Business News
Saks Fifth Avenue swaps fencing for NYC-themed display windows ahead of reopening
New York Post - 23 Jun 2020 03:59
Saks Fifth Avenue's flagship store has exchanged its barbed-wire fencing for display windows proclaiming its love for New York City as it gears up for a grand reopening on Wednesday, The Post has learned. The iconic depa...
DTC Eyeglasses Brands See Spike in Online Sales During Quarantine
AdWeek - 23 Jun 2020 00:00
Buying glasses has traditionally followed a predictable flow. Following an optometrist appointment, patients speak with an often commission-incentivized optician about which frames and lenses to spend up to $400 on. In t...
Adult Film Star Ron Jeremy Charged With Sexually Assaulting Four Women
Forbes - 23 Jun 2020 22:14Your Digital Self: Five best technology podcasts you can listen to now
Market Watch - 23 Jun 2020 19:07
Learn quickly and engagingly from the brightest minds, including venture capitalists at Andreessen Horowitz.
No, Trump Didn't Say There Would Be Second Stimulus Checks
Forbes - 23 Jun 2020 02:52Facebook Bans Artifacts Trade After Uptick In Posts Of Looted Objects
Forbes - 23 Jun 2020 21:42Housing market should 'cool off' later in year, Moody's economist Zandi says
CNBC - 23 Jun 2020 21:20
Moody's Analytics chief economist Mark Zandi discussed the housing market on CNBC's "Power Lunch."
Wirecard's Downfall Blows Up $1 Billion Lifeline From SoftBank, Credit Suisse
Wall Street Journal - 23 Jun 2020 12:22
Before Wirecard's unraveling, two financial heavyweights set up an unusual $1 billion investment in the payments company. A structured product tied to that deal is now foundering, amplifying the damage from the fintech g...
Buy these 3 stocks as they move above key resistance levels, Bank of America says (AMGN, AAPL, NTDOY)
Business Insider - 23 Jun 2020 16:13
Spencer Platt/Getty Images In a note published on Monday, Bank of America listed three stocks to buy on bullish technical breakouts. The stocks are on the verge or have already moved above a key resistance level, signali...
Facebook claims wav2vec 2.0 tops speech recognition performance with 10 minutes of labeled data
Venture Beat - 23 Jun 2020 21:05
In a new paper, Facebook researchers detail wav2vec 2.0, which ostensibly achieves state-of-the-art speech recognition performance.
Homebuilders see strongest May sales in over a decade, but they have a big problem
CNBC - 23 Jun 2020 18:04
Sales of newly built homes jumped far more than expected in May, according to the U.S. Census. After slowing dramatically in March, as the coronavirus shut down the economy, they posted the strongest May pace since 2007,...
Burger King Offers 'Autopilot Whopper' Promo After a Tesla Confused BK Logo for a Stop Sign
AdWeek - 23 Jun 2020 13:00
Burger King's marketing team never misses a chance to jump on a hot trend, especially in technology. Case in point: The brand is launching a Whopper giveaway linked to automotive artificial intelligence, which "knows wha...
New Zealand Police Seize $91 Million From Russian Bitcoin Exchange Operator
Bitcoin.com - 23 Jun 2020 02:05
Police in New Zealand confiscated NZ$140 million ($91 million) from Russian bitcoin exchange operator Alexander Vinnik. Vinnik is the alleged owner of the collapsed BTC-e exchange. The funds were seized from bank account...
GIP, Brookfield Invest $10 Billion in Abu Dhabi Gas Infrastructure
Wall Street Journal - 23 Jun 2020 16:26
The consortium will acquire a 49% stake in gas pipelines operated by the United Arab Emirates' national oil company, a deal that marries yield-hungry funds with a country battered by low oil prices and the coronavirus pa...
White House Pushing For Second Round Of Stimulus Checks
Forbes - 23 Jun 2020 16:10Autonomous forklift developer Third Wave emerges from stealth with $15 million
Venture Beat - 23 Jun 2020 16:00
Third Wave Automation, a startup developing an autonomous forklift platform, emerged from stealth with $15 million in series A funding.
Nylas nabs $25 million as the API economy explodes
Venture Beat - 23 Jun 2020 16:00
Nylas, which provides email, calendar, and contact APIs for developers to build into their own apps, has raised $25 million in a series B round of funding.
The Inside Story On An Investment That Plunged 98%
Forbes - 23 Jun 2020 15:50How A CEO Built A Successful Business By Letting His Employees Get Away
Forbes - 23 Jun 2020 15:45Key Support for the Economy May Be About to Buckle
Wall Street Journal - 23 Jun 2020 13:53
Government stimulus programs have helped support spending by lower-income Americans, but the money could soon run out.
Stock Market Outlook: 3 Volatile Weeks, Then Pure Excitement
Forbes - 23 Jun 2020 11:40Alleged Unlicensed Bitcoin Dealer Becomes First Singaporean Charged Under New Law
Coin Telegraph - 23 Jun 2020 11:39
A 23-year old Singaporean accused of unlicensed Bitcoin dealing is set to become the first person to be charged under the city-state's Payment Services Act.