Companies

Looking Past The Pandemic: ESOPs, Employee-Ownership Companies Set To Outperform In Anticipated 2021 Recovery

1 day ago   |   By Forbes

While the U.S. economy may take a bumpy ride in 2021, ESOPs and companies with significant employee ownership are likely to fare better than other companies because they have performed better during the pandemic.
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Fintech startup Plaid has a slew of investors who won't get paydays now that Visa's $5.3 billion deal is off. And they say they're happy about it

Fintech startup Plaid has a slew of investors who won't get paydays now that Visa's $5.3 billion deal is off. And they say they're happy about it

1 day ago   |   By Business Insider

Summary List Placement Things have not gone according to plan for fintech startup Plaid. But its investors now say that may be for the best.
In January, Visa agreed to purchase the fintech unicorn for $5.3 billion, giving Plaid's backers a sweet return on their investment - roughly seven years after the company raised its first round of venture capital.
But the deal fell apart on Tuesday, after regulators refused to approve it and instead sued to stop it, saying it was anti-competitive. In the face of that, both parties agreed to walk, they said in a statement .
That's the official story...
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Here are the 26 hottest cannabis startups that are set to take off in 2021, according to top investors

Here are the 26 hottest cannabis startups that are set to take off in 2021, according to top investors

1 day ago   |   By Business Insider

Summary List Placement If 2020 was the year for cannabis startups to tighten their belts and focus on weathering the pandemic, then 2021 is set to be a boon for companies that have emerged mostly unscathed, investors told Business Insider.
We asked top private equity and venture investors in the cannabis industry to name the startups they believe are poised for major growth this year. The startups that made our list range from dispensaries and cultivation chains like Ascend Wellness Holdings, to cannabis software firms like Dutchie, to companies working on biosynthesis and agricultural...
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Biden's aid plan could revamp economy, prompt GOP resistance

Biden's aid plan could revamp economy, prompt GOP resistance

BALTIMORE - The $1.9 trillion rescue plan unveiled by President-elect Joe Biden offers the chance to sculpt the U.S. economy toward the Democrats' liking: a $15 minimum wage... Read more ...

The Latest: Mexico hits another record for COVID-19 cases

The Latest: Mexico hits another record for COVID-19 cases

Mexico has posted yet another record increase in coronavirus cases, with 16,468 newly confirmed infections and 999 more deaths. Read more ...

Pelosi taps retired military commander, who oversaw the US response to...

Pelosi taps retired military commander, who oversaw the US response to Hurricane Katrina, to oversee probe into security failures during Capitol siege

Summary List Placement House Speaker Nancy Pelosi has tapped retired Lt. Gen. Russel Honoré to lead "an immediate review" of the security of the US Capitol Complex after armed... Read more ...

US stocks slide as disappointing bank earnings prompt end-of-week sell-off

US stocks slide as disappointing bank earnings prompt end-of-week sell-off

Summary List Placement US stocks sank on Friday as investors digested disappointing bank earnings and a December slump in retail sales. Retail sales shrank 0.7% in December as... Read more ...

Daily Crunch: WhatsApp responds to privacy backlash

Daily Crunch: WhatsApp responds to privacy backlash

WhatsApp delays enforcement of a controversial privacy change, Apple may get rid of the Touch Bar in future MacBooks and Bumble files to go public. This is your Daily Crunch... Read more ...

The Latest: Oregon governor blames feds for vaccine delay

The Latest: Oregon governor blames feds for vaccine delay

SALEM, Ore. - Gov. Kate Brown said Friday that plans to vaccinate Oregon residents over 65 starting next week would have to be delayed and scaled back substantially as she... Read more ...

The Latest: Wisconsin gov blasts empty federal vaccine vow

The Latest: Wisconsin gov blasts empty federal vaccine vow

MADISON, Wis. - Gov. Tony Evers blasted federal officials Friday for promising to release the remainder of their COVID-19 vaccine stockpile when it apparently was already... Read more ...

The Latest: Biden rebukes unmasked lawmakers in insurrection

The Latest: Biden rebukes unmasked lawmakers in insurrection

WASHINGTON - President-elect Joe Biden issued a rebuke of Republican lawmakers who refused to wear masks while sheltering in crowded rooms during last week's violent... Read more ...

What is ChowNow? How the food-ordering service differs from its competition

What is ChowNow? How the food-ordering service differs from its competition

Summary List Placement Food delivery apps like Uber Eats and DoorDash seem nearly ubiquitous in the restaurant industry - if you're running a restaurant and you want people in... Read more ...

6 things you need to know about Joe Biden's just-released plan to transform...

6 things you need to know about Joe Biden's just-released plan to transform the chaotic covid vaccine rollout

Summary List Placement Long lines in Florida. Appointment website failures in California. Vaccines tossed in the trash in New York . The early weeks of the US coronavirus... Read more ...