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Accel is participating in the round, the sources said, adding it would more than triple the valuation it achieved with its previous round in July.

Reclassification to a Schedule III drug and possible Medicare coverage for pot could unlock new investment from pharmaceutical companies.

Backers say the SPEED Act is crucial to helping the U.S. beat out China and other global competitors for leadership in AI.

Luxury experts say aspirational luxury consumers are facing new pressures from inflation and a slowing job market, meaning fewer Birkin buyers at auction.

Meta said Tuesday that it will begin testing its Instagram for TV app in the U.S. via Amazon's Fire TV streaming devices.

Pfizer has pursued deals of all sizes to build new revenue streams, but the outlook underscores that those investments are still some distance from paying off.

Hundreds of thousands of student loan borrowers remain stuck in a backlog of requests for an affordable payment plan or debt forgiveness, a court filing shows.

Brian Glaser became a first-time manager 20 years ago and now leads teams in charge of training some 150,000 Google employees worldwide.

Companies such as Databricks, SpaceX and OpenAI have reached mega valuations while staying private for longer.

Fed chief candidate Hassett says central bank's independence is 'really important,' would move rates by consensus