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U.K.-based fintech Tide has entered the unicorn club with a fresh funding of $120 million led by TPG, as the startup now serves over 1.6 million micro and small enterprises globally — with more than half of them based in India, the company’s largest and fastest-growing market. The new round — a mix of primary … Read more
Louisiana officially canceled a $3 billion coastal restoration funded by the Deepwater Horizon oil spill settlement money, state and federal agencies confirmed Thursday. The Mid-Barataria Sediment Diversion Project had been intended to rebuild upward of 20 square miles (32 kilometers) of land in southeast Louisiana to combat sea level rise and erosion on the Gulf Coast. The … Read more
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My parents once dismissed Bitcoin as “made-up internet money”, yet they are increasingly asking me how to gain exposure to the digital currency. The launch this week of a 2x long Coinbase ETF is the latest example of how Wall Street recognizes demand from traditional equity investors. Owning crypto outright is out of the question … Read more
Target’s DEI pivot was received the worst by consumers of any company’s. Read More
“With those winds being very calm this morning, I believe we can actually make some progress, turn a corner, and start to build some containment on these fires,” Brent Pascua, a Cal Fire battalion chief, told the Today Show on Thursday. So far the disaster response has been marred by disinformation and controversy. After some … Read more
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