURG, Md.–(BUSINESS WIRE)–June 28, 2017– Xometry, the leading on-demand manufacturing platform, announced $ 15MM in funding led by BMW i Ventures, with participation from existing investors including GE Ventures and Highland Capital Partners. Further fueling Xometry’s rapid market expansion, the latest round of […]
GUEST: I recently retired after working for 40 years at publicly held companies where my fiduciary duty was to my shareholders. For those 40 years I was tasked with delivering the highest possible return to my investors, without engaging in anything illegal or unethical. While I balanced short-term results with long-term value creation considering my […]
Published time: 22 Jun, 2017 04:26 Hundreds of millions of dollars in tax credits are going to Mylan, an allergy treatment producer that sparked controversy for hiking the price of its EpiPen. The completely legal financial scheme is based on “clean coal” credits approved by Congress. Reuters has reviewed Mylan NV’s company filings and reported […]
Adidas/Instagram The future will be owned by those who get there first. Nike and Adidas, the two biggest global sportswear companies in the world, have a new focus on speed. The two companies have been throwing their weight behind initiatives to speed up the supply line and react more quickly to changes in style and […]
A penny for your dreams BEHIND the heavily fortified door of Stack’s Bowers, a gallery of rare coins in New York, smiling salesmen show off their precious wares neatly displayed in pristine glass cabinets. To the untutored eye, it looks like pocket change. Numismatists, who study the history and art of old money, see well-preserved […]
Sometimes the game industry seems small and quiet compared to a “hot” industry like artificial intelligence. Then we get a week like this one, where everything turns upside down, and I can understand why it has become a $ 109 billion business, according to market seer Newzoo. When the dust settles, I think we’ll find […]
Hollis Johnson (Reuters) – Ford Motor Co on Thursday reported a lower quarterly net profit that beat analyst expectations, and reiterated its pretax profit forecast for 2017. The No. 2 U.S. automaker’s profit fell in the quarter amid higher costs and investments, and a slight decline in vehicle sales. The company had warned investors in […]
When it comes to investments and acquisitions, Salesforce has made headlines lately for deals that didn’t happen. The company’s rebuffed $ 26 billion bid for LinkedIn last year and a run at Twitter that never got off the ground would have ranked by far as Salesforce’s largest deals. But those non-deals overshadowed the things Salesforce […]
INVESTORS love to complain about hedge funds, which have delivered measly returns for the past several years and are notorious for their high fees. Yet so far, most have stuck with them. One reason is that the hedge funds’ mission—to provide returns uncorrelated with overall market performance—has been hard to replicate. But a fast-growing hedge-fund-like […]
