Y Combinator’s Latest Batch Is 35% AI Startups
The latest group of Y Combinator companies will be in the Bay Area in person.
Bloomberg Business
New York City’s Elizabeth Street Garden Slated to Become Affordable Housing
Elizabeth Street Garden, a community garden site that has been used as an outdoor recreation and education space in downtown Manhattan since the early 1800s, could soon be replaced by an affordable housing complex.
Ex-McKinsey Partner Who Traded on Goldman Deal Seeks Release From Prison
(Bloomberg) — A former McKinsey & Co. partner who pleaded guilty to insider trading on a Goldman Sachs Group Inc. acquisition said conflicts of interest and mistakes by his defense lawyers merit his release from prison.
Heat Wave Turns Deadly in Northern Mexico in Pandemic Deja Vu
A record-setting heat wave in northern Mexico is being blamed for a surge in deaths.
India Is Starting to Reach the Limits of Its Russian Oil Splurge
From an island fort outside the heart of historic Mumbai, visitors can spot giant oil tankers unloading their cargoes to two refineries on the city’s southeastern coast.
Chile Taps Global ESG Debt Market With $2.25 Billion Deal
Chile is tapping dollar debt markets for the first time this year as it seeks to swap out old bonds for new sustainability-linked securities.
AI Frenzy Draws Hordes to Private Markets in Industry Gold Rush
The buzz around artificial intelligence has investors snapping up shares of startups on alternative venues, looking to find the next wave of technology giants before they even go public.
Jefferies Investment-Banking Revenue Plunges as Global Dealmaking Takes Hit
Jefferies Financial Group Inc.’s fiscal second-quarter revenue from investment banking plunged 26% amid a global slump in dealmaking, pulling down profit for the period and sparking an initial share selloff as much as 5%.
Stock Traders Revive AI Bid After Economic Signals: Markets Wrap
The stock market welcomed the latest data underscoring economic resilience even if that means the potential for still tight Federal Reserve policy.
Ivanka Trump Freed From New York’s $250 Million Fraud Suit Against Family
New York state’s $250 million fraud lawsuit against Donald Trump, his company and three of his children is still on track for a civil trial in October but now has one less defendant: Ivanka Trump.
