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Tershawn Wharton recovered the loose ball and Mahomes and the Chiefs got it at the Jets 47. Michael Carter II intercepted Mahomes on third-and-20 from the Jets 40 — but it was negated by a holding call on Sauce Gardner. Mahomes, who became the fastest to 200 NFL touchdown passes, was 18 of 30 for 203 yards and a touchdown. Wilson found Allen Lazard in the middle of the end zone for a 10-yard touchdown pass. Uzomah in the top right corner of the end zone for a 1-yard TD to cut the Jets' deficit to 17-12 with 6:26 left in the half.

Persons: — Patrick Mahomes, Mahomes, Taylor Swift, Travis Kelce, Harrison, Zach Wilson, Tershawn Wharton, Michael Carter, Gardner, Robert Saleh, Saleh, Isiah Pacheco, Kelce, Wilson, Aaron Rodgers, Allen Lazard, Rodgers, Achilles, Woody Johnson —, Pacheco, Micheal Clemons, Dan Marino’s, Noah Gray, Marino, Jawaan Taylor, Bryce Huff, Tyler Conklin, Greg Zuerlein, Ashtyn Davis, Gray, Randall Cobb, Xavier Gipson, Joe Klecko, Klecko, LB Cole Christiansen, didn't, CB Brandin Echols, ___ Organizations: Kansas City, New York Jets, Chiefs, MetLife, Jets, NFL, New, Dan Marino’s NFL, Miami, The Jets, Kansas, Pro Football Hall, Fame, of Fame, Exchange, CB, NEXT Chiefs, Minnesota, Sunday . Jets, Denver Locations: RUTHERFORD, N.J, Kansas, New York, New, York, Uzomah, Canton , Ohio

CINCINNATI (AP) — Joe Burrow started for the Cincinnati Bengals in Monday night's game against the Los Angeles Rams. The injury occurred early in training camp, and he aggravated it late in the Bengals' loss to Baltimore last week. Burrow returned to practice on Thursday on a limited basis, and on Saturday the team listed him as questionable. Political Cartoons View All 1179 ImagesInactives for the Rams included RB Zach Evans, OL Kevin Dotson, OL Warren McClendon and DL Earnest Brown IV. The Rams elevated RB Royce Freeman and WR Austin Trammell to the active roster.

Persons: — Joe Burrow, Burrow, inactives, Irv Smith Jr, WR Trenton Irwin, Chris Evans, Jay Tufele, OL Jackson Carman, Trey Hill, DJ Ivey, Zach Evans, Kevin Dotson, Warren McClendon, Earnest Brown IV, RB Royce Freeman, Austin Trammell, ___ Organizations: CINCINNATI, Cincinnati Bengals, Los Angeles Rams, Bengals, Baltimore, WR, Rams, RB

The Eagles led 25-3 by the time the Bucs finally got into the end zone on Baker Mayfield's 1-yard TD throw to Mike Evans. A 2-point conversion trimmed Philadelphia's lead to 14 with 9:22 remaining, but Hurts and the Eagles never let Tampa Bay get the ball back. A week after rushing for a career-high 175 yards, D'Andre Swift ran for 130 yards on 16 attempts for Philadelphia. Brown finished with nine receptions for 131 yards for the Eagles — one of just three NFL teams that remain unbeaten, along with Miami and San Francisco. Buccaneers: CB Carlton Davis III (toe) and DL Calijah Kancey remained sidelined after sitting out the previous week against Chicago.

Persons: Baker, Mike Evans, Mayfield, D'Andre Swift, Brown, Evans, Ronde Barber's, Quez Watkins, RB Boston Scott, Justin Evans, CB Carlton Davis III, Calijah Kancey, ___ Organizations: Eagles, Philadelphia, Tampa Bay Buccaneers, NFC, Philly, Bucs, Minnesota, NFL, Tampa, Tampa Bay, Pro Football Hall of Fame, Fame, RB Boston, Buccaneers, CB, Chicago, NFC East, Washington, Sunday, NFC South, New Orleans Locations: TAMPA, Fla, Tampa, Chicago, Miami, San Francisco, Philadelphia, UP

SANTA CLARA, Calif. (AP) — Christian McCaffrey scored a touchdown in his 12th straight game, Brock Purdy threw two TD passes and the San Francisco 49ers won their 13th straight regular season game, 30-12 over the New York Giants on Thursday night. The defense did the rest against the short-handed Giants (1-2), who fell behind by double digits at the half for the third time in three games this season. That matched Jerry Rice's franchise record with 12 straight games in the regular season or playoffs with a TD and is three shy of the NFL mark. They rallied to beat the Cardinals with a strong second half. Davidson (elbow) left in the second half.

