A seed grows in Brooklyn. Charlie O'Donnell, formerly of First Round Capital and General Motors Corp.'s pension fund, is starting Brooklyn Bridge Ventures, Brooklyn, N.Y.'s first venture capital fund. O'Donnell explains why he feels Brooklyn is a good place for technology businesses. Up-and-coming startups like Etsy Inc. and MakerBot Industries LLC are already based there, and O'Donnell foresees a growing community of ad tech and clean-energy companies. He adds, "A lot of the entrepreneurs and the technical and design talent actually already live out there." - Katie Roof
Investment bank Berkery, Noyes & Co. hired Vineet Asthana (an avid squash player) as a managing director in the telecom, media and technology group. For other updates launch today's Movers & shakers slideshow.
If Warren Buffett is right that investors should be fearful when others are greedy and greedy when others are fearful, it's time to be greedy-at least with oil and gas stocks. And two big oilfield services mergers are creating perhaps the best bets. More video