From Fortress Capital: Let’s face it – investing is difficult! Gone are the days of saving for retirement. The average savings account in the USA pays less than 1%. Fortunately for most investors the stock market has been going up and up, but it’s going to correct (it always does). But it hasn’t been a good ride for all investors. Many retirees now living off their retirements are […]
Both Google and Apple rely on its individual app stores as an added selling point for its smartphone products, because what’s a smartphone without the apps? Simply banking on a huge library, however, is only a small part of the equation. Apps need to have an inherent retention power. They must provide enough features and perform excellently in order to remain situated in a user’s app tray. […]
Several union leaders in recent days said the signs of many members’ reluctance to support Clinton were visible before the election, and the Democratic Party must reconsider its approach to working-class voters. Harold Schaitberger, the general president of the International Association of Fire Fighters, said its politically active union didn’t endorse either Clinton or Trump because internal polling showed its members were too divided. It was the […]
Submitted by Eric Peters via EricPetersAutos.com, It is good that Hillary lost – obviously. But it may prove to be the worst thing that could have happened. Depending on what Trump does as president. If he governs as a Republican, it is time to pack bags. Because the clock is ticking. We will have – at best – four years before something far worse than Hillary returns, […]
Five years ago, the only luxury brand that was dabbling in the world of technology was Vertu. And far from becoming a dominant player in the mobile market, it remains an outsider – despite the fact that its product is, in fact, a piece of technology. But over the last few years – probably on the back of brands like Apple and Google increasingly vying for luxury […]
By EconMatters We delve into the recent 10-Day move in the US Dollar Index, and look at the major currency pairs in this video. The Oil and commodity related currencies may outperform against the US Dollar next week on optimism regarding an OPEC deal getting done. Expect a largely range bound market in an overall light holiday trading week. © EconMatters All Rights Reserved | Facebook | […]
You can read our charts-based explainer here. Sometimes the end of an era comes imperceptibly, with it only becoming apparent long after the fact. But many investors are in little doubt that Donald Trump’s election victory loudly trumpets that an entirely new market regime is nigh. The subsequent shockwaves — which sent equities powering higher on stimulus hopes, bonds crashing on inflation fears and emerging markets quaking […]
The last time we encountered David Brock, Hillary Clinton’s so called media “attack dog”, was two months ago when we exposed a money laundering scheme involving over a dozen of his Pro-Clinton SuperPACs. Now, it appears that unable to concede defeat, the man who aligned his career with Hillary Clinton, is going for blood, and is soliciting the help, but mostly money, of Clinton’s top donors. According […]
While the latest dollar surge, which has pushed the DXY above 101 to the highest level in 13 years, will likely be a far greater factor for the price of oil than the now daily charade of optimistic statements by OPEC, it doesn’t mean OPEC, and assorted oil-exporting hangers on like Russia, won’t try. As we reported in the past week, today Russian Energy Minister Alexander Novak […]
The Board of Directors of the Center for Public Integrity today announced the resignation of the Center’s Chief Executive Officer, Peter Bale. Mr. Bale, previously vice president and general manager of digital operations at CNN International, had been based in London for the three years prior to his move stateside. He is resigning to pursue other international media opportunities. Bale’s tenure at the Center, the global nonprofit […]
Every autumn, Hong Kong restaurants serve a seasonal delicacy: hairy crabs, shipped the same day from lakes around the Chinese city of Suzhou. But the territory’s food safety inspectors recently made a shocking discovery: some crabs in this year’s consignment contained dangerous levels of cancer-causing chemicals. Even worse, the crabs appeared to come from Lake Tai, a model in China’s fight against pollution after a multiyear, multibillion-dollar […]
Airbnb revealed a revamped version of its app at the company’s annual conference for hosts in Los Angeles that expands the services offered beyond only booking rooms. The Airbnb app, in addition to a “Homes” section that contains its popular room rental service, will now also be featuring sections named “Experiences” and “Places.” What Is Airbnb Experiences? Airbnb’s Experiences section contains the “Trips” program, which will allow customers […]
