Amae Health, a San Francisco-based startup specializing in the treatment of severe mental illness, has announced the successful raising of $25 million in Series B funding. This investment, which brings the company’s total funding to over $50 million, aims to enhance the quality of care for patients grappling with conditions such as schizophrenia, bipolar disorder,…

Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, has recently expressed his unwavering support for the company’s CEO-designate, Greg Abel. Buffett’s rare public remark emphasizes his confidence in Abel’s leadership capabilities, stating, “I can’t think of a CEO, a management consultant, an academic, a member of government – you name it – that…

In recent weeks, several significant developments have emerged in the financial landscape, offering a glimpse into both corporate governance and broader economic trends. From shareholder decisions at Tesla to troubling employment figures and shifts in consumer sentiment, these events highlight the complexities of today’s economic environment. At Tesla’s latest annual shareholder meeting, over 75% of…

The past week has delivered a series of significant events that warrant closer examination. From corporate resilience following tragedy to a mixed economic outlook, these developments reflect both the challenges and adaptations that organizations face in today’s climate. Blackstone recently announced a phased return to its New York office, located in a prominent skyscraper at…

Datavant has announced the acquisition of Ontellus, a Houston-based health records retrieval and claims intelligence company. This acquisition marks the establishment of a fourth business vertical for Datavant, renowned for its robust health data platform that connects and de-identifies patient information across various organizations. Over the past decade, Datavant has cemented its role in the…

TSG Consumer Partners has officially acquired the indie fragrance label Phlur. While the specific financial details of the deal have not been disclosed, this acquisition represents a strategic move by TSG to expand its influence within the rapidly evolving fragrance market. Phlur, which was relaunched in February 2022 by The Center and notable influencer Chriselle…

Sanofi has announced its acquisition of Vicebio for $1.15 billion. This deal, unveiled on Tuesday, positions Sanofi to enhance its capabilities in developing innovative respiratory vaccines, particularly those that can address multiple pathogens with a single shot. The acquisition is expected not only to transform Sanofi’s approach towards respiratory disease but also to pave the…

Waldencast—parent company of renowned brands Milk Makeup and Obagi Medical—has announced its acquisition of Novaestiq Corp., a leading name in the medical aesthetics sector. This acquisition underscores Waldencast’s commitment to enhancing its offerings and solidifying its position in the rapidly growing field of aesthetic medicine. As part of this strategic acquisition, Waldencast has also secured…

Israeli clinical AI startup Aidoc announced the successful closure of a $150 million funding round, led by General Catalyst and Square Peg. This recent influx of capital brings the company’s total fundraising to an impressive $370 million. Joining in this investment round are esteemed health systems, including Hartford HealthCare, Mercy, Sutter Health, and WellSpan Health,…

American Eagle Outfitters has experienced a significant stock surge following the launch of its new denim campaign featuring actress Sydney Sweeney. With a striking 16% increase in stock value, the campaign titled “Sydney Sweeney Has Great (American Eagle) Jeans” is setting the stage for a renewed connection with Gen Z shoppers. At the heart of…