Bondholder Kenneth Dart, after staying quiet, says he wants full payment—just like Paul Singer
Does SodaStream's turn toward branding itself as a sparkling water vendor—and its dismal financial performance—suggest that it's seeking a different future?
A federal judge in New York refuses to exterminate an asbestos union's inflatable rat, saying "Scabby the Rat" is covered by the First Amendment
In October, more than two customers joined T-Mobile from a competitor for every customer that left it
Dominique Strauss-Kahn acquired a 20 percent stake in a Luxembourg finance firm last year, but quit his chairmanship on Oct. 20. His ex-partner Thierry Leyne died on Oct. 23
Ministry of Supply’s Aviator jacket combines the structure of a tailored garment with the functionality of a windbreaker
Marvel isn't keeping quiet about its movie plans now that DC has publicized its long slate of superhero vehicles
U.S. consumers are more likely to believe marketing materials that include charts and other scientific-looking things
This year's must-have Silicon Valley office accessory: a $199 bear costume
Founders: Jason Pyle, Mike Mendez, Yan Poon, Bryan O'Neil, Kristina Burow, Stephen Mayfield, Steve Briggs, Nathaniel David
VC investment over the last four quarters: $85.4 million
Launched in 2007, Sapphire Energy is a biofuel company developing a way to make renewable fuel equivalent to crude oil using microorganisms like algae. The 80-person company has raised more than $100 million in venture capital on the promise of "green crude production" that could be a renewable source of gasoline and jet fuel. Despite the plunge in crude prices since July, "once the current financial crisis ends, expanding economies will outpace available energy supplies again and the tight margin between production and demand will cause another price runup," a company spokesperson says in an e-mail. "Nations [that] plan for the long term are doubling their efforts to secure energy sources during these times, not pulling back."
Key to startup success: "Understand that your product must fulfill a critical need. ... Commit to the long term and build your team from the ground up, using all the talent they can apply."