Photo Nusra Front fighters in Idlib Province, Syria, in 2015. In what analysts say is a calculated move to hide ties to Al Qaeda, the Nusra Front recently rebranded itself and changed its name to Jabhat Fath al-Sham, or the Levant Conquest Front. Credit Ammar Abdullah/Reuters American officials accuse him of being part of the “inner leadership circle” of Al Qaeda’s Syrian affiliate, most widely known as […]
Barnes & Noble, putatively regarded as the largest U.S. retail bookseller, is releasing its most affordable tablet yet named the Nook Tablet, a lightweight Android-powered tablet. Per usual, the Nook Tablet will have access to Barnes & Noble’s sweeping content, which the company claims to include millions of Nook books, thousands of Nook audiobooks and hundreds of magazines accessible via its proprietary Nook store. Nook Tablet While the […]
The British Virgin Islands has hit law firm Mossack Fonseca with the biggest fine in the territory’s history following an investigation into Panama Papers revelations. The Financial Services Commission (FSC) imposed the $440,000 administrative penalty against Mossack Fonseca’s BVI operation on Friday, citing eight breaches of BVI’s Anti-Money Laundering and Terrorist Financing codes and its Regulatory Code including failures in risk assessment, due diligence and identification procedures […]
Center for Public Integrity veteran John Dunbar has taken over as the organization’s new chief executive officer. Dunbar, 52, has worked at the Center for more than 12 years covering three separate stints. He first worked for the Center from 1999-2006, and during that time created the “Well Connected” project, an investigation of the political ties of the media and broadband industries. He came back briefly in […]
Snapchat parent company, Snap Inc., has just filed confidentiality for its initial public offering (IPO), according to reports. News about a Snapchat IPO at a $25 billion valuation first surfaced back in October, and new reports now bolster such claims. The company is reportedly seeing to raise $4 billion, which would lead to a valuation of $25 to $35 billion. The confidential filing with the Securities and Exchange […]
By Lauren Hirsch and Liana B. Baker Snapchat has filed for an initial public offering, sources familiar with the situation said on Tuesday, which puts the messaging app a step closer to the biggest U.S. stock market debut since 2014. The Venice, California-based company could go public as soon as March and be valued at $20 billion to $25 billion, making it the largest IPO since Chinese […]
By Paul Sandle | LONDON LONDON Google delivered a vote of confidence in London’s future as a technological hub after the Brexit vote on Tuesday by announcing plans for a new building in the King’s Cross area of the city that will house thousands of extra engineers. Google’s Chief Executive Sundar Pichai said computer science had a great future in Britain, citing the talent pool, educational institutions, […]
Alphabet’s Google announced the formation of an artificial intelligence group for Google Cloud, the tech company’s latest gambit to increase its market share in the lucrative cloud computing business. Diane Greene, who leads Google’s cloud business, announced the team at an event at the company’s facilities in San Francisco. The group will be led by Fei-Fei Li, an artificial intelligence professor at Stanford University, and researcher Jia […]
Halloween may have ended, but you can still don the wizard or witch’s hat, pull out your imaginary Elder Wand, and drift into a world that is laced with wonder and enchantment. Or you can simply try some sleight of hand with the new Harry Potter spells that are courtesy of Amazon. Yes, even if you’re a Muggle. Thanks to a few basic search bar hacks, the Hermione or […]
Three global trends are reshaping GCC travel distribution business models and threaten to weaken the connection between airlines and customers Rise of digital technologies risks weakening connection between airlines and customers In the Middle East, there is growing internet penetration, with a rapid rise in the use of mobile – around 15% of internet users use only mobile for access By getting closer to […]
Political advertising may get more attention but with Election Day hours away, a liberal super PAC is betting direct outreach to voters is actually more effective. For Our Future has “a goal of 8,093,518 knocks by Election Day,” according to its most recent publicly posted strategy memo. The group was formed last June and supports Democratic presidential nominee Hillary Clinton and Democratic candidates for Congress, including U.S. […]
Samsung has announced it has entered into a definitive agreement to acquire Harman, the designer and maker of connection products for automakers, in a bid to expand and accelerate its growth in connected technologies. On Monday, Nov. 14 the Korean company confirmed that it will buy Harman for $112 per share, which brings the cost of acquisition to about $8 billion. Harman has a strong presence in […]
