Rent the Runway Becomes a Unicorn With Mutual Fund Backing

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Rent the Runway Becomes a Unicorn With Mutual Fund Backing

Rent the Runway Inc. is New York's most stylish unicorn. The fashion rental startup is now valued at $1 billion, the company said Thursday as it
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Canada Sees Its Biggest Influx of Immigrants Since World War I

Canada just recorded its biggest influx of immigrants in more than a century. The country added 71,131 immigrants in the final three months of 2018,
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Amazon to Launch Mobile Ads, in a Threat to Google and Facebook

Amazon.com Inc. has hit on a new way to grab a chunk of the $129 billion digital advertising market now dominated by Google and Facebook Inc.: sell
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Why Tencent Missed the Mark on Profit by Most in a Decade

“As it turns out the market was probably worried about the wrong thing,” Bloomberg Intelligence analyst Vey-Sern Ling said in an email.
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Disclosure of CECL's Impact on Publicly Traded Financial Institutions

In June 2016, the Financial Accounting Standards Board (FASB) issued ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326),
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