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WSJ.com: What's News US Fri, 17 Aug 2018 11:06:10 EDT
WSJ.com: What's News Technology Fri, 17 Aug 2018 00:30:46 EDT
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  • Venture Capital Prowls into the Life-Insurance Business  - Getty ImagesGetty ImagesGetty ImagesGetty ImagesGetty ImagesGetty ImagesGetty ImagesGetty ImagesGetty ImagesGetty ImagesGetty ImagesGetty ImagesGetty ImagesGetty ImagesVenture Capital Prowls into the Life-Insurance Business

    Ladder Financial, a San Francisco-based startup that offers term-life-insurance policies for California residents, said it raised $14 million in a new fundraising round led by Canaan Partners.

    An early investor in online lending is turning its sights to life insuranceCanaan Partners Leads New Funding Round For Ladder Financial2016-10-19 10:57Canaan Partners Was One Of First Outside Investors In LendingClub 2016-10-19 10:57Online-Lending Investor Turns to Life Insurance -- Update

    Venture Capital Prowls into the Life-Insurance Business

    Ladder Financial said it raised $14 million in a new fundraising round led by Canaan Partners, one of LendingClub’s first outside investors.

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WSJ.com: US Business Fri, 17 Aug 2018 11:06:12 EDT
  • Trump Directs SEC to Study Six-Month Earnings Reporting  - President Trump said he asked the Securities and Exchange Commission to consider scaling back how often public companies report results to investors, citing business leaders who say it could promote growth.
  • Tesla Was Under Regulator Scrutiny Prior to Musk's Tweet  - The SEC began investigating last year whether Tesla misled investors about its Model 3 car production problems and subpoenaed a parts supplier.
  • Google Defends Push Into China Amid Censorship Concerns  - Google Chief Executive Officer Sundar Pichai defended to employees the internet giant’s controversial push to do more business in China but said the company is “not close to launching a search product” in the country.
  • Nordstrom Deserves Better  - Nordstrom has been bucking the doom-and-gloom in the retail sector for some time. Success in both luxury and discount speaks to Nordstrom’s strength, which investors aren’t giving it enough credit for.
  • Get in Line: Backlog for Big Rigs Stretches to 2019  - With freight demand red-hot, truck manufacturers expect to break records for orders this year, and deliveries will reach deep into next year.
  • Youth Summer Jobless Rate at 50-Year Low  - The unemployment rate among young Americans fell to its lowest level in more than 50 years this summer, though the share of young people looking for work remained well below its peak in 1989.
  • Trade Fears Throw Future of U.S. Natural Gas Into Question  - As trade disputes continue, the promising U.S.-China energy relationship is compromised.
  • U.S., China to Resume Trade Talks as Tariffs Bite  - Washington and Beijing reached a modest breakthrough in their standoff over trade, saying they would hold lower-level talks later this month on the spiraling dispute.
  • U.S. Housing Starts Bounced Back in July  - U.S. home construction rebounded last month after a big drop in June, but was weaker than Wall Street had expected, with many analysts taking a bleak view of the housing market.
  • Turkey's Economic Red Flags Stand Out Among Emerging Markets  - Few other countries are troubled by as broad a constellation of economic problems as Turkey. And that may reduce the risk of contagion.
  • Are We in the Last Days of Diesel?  - The 2018 Range Rover HSE Td6 may already be doomed. As diesel sales free-fall and European cities ban diesel vehicles, Dan Neil wonders what’s next for the world’s polluting dinosaurs.
  • Foxconn Pursues Chip Ambitions With Plans for China Plant  - Foxconn is making a new push into semiconductors, teaming up with a local government in China’s Pearl River Delta to build a chip fabrication plant.
  • Deere Considers Cost Cuts, Higher Prices  - Deere reported strong demand in its construction and farming markets in the latest quarter but said it would cut costs and raise prices due to higher raw material and logistics expenses.
  • Another Step in the Push to Weaponize Global Finance  - U.S. tariffs intensify pressure on the Turkish lira, raising the prospect of an open-ended cycle of protectionism and devaluation, Greg Ip writes.
  • Trump Says He Is in 'No Rush' to Renegotiate Nafta  - President Trump said that negotiations have stalled over his attempt to rewrite the North American Free Trade Agreement and that he is no longer in a hurry to overhaul the pact.
  • Retail Sales and Manufacturing Are Powering U.S. Growth This Summer  - A jump in retail sales and rising manufacturing output suggest the U.S. economy’s strong growth in the second quarter continued into the third.
  • Maersk to Spin Off Drilling Unit as Break Up Moves Forward  - Maersk said it will seek a separate listing of its drilling unit next year, aiming to generate cash proceeds of around $1.2 billion by floating the entire unit.
  • Google Outgrows Its Youthful Ideals  - In middle age, the search giant’s motto has gone from ‘Don’t be evil’ to something more like ‘Get real.’
  • Nvidia's Crypto Business Dries Up, Worrying Investors  - Nvidia reported robust sales and profits during its second quarter, but warned that revenue from products geared toward cryptocurrency mining would be sharply weaker than expected.
  • DoorDash More Than Doubles Valuation to $4 Billion  - DoorDash said it raised $250 million in a round of funding that values the prepared food-delivery startup at $4 billion, more than doubling its valuation for the second time in five months.
WSJ.com: Markets Fri, 17 Aug 2018 08:25:43 EDT
  • Nvidia Clears Its Crypto Cloud  - A volatile crypto market has been a distraction for the chip maker—and its investors.
WSJ.com: Opinion Fri, 17 Aug 2018 00:30:02 EDT
  • Big Labor's Obama Holdover  - Trump is being lobbied to reappoint a union obstructionist at the labor relations board.
  • Double Religious Jeopardy  - Colorado targets the Christian baker who won at the Supreme Court.
  • We're Gonna Need A Bigger Truck  - Congress should allow longer trailers on the highways.
  • Buyback Derangement Syndrome  - What sufferers accuse Apple of is a contradiction in terms—self-liquidating to a value of $1 trillion.
  • The Catholic Bishops Who Failed Us All  - A new grand-jury report on sex abuse shows the episcopate behaving like Judas.
  • Why Should We Fear Russian Political Ads?  - By any measure, they are a drop in the ocean. And they’re hard to distinguish from domestic sentiments.
  • How HUD Can Help the Housing Market  - Washington doesn’t control local zoning, but it can exercise influence.
  • Congress, Fix This Tax-Reform Glitch  - A drafting error excludes business renovations from the full benefits of tax reform.
  • Oregon Overshoots on Opioids  - A ban on Medicaid coverage would be cruel to patients.
  • What Was Bruce Ohr Doing?  - Justice releases some damning documents, but much of the truth is still classified.
  • Alex Jones, Meet Peter Strzok  - Who needs Infowars when all of us can now create our own personal fever swamp?
  • How to Solve a Problem Like Elon?  - Musk may not be an asset to the abbey, but the SEC knows he makes us laugh.
  • Andrew Cuomo and American Exceptionalism  - The country that never stopped being great.
 
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