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CRV has secured $750 million toward the 55-year-old venture firm’s twentieth flagship fund, it announced on Friday. The new fund is smaller than the $1 billion early-stage fund CRV closed in the fall of 2022. At that time, the firm also announced a $500 million second Select fund, a capital pool for backing late-stage rounds of existing portfolio companies. It’s no surprise that CRV is not raising a late-stage fund as part of its new fundraise. Last year, the firm told The New York Times it was returning $275 million from its $500 million Select fund to investors. The firm…

NEW YORK (AP) — Millions of student borrowers could begin having their wages garnished as soon as this summer, according to estimates from credit bureau TransUnion. The company predicts that by August roughly 3 million borrowers could move into default, meaning they’re 270 days past due on payments. At that point, loan holders are at risk of having 15% of their pay docked by the government, with the money going toward the outstanding debt. There has been no clear indication of when wage garnishment will start.After the pandemic-era pause on student loan payments ended in May, borrowers have had to…

On the heels of launching its “Families on the Fly” campaign, TSA is offering discounted PreCheck enrollment for traveling families.Now through October 31, travelers can enroll in TSA PreCheck and get $15 off the second enrollment for a family member, friend or anyone (just mention the family discount to qualify) when they sign up together through authorized enrollment provider, IDEMIA. Large families or groups can save even more, as a family of four signing up simultaneously can save $30, for example.TSA PreCheck enrollment provided by IDEMIA costs $76.75 and covers five years of membership, so the savings are significant. To…

Startup founders face a perplexing and even contradictory capital market in 2025, according to Sapphire Ventures partner Cathy Gao. “Capital isn’t scarce. But access to that capital is harder than ever,” she said. Gao, who spoke at TechCrunch’s All Stage conference in July, said it’s possible for startup founders, especially those in later Series C stage, to navigate this particular economic environment. And they need to start with a reality check.  To begin, she said, it’s important to note that only one in five startups that raise a Series A ever make it to raise a Series C. And, in…

Facebook Tweet Email Link Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get news about destinations, plus the latest in aviation, food and drink, and where to stay. In our travel roundup this week: the luxury death trap that was the world’s first passenger plane, a forgotten but beautiful Bauhaus airport, and the rising cost of travel entry fees. The must-have travel accessory du jour is a big fat wallet. You likely have heard about the United States introducing a new $250 “visa integrity fee” for international visitors. The European Union has also been busy on the travel…

Chipotle Mexican Grill’s new Adobo Ranch dipSource: Chipotle Mexican GrillRestaurant brands are hoping hot new menu items will drive visits among younger customers. Hot, in this case, is literal.Spicy items like chicken sandwiches, seasoned sides and sauces are cropping up more often on menus at major fast-casual and quick-service chains. The idea is to introduce easy-to-execute and buzzy options that can capture the attentions of Gen Z and Gen Alpha diners, even if it’s only a flash in the pan.One of those companies was Chipotle, which in June introduced Adobo Ranch, its first new dip in five years, as a…

German prosecutors say a joint U.S.-European operation has seized infrastructure belonging to the BlackSuit ransomware gang, a notorious hacking group blamed for several major cyberattacks in recent years. In a new statement this week, officials in Germany said they had seized the gang’s servers and systems as part of an operation on July 24. The officials said the operation had secured “considerable amounts of data” that will be used to help identify the individuals responsible for the attacks. The officials said they switched off the servers, effectively cutting off the ransomware malware. The statement said BlackSuit had a total of…

Facebook Tweet Email Link Protestors gathered in Tel Aviv’s “Hostage Square” on Saturday to stage an emergency protest following the release of propaganda videos showing emaciated Israeli hostages still held in Gaza. Videos released by militant groups Hamas and Palestinian Islamic Jihad this week showed Israeli hostages Evyatar David and Rom Braslavski in a visibly fragile state. The undated footage of David is juxtaposed with images of starving Palestinian children. They are among fifty hostages that remain in the territory, at least 20 of whom are believed to be alive. The militant groups released the videos with ceasefire talks stalled…

The future ticket counter at JFK’s new Terminal 1.Leslie Josephs/CNBCIt’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport is taking shape. Its first phase is slated to open in mid-2026.It will replace the current terminal, which opened in 1998.The terminal, which will be JFK’s largest, is now weathertight. Winding baggage conveyor belt structures have been installed, and you can make out future ticket counters, where customers flying carriers like Turkish Airlines, Air New Zealand, Etihad Airways, Air China, Taiwan’s China Airlines and others will set down their luggage and show their passports…

Ask any homeowner: Renovation projects are no fun at all. From finding a contractor to determining a fair price, the process is rife with uncertainty.  Plenty of startups have popped up to help homeowners tackle electrification projects, including installing solar panels and replacing gas furnaces with heat pumps. But they still struggle with the cost question: acquiring customers is often more than half the battle. Pearl Edison thinks the answer is utilities. “As much as anything, we are leveraging their brand equity and trust,” Evan Anderson, co-founder and CEO of Pearl Edison, told TechCrunch. Investors have bought into the idea.…