TPG and Brookfield add billions to the climate-tech coffers

Uber pays $1.1 billion for Drizly

As its core ride-hailing business remains depressed by the pandemic, Uber is making yet another big bet that food delivery will stay as a big part of its business. On Tuesday, the company announced plans to acquire Drizly, a Boston-based maker of an alcohol delivery app, for about $1.1 billion in cash and stock. Uber […]

Pfizer BioNTech vaccine may be effective against fast-spreading COVID-19 variants, study says

The vaccine developed by Pfizer Inc. and BioNTech SE may offer some protection against a mutation in the new fast-spreading variants of the coronavirus that have emerged from the U.K. and South Africa, according to a recent study. The study, by researchers at the University of Texas Medical Branch and supported by Pfizer and BioNTech, showed […]

Rivian’s IPO shows investors are still keen on venture-like risks

Rivian is the largest U. S. IPO since Facebook. But there are key differences between the two companies that tell the state of the current market. Read More