Business News
Jack Welch, GE''s legendary CEO, has died at 84
CBSNews - 2 Mar 2020 17:00
He led a turnaround of GE in the 1990s, creating the world's most valuable public company at the time.
Coronavirus taking a toll on Chinese restaurants in New York
New York Post - 2 Mar 2020 05:11
Even the Big Apple's most beloved Chinese restaurants are in critical condition as the coronavirus keeps customers at bay. Restaurant owners, the people who work for them and city lawmakers say business at Chinese-owned ...
Transamerica Capital Growth Fund's Process Isn't As Advertised
Forbes - 2 Mar 2020 16:13
Despite its 4 and 5-Star Morningstar rating (depending upon share class), this fund is one of the worst rated funds in our ~7,000 ETF and mutual fund coverage universe.
Delta, United, And American Airlines Suspend More Flights To Coronavirus Impact Zones
Forbes - 2 Mar 2020 20:41
The three main American carriers are suspending more flights to South Korea, Italy and now even Japan and Singapore due to the deadly Covid-19.
Point72's Head Quant Is Leaving the Firm
Wall Street Journal - 2 Mar 2020 19:33
The head of billionaire Steven A. Cohen's quantitative-trading effort is leaving, a possible sign of the challenges traditional investors are facing as they move to embrace quant strategies.
Amazon's AI generates images of clothing to match text queries
Venture Beat - 2 Mar 2020 17:10
In a blog post and research paper, Amazon scientists describe an AI system that generates images of clothing to match text queries.
Cocktails As Performance Art In San Sebastian, Spain
Forbes - 2 Mar 2020 14:00
The moment bartender Alejandro Díaz de Mendibil steps behind the cocktail bar at the five-star Hotel Maria Cristina in San Sebastian, Spain, the intimate hotel bar turns into theater.
Why Our Cities' Transportation Systems Need Totally Redesigning
Forbes - 2 Mar 2020 11:54
After several years of observing the evolution of the new environment generated by the growth of ride-hailing applications, cities are more gridlocked and with higher levels of pollution than ever before. Time for awaren...
Amazon confirms two employees in Italy have contracted coronavirus
Reuters - 2 Mar 2020 04:46
Amazon.com Inc said late on Sunday that two employees in Milan, Italy, have contracted the coronavirus and are under quarantine.
If Making A Sale Would Hurt Your Customer, Don't Make It. Amex Just Learned This The Hard Way So You Don't Have To.
Forbes - 2 Mar 2020 03:29
Making a sale that isn't good for your customer isn't good for your company either. American Express is learning this lesson the hard way after engaging in pressure tactics that led to small business owners to end up wit...
Oil bounces from multi-year lows as hopes of OPEC+ cut, stimulus offset virus impact
Reuters - 2 Mar 2020 03:13
Oil prices pared losses after earlier hitting multi-year lows on Monday as hopes that a bigger than expected production cut from OPEC and stimulus from central banks could offset economic gloom from the coronavirus outbr...
These Three American Cannabis Companies Are Making A Profit
Forbes - 2 Mar 2020 02:14
Cannabis companies are notorious for losing money, but I share three American operators that are bucking the trend.
Dow has biggest daily jump since 2009 as Wall Street buys the dip
Reuters - 2 Mar 2020 23:42
The Dow Jones Industrial Average surged over 5% on Monday while the S&P 500 and Nasdaq each jumped more than 4% in a major rebound following last week's steep sell-off sparked by fears about the coronavirus.
Waymo raises $2.25 billion to scale up autonomous vehicles operations
Venture Beat - 2 Mar 2020 23:12
Alphabet's Waymo announced that it's raised $2.25 billion from investors including Andreessen Horowitz as it aims to scale up its autonomous car business.
Harry Reid Endorses Joe Biden’s Presidential Bid
TPM - 2 Mar 2020 21:24
The Nevada political powerhouse and former Senate Majority Leader Harry Reid (D-NV) announced Monday that he was backing former Vice...
Podcast: Solving AI's black box problem
Venture Beat - 2 Mar 2020 20:55
In this podcast, host John Koetsier talks with Nell Watson about building knowability into AI systems and why it's so important.
How Games Make Money: Omer Kaplan on ads and hypercasual games
Venture Beat - 2 Mar 2020 20:15
It's the first episode of the How Games Make Money podcast with your host Jeff Grubb interviewing Omer Kaplan from Ironsource.
Mighty Bear dishes on Butter Royale for Apple Arcade
Venture Beat - 2 Mar 2020 20:01
Mighty Bear Games launched its food-fight themed multiplayer Butter Royale game on Apple Arcade. And so far, the Singapore-based game studio is pleased.
Open source machine learning platform Kubeflow reaches version 1.0
Venture Beat - 2 Mar 2020 19:58
Kubeflow, an open source platform for machine learning lifecycle management, has reached its first major release -- version 1.0.
Datasaur, a semi-automated text data-labeling tool, raises $1 million
Venture Beat - 2 Mar 2020 19:10
Datasaur helps businesses label text data faster with semi-supervised learning. Founder Ivan Lee formerly worked on NLP with Apple's Siri team.
Apple agrees to $500 million iPhone throttling settlement, $25 per device
Venture Beat - 2 Mar 2020 19:02
A class action lawsuit against Apple for slowing down iPhones will yield a payout to users of a wide range of affected models, pending court approval.
Microsoft sets Power Automate's RPA pricing, general availability for April 2
Venture Beat - 2 Mar 2020 19:00
Microsoft Power Automate's robotic process automation (RPA) feature UI flows will hit general availability on April 2, with pricing announced today.