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Finance & Markets

Sequoia Leads $1 Billion Funding Round in Nuke Startup Valar

Sequoia Capital led a $1 billion funding round for Valar Atomics Inc. that the nuclear startup says will help it shift from demonstrating small reactors to producing them in volume.

We haven't written up this one. Financial Post has the full story — the link below goes straight to it.

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UBS to pay $125M in AML penalties

The brokerage arm of the Swiss bank didn’t fix flaws identified in 2018, resulting in some 60,000 foreign currency wires valued at about $10 billion going unmonitored, regulators said.

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