Bloomberg Quid Inc, a startup that helps companies analyse large volumes of text from news, social media and the web, raised $37.5 million in venture funding, the company plans to announce on Monday. The deal was led by REV Ventures, the investment arm of LexisNexis owner RELX Group Plc, which contributed about $10 million. Other investors include Julian Roberson, the ...

Bloomberg Mercedes-Benz USA is under investigation by US safety regulators who say the luxury-auto maker may be taking too long to send safety recall notices to car owners and inform the government. The National Highway Traffic Safety Administration told the unit of Germany’s Daimler AG that it found numerous instances in which owners of recalled cars weren’t notified within the ...

Bloomberg Profit secured. Tesla Inc blew away expectations with just the third quarter of positive earnings in its history, bolstering Elon Musk’s bid to make selling electric cars a financially sustainable business. The profit and cash that Tesla generated sent its shares surging to levels last seen in mid-August, when the chief executive officer was still in the midst of ...