Global Business News for 1 Feb 2016
Prime Minister Justin Trudeau's words at Davos were an ill-considered message to political and business leaders of countries that pay hundreds of billions of dollars for those resources
When you’re spending $60bn on a private jet, you can literally have virtually anything you want and Canadian private jets manufacturer Bombardier is well used to accommodating the wishes of... well-heeled customers.
Flickr/Morgan People who score highly in the Dark Triad personality traits – narcissism, psychopathy and Machiavellianism – are vain, selfish, callous and manipulative. They're not the kind of... people you want to spend much time with. This raises the obvious question – to put it bluntly, why over evolutionary timescales haven't these people died out? One possibility is that their traits actually confer short-term advantages in the mating game. Dark Triad people are obnoxious once you get to know them, sure, but perhaps they can be alluring at first, what with their swagger and smooth talking.To test this, Emanuel Jauk and his colleagues had 46 women and 44 men (average age 23; all heterosexual) fill out personality questionnaires, including measures of the Dark Triad traits, and then...
New research published today in the journal JAMA Internal Medicine confirms what many of us have suspected for some time: If you smoke a lot of weed -- like a lot of it -- it can potentially do... permanent damage to your short-term memory.
YouTube/Columbia Business School
Amanda Mesler, Microsoft’s general manager for central and eastern Europe, has been travelling the globe for several decades, venturing to some parts of the world where female business executives... were a rare sight.
Amazon’s been more than a bookstore for quite awhile, but not it appears as if it’s turning its eyes (or ears) towards the now-popular streaming music industry.
The media business used to be fairly simple. It operated on linear model, consisting of content, distribution and audience, with a small priesthood of publishers, producers and programing executives... making editorial decisions for the rest of us. Stars were created by the choices they made.
The Centers for Disease Control and Prevention announced Monday that it has wrapped up its probe of Chipotle’s E. coli outbreaks, declaring them to be over with no new illnesses reported to the... agency since December. The news was welcome by the Denver-based fast-casual chain, whose business sales were down some 30 percent as a result of the health crisis. Spokesman Chris Arnold told The Denver Post the company is “confident that the changes we have made mean that every item on our menu is delicious and safe.” The company’s stock price surged as a result of the CDC’s announcement. Still, the source of the outbreaks remains unknown and, according to the CDC, will all but certainly stay that way as the customers who got ill had eaten a wide range of menu items. "When a restaurant...
A cargo ship has been drifting in the Atlantic Ocean off the coast of Northern France for a week. The crew has been evacuated, but the French Navy hasn't been able to safely bring the vessel to port.... Story and editing by Adam Banicki Follow INSIDER on Facebook Follow INSIDER on YouTube
Authorities in Singapore seize numerous bank accounts as part of their investigation into the Malaysia 1MDB scandal.
Courtesy of Tony Robbins At 45, Ajay Gupta has plenty to brag about. As the founder and chief executive of Gupta Wealth Management (GWM), his firm controls more than $1 billion in assets for high... net-worth individuals. Since 2014, he's grown his client base by more than 100% — thanks in large part to his all-star client, Tony Robbins. Robbins included a shout out to GWM in his best-selling book, "MONEY: Master the Game." In one chapter, the top life and business strategist lays out the difference between a traditional broker and the more attractive fiduciary standard. He describes Gupta's trajectory as a Merill Lynch escapee-turned-entrepreneur. In the months that followed, Gupta tells me, he began attracting more clients than ever before. "A large portion of the growth...
Tesla Motors has applied for licenses to sell and service its vehicles in Michigan. …
Iran said Monday it now has access to more than $100 billion worth of frozen overseas assets following the implementation of a landmark nuclear deal with world powers. …
Apple Inc.'s Tim Cook is acting like he's insane, one analyst says, as the company keeps raising debt to pay dividends and buy back stock even though it hasn't been working.
@TODAYshow/Twitter/screenshot Former Alaska Gov. Sarah Palin (R) bristled during a Monday interview on NBC's "Today" show when she was pressed about her provocative comments about her son's arrest... and post-traumatic stress disorder. "You guys brought me here to talk about Iowa politics and the caucus tonight — not to talk about my kids," Palin said. "And that was a promise. But as things go in the world of media, you guys don't always keep your promises, evidently." Track Palin, who is Palin's oldest child and a veteran, was charged last month in a domestic-violence case "in which his girlfriend said he punched her in the head and threatened to fire a rifle, court and police documents said," according to The New York Times. Palin alluded to the arrest at a January rally for Republican...
U.K. stocks are struggling as February trade kicks off with soft economic data from China and continued losses for oil prices.
Federal prosecutors in Pittsburgh want an Indiana man sent to prison for helping send millions of illegal spam messages to U.S. and international cellphones and computers. …
Company said Renault Kwid will continue to play a pivotal role in Renault's expansion plans in India
The daily fantasy sports industry is fighting for its survival in the U.S. -- fending off accusations that it's an unlawful form of gambling. But in Canada, it seems to be business as usual for those... who like to wager on these fantasy lineups of pro athletes as government and law enforcement agencies have shown little interest in cracking down. Casual sports fans likely know about daily fantasy sports through the aggressive marketing of websites such as FanDuel and DraftKings. The two U.S.-based sites dominate the industry and relentlessly promote their product through TV commercials, rink board ads and, for a brief time, sponsored segments on at least one all-sports network. DFS allows fans to act as managers by selecting their own roster of professional players in a range of sports --...
Not that he'll listen, but I have some friendly fatherly advice for Facebook CEO Mark Zuckerberg.
In Episode 3 of Showtime?s ?Billions,? hedge fund manager Bobby Axelrod goes on a personal crusade to resuscitate a favorite childhood brand. But is this how activist investing works in real life?
The most frustrating and toughest times for most entrepreneurs are when they feel stuck. Their company, for reasons unknown, isn't budging. No matter what they throw into the fuel tank, the needle... just won't move.
CSI300 and Shanghai Composite crack 1.5% and 1.8%, respectively, while the Hang Seng dropped 0.9%
Cycling authorities have finally caught a unicorn. A Belgian cyclist is facing the end of her short career after she was caught riding a motorised bicycle in the world cyclo-cross championship in... Zolder, Belgium. "It's absolutely clear that there was technological fraud," Bryan Cookson, the president of the International Cycling Union (UCI), said. "There was a concealed motor. I don't think there are any secrets about that." Known as "bike doping", hidden motors have been little more than a rumour. Pro cyclists were laughing at the suggestion just six months ago after a video emerged of an official at the Giro d'Italia checking eventual race winner Alberto Contador's bike very thoroughly, even removing the cranks: s://youtu.be/twzXs6lxSOs "The whole thing about motors is a joke, it comes...