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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year.

Capital 78
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DOJ settles redlining lawsuit against First Merchants Bank

CFPB Monitor

The agreement represents the second fair lending settlement entered into by the Republican-led DOJ under the Trump administration. (The The DOJ also alleged that the bank’s mortgage loan policy contained a lending preference for customers within its branch footprint, which was based in majority-White areas.