Box has secured $100 million in funding at a valuation of about $2 billion, said chief executive Aaron Levie, as new international investors plan to help the online storage provider expand outside the U.S.
Honda is offering its U.S. dealers big cash incentives to pump up their new-car sales in the final month of the year after its November U.S. sales fell slightly even as the overall market rose nearly 9%.
Banks have banned cellphones, barred electronic chat rooms and forced traders to go on vacation. But in the battle to avoid trading scandals, a new weapon is coming to the fore: algorithms that detect potentially troublesome patterns in traders' communications.
The Securities and Exchange Commission asked struggling retailer JC Penney to provide information on a controversial September stock offering that sent its shares plummeting when the sale was disclosed.