This article was sourced from Market Watch. Article by Claudia Assis. Stock has largest percent fall in a year, marring outperformance Getty Images Shares of SunPower Corp. on Wednesday fell the most in nearly a year after expectations of lower sales in the current quarter marred the solar-power company’s narrower-than-expected quarterly loss. SunPower SPWR, -19.32% stock fell more than […]
World business
One chart shows Apple’s service business quietly rising to the top
This article was sourced from Business Insider. Article by Caroline Cakebread. Apple is synonymous with sleek hardware, from laptops to phones. As this chart from Statista shows however, Apple’s non-hardware offerings are now an incredibly important piece of the business. Revenues from Apple’s service business have been steadily rising over the past five years, and with $US7.3 […]
A look back in IPO: Google, the profit machine
This article was sourced from Tech Crunch. Article by Alex Wilhelm. We’re taking a look at the IPOs of tech’s biggest players, the firms that we call the Big 5. We started with Amazon. Next up on our list is Google, the search and advertising giant. Google, now part of Alphabet, a holding company it created, went public in 2004. […]
Facebook bought an AI startup that could turn its middling virtual assistant into a Siri killer
This article was sourced from Business Insider. Article by Alexei Oreskovic. Facebook’s virtual assistant, which goes by the name of M, hasn’t quite delivered on the promise of a life-changing artificial intelligence product. But Facebook isn’t giving up. On Monday, the company announced its acquisition of a small, AI startup that will be […]
BT Pitches $788 Million Plan for Faster U.K. Rural Broadband
This article was sourced from Bloomberg Technology. Article by Rebecca Pent. BT Group Plc is proposing a 600 million-pound ($788 million) plan to bring faster Internet coverage to the rural U.K., to be paid for by charges to other broadband users. The former phone monopoly’s Openreach wholesale division by 2020 would build connections enabling broadband download speeds […]
The “attention economy” created by Silicon Valley is bankrupting us
This article was sourced from Tech Crunch. Article by Andrew Keen. Another week, another political crisis. We’ve had yet another few days of outrageous tweets from President Trump all designed, it seems, to monopolize the national conversation. It’s all so predictably unpredictable — and what Tristan Harris, the co-founder of the nonprofit group Time Well Spent, calls a […]
Five Things You Need to Know to Start Your Day
This article was sourced from Bloomberg Markets. Article by Luke Kawa. Euro soars on French election results, Chinese stock slump raises fears of yuan depreciation, and the U.S. looks to avoid a government shutdown. Here are some of the things people in markets are talking about today. Euro Up The euro spiked to a five-month high […]
Euro Rises to Five-Month High as Macron, Le Pen Lead French Vote
This article was sourced from Bloomberg Markets. Article by Stefania Spezzati. The euro jumped against the dollar after the first round of the French election showed that centrist Emmanuel Macron and nationalist Marine Le Pen were set to reach next month’s run-off. The shared currency traded 1.8 percent higher at $1.0920 by 10:00 p.m. London time, paring […]
The UK’s chronic productivity crisis is worsening
This article was sourced from Business Insider. Article by Thomas Colson. LONDON — The UK’s productivity crisis is worsening, according to a new report from accountants BDO. The report comes a week after the Office for National Statistics published damning data illustrating how far Britain’s productivity lags behind other leading economies. The BDO Business Trends report […]
3 Ways To Tell If You’re Connecting With Your Audience (And What To Do If You’re Not)
This article was sourced from Fast Company. Article by Anett Grant. Hint: Stop trying to read facial expressions. Ever wish you could call “time out” during your presentation to ask the audience how you’re doing? Since that usually isn’t doable, your next best option is to scan people’s faces for emotional clues, but recent research suggests […]
Why So Many Workers Prefer Their Remote Colleagues To The Ones In Their Office
This article was sourced from Tech Crunch. Article by Jeanne Meister. In one recent study, two-thirds of employees said their favorite coworkers were in another location. Last year, Ann Herrmann, who heads up a talent management firm, made her entire workforce remote. They now rely on a combination of videoconferencing tools and chat platforms, with an annual […]
When and What to Shred, Discard or Keep Financial Documents
This article was sourced from The Paramus Post. H&R Block to host free shred event in Selden and Lakewood NEW YORK, N.Y. – Three million Americans annually report tax identity theft and the IRS has paid out an estimated $5 billion in fraudulent returns for a single year. While cyber attacks pose a major threat, not […]
Alibaba gets serious in Southeast Asia in preparation for battle with Amazon
This article was sourced from TechCrunch. Article by Jon Russell. Done betting, Alibaba is getting down to work in Southeast Asia as it bids to lead the region’s promising e-commerce space and maximize its early mover advantage over Amazon. Alibaba became the first major international player to enter Southeast Asia, a region with more than 600 million cumulative consumers, when […]
“Innovative” IBM Kills Working from Home
This article was sourced from LinkedIn. Article by Bruce Kasanoff. Less than a year into her tenure as IBM’s Chief Marketing Officer, Michelle Peluso has announced that her thousands of marketing team members must now work out of one of six different locations—Atlanta, Raleigh, Austin, Boston, San Francisco, and New York. Many of these employees have either […]
Central Bank Shell Game: What Sweden’s Negative Interest Rates Do to Consumers
This article was sourced from Letters from Norway. Article by Nick Kamran. Sweden’s welfare state supposedly allows for success while providing a safety net for those unable to keep up with the market. In principle, it is an ideal state, achieving a utopian like state. However, Sweden’s touted economic success has come at the expense of […]
A New Twist in iHeartMedia’s Debt Struggles
This article was sourced from NY Times. Article by Stephen J Lubben. In a restructuring world dominated by oil and gas companies on the one hand and retail on the other, iHeartMedia stands out. But if we dig a bit deeper, the San Antonio-based radio and billboard company shares some similarities with those other companies buffeted by […]
Greece Won’t Last in Euro Zone in Long-Run-Bavarian Finance Minister
This article was sourced from NY Times. Article by Reuters. BERLIN — Greece will not last in the eurozone in the long run and officials working on a review of its bailout package should prepare for such a possibility, a senior member of the Bavarian sister party of Chancellor Angela Merkel’s conservatives said. Greece has lost […]
Berlin bubble? Property is booming and rents are rising
This article was sourced from The Irish Times. Article by Derek Scally. Billy Telford scored a coup for his Berlin property company, Next Estate, when he nabbed Ai Weiwei as the Chinese art superstar happened to be passing by the shop one day last year. Telford, a Laois man, asked Ai’s advice about some new art for […]
Saudi Arabia Downgraded By Fitch To A+ On Soaring Fiscal Deficit, Deteriorating Balance Sheet
This article was sourced from Zero Hedge. With Saudi Arabia scrambling to respond to surging US shale production in what many analysts warn is a lose-lose decision, as either Saudi Arabia will lose market share under the current status quo, or government revenue will tumble should the Vienna 2016 production cut deal be cancelled, moments ago […]
Trump Administration Rolls Back Obama Protections On Student Loans
This article was sourced from Zero Hedge. Just days after reports emerged that student loan defaults are soaring, which is undoubtedly due to some combination of, among other things, poor job prospects for the millions of snowflakes who graduate each year with their $200,000 educations in anthropology and the moral hazard created by liberal politicians […]