Uforce, a London-based drone startup, is in discussions to raise new financing at a valuation of about $5 billion, according to people familiar with the matter. The company is seeking about $500 million led by Valor Equity Partners, the venture firm run...

BRIXXER has emerged and is disrupting the Commercial Real Estate (CRE) Industry. Has potential to be the biggest ever disruptor. Addressable market in U.S. is 250 and 400 times larger than Airbnb and UBER respectively. $1.00 in Brixxer’s Series A round is projected to...

Inside Blue Owl Capital Inc.’s retail private credit fund, Loparex looked like most other investments at the end of last year. Its highest-priority loans were valued at 100 cents on the dollar, while its second-lien debt was marked a bit below 90. It only took a...

President Donald Trump intensified pressure on the Federal Reserve to lower interest rates, threatening to cut off trade with certain economies with which the US has a deficit if the central bank doesn’t act. Trump issued his demands Friday in a lengthy social media...

Iron ore trader Radiant World used Glencore invoices that had already been paid, supported by fake contracts, in order to raise $31.7 million, a lender alleged in a filing to Singapore’s High Court. The disclosure — in papers filed by Singapore-based Incomlend Pte.,...

The first half of the year treated retirement savers well. The average 401(k) account balance with Fidelity Investments grew 10.5% in the second quarter from the end of March, a gain of 13.1% from a year earlier. Individual retirement account (IRA) balances jumped...