Persons: — Christian McCaffrey, Brock Purdy, McCaffrey, Deebo Samuel, George Kittle, Saquon Barkley, Andrew Thomas, Ben Bredeson, Matt Breida's, Daniel Jones, Purdy, Ronnie Bell, Samuel, Jerry Rice's, Kittle, Bell, San Francisco, Trent Williams, York's A'Shawn Robinson, Aaron Banks, Williams, Robinson, Shaun Hochuli, Deonte Banks, Davidson, Brandon Aiyuk, Ambry Thomas, ___ Organizations: San Francisco 49ers, New York Giants, Niners, Giants, Dallas, Arizona, Cardinals, Eagles, INACTIVES Giants, UP, Seattle Locations: SANTA CLARA, Calif, New York, San, Arizona

Cleveland allowed an opponent to score two defensive touchdowns for the first time since Pittsburgh did it on Oct. 16, 1983. The Browns played most of the final three quarters without Chubb, who was carted off the field with what appeared to be his second major left knee injury. Chubb took a handoff from Watson early in the second quarter and reached the Pittsburgh 3 when Steelers safety Minkah Fitzpatrick dove at Chubb's legs. The Browns beat the host Steelers in the playoffs after the 2020 season. Steelers: At Las Vegas (1-1) next Sunday, when they will try to beat the Raiders on the road for the first time since 1995.

Persons: — T.J, Watt, DeShaun Watson, Nick Chubb, Alex Highsmith —, Jedrick Wills Jr, Chubb, Watson, Minkah Fitzpatrick, Fitzpatrick, Jacoby Brissett, ”, Jerome Ford, tandems, Kenny Pickett, George Pickens, Cleveland, Ford, Pierre Strong, Matt Canada, Za'Darius Smith, Greg Newsome, KR Gunner Olszewski, ILB Elandon Roberts, ___ Organizations: PITTSBURGH, Pittsburgh Steelers, Cleveland Browns, Cleveland, The Steelers, Browns, Georgia, Pittsburgh, Steelers, Bowler's, ESPN, Steeler, KR, Host Tennessee, Sunday, Las Vegas, Raiders Locations: Pittsburgh, Cleveland, Las

ARLINGTON, Texas (AP) — Dak Prescott threw for two touchdowns, Zach Wilson had three interceptions in his first start after Aaron Rodgers' season-ending Achilles tendon injury, and the Dallas Cowboys beat the New York Jets 30-10 on Sunday. But New York had just 147 yards outside the long TD, and four second-half turnovers left little doubt for Dallas. Prescott targeted Lamb so much — 13 times, two shy of his career high — it was almost one too many. Cowboys: CB Jourdan Lewis made his season debut after missing the final 10 games last season with a broken foot. UP NEXTJets: The second AFC East rival in the first three weeks with a visit from New England next Sunday.

Persons: — Dak Prescott, Zach Wilson, Aaron Rodgers, CeeDee Lamb, Brandon Aubrey, Wilson, Garrett Wilson, Daniel Jones, Jayron Kearse, Malik Hooker, Trevon Diggs, Dalvin Cook, Micah Parsons, Cook, Parsons, Prescott's, Luke Schoonmaker's, Brandin Echols, Jake Ferguson, Brandin Cooks, Lamb, Garrett Wilson's, Tony Adams, Prescott, Sauce Gardner, Tony Pollard, Sharrif Floyd, Floyd, Adams, upended Lamb, Michael Carter II, Jourdan Lewis, LG Chuma Edoga, Tyler Smith, Smith, T.J ., RG Zack Martin, Pollard, ___ Organizations: Dallas Cowboys, New York Jets, Cowboys, Giants, Jets, Dallas, LG, UP NEXT Jets, AFC East, Sunday, Arizona Locations: ARLINGTON , Texas, New York, Dallas, York, New England

☆ NFL Thursday Night Football: D’Andre Swift runs over Minnesota Vikings in Philadelphia Eagles win as Justin Jefferson makes history
▼ + stars: | 2023-09-15 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

CNN —D’Andre Swift put in a dominant performance as the Philadelphia Eagles punished an error-prone Minnesota Vikings on Thursday in 34-28 win. However, between Swift and quarterback Jalen Hurts, the Eagles were able to find enough explosive plays to keep Minnesota at bay. The Vikings’ quarterback was hit 10 times, including two sacks. “And our staff, we need to go back and continue to find ways to re-emphasize how important it is when you have the football in your hands playing for the Minnesota Vikings. Sue Ogrocki/AP Tampa Bay Buccaneers WR Deven Thompkins runs with the ball during the fourth quarter of a 20-17 win against the Minnesota Vikings at US Bank Stadium in Minneapolis.

