Andreessen Horowitz Leads Fundraising for Satellite Startup Astranis
The business has raised $200 million in equity and debt as it plans its first-ever launch for Saturday.
Bloomberg Business
Home Prices Halt Yearlong Plunge in Canada as Sellers Hold Off
Canadian home prices rose for the first time in a year after the country’s central bank halted its interest rate hikes and sellers remained hesitant to list their properties.
Princeton’s Endowment Chief Andrew Golden to Retire After Almost 30 Years
Princeton University endowment chief Andrew Golden plans to retire next year after almost three decades at the helm.
Consumers Expect Prices in Next Year to Climb by Most Since 2021 as Gas Costs Rise
US near-term inflation expectations jumped in early April by the most in nearly two years amid higher gas prices, but consumer sentiment still rose.
Lyft Investors Call for More Safety Protections for Drivers
A group of Lyft Inc. shareholders is calling on the company to establish stronger safety protections for drivers, change its shareholder voting structure and subject directors to annual elections.
Billionaire Josh Harris Is Expanding Sports Empire in His Post-Apollo Life
It was only two years ago that private equity titan Josh Harris appeared to be stepping back from deal-making, moving on after Marc Rowan was picked to succeed Leon Black atop Apollo Global Management Inc.
Boeing Falls as Parts Issue Stifles 737 Max Deliveries
Boeing Co. is pausing deliveries of some 737 Max jets to address a production issue on the rear end of some aircraft, dealing a setback to the US manufacturer just as it ramps up production of the model that’s a major cash cow for the company.
DOJ Asks Supreme Court to Keep Abortion Pill Fully Available
The Biden administration asked the US Supreme Court to keep a widely used abortion pill fully available and pause court-ordered restrictions that are set to take effect Friday.
US Sees Door Open to China Talks, Cites Concerns Over Myanmar
The Biden administration believes there is still room to open up a dialog and collaborate with Beijing on pressing global matters despite rising tensions over issues such as Taiwan, a senior US official said.
Netherlands Sees Climate Goals Threatened by Clogged Power Grid
The biggest hurdle for the Netherlands to reach its climate goals is a overloaded power grid, putting at risk the country’s transition away from fossil fuels.
