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 illustration by Connor Lin / The Daily Upside, Photos by Shealah Craighead and Justin Pacheco via Public Domain, Retouchman via iStock

Power Corridor

The Bounds of Trump’s Friendship with Elon Musk

Donald Trump has forged an alliance with Elon Musk, but history shows the two have trouble working together. And then there’s China…

5 min read
Photo via Charles Schwab

Advisor Upside

Schwab’s Incoming CEO Wurster on ‘Big Shoes’ and Positive Vibes

Rick Wurster has been with Schwab since 2016 and is set to take the helm of the almost $10 trillion discount brokerage in January.

3 min read
Photo via Connor Lin / The Daily Upside

Advisor Upside

CI Financial to be Taken Private in Deal with Mubadala Capital

The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.

1 min read

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