Persons: CNN — D’Andre Swift, Swift, LeSean McCoy, ”, Nick Sirianni, “, Jalen, DeVonta Smith, Kirk Cousins, Terrell Edmunds, Fletcher Cox, Derik Hamilton, Kevin O’Connell, we’ve, ” O’Connell, I’ve, we’re, Aaron Rodgers, Leonard Floyd, Rodgers, Elsa, Christian McCaffrey, Justin K, Hayden Hurst, Richie Grant, Dale Zanine, Jakobi Meyers, Denver Broncos CB Damarri Mathis, Ron Chenoy, Joe Burrow, Grant Delpit, Sue Ogrocki, Deven Thompkins, Nick Wosika, JK Scott, Kirby Lee, Zay Flowers, Randy Litzinger, TJ Watt, Brock Purdy, Matt Freed, Patrick Mahomes, Jay Biggerstaff, Justin Jefferson, Jefferson, Odell Beckham Jr, Darius Slay, Michael Owens Organizations: CNN, Philadelphia Eagles, Minnesota Vikings, Eagles, Philadelphia, Detroit Lions, Research, Vikings, New York Jets, Buffalo Bills, NFL, Green Bay Packers, San Francisco 49ers, Pittsburgh Steelers, Acrisure, Getty Images Carolina Panthers, Atlanta Falcons, Benz, Falcons, USA, Network, Reuters Las Vegas Raiders, Denver Broncos CB, Raiders, Reuters, Cincinnati Bengals, Cleveland Browns, Browns, Tampa Bay Buccaneers, US Bank, Los Angeles Chargers, JK, Miami Dolphins, Chargers, Dolphins, Reuters Baltimore Ravens, Houston Texans, Baltimore, Texans, Getty Images Pittsburgh Steelers, Niners, Kansas City Chiefs Locations: Minnesota, Pennsylvania, Minneapolis, Missouri

CNN —New York Jets quarterback Aaron Rodgers will miss the rest of the 2023 NFL season after suffering a complete tear of his left Achilles tendon, according to multiple sources. CNN has reached out to the Jets and Rodgers’ representatives for details. He was attended to by Jets medical staff before being helped off the field at MetLife Stadium in East Rutherford, New Jersey. Quarterback Aaron Rodgers, making his debut with the New York Jets, is sacked by Buffalo Bills defensive end Leonard Floyd. The Jets built absolutely everything in their team, in their season, the entire organization shaped around Aaron Rodgers and he deserved it.

Persons: Aaron Rodgers, Rodgers, Robert Saleh, Leonard Floyd, Quarterback Aaron Rodgers, Elsa, Christian McCaffrey, Justin K, Hayden Hurst, Richie Grant, Dale Zanine, Jakobi Meyers, Denver Broncos CB Damarri Mathis, Ron Chenoy, Joe Burrow, Grant Delpit, Sue Ogrocki, Deven Thompkins, Nick Wosika, JK Scott, Kirby Lee, Zay Flowers, Randy Litzinger, TJ Watt, Brock Purdy, Matt Freed, Patrick Mahomes, Jay Biggerstaff, Zach Wilson, Xavier Gipson, Mike Greenberg, Seth Wenig, ” Greenberg, ” Organizations: CNN, New York Jets, Jets, ” Jets, Buffalo Bills, Bills, MetLife, NFL, Green Bay Packers, San Francisco 49ers, Pittsburgh Steelers, Acrisure, Getty Images Carolina Panthers, Atlanta Falcons, Benz, Falcons, USA, Network, Reuters Las Vegas Raiders, Denver Broncos CB, Raiders, Reuters, Cincinnati Bengals, Cleveland Browns, Browns, Tampa Bay Buccaneers, Minnesota Vikings, US Bank, Los Angeles Chargers, JK, Miami Dolphins, Chargers, Dolphins, Reuters Baltimore Ravens, Houston Texans, Baltimore, Texans, Getty Images Pittsburgh Steelers, Niners, Kansas City Chiefs, Detroit Lions, ESPN Locations: East Rutherford , New Jersey, Pennsylvania, Minneapolis, Missouri, New York City , Washington, DC, Shanksville , Pennsylvania

