Investors
San Francisco stealth startup Pushd bags $1.04M for new app
San Francisco, US-based secretive startup Pushd raised $1.04 million in a recent funding round from unidentified investors, according to a document filed with the US Securities and Exchange Commission.
Steep discounts raise doubts on profitability of retailers
While shoppers in the UK and the US spent more for the holidays this year, the profit margin for retailers remains in doubt due to steep discounts, the Financial Times reported.
US firm Mederi Therapeutics bags $18.5M in Series B for GERD and bowel incontinence treatment
Connecticut, US-based pharmaceutical firm Mederi Therapeutics raised $18.5 million in a Series B funding round for the sales and marketing of its treatment for Gastrointestinal Reflux Disease (GERD) and fecal incontinence.
Insurers need to be watched - FT
The problems of Britian-based insurer RSA is a reminder that politicians, regulators and the general public should also put the spotlight on insurance companies and not just banks.