Bloomberg

bloombergquint | December 18, 2018

After a November to remember, America’s natural gas producers are settling back into more-familiar feelings of wistfulness at what might have been. Benchmark gas prices are down 21 percent so far this month as winter has taken less of a bite out of our collective hide than anticipated (so far anyway).Leaving aside the vagaries of the weather, there is some cheery news. With production at a record and benchmark Henry Hub prices up versus last year, producers’ implied revenue looks set...

bloombergquint | March 13, 2019

If payments were the chosen flavour of the fintech universe a few years ago, then digital lending, particularly to small business, is the newest opportunity attracting young entrepreneurs. As the number of digital lending platforms rise and the availability of data around small businesses improves, digital lending to the country’s micro small and medium enterprises could surge, said a report co-authored by consulting firm BCG and philanthropic investor Omidyar Network. The gap in availabil...

bloombergquint | April 14, 2019

U.K. retail billionaire Mike Ashley is lashing out after losing a fight with U.S. hedge funds over department store chain Debenhams Plc. The retail magnate, who made British headlines for power drinking and substandard working conditions at his sporting goods chain, has been blasting Debenhams management and making legal threats since lenders took control on April 9, wiping out his roughly 30 per Ashley played this badly wrong,” said Stephen Lienert, a credit analyst at Jefferies in London...

bloomberg | July 31, 2018

Payroll and benefits startup Gusto is raising $140 million from investors in a round that nearly doubles its previous funding total. The new investment values the company at about $2 billion, twice its valuation from three years ago. The funding round was led by T. Rowe Price Associates Inc., Y Combinator Continuity Fund and General Catalyst. The company, founded in 2011, offers payroll and benefit services to small- and medium-sized businesses in the U.S. The last time it raised money was in 20...