Peter Thiel (left) and Richard Li. Getty Images/Bloomberg MoneyHero Group, a personal finance comparison company based in the Asian financial hubs of Hong Kong and Singapore, is planning to go public in the U.S. by merging with a blank-check company backed by Hong Kong billionaire Richard Li and PayPal cofounder Peter Thiel. The deal with […]
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The Ford Motor Company logo is seen July 20, 2008 at a dealership in Hudson, Wisconsin. … [+] AFP PHOTO/Karen BLEIER (Photo credit should read KAREN BLEIER/AFP via Getty Images) AFP via Getty Images Its time to buy stock in Ford Motor F . That’s the verdict of Adam Johnson, author of the Bullseye Brief […]
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Planet earth from the space at night . 3d render, textures furnished from … [+] https://visibleearth.nasa.gov/images/144875/earth-at-night-black-marble-2012-color-maps-v2 getty The SpaceX Starship, the most powerful rocket ever to fly, exploded shortly after liftoff on April 20th. Despite the disappointing ending, the launch attempt of the uncrewed rocket was hailed as a success by both SpaceX and officials at […]
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BARCELONA, CATALONIA, SPAIN – 2019/06/07: A seller shows off the new Adidas Yeezy Boost 350 shoe … [+] model at the reseller store. The German manufacturer of sports shoes Adidas has launched the limited edition of the Yeezy Boost 350 sports shoe model designed by rapper Kanye West. The limited production of this model has […]
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NEW YORK CITY – APRIL 18: People walk by the News Corporation headquarters, home to Fox News, on … [+] April 18, 2023 in New York City. Moments before opening arguments were set to begin this afternoon, Fox News and Dominion Voting Systems said that they had reached a settlement of $787 million in the […]
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Retail Industry’s Message in a Bottle: Consumers Focus on Essentials, Itching To Travel getty Now that the retail industry has closed the books on fiscal 2022, the outlook as we head into year one of a post-pandemic economy seems clear — Consumers are hedging discretionary spending while eager to get out and see the world. […]
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We are navigating a dynamic period as it relates to business, the global economy, and geopolitics. Business leaders and investors alike need to determine their investment strategy to navigate this ongoing uncertainty. Throughout history and different economic cycles, capital investments in technology have endured because the innovation they create transforms society and businesses, even during […]
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Protesters against former President Donald Trump pace the sidewalks outside the public entrance to … [+] the 80 Centre Street building where a grand jury investigating Trump over hush money payments is back in court and hearing evidence related to the case, Monday, March 27, 2023, in New York. It remains unclear when the panel […]
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Silicon Valley Bank Bust Ripples Through Retail Industry Getty Images As a financier of choice for digital innovators, Silicon Valley Bank’s (SVB) recent collapse will be felt across many industries, including the consumer-facing companies that depend on technology for ecommerce operations and seamless payment systems. As consumer spending accounts for about 70% of the US […]
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CLEVELAND, OH – NOVEMBER 04: Beyonce performs at a concert for Democratic Presidential candidate … [+] Hillary Clinton, November 4, 2016 in Cleveland, OH (Photo by Brooks Kraft/ Getty Images) Getty Images It’s the end of an era as Beyoncé and the world’s second-biggest sports apparel brand Adidas mutually agree to part ways. Sales for […]
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Yat Siu, cofounder and chairman of Animoca Brands. Tory Ho/Bloomberg Yat Siu, chairman of Asia’s largest blockchain investor Animoca Brands, thinks volatile cryptocurrencies are a relatively safe investment as the traditional financial world is rocked by the Credit Suisse turmoil and the failure of a string of U.S. banks. “If you take a look what […]
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Baidu CEO Robin Li introduces the functions of Ernie Bot during an event in Beijing on March 16, … [+] 2023. AP Photo/Ng Han Guan Shares of billionaire Robin Li’s Baidu, which tumbled 6.4% on Thursday on disappointment over the launch of its ChatGPT-like service, surged almost 14% Friday as some analysts who tried Ernie […]
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Government bonds have long been synonymous with public spirit. During World War I, Hollywood celebrities like Charlie Chaplin and Ethel Barrymore promoted “Liberty Bonds” to raise funds for U.S. military efforts. In the decades after the war, an irrepressible Wall Street salesman named Jim Lebenthal coined the phrase “Built By Bonds” to popularize buying local-government […]
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And Cruz has done his best to earn the corporate cash. In 2021, he co-sponsored legislation narrowing the amount of time agencies have to complete environmental reviews of proposed federal action, and assigning penalties to agencies that don’t comply with those timelines. Cruz also pushed a bill in the same Congress, alongside Senators John Kennedy […]
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And Cruz has done his best to earn the corporate cash. In 2021, he co-sponsored legislation narrowing the amount of time agencies have to complete environmental reviews of proposed federal action, and assigning penalties to agencies that don’t comply with those timelines. Cruz also pushed a bill in the same Congress, alongside Senators John Kennedy […]
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Check out all the on-demand sessions from the Intelligent Security Summit here. From a Google killer to the heralding in of a humanity controlled by AI, the new ChatGPT application has been making waves — and even scaring people, too — since it was introduced late last year. But while ChatGPT knows a great deal, […]
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Coils of copper wire rods in a storage facility. Photographer: Andrey Rudakov/Bloomberg © 2021 Bloomberg Finance LP Its now more than half a year since Wall Street’s Cassandras warned of an imminent unavoidable recession. It still isn’t here and yet now there are signs of growing global strength, experts say. “Signs outside of economic data […]
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When we left, the data world was booming in the wake of the gigantic Snowflake IPO with a whole ecosystem of startups organizing around it. Since then, of course, public markets crashed, a recessionary economy appeared and VC funding dried up. A whole generation of data/AI startups has had to adapt to a new reality. […]
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Troubling Signs Emerge as Credit Card Debt Hits Record High As credit card debt hit an all-time high, just shy of $1 trillion, in the final three months of 2022, delinquencies among borrowers accelerated. Balances grew $61 billion in the fourth quarter from the previous one to $986 billion, the Federal Reserve Bank of New […]
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This 2022 photo shows a sensor from Hesai on top of a “robotaxi” autonomous vehicle developed by … [+] Baidu Apollo as it drives along a street in Shenzhen in China southern. (Photo by Jade Gao / AFP) (Photo by JADE GAO/AFP via Getty Images) AFP via Getty Images Hesai Group, a supplier of sensors […]
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Huang Ping, the Chinese consul general in New York, rang the opening bell at the Nasdaq on Jan. 25. Courtesy of Nasdaq In 2019, the year before Covid upended global travel and business, the Nasdaq attracted 33 listings from Asia-Pacific companies. All but five were from China, underscoring the country’s heft as the world’s No. […]
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The following is an excerpt from GreenBiz Group’s 16th annual State of Green Business, which explores sustainable business trends to watch in 2023. Download the report here. After debuting 50 years ago, carbon tech — technologies that capture, store and use emitted carbon; reduce emissions from other sectors; or monitor physical assets containing stored carbon — was long considered […]
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Fossil investment is not the whole story, however. The International Energy Agency (IEA) collaborated with the European Patent Office (EPO) on a “first of its kind” report that analyzes the patenting trends in hydrogen production technologies over the past 20 years. The study shows “a clear shift of innovation from traditional, carbon-intensive methods to new technologies with […]
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