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Xpeng Raises $500 Million Even as China EV Market Sputters

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Trump Raises New Objections to Subpoena Seeking His Tax Returns

Updated July 14, 2020 The Latest Jeff Sessions was soundly defeated in the Alabama Senate primary after President Trump derailed his former attorney general’s political comeback. Follow latest updates here. Biden’s V.P. Search Here are 13 women who have been under consideration to be Joe Biden’s running mate, and why each might be chosen —…

Rivian raises $2.5 billion as it pushes to bring its electric RT1 pickup, R1S SUV to market

Rivian, the electric vehicle company aiming to become the first to bring an EV pickup truck to market, has raised $2.5 billion in a round led by funds and accounts advised by T. Rowe Price Associates Inc. New investors Soros Fund Management LLC, Coatue, Fidelity Management and Research Company and Baron Capital Group also participated.…

SoftBank raises $14.8bn from T-Mobile US share sale

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Air Canada raises nearly $1.6 billion to bolster cash flow through coronavirus collapse

Air Canada said on Tuesday it raised nearly $1.6 billion through an offering of shares and convertible senior notes to strengthen its cash flow amid the coronavirus crisis.Airlines, including Air Canada, have been among the worst hit as coronavirus-led travel bans resulted in thousands of flight cancellations, forcing carriers to cut jobs and costs as…

Deep Render raises ₤ 1.6 M for image compression tech that simulates ‘neural procedures of the human eye’

Deep Render, a London startup and spin-out of Imperial College that is applying machine learning to image compression, has raised £1.6 million in seed funding. Leading the round is Pentech, with participation from Speedinvest. Founded in mid-2017 by Arsalan Zafar and Chri Besenbruch, who met while studying Computer Science at Imperial College London, Deep Render…

Omilia raises $20M to utilize conversational AI for customer support

Omilia, a company headquartered in Cyprus that has built a conversational AI for customer support, has raised $20 million in its first ever funding round, having been bootstrapped since 2002. Backing comes from Grafton Capital and will be used to invest in further growth, after Omilia grew revenue by “more than” 100% in 2019, with…

Classplus raises $9M to grow its Shopify-like platform for teachers and training centers in India

An India-based startup that has built a Shopify -like platform for coaching centers to accept fees digitally from students, and deliver classes and study material online has received the nod — and capital — from a number of high-profile investors. The business-to-business startup, called Classplus, said on Monday that it has raised $9 million in…

Guilded raises $7 million for its competitive gaming-focused chat app

Gaming platforms have earned serious clout with investors in recent years. Add in the VC excitement surrounding collaboration tools and it’s no surprised there’s interest in backing another gaming chat app. Guilded is creating a chat platform designed for competitive gaming and esports that focuses heavily on keeping gamers organized and connected with their teams.…

Clorox raises forecast, reports 15% rise in quarterly sales

May 1 (Reuters) - Clorox Co raised its annual forecast and reported a 15% rise in quarterly sales on Friday as people bought more bleach and other disinfectants because of the COVID-19 pandemic.The Formula 409 maker's net sales rose to $1.78 billion from $1.55 billion in the third quarter ended March 31.Net earnings jumped to…

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DHS Secretary Sets the Record Straight on Fake News on Portland Riots

Chad Wolf, acting secretary of the Department of Homeland Security, hit back at a press conference in DHS headquarters in Washington, D.C. on Tuesday against media reports that the Trump administrati…

Trump Raises $20 Million in First-Ever Virtual Fundraiser

President Donald Trump raised an eye-popping $20 million on Tuesday night in his first-ever virtual fundraiser, from a total of more than 300,000 individual donors who participated. This is a great …

ACLU: Constitution Requires Illegal Aliens Count Toward Congressional Apportionment

The American Civil Liberties Union (ACLU), as well as other migration lobbying organizations, claims it is “unconstitutional” not to count illegal aliens when apportioning congressional representatio…

US House poised to vote on reversing Trump’s Muslim ban

The United States House of Representatives is set to vote on Wednesday on legislation reversing President Donald Trump's controversial ban on immigration from Muslim countries. The bill, called the …
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