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Finance/Venture

Credit Suisse Group AG Chief Executive Officer Tidjane Thiam Interview And Full Year Results News Conference

Credit Suisse CEO Suggested Bonus Reduction After Billion Dollar Loss

As Credit Suisse booked its first full-year loss since 2008 on Thursday, CEO Tidjane Thiam asked his bonus to be reduced. The financial group reported a worse than expected net loss in 2015.

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No Man's Land: The Women of Mexico

Mexico gets $400-mln loan from WB for rural development

Mexico is receiving $400-loan from World Bank for rural development and will formally sign an agreement. Mexican government will utilize the funds for extending financial lending to farmers and fishermen in rural areas. The small and medium enterprises (SMEs) will also get financial support from the Mexico's national agricultural financing agency FND.

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ING Groep NV Full-Year Earnings News Conference

ING's Q4 earnings beat forecast

The Dutch banking major ING Groep's revenues for the fourth quarter were above the analysts' forecasts. ING's exposure to the oil companies is putting pressure on its stock, which suffered 20 percent drop. However, ING is also receiving indirect benefits from lower oil prices.

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Dawn Barbosa showes off her WAL-MART/Sam's Club reloadable s

Wal-Mart Will Soon Operate Its Own Gas Station Without Murphy

Wal-Mart Will Soon Operate Its Own Gas Station in order to gain more profits. The company will leave Murphy USA Inc., which has become its gas stations operators for 20 years. However, Murphy will still continue its existing gas stations.

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Local Landmarks

Charlottesville Is The Fastest Growing Venture Capital City in the U.S.

According to PwC and NVCA report, Charlottesville has been the fastest growing startup since 2010. Between 2010-2015, venture-backed startups increased 55% annually in the place where Thomas Jefferson's house is located.

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US-BUSINESS-SPRINT

Standard & Poor's Demoted Sprint's Credit Rating on Tuesday

S&P rating service on Tuesday downgraded Sprint credit to B, citing a challenging environment for the wireless industry. Morningstar and Moody have also demoted Spring credit rating.

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Top part of cell phone communication tower with multiple...

Federated Wireless Raised 22 Million in Series A for Its Spectrum Access System

Woodford Investment Management and Allied Minds lead the funding to raise a $22 million for Federated Wireless on Monday. The company will develop a high-quality wireless capacity for Wi-Fi and wireless networks.

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Traders Work On The Floor NYSE As Stock Rout Deepens

Dow Jones was Down 300 Points on Tuesday as Exxon and Energy Shares Plunge

Stocks dipped to session lows on Tuesday. Shares of oil companies plunged as crude oil continued to slide. Three of major indexes also fell.

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Coca-Cola Post Strong Earnings

Palestinian Businessman to Open Coca-Cola Factory in Gaza Within Weeks

Palestinian-American entrepreneur Zahi Khouri teamed up with Palestinian investors to build a Coca-Cola manufacturing plant in the Gaza Strip. This new factory would provide direct jobs for 250 people and indirectly support 1,000 local families. This move is one of the first and most significant economic development in Gaza after the end of the war in 2014.

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Venture Capitalism

Martin Prosperity Institute Published Global Venture Capital Statistics

Venture capital and private equity that sprung from California Bay Area in 1960's has been a global phenomenon. A Canadian reseach institute publish a report about venture capital investment in tech startups around the world.

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Symbol photo Dollar, Euro and Rubel.

Some Venture Capital Tips for Investors and Startups

With a growing number of venture capital firms providing fund and startup companies looking for funding, there are many opportunities for each other to matchup. Here are some tips for venture capitalism from the experts.

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Kraken Bitcoin Exchange Chief Executive Officer Jesse Powell

Japanese SBI Investment Lead Multi-Million Dollars Funding for Kraken

Kraken bitcoin exchange received a multi-million dollar Series B funding led by SBI Investment. As the funding was announced yesterday, the exact amount is still undisclosed.

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Silhouettes

Lexumo Received a $4.89 Million Seed Funding From Three Investors

Accomplice and two other investors provide seed funding to Lexumo. The company provides a unique platform to continuously check the security of every open source code available in the world.

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Big Bird (L) and other Sesame Street pup

Sesame Street Establishes a Venture Capital Fund

Yes, that is true. Sesame Street is now working with Collaborative Fund and investing $10 million in the new venture fund. The fund will focus on companies working on childhood development.

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Credit Suisse Group Chief Executive Officer Brady Dougan Speaks At The Annual General Meeting

Credit Suisse, Barclays to pay $154.3mn to settle 'Dark Pool' probe

Credit Suisse Group AG and Barclays Plc will pay combined $154.3 million to settle regulatory investigations into their 'dark pools.' The New York Attorney General said that the fight against the fraud and rigging in the trading mechanism would continue further. The US Securities and Exchange Commission (SEC) observed that Barclays and credit Suisse have misled their investors by providing inaccurate information.

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