Prime Minister Manuel Valls, who vows to slash spending and lower taxes on business, could either sink or replace French President Hollande
Fiat Chrysler's police vehicle is a muscle car with cool features and the rear-wheel drive that many cops prefer
Its purchases alarm some right-wing conspiracy theorists, but in fact its ammo buying has been declining for years
Apple's iPhone sales last quarter exceed estimates, while iPad sales disappoint
Its revenue keeps rising, and it keeps adding more customers
Apple's new campus, designed by Stephen Behling and Sir Norman Foster, is raising some eyebrows
Amazon will be the first Internet-TV provider to stream HBO shows—if not new ones—by offering them on Instant Video and its Fire TV device
Expatriate professionals prepare for change when they set off to work abroad, but the real shock awaits their return to the corporation
Startup Casper bets it can sell foam-only bedding via a Web-only, direct-to-consumer business model
Founders: Collaboration between Cargill and Materia
VC investment over the last four quarters: $48.77 million
A company spun out of a partnership between Cargill and Materia in 2007, the 40-employee Elevance develops chemicals from natural oils for use in goods as diverse as candles, personal-care products, and motor oil. The company is betting on natural plant-based oils being more efficient and renewable than petroleum-based chemicals. The firm, formed with an undisclosed investment by Cargill and Materia, works in partnerships with other companies to commercialize its innovations. Elevance estimates it will bring in $20 million in revenues for 2008.
Key to startup success: "We believe that innovation is critical to a vibrant, healthy business, and work to create it in all aspects of our organizations and offerings. However, perpetual innovation can be challenging and too expensive to do it all yourself, so collaboration is equally important. These two attributes are tightly integrated into our brand and our business model and have helped us be successful."