Business News
Compare your bank FD rates
livemint.com - 10 Sep 2020 19:24
Over-exposure to FDs is not good, and you need to assess your asset allocation and goals to decide how much money you should park in them.Here is a list of banks that offer the highest FD rates for deposits up to 1 crore...
How Hermès got away from LVMH--and thrived
The Economist - 10 Sep 2020 16:56
IN THE AUTUMN of 2010 le tout Paris of business braced for the sad, if predictable, end of an era. After 173 years and six generations, Hermès, a purveyor of handbags to bankers and neckties to their husbands, was to be...
TikTok sale to American company may not happen in time to avoid US ban
New York Post - 10 Sep 2020 17:16
TikTok's Chinese parent company ByteDance, facing roadblocks recently thrown up by the Chinese government, may not be able to sell the app's US business in time to meet President Trump's Sept. 20 deadline to avoid a ban.
As homes become offices, gyms and more, COVID-19 has upended how we think our living spaces should work
Chicago Tribune - 10 Sep 2020 18:47
Six months into the COVID-19 pandemic, Chicagoans are rethinking what they need in a home, as we adapt to remote work, school and fitness.
Oil Companies See Methane Reductions As In Their Financial Interest
Forbes - 10 Sep 2020 16:04Market Extra: JP Morgan enters green bond push with $1 billion debut debt deal
Market Watch - 10 Sep 2020 03:59
JP Morgan follows Citigroup and Bank of America into the 'green' debt fray, as big U.S. banks start issuing more debt specifically to fund projects with a sustainable bent.
Google claims its AI is becoming better at recognizing breaking news and misinformation
Venture Beat - 10 Sep 2020 21:56
Google says its automated systems are becoming better at recognizing breaking news and detecting false and misleading information.
Prince of Persia: The Sands of Time's remake is official and kinda ugly
Venture Beat - 10 Sep 2020 21:14
Ubisoft revealed a remake of Prince of Persia: Sands of Time, the most iconic entry in the Prince of Persia franchise, during its Uplay stream today.
Second Stimulus Update: GOP Bill Fails In The Senate. Will There Ever Be More Relief?
Forbes - 10 Sep 2020 19:23Peloton crushes estimates as sales surge 172%, expects strong demand to continue into 2021
CNBC - 10 Sep 2020 23:03
Peloton's fiscal fourth-quarter sales surged 172% to $607.1 million, the company announced Thursday, as its high-tech stationary bike and treadmill became two of the hottest commodities for people looking to work out at ...
Community banks get on board with bots
American Banker - 10 Sep 2020 19:57
Robotic process automation is normally the province of large banks, but Extraco Banks in Texas and Carter Bank in Virginia are training bots to perform repetitive, mind-numbing tasks.
Cruise's AI enables driverless vehicles to navigate uncommon scenarios
Venture Beat - 10 Sep 2020 19:00
GM-backed autonomous car startup Cruise uses a framework dubbed the Continous Learning Machine to train perception models on uncommon scenarios.
Addicting Games acquires online survival game Mope.io with 72 million users
Venture Beat - 10 Sep 2020 15:00
Addicting Games has acquired the online creature survival game Mope.io, a web and mobile game with more than 72 million to date.
Orchard raises $69 million to develop machine learning for buying and selling homes
Venture Beat - 10 Sep 2020 13:49
Orchard raised $69 million to continue the development of its machine learning technology that aims to make buying a home less complicated.
Top Three Tips For A Great Customer Experience
Forbes - 10 Sep 2020 13:00Oil Traders Gird for More Price Swings
Wall Street Journal - 10 Sep 2020 11:32
Traders are betting on fresh upheaval in the oil market, in an abrupt turnaround from the calm of recent months.
Hyper Scape launches turbo mode September 15
Venture Beat - 10 Sep 2020 22:01
Ubisoft announced that its Hyper Scape battle royale game will get a turbo mode that speeds up the gameplay on September 15.
Citigroup Will Have New CEO, But Familiar Risks
Wall Street Journal - 10 Sep 2020 19:41
Next year, the bank will have a new chief executive for the first time in nearly a decade. But it will still face some familiar challenges.
JPMorgan Tells Trading-Floor Staff to Come Back to the Office
Wall Street Journal - 10 Sep 2020 19:01
The bank's giant sales and trading operation is told that their teams must return to the office by Sept. 21. Employees with child-care issues and medical conditions that make them more vulnerable to coronavirus complicat...