Insider asked 34 top fintech investors to nominate the most promising startups. VCs highlighted startups that haven't raised more than a Series C.Behind-the-scenes firms, payment and compliance startups dominated this year's list. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Insider surveyed 34 early-stage investors — including Bain Capital Ventures, Point72 Ventures, and Index Ventures — about the hottest fintechs to watch. There were also several sustainability-focused startups, offering everything from electric-vehicle financing to marketplaces for financing renewable-energy projects.

Persons: VCs, we'll, Mark Peter Davis Organizations: Service, Bain Capital Ventures, Point72 Ventures, Ventures, Interplay, Bank Locations: Wall, Silicon

☆ Bezos snubbed Musk's SpaceX for huge satellite launch contract, Amazon shareholder says
▼ + stars: | 2023-09-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

An Amazon shareholder lawsuit says the company snubbed SpaceX for valuable satellite launch contracts because of Jeff Bezos' personal rivalry with Elon Musk , who has taunted his fellow billionaire's space ambitions for years. Last year, Amazon announced what it called the biggest rocket deal in the commercial space industry's history, signing launch contracts with United Launch Alliance (ULA), Arianespace, and Bezos' Blue Origin. Blue Origin has yet to provide a statement in response to CNBC's request for comment on the lawsuit. In January 2022, the suit says Bezos' team told the Amazon audit committee that two contracts had been fully negotiated with Blue Origin and ULA. "Bezos, it must be assumed, could not swallow his pride to seek his bitter rival's help to launch Amazon's satellites," the suit adds.

Persons: Jeff Bezos, Elon Musk, Bezos, –, Andy Jassy, Eisenhofer, Origin's, ULA Organizations: SpaceX, Tesla, Origin, Cleveland Bakers, Teamsters Pension Fund, Amazon, Elon, United Launch, CNBC, CB, Blue, FCC, Foods Locations: Delaware, New York

☆ See inside President Vladimir Putin's opulent $100 million superyacht
▼ + stars: | 2023-08-30 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +5 min

Russian President Vladimir Putin spent $32 million refitting a superyacht, a new report suggests. AdvertisementAdvertisementWhile his troops flooded into Ukraine, Russian President Vladimir Putin was spending millions of dollars on an opulent refit of one of his superyachts, according to an investigation from opposition leader Alexei Navalny's team. Advertisement Advertisement Watch: Inside Putin's secret bunker and billion-dollar palaceThe total cost of the works came to $32 million, according to the investigation. AdvertisementAdvertisement"OFAC is identifying Russia-flagged Graceful and Cayman Islands-flagged Olympia, as blocked property in which President Vladimir Putin has an interest," the US Treasury website said in a June 2022 press release. The Russian president is reportedly also the owner of the 450-foot, $700 million Scheherazade, one of the largest yachts in the world.

Persons: Vladimir Putin, Alexei Navalny's, Pyotr Stolypin, Putin, Alyaksandr Lukashenka, Russian oligarch, Roman Abramovich Organizations: Morning, Russian, Blohm, Russian Federation, US Department of, Foreign, Control, US Treasury, Ukraine Locations: Ukraine, Russian, Saint Petersburg, Hamburg, Germany, Voss, Kaliningrad, Russia, Islands, Belarus, Cayman Islands, Olympia

Insider asked more than 30 top fintech investors to nominate the most promising startups. VCs highlighted startups that haven't raised more than a Series C.Here are the 54 most promising fintechs. Insider surveyed 34 early-stage investors — including Bain Capital Ventures, Point72 Ventures, and Index Ventures — about the hottest fintechs to watch. As was the case last year, fintechs that sell to businesses, as opposed to those that serve consumers directly, dominated the list. Check out the 54 fintechs identified as most promising by top investors.

