A special holiday in the Beijing region kept 11.7 million vehicles off the road and closed 10,000 factories while the Asia-Pacific Economic Cooperation summit was in session
Midway through Manchester United's second consecutive terrible season, revenue at the storied soccer club is sliding and share prices are sinking.
Crimea, the former Ukrainian peninsula annexed by Russia, is now witnessing a wave of nationalizations
Tesla is making more cars, but fewer of them are ending up registered to U.S. drivers
The provider of high-interest business loans nears an IPO, on the strength of its data-powered credit analysis—and a network of shady brokers
Would the debate make more sense if net neutrality had a different moniker?
The Newark (N.J.) airport will accept United frequent-flyer miles as payment, a further evolution in making miles a real currency
Lucky fans got to spend two hours cooking Thanksgiving dinner with the Jets quarterback
Twenty years after Dumb and Dumber came out, thousands of entrepreneurs make a living driving tricked-out pet-care vans
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."