Hayneedle, an online retailer backed by venture capital firms Insight Venture Partners and Sequoia Capital, ranked number 2 in LightningBuy's study of top 100 online retailers.
Finance/Venture
LA files case against Bank of America for discrimination
Los Angeles has filed a case against Bank of America for discriminatory mortgage lending among the minority communities in the city, Reuters reported citing a court filing.
IPOs in MENA set for a revival with improvement of capital market conditions- report
A revival in public listings is set to take place in the Middle East and North Africa or MENA with the improvement in capital markets conditions, a report in Gulf Business said.
IFC mulls over second rupee bond sale
The International Finance Corporation is looking to sell rupee-denominated bonds for the second time. The World Bank investment arm raised INR1,000 crore in its first rupee-bond issue.
WTO agrees on first trade reform deal
The World Trade Organization finally agreed on its first global trade deal on Saturday, December 7. The agreement could add nearly USD 1 trillion to the worldwide economy.
Latest News
An article by the International Business Times provided an insight on the growing trend of conscious investing among private equity firms, which based their investment decisions on environmental, social and corporate governance (or ESG) factors.
According to an article by published on Forbes, even senior private equity leaders confirm the need of women in leader roles in order to gain advantage in dealmaking.
After the government announced a ban on the use of Bitcoin for financial institutions, China's biggest search engine Baidu Inc announced that it would no longer be accepting the digital currency as payment.
California dealership Lamborghini Newport Beach marketing director Cedric Davy clarified that its sale of a Tesla Motors Inc. Model S electric car via Bitcoin did not mean the company is in the business of speculation.
Sallie Mae Corp, the largest student loan firm in the US, filed documents with the US Securities and Exchange Commission that will allow it to split into two companies. The deal is expected to be completed by the end of the second quarter of 2014.
A study featured on Forbes revealed that the US still leads around the world in providing entrepreneurs with access to venture capital funding.
US District Judge Mariana Pfaelzer gave final approval to the USD 500 million class action settlement between Bank of America's Countrywide unit and its investors.
A report said the dearth of women in the leadership ranks of the private equity industry can be solved in the natural evolution of the private equity business model.
Former Goldman Sachs Group Inc trader Matthew Taylor was given a prison term of nine months for concealing an unauthorized USD 8.3 billion trading position in 2007.
