Outside the Box: Silicon Valley and venture capitalists are blowing this big opportunity
November 18, 2017

Nonwhite, nonmale entrepreneurs have little access to Silicon Valley’s venture-capital funding.

Source: Stock Watch

Deep Dive: Fund manager looks beyond ‘FAANG’ stocks and finds even bigger winners for 2018

Renaissance Investment Management’s Michael Schroer highlights Applied Materials and Lam Research. By Phil van Doorn.

Source: Stock Watch

Top Ten: Weekend roundup: Tesla’s big splash | Retail’s opportunity | Eating turkey tails

Here are MarketWatch articles to read this weekend.

Source: Stock Watch

Volkswagen to invest $27 billion in core brand until 2022

FRANKFURT (Reuters) – Volkswagen will invest 22.8 billion euros ($26.9 billion) in its main car brand over the next five years, it said on Saturday, a day after it announced a spending programme aimed at bolstering its position as a maker of electric cars.

Source: Business

India raises import tax on edible oils to highest in a decade

MUMBAI/NEW DELHI (Reuters) – India has raised import tax on edible oil to the highest level in more than a decade, the government said in an order, as the world’s biggest importer of edible oils tries to support its farmers.

Source: Business

Exclusive: Toshiba set to OK $5 billion injection Monday to stay listed – sources

TOKYO (Reuters) – Toshiba Corp will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said.

Source: Business

Reuters poll: Major U.S. tax cuts not likely this year – economists

BENGALURU (Reuters) – U.S. Republicans are not expected to push major tax cuts through Congress this year, according to a majority of economists in a Reuters poll, who in any case were skeptical that the legislation would provide a significant boost to the economy.

Source: Business

Moody's withdraws RCom's credit rating after missed payment

MUMBAI (Reuters) – Rating agency Moody’s said on Friday it has withdrawn its credit rating on Reliance Communications, as it considers the Indian telecom operator to be in default for missing an interest payment on its bonds that was due last week.

Source: Business

Key Words: Even Adidas is watching Netflix

Global creative director says Adidas has to consider any other company with whom a potential customer might spend money — and not just rival athletic-gear makers — a rival.

Source: Twitter feed

Stitch Fix fumbles IPO despite strong underlying business

Shares of the San Francisco-based company started trading on Nasdaq Friday, and topped $18.53, well above the initial public offering price of $15. But investors reversed the stock’s early gains and sent the stock to close at $15.15. After hours, Stitch Fix briefly traded at $14.99. The day’s trading was not exactly a textbook success, IPO watchers said.

Source: Finance

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