A new cross-border VC firm is offering a sweetener to its founder LPs: part of its own profits

Atman Capital, a year-old early-stage venture firm partially backed by about 20 founders, is sweetening the deal for these individual limited partners. It promises to give credit to any one of them who refers a successful deal to the venture firm in the form of some carried interest in the firm’s own profits. It’s an…

A cap on the price of Russia oil would give countries more leverage to negotiate better prices from suppliers, US official says

Russia’s President Vladimir Putin (L) meets with Foreign Minister Sergei Lavrov at the Bocharov Ruchei state residence in Sochi, March 10, 2014. REUTERS/Alexei Nikolskyi/RIA Novosti/Kremlin A cap on the price of Russian oil would give countries more leverage to negotiate better prices from suppliers. A Treasury official added that the US had “positive” talks with…

The Federal Reserve will continue to raise interest rates ‘until the labor market cracks,’ Bank of America says

A “Now Hiring” sign is displayed on a shopfront on August 5, 2022 in New York City. John Smith/VIEWpress/Getty Images The Federal Reserve will want to see the US labor market shedding jobs before it stops raising interest rates, Bank of America said Thursday.  To fight inflation, policymakers are hiking rates “with the expressed purpose…

A margarine brand is going back to its old recipe after customers revolted, calling the new formula with less vegetable oil ‘disgusting’

Jeffrey Greenberg/Universal Images Group via Getty Images Angry customers left hundreds of one-star reviews on Smart Balance’s new formula. The company agreed to reverse changes and return to the old formula. The formula change is an example of “skimpflation,” substituting cheaper ingredients without alerting customers. Consumers just got a win in the battle against inflation…

‘Hellraiser’ is back with a new reboot of the terrifying horror franchise — here’s how to watch the return of Pinhead

When you buy through our links, Insider may earn an affiliate commission. Learn more. Jamie Clayton as Pinhead in “Hellraiser.” Spyglass Media Group/Hulu “Hellraiser,” a reboot of the classic ’80s horror movie, premieres October 7 on Hulu.  The new film follows a woman who becomes the target of murderous beings from another dimension. Hulu plans…