Persons: VCs, we'll, Mark Peter Davis Organizations: Bain Capital Ventures, Point72 Ventures, Ventures, Interplay

☆ Citi buys stake in Peruvian foreign exchange fintech
▼ + stars: | 2023-08-24 | by ( Tatiana Bautzer | ) www.reuters.com time to read: +1 min

NEW YORK, Aug 24 (Reuters) - Citigroup has acquired a stake in Peruvian foreign exchange startup Rextie, its first fintech investment in Latin America. Terms of the deal were not disclosed, but Citi and Rextie executives said the bank is injecting cash into the company to finance its growth. Rextie, founded in 2016, has closed so far $4.5 billion in forex transactions and expects to reach $7 billion by the end of next year. Rextie provides forex transactions through digital channels to 12,000 mid-sized and small companies in Peru and 170,000 individuals. Aldo Alvarez, Head of Institutional Strategic and Fintech Investments for LATAM at Citi, said the deal creates opportunities to offer the bank's products to Rextie clients.

Persons: Rextie, Aldo Alvarez, Mateu Batle, Tatiana Bautzer, Miral Organizations: Citigroup, Citi, Institutional, Fintech Investments, LATAM, Thomson Locations: Latin America, Peru

☆ CNBC Daily Open: Treasury yields are putting pressure on stocks
▼ + stars: | 2023-08-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Michael M. Santiago | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineRising U.S. Treasury yields are straining stocks. All three indexes closed below their 50-day moving average — the first time for the Dow since June. All indexes are still above their 200-day moving average.

Persons: Michael M, That's, —, bullishness, It'd, — CNBC's Scott Schnipper Organizations: New York Stock Exchange, Santiago, CNBC, Treasury, it's, Fed, Investors, Dow Jones, Nasdaq, Dow, Trading, American, of, Investor Locations: New York City, U.S, There's

☆ DTC brands are struggling to turn a profit. Shopify and some software startups aim to solve this by paying customers to shop.
▼ + stars: | 2023-08-17 | by ( Madeline Stone | ) www.businessinsider.com time to read: +5 min

Some are leaning away from the heavy discounting and confusing rewards programs of the past and instead turning to new tech that offers customers cash back for shopping. When shoppers purchase from brands that partner with Catch, they'll get 5-10% back in credit to spend at that store. While DTC brands historically spent a lot to acquire new customers , changes to iOS tracking have made targeted ads less effective. Credit-card companies have also been doing cash-back rewards for years, but those programs don't really benefit brands. PostscriptFondue is another startup looking to revamp loyalty programs by zeroing in on cash-back rewards.

Persons: Nico Perdomo, Denia Ebersole, they'll, It's, Perdomo, Shopify, Harley Finkelstein, that's, Laura Kennedy, William Herlands, Abraham Lucey, Adam Turner, Oren Charnoff, Fondue, Kennedy, Alex Beller, Charnoff Organizations: DTC, Grow, American Express, zeroing, Barstool

☆ Progressive had a great quarter, but it's not Jim Cramer's top insurance stock
▼ + stars: | 2023-08-16 | by ( Morgan Chittum | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer says that although Progressive had an "incredible quarter," he prefers Chubb (CB) as a insurance pick. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: CNBC's Jim Cramer, Chubb, Cramer, Jim Cramer's, Jim Cramer, Jim Organizations: Progressive Corp, MetLife, UnitedHealth, Progressive, Federal Reserve, Jim Cramer's Charitable, CNBC

☆ Fintech VCs are readying their checkbooks as cash-strapped startup founders run out of options
▼ + stars: | 2023-08-08 | by ( Bianca Chan | ) www.businessinsider.com time to read: +6 min

Fintech funding has been on a decline from 2021's peak levels, but VCs see signs of a rebound. VCs are itching to get back to dealmaking as they see early signs of a rebound in the fintech industry. Cash-strapped founders who didn't want to fundraise in a down market and get valuations slashed are running out of options and time. They dominated the fintech market in the past several years, but the shine is wearing off, Shriner said. Fintech VCs will get to spend more time on due diligence, looking beyond so-called "vanity metrics," Fernandez said.

