Jonathan Shieber
Writer
The Latest from Jonathan Shieber
The Dow and S&P near three-year lows, Nasdaq falls as well, and treasuries are no haven
It was another brutal day on Wall Street as investors continue to come to grips with the new economic realities imposed by the COVID-19 outbreak in the U.S. Both the Dow Jones Industrial Average (DJIA
US stocks open lower, erasing recent gains and plunging shares deeper into bear territory
The rollercoaster ride of equity markets continues as all of the major stock indexes opened sharply lower one day after President Donald Trump announced the intention to push through a sweeping aid pa
SoftBank reportedly balks at commitment to buy $3B in shares from WeWork shareholders
The Wall Street Journal is reporting that SoftBank Group is using regulatory investigations as a way to back out of its commitment to buy $3 billion in shares from existing WeWork shareholders. WeWork
Fox gets deeper into streaming with $440 million acquisition of Tubi
Fox Corp., the broadcast news and entertainment company holding what remains of the Murdoch Family’s television and cable sports and media assets after the sale of 21st Century Fox to Disney, ha
Stocks gain as governments around the world pledge to prop up the global economy
In a volatile trading session that saw the White House signal intentions to release the largest stimulus package since the great recession of 2008, American stocks made up for yesterday’s losses
All the companies from Y Combinator’s W20 Demo Day, Part IV: Healthcare, Biotech, Fintech and Nonprofits
With YC's W20 Demo Day coming in at nearly 200 companies, we've decided to split our recap into multiple posts for easier reading. These are the Healthcare/Biotech, Fintech, and Non-profit companies.
All the companies from Y Combinator’s W20 Demo Day, Part III: Hardware, Robots, AI and Developer Tools
With YC's W20 Demo Day coming in at nearly 200 companies, we've decided to split our recap into multiple posts for easier reading. These are the hardware, AI/ML, and developer-focused companies
All the companies from Y Combinator’s W20 Demo Day, Part II: Consumer Companies
With YC's W20 Demo Day coming in at nearly 200 companies, we've decided to split our recap into multiple posts for easier reading. Here are this cohort's consumer-focused companies
All the companies from Y Combinator’s W20 Demo Day, Part I: B2B Companies
Y Combinator’s Demo Day was a bit different this time around. As concerns grew over the spread of COVID-19, Y Combinator shifted the event format away from the two-day gathering in San Francisco
Administration expands telemedicine for Medicare and encourages health plans to boost offerings
The U.S. government is moving to lift restrictions on telemedicine services and expand coverage to all Americans, even as many providers say they’re struggling to meet existing demand. The expan
Trump administration proposes $850 billion stimulus package to stabilize the economy
The Trump administration is heading to Congress to ask for a $850 billion stimulus package to stabilize an economy shaken by the dramatic response to the novel coronavirus, according to multiple repor
As the world waits for more economic stimulus, stocks stabilize following Monday’s market rout
Investors seem to be taking a wait-and-see approach to the markets right now, after a bumpy evening where a presidential tweet and commitment of economic support seemingly sent traders to smash buy bu
Facebook, Reddit, Google, LinkedIn, Microsoft, Twitter and YouTube issue joint statement on misinformation
In an unprecedented move to reassure customers and flag the potential for misinformation about COVID-19 on their platforms, all of the major social media companies and their parent corporations issued
Former Coinbase exec is now down with OCC (the Office of the Comptroller of the Currency)
Former Coinbase chief legal officer Brian Brooks has been tapped as the chief operating officer and first deputy comptroller of the Office of the Comptroller of the Currency, beginning April 1, 2020.
President says Senate to revise House aid bill to ‘make it fair for everybody’
In a press conference on Monday, President Donald Trump indicated that the Senate is set to revisit an aid package designed to respond to the economic and social stresses caused by the novel coronavir
YC grad SINAI helps companies understand their emissions in a bid to fight climate change
The first step to combating climate change for businesses is for them to understand their contributions to it. That’s where the new Y Combinator graduate, SINAI Technologies, comes in. Founded b
Impossible Foods confirms $500 million fundraising, has raised $1.3 billion in total
Impossible Foods, the privately held meat replacement challenger to publicly traded Beyond Meat, said it has raised roughly $500 million in its latest round of funding. The new investment brings the c
YC graduate Genecis Bioindustries turns food waste into compostable plastics
Unfortunately, the world doesn’t have a constant quantity of problems, and while governments and most private businesses are focused on tackling the ongoing COVID-19 pandemic, companies like Gen
Stock markets halted for unprecedented third time due to coronavirus scare
The morning after the Federal Reserve cut its interest rates to near zero at the urging of the president (a move meant to stabilize jittery markets worried about the economic fallout from the global r
Workers at America’s largest companies are not covered under coronavirus aid package
Workers at America’s largest companies are not covered under a bill passed by the House of Representatives on Friday that is supposed to support American workers impacted by the spread of the no