Bay Area is home to 19 of 50 top public companies where Americans want to work, LinkedIn says
More than half of the most desirable employers in the country are headquartered in the Bay Area, according an annual ranking released this week by LinkedIn.
There are 19 public companies from the region (shown in the gallery that accompanies this story) and seven venture-backed companies (shown in a separate story and gallery) that have yet to make their Wall Street debuts.
The ranking is based on what LinkedIn, the Sunnyvale-based wing of Microsoft Corp., detects on its professional networking…
Apex man accused of defrauding 18 banks — now the feds are after him
As the feds build their case against an Apex man accused of defrauding 18 banks in a credit scheme, they’re moving forward with plans to forfeit tens of thousands of dollars of his assets.
Kraft Heinz’ $100M venture fund makes first investment
Kraft Heinz Co.’s venture fund has made its first investment.
Evolv Ventures, the $100 million venture fund that the food giant announced last October, has staked startup GrubMarket, FoodNavigator-USA.com reported.
Kraft Heinz (Nasdaq:KHC), based jointly in Pittsburgh and Chicago, did not disclose the size of Evolv’s investment in the $25 million funding round.
GrubMarket, based in San Francisco, is the developer of a software platform that connects local farmers directly with restaurants…
Pinterest said to price IPO below last private valuation
Pinterest, which was valued at $12 billion in 2017 by venture capitalists and other private investors, is part of a horde of high-profile but unprofitable tech startups that are now moving toward the public market.
Kraft Heinz’s VC arm Evolv Ventures makes its first investment
Evolv Ventures, the $100 million Chicago-based venture fund launched by Kraft Heinz, has backed its first food startup.
The venture firm announced Thursday that it invested an undisclosed amount into GrubMarket, a platform that sources food from local farmers and delivers it directly to businesses and consumers.
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Irving company to move headquarters about 3 miles
Irving-based retail auto financing company Exeter Finance Corp. will almost double its office space with a planned relocation of its corporate headquarters to a building in Las Colinas.
The company, which specializes in auto loans to customers with subprime credit scores, will sublease 111,795 square feet in the Carpenter Corporate Center at 2101 W. John Carpenter Freeway from Humana, moving from its current location in the Urban Towers complex near O'Connor Road, the Dallas Morning News reported.
The…
National coworking co. president: ‘We are actively looking’ at other submarkets in Houston
Life Time Work, the creative office division of Minnesota-based Life Time Inc., is opening its first two Houston coworking spaces in CityCentre and downtown this year, and it's still looking for more locations.
VanTrust Real Estate warehouse OK’d for construction
VanTrust Real Estate is ready to move ahead on a large warehouse for children's toy manufacturer Cra-Z-Art.
Evans General Contractors has picked up a permit to construct the 300,000-square-foot building at 10501 Cold Storage Road in Imeson Park.
VanTrust Executive Vice President John Carey said Friday that, once completed, the building will be purchased by The Silverman Group, which has leased it to New Jersey-based Cra-Z-Art.
He expects the building will be completed late this summer.
Construction…
Pier Sixty-Six Hotel to close for renovations, lay off 213
The hotel owner is seeking final approval for its redevelopment plan.
Dallas-Fort Worth’s industrial market is hot and getting hotter
The first quarter of 2019 marked the 34th consecutive quarter of positive absorption for the local industrial market, according new data from commercial real estate firm CBRE.