Persons: Cash, didn't, Mark Peter Davis, Davis, We're, Tripp Shriner, Robert Ruark, Ruark, B2C, VCs, Shriner, — crowdedness, Stephanie Choo, Marcos Fernandez, KPMG's Ruark, Fintech, Fernandez Organizations: Interplay, Investors, Point72 Ventures, KPMG, Tiger, Portage Ventures, Fiat Ventures Locations: dealmaking, VCs, overvaluations

☆ Here's the 14-page pitch deck that 40Seas, a fintech looking to bring "buy now pay later" to the trade industry, used to raise $16 million
▼ + stars: | 2023-08-02 | by ( Bianca Chan | ) www.businessinsider.com time to read: +3 min

It raised an $11 million seed round in January and raised an additional $6 million in an extension. Here's the pitch deck the startup used to fundraise, which attracted investors like QED Investors. Even though his startup 40Seas only launched seven months ago, for Eyal Moldovan, the business has been decades in the making. 40Seas raised its seed round in January as investors funneled $11 million into the fledgling startup. Here's the 14-page pitch deck 40Seas used to raise its seed and seed extension.

Persons: Eyal, Igor Zaks, Gil Shiff, Suki Gao, Camila, Saruhashim, 40Seas Organizations: QED, Eyal Moldovan, Moldovan, ZIM, Eminence Ventures Locations: Israel, China, India, Tel Aviv, Canada, Europe, Asia Pacific, Australia, New Zealand, Moldovan

☆ What we hope to see from 9 Club stocks out with earnings in the week ahead
▼ + stars: | 2023-07-22 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

Looking to next week, earnings season will ramp up — and though we'll get some important economic data, expect the corporate releases and management commentary on the post-game calls to be firmly in the driver's seat. Here are two important things to know for the week ahead. Quarterly earnings : As important as economic releases are, it's earnings that will garner the bulk of investors' attention. For those looking to review first-quarter performance ahead of these releases, keep our first-quarter earnings report card handy. Here's the full rundown of all the important domestic data in the week ahead.

Persons: Dow, we'll, we've, Lawrence Yun, Jerome Powell's, Sartorius, Sartorius preannounced, It's, management's, We'll, Tesla, Ford's, Sherwin, Williams, Archer, Clark, Lam, Edwards Lifesciences, Hewlett, Northrop, Dr Pepper, Davidson, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Economic, National Association of Realtors, Nine, GE Healthcare, Microsoft, YouTube, Linde, LIN, Honeywell, Aerospace, Technologies, Ford, Procter & Gamble, Dynex, HBT, Hope Bancorp, NXP Semiconductors, Cadence Design Systems, Whirlpool, Logitech International, Liberty Global, Verizon Communications, General Motors, General Electric, GE, Spotify, Raytheon Technologies, Daniels, Midland, Albertsons Companies, ACI, Polaris Industries, Inc, Dow Chemical, DOW, Xerox, Texas Instruments, WM, Canadian National Railway Company, Chubb Corporation, Universal Health Services, Powell, Boeing, Hilton, Union Pacific, General Dynamics, Quest Diagnostics, Otis Worldwide, Grill, Lam Research, eBay, EBAY, Mattel, Hewlett Packard, L3Harris Technologies, Gross, Royal Caribbean Cruises, Southwest Airlines, Mastercard, Myers Squibb, Northrop Grumman, Hertz, Tractor Supply Company, HCA Healthcare, Boston, Hershey, Comcast, Harley, Norfolk Southern, Intel, Mobile, United States Steel Corp, KLA Corporation, Boston Beer Company, Nation Entertainment, Texas, Procter, Gamble, Exxon Mobil, Chevron, Charter Communications, AstraZeneca, Colgate, Palmolive, Newell Brands, Sanofi, Dwight, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: U.S, Hollywood, Cleveland, Corning, Kimberly, Bristol, Norfolk

☆ Inside the Morgan Stanley team on the hunt for more partners like OpenAI that can grow into crucial tech buildouts
▼ + stars: | 2023-07-21 | by ( Bianca Chan | ) www.businessinsider.com time to read: +6 min

Morgan Stanley wants more partnerships with tech vendors focused on cloud, data, and AI. Two years before OpenAI ballooned into the artificial intelligence juggernaut it is today, Sean Manahan's team at Morgan Stanley met with what was then an up-and-coming research nonprofit. For its part, Morgan Stanley is capitalizing on its ties with OpenAI to supercharge the bank's lucrative wealth-management business. Morgan Stanley's tech strategy is about 80% buy to 20% building tech inhouse and the pipeline of tech vendors has exploded. Morgan Stanley, like every other finance firm on the Street, has also moved to the cloud.

