VENTURE CAPITAL POST

NHI is ready to have an investment of $74 Million In Connecticut CCRC.

Facing a lot of depressions due to vast change in its country's economy, Nova Lifestyle Inc. appoints new Interim CEO, Thanh Lam.

Turing Pharmaceuticals said that it won't cut the list price of the drug. However, it will negotiate discount price with hospital. Last September, Turing Pharmaceuticals raised the price of live-saving drugs, Daraprim by more than fifty times.

For the first time in history, the FDA has approved the medical use of a virus to treat people with cancer - specifically those suffering from skin cancer, or melanoma. The announcement was made through a news release by the U.S. Food and Drug Administration on October 27, stating that Melanoma is the most widespread form of cancer in the country and will be responsible for the deaths of 10,000 people by the end of 2015.

Revlon, Inc. has recently exceeded their goal of raising $1 million on crowdfunds for women's charity organizations, mainly owing to the support of mega stars such as Halle Berry, Emma Stone, Olivia Wilde, among others.

Kickstarter, the popular online crowdfunding platform, has just banned a project for its failure to provide evidence of a working prototype. The project was for a laser-powered razor called Skarp which has raised over $4 million in crowdfunding since it was first announced.

Amazon.com, Inc. plans to drop a new tablet worth $50 as it has struggled drawing customers to its pricier devices. The said tablet is said to be rolled out this holiday.

Valeant Pharmaceuticals, Inc. of Canada has partnered with AstraZeneca for the selling rights of psoriasis drug brodalumab. Amgen Inc. ended its partnership with AstraZeneca due to its worries over the drug's side effects.

First NBC Bank Holding Company and State Investors Bancorp, Inc. announced on August 27 that they will extend their merger agreement to December 31 this year.

An Oakland lawyer claims that companies in the Bay Area will soon be facing overtime-related lawsuits. These lawsuits will hit firms in the sharing economy, like Lyft and Uber.

Cisco Systems, Inc. (CSCO), Alibaba Group Holding Ltd (BABA), Macy's Inc. (M) and News Corporation (NWS) will announce the companies' quarterly financial results on Wednesday.

Apple, Inc. took a 92 percent share of the profits of the entire smartphone industry in the first quarter of 2015. This is despite the fact that Apple's iPhones only accounted for less than 20 percent of all phones sold within that period.

Santander Bank, N.A. has agreed to change the way it screens applicants for checking and savings accounts, becoming the third bank to reach such a pact with New York Attorney General Eric Schneiderman.

Supermarket chains Albertsons and Safeway (SWY.N) agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday.

SoftBank Corp announced Wednesday it will lead a $100 million investment round in Indonesian ecommerce giant PT Tokopedia, the Japanese mobile carrier's third investment overseas under Vice Chairman Nikesh Arora.