Economy - Finance > Rights

A Rivian VP reveals the 5 key traits the Amazon-backed startup looks for in job candidates

1 month ago   |   By Business Insider

Summary List Placement Hiring the right people is essential to building a successful startup. No matter how talented or charismatic a new company's founder is, they won't succeed without a strong team.
Cindy Nicola is responsible for that task at the electric-vehicle startup Rivian , where she is the vice president of talent acquisition. Rivian has attracted as much attention as any EV startup since it relaunched in 2018 and has grown quickly since then: At the beginning of 2020, it had around 1,500 employees, now it has around 3,500.
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A Credit Suisse rising star departs - What went wrong with Amazon's Haven - Biden's impact on red-hot IPO market

A Credit Suisse rising star departs - What went wrong with Amazon's Haven - Biden's impact on red-hot IPO market

1 month ago   |   By Business Insider

Summary List Placement It might be a new year, but we still haven't been able to shake off the stink of 2020 just yet. In the first day of trading in 2021, US markets dropped over fears surrounding the coronavirus.
As if that wasn't enough, the more contagious UK variant of COVID-19 was found in New York. Meanwhile, England is going back into a full lockdown for at least six weeks.
In other news, voting in two Georgia runoff elections ends today that will determine control of the US Senate .
If you're not yet a subscriber, you can sign up here to get your daily dose of the stories...
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Amazon-backed food delivery firm Deliveroo posts higher revenue, gross profit margin, but losses still rose in 2019

Amazon-backed food delivery firm Deliveroo posts higher revenue, gross profit margin, but losses still rose in 2019

1 month ago   |   By Business Insider

Summary List Placement Amazon-backed food delivery startup Deliveroo posted higher revenue and a healthy gross margin for its full-year 2019, but it also saw its losses rise in a set of results that did not include the effects of the pandemic.
Headquartered in the UK and competing with the likes of Uber Eats in Europe and parts of Asia, Deliveroo offers on-demand food, alcohol, and grocery deliveries via an app, relying on a network of gig-economy cyclists and motorcyclists to ferry the food to customers.
The company, cofounded by American ex-banker Will Shu, is aiming to IPO and will be...
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We got an exclusive look at the pitch deck accounting startup Countingup...

We got an exclusive look at the pitch deck accounting startup Countingup used to raise a $12.7 million Series A

Summary List Placement Countingup has raised a £9.1 million Series A investment round, led by Framework Venture Partners. The company, which provides a business account that... Read more ...

March 3 COVID-19 Test Results and Vaccinations

March 3 COVID-19 Test Results and Vaccinations

SPECIAL NOTE: The Covid Tracking Project will end daily updates on March 7th. From Bloomberg on vaccinations as of Mar 2nd. "In the U.S., more Americans have now received at... Read more ...

Walmart's mysterious new fintech startup just made some high-profile hires...

Walmart's mysterious new fintech startup just made some high-profile hires. Here's what experts predict these moves mean for the new venture

Summary List Placement Walmart isn't just slicing the surface of fintech. All signs indicate that it is diving in deep on a mysterious new venture that will heavily feature... Read more ...

'It just screams to us of stock promotion and bullsh-t': Famed investor...

'It just screams to us of stock promotion and bullsh-t': Famed investor Carson Block breaks down his new short position in XLFleet - and explains why it's the latest 'garbage' company to use the SPAC bubble to go public

Summary List Placement Muddy Waters Research has taken a new short position in vehicle fleet electrification company XLFleet, according to Carson Block, the firm's CIO and... Read more ...

U.S. Heavy Truck Sales up 9% Year-over-year in February

U.S. Heavy Truck Sales up 9% Year-over-year in February

The following graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the February 2021 seasonally adjusted annual sales rate . Heavy truck sales... Read more ...

CommonWealth Hotels Announces Senior Management Appointments

CommonWealth Hotels Announces Senior Management Appointments

Commonwealth Hotels President Brian Fry Appointed President of Newly Reunited Commonwealth Hotels Inc. and Commonwealth Hotel Collection; Jennifer Porter, Vice President of... Read more ...

Morgan Stanley shares 3 hardware stocks to buy as the economy recovers - and...

Morgan Stanley shares 3 hardware stocks to buy as the economy recovers - and explains why the industry is historically the best performer in tech after recessions

Summary List Placement Following last year's rally, tech-stock investors are now taking a second look at the sector as higher prices and the appeal of cheaper names challenge... Read more ...

An exodus is under way at Goldman Sachs. Here's a running list of all the...

An exodus is under way at Goldman Sachs. Here's a running list of all the big names jumping ship and where they're heading

Summary List Placement For a recent slew of powerful Wall Streeters, there is such a thing as life after Goldman Sachs. While all Wall Street firms experience a natural degree... Read more ...

Evisort's CEO walks through the 11-page pitch deck that the contract...

Evisort's CEO walks through the 11-page pitch deck that the contract software startup used to nab $35 million from investors like General Atlantic - and lays out its path to an IPO

Summary List Placement Contract tech is the frontrunner in the legal tech space, as companies across industries seek to streamline their contract creation, negotiation, and... Read more ...

Genuine Parts makes Senior VP of Finance Napoleon Rutledge chief accounting...

Genuine Parts makes Senior VP of Finance Napoleon Rutledge chief accounting officer

As chief accounting officer, Rutledge will report to Executive Vice President and Chief Financial Officer Carol Yancey. Read more ...