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(Reuters) – ZocDoc, which helps users book doctor appointments online, said on Thursday it raised $130 million in funding, valuing the U.S. digital healthcare company at $1.8 billion. The funding was led by Baillie Gifford and Atomico, with participation from existing investor Founders Fund. The proceeds would be used to develop products and expand beyond its scheduling capability, the company said. (http://bit.ly/1J6Tspr) ZocDoc, founded in 2007, is used by millions
U.S. digital health startup Grand Rounds, which connects patients with medical experts mainly for a second opinion, said it had raised $55 million in new capital. Grand Rounds’ app and website connect patients in more than 120 countries with doctors, surgeons and other specialists in over 110 U.S. institutions. The company, whose customers include Comcast Corp, Costco Wholesale Corp and Evernote, said on Thursday it would use the funds to
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Donald Trump sells himself as a bold empire builder, the kind of businessman who could force through big changes in Washington as president. Yet for all his bravado — “I’ve done an amazing job,” …
Wall Street fell sharply for the fourth straight day on Thursday after the Federal Reserve highlighted global growth concerns.
The Fed’s July minutes might have tweaked expectations for a rate hike but, as they are digested, some argue the Fed is still on track for September.
The FDIC, a U.S. bank regulator, has sued three large U.S. banks to recoup some of the more than $695 million it lost from selling shoddy residential mortgage-backed securities once owned by a Texas bank that failed in 2009. Lawsuits stemming from the FDIC’s role as receiver for Austin-based Guaranty Bank, which had bought more than $2.7 billion of the securities, were filed against Citigroup Inc , Bank of New
Americans stepped up their home-buying for a third straight month in July, as sales accelerated to the strongest pace in eight years. The National Association of Realtors said Thursday that sales of existing …
Mozzarella cheese at Panera restaurants won’t be as glaringly white. Banana peppers in Subway sandwiches won’t be the same exact shade of yellow. Trix cereal will have two fewer colors. Food makers are …
Valeant Pharmaceuticals will pay about $1 billion to buy Sprout Pharmaceuticals, the maker of the first prescription drug intended to boost sexual desire in women. The deal announced Thursday comes a day …
