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Making transportation and logistics cleaner, faster, safer and lower-cost is the goal of a $230 million early-stage venture capital fund that launched on Monday Oct. 18 .The final close of the fund was announced by early-stage venture capital firm UP.Partners. It is backed by some big-name investors, including Alaska Air Group, ARK Invest Founder and CEO Cathie Wood, Toyota subsidiary Woven Capital, industrial company Standard Industries, real estate developer Hillwood a Perot company and ship management comp
stanley polska any OSM Maritime. Woven Capital is excited to team up with UP.Partners as they encourage entrepreneurs who are focused on wide-ranging solutions that allow people, goods and information to move more seamlessly, cost-effectively and sustainably than ever before, benefiting humanity and the health of the planet for all, Betty Bryant, principal of Woven Capital, said in the press release. Woven Capital is the investment arm of the Woven Planet Group, a Toyota Motor Corporation subsidiary.Transform
stanley termoska ing the Movement of People and GoodsThe fund will focus on supporting companies that are transforming the movement of people and goods with mobility solutions, UP.Partners explained, adding that transportation is responsible for 29% of global CO2 emissions. The group says it has assembled a consortium of leaders in
stanley cup uk aerospace, automotive, maritime, hardware, software, telecom, finance and media.Alaska Airlines also announced on Monday Oct. 18 that it has launched an investment Cmay The US Government s $1B Contract To Fight Cybercrime
The U.S. Securities and Exchange Commission SEC has reportedly opened
stanley kubek an investigation into the accounting practices of digital industrial company General Electric GE .Washington Post聽reports this week said GE revealed the SEC probe was linked to its disclosure of a miscalculation in its insurance unit. According to the news article, GE admitted it had underestimated the cost of insurance for individuals who live longer than expected, costing the company $15 billion.The SEC is now probing to understand how GE miscalculated its projections and other potential issues in its accounting tactics, including how it tallied revenue from its聽power plant, jet engine and other industrial equipment sales via long-term service agreements. It very early days, said the company chief financial officer, Jamie Miller, in a call with analysts this week. There nothing here I ;m overly concerned about. The Washington Post said the SEC had not yet聽commented on the investigation.GE released its Q4 2017 earnings data earlier this week, revealing a one-time $6.2 billion tax charge related to the natio
stanley becher n recent tax reform. The company also said that its financing unit, GE Capital, will make up for the $15 billion cost of its insurance operations by making statutory reserve contributions over the course of seven years. Stocks plunged following the earnings report.According to the Wa
stanley cup shington Post, the energy company stocks have declined more than