Three Seattle-area homeless shelters have been closed because of coronavirus infections, and the residents inside have been “quarantined” inside the facilities for 14 days. The report, from Seattle-area CBS affiliate KIRO-7, adds that two shelters in Tacoma have also seen cases of coronavirus: Three homeless shelters operated by Union Gospel Mission closed Saturday because of…
Three U.S. sailors aboard the aircraft carrier USS Theodore Roosevelt returned a positive diagnosis for Chinese coronavirus Tuesday, the first cases reported on a deployed U.S. Navy ship. Evacuation of the three has been completed and all those they had come into contact with on the vessel, which has more than 5,000 personnel on board, have been…
With the globalized world going into partial or complete lock down over the Covid-19 pandemic, startups in the travel sector are facing a huge stress test and immediate disruption to business as usual as public health concern spirals and entire populations are encouraged or even forced not to travel. The traditional travel hub of Europe…
Life sciences is big business in venture capital land and firms are raising big dollars to find the companies that will lead the next healthcare revolution. Chief among them is Andreessen Horowitz, which announced its third life sciences fund with a $750 million final close earlier today. Andreessen went back to market less than than…
What’s the most successful pure SaaS company of all time? The answer is Salesforce, and it’s no contest — the company closed the year on an $18 billion run rate, placing it in a category no other company born in the cloud can touch. That Salesforce is on such an impressive run rate might suggest…
Silicon is apparently the new gold these days, or so VCs hope. What was once a no-go zone for venture investors, who feared the long development lead times and high technical risk required for new entrants in the semiconductor field, has now turned into one of the hottest investment areas for enterprise and data VCs.…
Investors on the prowl for a dividend-paying income stock in a company with a respected brand, solid management and strong fundamentals needn’t look any further than what Halloween has to offer. These three candy stocks might make a welcomed addition to your stock portfolio just in time for the holiday: The Hershey Company, Tootsie Roll Industries,…