Persons: Morgan Stanley, Sean Manahan, OpenAI, Sean Manahan's, OpenAI's ChatGPT, Manahan, he's, Morgan Stanley's, it's, fintechs, They're, VCs, Morgan Organizations: Stanford, Microsoft, Investors, Amazon Web Services, Google, Apple

☆ DoorDash quietly ends an experiment to deliver grocery orders within 15 minutes in NYC
▼ + stars: | 2023-07-06 | by ( Nancy Luna | ) www.businessinsider.com time to read: +4 min

In 2021, Gorillas, Buyk, and Gopuff opened dozens of rapid-delivery warehouses in Manhattan. Amid a collapse in the sector, DoorDash has ceased its ultrafast delivery operation in Chelsea. DoorDash's exit comes as the ultrafast grocery delivery space has collapsed over the past year after growing wildly in spring 2021. Many had spread throughout New York City, Chicago, Boston, and San Francisco. Neighborhoods in New York City also balked at the dark store operations, accusing them of ruining retail enclaves and taking away business from local bodegas.

Persons: Gopuff, DoorDash, —, York DashMart, Fuad Hannon, they're, Hannon, Robert Mollins, Gordon, Getir Organizations: Investors, Service, The Locations: Manhattan, Chelsea, New York City, Chicago, Boston, San Francisco, York

☆ Pfizer makes equity investment in Caribou Biosciences
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

July 6 (Reuters) - Pfizer (PFE.N) has invested $25 million to buy a minority stake in Caribou Biosciences (CRBU.O), making it the latest small biotechnology firm to attract the pharmaceutical giant's interest. The news lifted shares of Caribou more than 61% in early trade. Pfizer purchased nearly 4.7 million Caribou shares at $5.33 per share, Caribou said on Thursday, representing a premium of about 30% over Caribou's previous close price. This represents 7.64% of outstanding shares in Caribou, according to Reuters' calculation based on Refinitiv IBES data. It also made a $25 million equity investment in Akero Therapeutics (AKRO.O) last year.

Persons: Caribou, NASH, Jennifer Doudna, Raghav Mahobe, Leroy Leo, Maju Samuel Organizations: Pfizer, Caribou Biosciences, Biohaven Pharmaceutical, Akero Therapeutics, Thomson Locations: Caribou, California, Bengaluru

☆ The average startup CEO now makes $142,000 — down from $150,000 last year
▼ + stars: | 2023-05-22 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

CEOs of early-stage startups now make, on average, $142,000 — down from $150,000 last year, WSJ reports. CEOs in crypto, e-commerce, and direct-to-consumer industries are most impacted by the pay cuts. In the first quarter of 2023, global venture funding reached $58.6 billion — a 13% drop from the same quarter last year, according to a report from CB Insights, a research firm. CEOs on the losing end of the funding spectrum will feel the brunt of the pay cuts. The consulting firm's findings on salary cuts come as CEOs across major corporations are taking pay cuts this year.

☆ Corporate Investors Cut Bigger Checks for AI Startups
▼ + stars: | 2023-05-16 | by ( Angus Loten | ) www.wsj.com time to read: 1 min

Corporate venture-capital investors are writing bigger checks to fast-track the growth of artificial-intelligence startups, prompted by demand from businesses for ChatGPT-like generative AI tools, investors and analysts said. The median amount of capital corporate VCs contributed to funding deals for AI startups globally over the first quarter was $23.3 million, up roughly 37% from the median amount of $17 million in full-year 2022, according to market research firm CB Insights. Corporate investors contributed to about 19%...

REUTERS/Niharika Kulkarni/File PhotoBENGALURU/SINGAPORE, May 6 (Reuters) - Singapore state investor Temasek Holdings (TEM.UL) is considering investing $100 million in Indian jeweller BlueStone for a stake of about 20%, two sources with direct knowledge of the matter told Reuters. The potential deal could boost BlueStone's plans to expand aggressively in India, the second-largest jewellery consuming nation behind China, as demand surges after the pandemic. BlueStone operates in a market that is dominated by thousands of small and large local independent jewellery stores, but also branded outlets like Titan Company-owned (TITN.NS) Tanishq and CaratLane, and Kalyan Jewellers (KALN.NS). While Temasek's interest in investing in Bluestone has been previously reported, Reuters is first to report details of an investment amount, the potential valuation and other financial details of the potential deal. BlueStone CEO Gaurav Kushwaha did not immediately respond to Reuters' request for comment, while Temasek declined to comment.

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