Facebook Billionaire Eduardo Saverin’s B Capital Abandons SPAC Plans Amid Market Volatility

B Capital—an investment firm led by Facebook cofounder Eduardo Saverin and former Bain Capital executive Raj Ganguly—won’t pursue an earlier plan to launch a special purpose acquisition company (SPAC), joining…

SBA Continues Efforts To Expand Access To Capital For Women And Underserved Entrepreneurs

SBA Administrator Isabella Casillas Guzman this week announced impactful reforms to the agency’s Community Advantage (CA) loan program, a key SBA tool for Community Development Financial Institutions (CDFIs), Community Development…

Kyiv’s mayor, police department post images of explosions in the Podilskyi district of Ukraine’s capital

A deputy commander of Russia’s Black Sea Fleet, Captain of the First Rank Andrei Paliy, was killed during fighting in the region of the southern Ukrainian city of Mariupol, two…

Inside the Targeted Capital – Tug of War

Inside the Targeted Capital – Tug of War – Podcast on CNN Audio 11 PM ET: VP Harris in Poland, Surfside Settlement, ‘Don’t Say Gay’ Bill & more 5 Things…

In Canada, ‘Freedom Convoy’ Protesting Vaccine Mandates Nears Capital

OTTAWA — After six days spent crossing Canada, a convoy that began as a protest against mandatory vaccination for truckers who travel to the United States was expected to arrive…

Capital One adds new travel benefits to 3 of its credit cards

CNN Underscored reviews financial products such as credit cards and bank accounts based on their overall value, but does not review all financial companies or all available financial offers. We…

Indonesia names new capital Nusantara, approving shift from Jakarta

(CNN) — Indonesia has named its new capital Nusantara, as lawmakers approve the shift from Jakarta to Kalimantan — a jungle-covered area on the east of Borneo island. The new…

4 Reasons The Venture Capital Boom Is Damaging Entrepreneurs’ Mental Health

The current venture capital bull market is creating extra pressures on entrepreneurs getty Unprecedented levels of investment capital. Record-breaking valuations. Huge personal fortunes. The tech gold rush that reached new…