Silicon Valley startups fail despite glossy promises and funding slowdowns
The Mercury News examines how many startups in Silicon Valley collapse amid slowing funding. Skully and WikRiot illustrate fallout affecting employees and investors. Founders face long hours, personal loss, and shifting career paths as failures reshape careers and demand therapy and caution.
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Silicon Valley
Google
Facebook
Uber
Michael Freeman
University of California At
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Freeman
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WikRiot
Penny Kim
Sebastian Miller
Ghosh
CB Insights
ADP Payrolls Slow as Private Jobs Gain Lags
U S private sector added 154000 net jobs in September, down from 175000 in August and below forecasts. Construction hiring rebounded while manufacturing shed 6000 positions amid a strong dollar. analysts anticipate Friday’s Labor Department report to show about 168000 private sector jobs added.
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Washington
U.S
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Mark Zandi
Moody’s Analytics
ADP
Mall of America closes for Thanksgiving for first time
The Mall of America in Bloomington will close on Thanksgiving Day for the first time, with 520 stores including Nickelodeon Universe and theaters staying shut. Most tenants may also remain closed, while about 13 000 employees could have the holiday off and a 5 am Friday opening is planned with events to mark Black Friday.
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Minneapolis
Mall of America
Nickelodeon Universe
Jill Renslow
Renslow
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