Business News
Jeff Koons Unveils His Iffy "Bouquet of Tulips" for Paris
The New Yorker - 15 Oct 2019 21:33
Lauren Collins writes about the controversial art work "Bouquet of Tulips," by Jeff Koons, which was commissioned as a gift to the city of Paris.
Google debuts Nest Mini with wall mount and dedicated ML chip
Venture Beat - 15 Oct 2019 16:36
The latest version of Google's Nest Mini comes with a wall mount so you can put it anywhere you want and dedicated chip for machine learning.
Costs weigh on Wells Fargo as new CEO prepares to take reins
American Banker - 15 Oct 2019 22:37
Perhaps the biggest test that Charles Scharf will face when he starts next week will be how to control expenses while still trying to make the necessary investments in risk management to satisfy regulators.
GSMA: North America will lead Asia and Europe in 5G use
Venture Beat - 15 Oct 2019 14:00
Despite South Korea's early lead and China's plans for growth, North American countries are expected to become world leaders in 5G over the next six years.
Charlotte Hornets Season Preview: The Post-Kemba Walker Era Begins
Forbes - 15 Oct 2019 14:00
The Hornets lost their two leading scorers in Walker and Jeremy Lamb in free agency, which caused the franchise to re-evaluate its long-term trajectory.
Fed's back printing money - so what gives?
New York Post - 15 Oct 2019 04:39
Although there's been no official announcement, the Federal Reserve has restarted QE -- better known as Quack Economics. You might know it better as Quantitative Easing, in which the central bank buys large amounts of go...
5 Tech Investors Discuss Why AI Companies Built By Diverse Teams Are A Better Bet
Forbes - 15 Oct 2019 04:18
Perhaps now is the time to begin discussing where having a variety of experiences could have the most impact - not only for building better technologies and businesses, but also for building better societies as a whole.
WeWork pins its hopes on JPMorgan to stay afloat
New York Post - 15 Oct 2019 04:15
Office sharing company WeWork's race for emergency funding is starting to resemble a high-wire act. JPMorgan's pitch to help WeWork score roughly $5 billion to keep it afloat is contingent on whether it can convince othe...
Oil prices extend losses as weak China data compounds U.S.-China trade deal doubts
Reuters - 15 Oct 2019 04:03
Oil prices dropped again on Tuesday after falling heavily in the previous session, as weak Chinese economic data for September added to lingering concerns about the feasibility of the U.S.-China trade deal announced by P...
Facebook Officially Launches Libra, Its Digital Currency
Time - 15 Oct 2019 02:53
Facebook has faced criticism since it unveiled plans to create a separate currency system
Viacom's Pluto TV has launched a new conservative channel, but Shari Redstone says she's not planning a Fox News TV rival
Business Insider - 15 Oct 2019 21:41
Getty The Hollywood Reporter reported on Tuesday that National Amusements president Shari Redstone, who controls Viacom and CBS, is exploring options for a conservative-leaning news network that would compete with Fox Ne...
Goldman Sachs execs ask for patience on digital brand Marcus
American Banker - 15 Oct 2019 20:54
During the firm's earnings conference call, Chairman and CEO David Solomon attempted to reassure investors about the costs of Marcus, declining to say when the investment bank might break even on the initiative.
Next-gen Google Assistant works in near real time, offers speech transcription
Venture Beat - 15 Oct 2019 16:55
Google Assistant with Pixel 4 offers near real-time responses to queries, automatically transcribes voice recordings, and engages in multi-turn exchanges.
Citing 'Continuing Threat Of Violence,' Senator Urges Congress To Pass 'Journalist Protection Act'
Forbes - 15 Oct 2019 19:23
"We need to make sure anybody who is inclined to threaten or intimidate the press knows that federal prosecutors will have the tool to pursue anyone who threatens the press or attacks the press in any way"
Brexit Hopes Carry Pound and Banking Stocks Higher
Wall Street Journal - 15 Oct 2019 19:03
The British pound and stocks of banks and home builders in the region rallied on reports that the U.K. and European Union might be close to finishing a draft divorce agreement.
Hulu Will Stream Tonight's Democratic Debate to All Subscribers for Free
AdWeek - 15 Oct 2019 18:39
Tonight's Democratic presidential debate is getting center stage on Hulu. The streaming service and CNN have partnered to offer up a livestream of the debate to all Hulu's subscribers for no additional charge, Hulu said....
Elizabeth Warren's Rise Is Battering Health-Care Stocks
Wall Street Journal - 15 Oct 2019 15:52
Health-care stocks are lagging behind the broader market as the Democratic presidential candidate Elizabeth Warren climbs in political polls.
IMF sees global economic growth falling to 3% this year, slowest pace since 2008 financial crisis
Market Watch - 15 Oct 2019 15:00
The IMF has grown even more pessimistic about the global economy, according to the latest World Economic Outlook, published on Tuesday.
The Wall Street Journal: Federal prosecutors probing Giuliani's business dealings in Ukraine
Market Watch - 15 Oct 2019 01:06
Federal prosecutors in Manhattan are examining Rudy Giuliani's business dealings in Ukraine, including his finances, meetings and work for a city mayor there, according to people familiar with the matter.
The 49 best Netflix original TV shows this year so far, ranked
Business Insider - 15 Oct 2019 23:32
Netflix INSIDER rankedNetflixoriginals based on critics ratings from Rotten Tomatoes, and included both series and season debuts for the list. "One Day at a Time," "Russian Doll,"and "Dark" all have top ratings. "Chamber...
JPMorgan Flexes Muscle as Goldman Stumbles
Wall Street Journal - 15 Oct 2019 22:52
The results show that the largest U.S. banks have yet to feel the sting of recent interest-rate cuts and turbulence in the stock and money markets.
Get Ready for the Next Recession Using This Magician's Secret
Forbes - 15 Oct 2019 22:38
A recession is inevitable; the only question is when it will happen. Many economic commentators predicting a crash point to textbook leading indicators like the declining gross domestic product (GDP) growth rate of key e...