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The tide has shifted for solo GPs

The tide has shifted for solo GPs

Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. It’s hard to be proactive after the tide has already shifted. However, that’s what we’re seeing happen in the solo GP world, where investors, hearing…

Biden said federal deposit insurance could be tapped further if banks fail

Biden said federal deposit insurance could be tapped further if banks fail

© Reuters. U.S. President Joe Biden speaks during a joint news conference with Canadian Prime Minister Justin Trudeau, in Ottawa, Ontario, Canada, March 24, 2023. REUTERS/Blair Gable By Andrea Shalal OTTAWA (Reuters) -President Joe Biden said on Friday that federal deposit insurance could be tapped for deposits above $250,000 if other U.S. banks fail, expressing…

Intel co-founder Gordon Moore, prophet of the rise of the PC, dies at 94

Intel co-founder Gordon Moore, prophet of the rise of the PC, dies at 94

© Reuters. FILE PHOTO: Projection of Intel co-founder Gordon Moore at the Intel keynote at the International Consumer Electronics show (CES) in Las Vegas, Nevada January 6, 2015. REUTERS/Rick Wilking/File Photo   GOOGL -0.15% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL…

ABL Space Systems scores $60 million for rapid response launch for defense customers

ABL Space Systems scores $60 million for rapid response launch for defense customers

Launch startup ABL Space Systems has landed a $60 million contract to build out its “responsive launch” operational capacity, as part of the U.S. Space Force and U.S. Air Force Strategic Funding Increase (STRATFI) program. The new funding, which equally matches government funding with private investment, comes as the company prepares for the second launch…

BoE’s Bailey urges firms to assume lower inflation when setting prices

BoE’s Bailey urges firms to assume lower inflation when setting prices

© Reuters. FILE PHOTO: Andrew Bailey, Governor of the Bank of England, attends the Bank of England Monetary Policy Report Press Conference, at the Bank of England, London, Britain, February 2, 2023. Yui Mok/Pool via REUTERS By David Milliken LONDON (Reuters) -British businesses should consider official forecasts showing inflation will fall this year when setting…