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Inside the rise of $2 billion Babylon Health amid SPAC rumors - Vimarsana News

Inside the rise of $2 billion Babylon Health amid SPAC rumors

Babylon; Samantha Lee/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. $2 billion health firm Babylon is considering a listing, likely via a SPAC deal, sources say. Babylon is best known for an easy-to-use app that provides virtual appointments with doctors. Insider spoke with Babylon's CEO, investors, analysts, and critics to chart the firm's journey. At the beginning of this year, Babylon Health CEO Ali Parsa told his 2,000-strong staff in an all-hands that the firm's part...

Top finance stories week of March 1: Goldman exits, WFH strain, hedge fund performance - Vimarsana News

Top finance stories week of March 1: Goldman exits, WFH strain, hedge fund performance

Samantha Lee/Business Insider Bank of America has promoted Laura Chepucavage to help lead the firm's sales and trading division under new head Jim DeMare. DeMare, who was promoted to president of the firm's global markets division last July, added Chepucavage to his leadership team as head of global financing and futures, according to an internal memo seen by Insider.  MUFG has filled another senior role in its junk-bond finance roster as it continues its quest to win more of the US market. The bank has hired Ryan Munro as its head of leveraged finance syn...

Trevor Milton — inside the Nikola founder's tumultuous past - Vimarsana News

Trevor Milton — inside the Nikola founder's tumultuous past

Nikola; Massimo Pinca/Reuters; Samantha Lee/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Trevor Milton left Nikola after he was accused of lying and exaggerating about its products. Legal filings and interviews with 38 people suggest Milton has a history of bending the truth. His friends defend him, saying he's misunderstood. Milton declined to comment on this story. Trevor Milton was minutes from showing the world the fulfillment of his childhood dream. It hadn't been a...

February jobs report: US adds 379,000 payrolls, unemployment rate 6.2% - Vimarsana News

February jobs report: US adds 379,000 payrolls, unemployment rate 6.2%

Friday's blowout jobs report showed the US added nearly double the payrolls expected by economists for the period.

How SoftBank web of companies work together and what could go wrong - Vimarsana News

How SoftBank web of companies work together and what could go wrong

Itsuo Inouye/AP; Skye Gould/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. SoftBank has invested in more than 100 tech companies, creating a vast network of businesses. The Japanese investor wants the companies to work together, which makes them stronger as they grow – but could put them in danger if their peers fail. A review by Insider offers the first comprehensive accounting of vendor and partner relationships among the group of SoftBank portfolio companies. In...