Founded by former Carousell and Fave execs, Rainforest gets $36M to consolidate Asia-Pacific Amazon Marketplace brands

Singapore-based Rainforest is one of the newest entrants in the wave of startups that “roll-up” small e-commerce brands. Launched in January by alumni from some of Southeast Asia’s top startups, including Carousell, OVO and Fave, Rainforest acquires Amazon marketplace sellers. This is similar to the Amazon-centric approach taken by Thrasio, Branded Group and Berlin Brands…

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Former FDA commissioner said he’s ‘not sure’ about Biden’s India travel ban because COVID-19 variants are already in the US

Summary List PlacementFormer FDA Commissioner Scott Gottlieb on Sunday cast doubt on President Joe Biden’s looming ban on travel with India as a method for preventing COVID-19 variants from being introduced in the US. “I’m not sure what we’re hoping to accomplish,” Gottlieb said during an appearance on CBS News’ “Face the Nation.” “If the…

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U.S. regulator bars former Goldman analyst for insider trading By Reuters

© Reuters. NEW YORK (Reuters) – A U.S. regulator said on Tuesday it has barred former Goldman Sachs & Co (NYSE:) research analyst Brian Maguire for insider trading. The Financial Industry Regulatory Authority said Maguire twice bought securities after learning a fellow analyst was upgrading his recommendation in upcoming research reports. It also said Maguire…

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