Chinese Private Equity Firm To Invest $270 Million In Overstock Blockchain Subsidiary

Operations Inside The Overstock.com Distribution Center On Cyber MondayBLOOMBERG NEWSChinese private equity firm GSR Capital has confirmed to Forbes that it signed a letter of intent to invest as much as $270 million in blockchain startup tZero, a subsidiary of e-commerce giant Overstock.com. While the investment itself would be the largest ever single investment in…

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Private payrolls boom in July, increasing by 219000 vs 185000 estimate: ADP

Medium-sized businesses, which employ 50 to 499 people, added the most payrolls in July as they created 119,000. Larger businesses, meanwhile, expanded their payrolls by 48,000. Small businesses, which employ one to 49 people, say payrolls grow by 52,000. Service-providing companies expanded their payrolls by 177,000, led by gains in education and health services as…

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