Amy Yan News Today

It's Y Combinator Demo Day for companies in the incubator's Summer 2023 cohort. Here's a few of the more intriguing AI firms of the bunch.

It's that time of year again: the week when startups in Y Combinator's latest batch present their products for media -- and investor -- scrutiny. Cerelyze is Zambare's second YC go-around after leading the AI team at cashier-less retail startup Caper.

The state’s license program could give low-income Missourians a chance to open a cannabis business, but winners will have to find funding.

A type of derivative trade that became popular with companies over the past year to save on interest costs is seeing demand slow, with risk increasing that the bets could backfire as the Federal Reserve nears the end of its policy tightening cycle. The so-called pre-issuance hedges are derivative trades in bond markets that seek to make money from a bet that interest rates will rise, allowing the company to then apply the profit to offset the cost of debt issuance in the future. In essence, th...

* Demand slows for debt-cost saving hedges as economic uncertainty mounts * Bankers say the risk of losses are high on such trades if done now * Lowes, Merck among those for whom re...