Stripe’s $1.1 billion deal for Bridge marks a much-needed win for VCs

Stripe logo on a smartphone with US dollar bills in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images In March 2022, venture capitalist Chris Ahn was pushing to get into a hot crypto startup that was trying to make it easy for businesses to transact using digital currencies. The company was … Read more

Lilium faces bankruptcy as air taxi firm struggles to raise cash

German company Lilium manufactures electric passenger flying drones. Lilium German aerospace startup Lilium faces bankruptcy if it does not raise emergency funds from the state government for the southeastern state of Bavaria. The bankruptcy would mark a dramatic decline for a startup once considered Europe’s best chance to build the 21st century equivalent of “cars” … Read more

Researchers say Arkansas could have 19 million tons of lithium critical for battery power

Lithium Americas President and CEO Jonathan Evans discusses increased investment at the company’s Thacker Pass mine in Nevada on ‘The Bottom Line.’ A new study led by the US Geological Survey (USGS) discovered a large amount of lithium reserves in southwest Arkansas that could help meet the growing demand for lithium in electric vehicle car … Read more

A ‘tidal wave’ of LNG supply will reshape global markets, says RBC Capital

Liquefied natural gas (LNG) storage units. Dan Kitwood | Getty Images News | Getty Images The largest flow of liquefied natural gas (LNG) supply is coming online and will transform the global market, bringing far-reaching and lasting effects, RBC Capital Markets said. “A new wave of LNG supplies – the largest yet – is set … Read more