Y Combinator

Investments

Silicon Valley Incubator Backs Its First Defense Company

Image Credit: iStock, Austin Nooe

Y Combinator is backing Ares Industries, a defense company that builds “low-cost cruise missiles.” It previously avoided the defense market.

2 min read

Photo by Ajay Suresh via CC BY 2.0

Advisor Upside

Morgan Stanley Eyes Startups Ahead of Potential IPO Rebound

A Morgan Stanley partnership with Carta could result in more clients, and more assets, for its advisory business.

2 min read
Photo by Antoni Shkraba via Pexels

Advisor Upside

How Early Education is Helping Advisors Promote Racial Equality

Black professionals account for just 2% of Certified Financial Planners in the US, according to industry data.

2 min read
Photo by Watts via CC BY 2.0

Consumer

Stoli’s US Bankruptcy is Just the Latest Sign of Hard Times for Spirits

Stoli Group USA, the maker of the eponymous vodka, had bankruptcy protection to be thankful for during last week’s holiday.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.