Beleaguered brewers want Germany's 500-year-old beer purity law, the Reinheitsgebot, included on UNESCO's World Heritage List
With JC Penney's same-store sales up and e-commerce growing, investors worry that the company is sacrificing unit profit for volume
The president calls income inequality "the defining challenge of our time" and links it to decreased social mobility
The Silicon Valley darling, which has deep ties to the CIA, has begun a new venture round that's expected to bring total funding to $700 million
Wild moves in this cryptocurrency have come to be expected
Amazon is eager to dispatch drones bearing small retail orders, but it's not even clear if any penalties might apply to property owners who shoot down pilotless aircraft flying over their land
It's releasing its new Turbo Fast series in batches around the holidays, when kids do their most viewing
Northwestern's Kellogg School of Management reclaims the top stop after a two-year absence
Author Laurel Delaney discusses the opportunities and risks for small businesses in a "born global" market of 2.4 billion online consumers
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."