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PHOTOS: Inside American Apparel's L.A. hub before the bankruptcy

Eight months before American Apparel filed for Chapter 11 bankruptcy protection, Bloomberg photographer Patrick T. Fallon got an inside look at the company's downtown Los Angeles factory. Read more »

Technology - Future World

Don't fear the robots! Study shows human jobs actually grow alongside mechanical workers

by Michael del Castillo Robot workers

NEW YORK — A white paper published today, based partially on government data, concludes that the more robots there are in the workforce, the more jobs are created.

The study by the Association for Advancing Automation, titled "Robots Fuel the Next Wave of U.S. Productivity and Job Growth," is based on Bureau of Labor Statistics data and other sources, and its authors say it provides evidence  ...

5 hours ago

This week's Pure Storage, CytomX offerings watched for clues on IPO market

by Cromwell Schubarth Scott Dietzen Pure Storage

IPOs from Pure Storage and CytomX Therapeutics are being watched closely this week in a market that has become quite volatile.

The offerings are the first of the fourth quarter from Bay Area companies, coming a week after less than half of the companies on the IPO calendar made it to market, all pricing below their targeted midpoints.

Mountain View, Calif.-based Pure Storage is led by CEO Scott  ...

6 hours ago
Advice - Best. Advice. Ever.

Seed for thought: An early-stage investor opens up

by J Jennings Moss Best. Advice. Ever.

A daily attempt to sort out the useful from the pointless when it comes to advice.

Every entrepreneur with a new startup is thinking about one thing — how do I fund my business? And for founders who aren't prepared to bootstrap their operations, that means going out and looking for investors.

But how should an entrepreneur go about what might be the most awkward of the investment rounds? So  ...

7 hours ago

Winklevoss brothers granted banking charter to conduct bitcoin business

by Michael del Castillo The co-founders

Tyler and Cameron Winklevoss today announced they are the latest among a rare breed of bitcoin entrepreneurs to have been granted a charter under traditional banking laws to conduct bitcoin business.

Unlike New York State’s BitLicense requirements, which the brothers also met as part of today’s announcement, the trust gives them state fiduciary power and lets them conduct business nationally  ...

7 hours ago
Startups - Working with wearables

This wearable device CEO shares her not-so-straight path to market (Video)

by Krystal Peak Monisha Perkash, co-founder and CEO of Lumo BodyTech

Monisha Perkash has been a lifelong athlete with a deep passion for health and wellness.

While her first business, TuitionCoach was more about financial health, by making the complicated process of navigating financial aid simpler, she eventually sold the company to SimpleTuition and partnered with Charles Wang and Andrew Chang to tackle physical wellness with a wearable that prompts users when  ...

9 hours ago
Startups - Distilling profits

How about a little chocolate to go with your whiskey?

by David A. Mann Ballotin

LOUISVILLE — The flavor of bourbon seems to have permeated everything in the last few years, from sauces to cigars to beer to maple syrup. Heck, I searched on Google as I was writing this story and even found bourbon-flavored marshmallows.

Chocolates and candies seem to be especially high on everyone's "things to put bourbon in" list. But now a Louisville startup is taking this trend the other  ...

9 hours ago
Startups - Silicon Nation: Twin Cities

How to sell stuff better? This tech startup thinks an app's the answer

by Meghan Holden App Data Room Orrin Broberg Scott Olson Jeff Cronk

ST. PAUL — The days of a salesperson pitching a product with brochures and print documents will soon be a thing of the past — or at least that’s the future App Data Room wants to see.

The fast-growing Minnesota technology startup aims to provide everything a salesperson might need to close the deal all in one app. The idea is to use the popular platform to gather all the sales pitch  ...

10 hours ago
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