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12/15/2017

Splice, a startup that sells music samples and digital audio tools, raised $35 million in its latest funding round. The company aims to roll out more services for professional and amateur musicians.

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Recode
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digital audio
12/15/2017

The Trump administration will propose eliminating the right of H-1B visa holders' spouses to work in the US. The spouses were given this right under the Obama administration.

12/15/2017

US Citizenship and Immigration Services is accepting applications under the International Entrepreneur Rule. The agency says, however, that the Department of Homeland Security still plans to seek the rule's repeal.

12/15/2017

Jnana Therapeutics, a startup that will seek to develop medical treatments by focusing on cellular proteins, has launched with $50 million that includes investments from AbbVie Ventures and Pfizer. Jnana's acting chief executive, Amir Nashat, says the roles proteins play in health and diseases haven't been fully explored.

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Pfizer
12/15/2017

Sherpa Capital co-founder Shervin Pishevar is leaving the venture capital firm and terminating all connections with it after five women accused him of sexual misconduct. He denies the claims.

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Reuters
12/15/2017

TV ads featuring familiar actors hawking alternative investments for retirement savers, including gold, have a couple of things in common: Each spot features beloved figures "gifted at speaking in a convincing manner, and they know nothing about what they are talking about," says certified financial planner Jerry Lynch. He also advises taking media warnings of a financial downturn with a large grain of salt.

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Jerry Lynch
12/15/2017

The funds for travel may not quite match the time you have available in retirement. But there are ways to stretch your travel dollars, and Nick Wharton reviews seven, including taking advantage of nonpeak seasons.

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Kiplinger
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Nick Wharton
12/15/2017

The International Energy Agency has revised its crude-output forecast for next year to indicate supply might grow faster than demand as US output increases by 870,000 barrels per day. "So, on our current outlook 2018 may not necessarily be a happy New Year for those who would like to see a tighter market," according to the IEA.

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International Energy Agency
12/15/2017

Technical analyst Clive Maund acknowledges predicting a sharp fall for bitcoin might be unwise because its progress has been wildly unpredictable, but he writes that chart indicators are gathering to suggest an imminent top and a subsequent crash. Bitcoin's ascent in recent weeks has been almost vertical, and its Relative Strength Index and moving-average convergence divergence are showing supercritically overbought conditions that precede a potentially terminal correction.

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Streetwise Reports
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Clive Maund
12/15/2017

Wall Street executives discuss what could go wrong as the bull market continues with historically low volatility and high equities. A run on quant funds, cyberthreats and the health of China's economy top the list of worries.