The United States is home to 105 unicorn companies valued at $1B+.
As of 7/25/2017, CBInsights.com reports that six private US companies are worth over $10B. The two most valuable unicorns in the US are Uber ($68B) and Airbnb ($29.3B). Palantir Technologies and WeWork, both valued at $20B, are tied for third.
Of the top four highest valued, only WeWork (which is based in NYC) is headquartered outside California.
Submitted by Rajan Dhall from fxdaily.co.uk
The Pentagon has just confirmed deployment of US Special Forces in Lebanon to support the Lebanese Army in an upcoming coordinated military campaign aimed to clean out an ISIS border pocket in the country's northwest. Regional media outlets are describing the coming major new offensive as "imminent". But awkwardly for the US, the fight will necessitate some level of coordination with Hezbollah, which the US considers a terrorist organization.
Authored by Kevin Smith, Tavi Costa, and Nils Jensen via Crescat Capital,
Crescat Capital's Q2 letter to investors shouold be retitled "everything you wanted to know about the looming bursting of the world's biggest credit bubble... but were afraid to ask..." Don't say we didn't warn you...
A global punitive campaign on North Korea propelled by sharp new U.N. sanctions - amounting to a $1 billion ban on North Korea exports - received a welcome, and unexpected, boost on Sunday from China, the North's economic lifeline, when Beijing slammed its neighbor for its ongoing missile and nuclear tests.