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7-Time Founder’s Wasabi Technologies Aims At Amazon In $70B Cloud Market
A Boston startup is growing at 20% a month targeting Amazon Web Services S3 by offering storage that's six times faster and 80% cheaper. AWS does not seem worried. ... read more
Mysterious Great Blue Hole Becomes Even More Mysterious
Axelspace Corporation [CC BY-SA 4.0], via Wikimedia CommonsA team of researchers conducted an expedition into the mysterious Great Blue Hole, a large and mesmerizing marine sinkhole in Belize. They utilized ... read more
Mortgage rates level off after three weeks of declines
The 30-year fixed-rate average was unchanged at 4.35 percent. ... read more
“No Deal” North Korea A Reminder That A China Trade Deal Won’t Be Easy
The market thinks Trump won't wake away from a weak China deal. He just walked away from one with North Korea. ... read more
Why we Invested in Prime Factor Capital
www.primefactor.capitalAs a private investor, I try to take a portfolio approach to thinking about and managing my (read: our family’s) assets. When I decided to do some family financial planning ... read more
Spotlight On Prudential: Building A More Just And Shared Prosperity
We’re unpacking the policies and practices behind top performing companies in a new spotlight series on the companies that best reflect the priorities of the American public. First on the ... read more
Why The Silicon Carbide Business Could Be A Big Growth Driver For Cree
Semiconductor producer Cree has been steadily reducing its reliance on the competitive and commoditized lighting market while pivoting to power and RF products under its Wolfspeed segment. ... read more
Is An Earnings Recession On The Way?
There is a chorus of equity analysts suggesting that earnings growth could easily tip into recession this year, but the potential for upside surprises is being ignored. Given the market ... read more
How The Parts Add Up: The iShares Russell Mid-Cap Value ETF Targets $96
For the iShares Russell Mid-Cap Value ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $95.56 per unit. ... read more
Zūm Raises $40M To Help Schools Save Money On Transportation
Let’s be honest: Shuttling kids back and forth from school to sports or other activities and then back home again can often feel like a full-time job for parents in ... read more
DealBook Briefing: Could Trump Cave Too Easily on a China Trade Deal?
As the talks wear on, key demands could be softened in order to seal an agreement. ... read more
Trump’s mansion mark-up
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The European refinancing dilemma
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New Patisserie Valerie directors leave weeks after rescue
Chief executive and chief commercial officer shown exit by private equity backers ... read more
Yes, Rep. Meadows, black people have willingly worked for racists
Out of economic necessity, black workers have long worked for employers who were racist. ... read more
AB InBev Has to Defend a $133 Billion Bar Tab
Investors breathed a sigh of relief that a big write-down was not announced. But the brewer’s astronomically high goodwill is a risk. ... read more
Dents Begin to Show at Top End of Classic Car Market
Million-dollar-plus autos are selling less often at auction, at the slowest pace since 2008, when the car insurer Hagerty started tracking this data. ... read more
Global funds reached for a bigger cash buffer in February: Reuters poll
Global funds recommended a bigger safety buffer in February, with cash holdings raised to their highest in more than three years and equity allocations cut to the lowest in nearly ... read more
The European refinancing dilemma
Will the central bank renew its 720bn of loans to European banks? ... read more
DealBook Briefing: Cohen Trashes Trump’s Business Image
Testimony from the president’s former personal lawyer painted an unflattering picture of how the Trump Organization has been operated. ... read more
People moves: More changes at State Street; JP Morgan hires ESG leader
State Street, JPMAM, Jupiter, Clara-Pensions, Franklin Templeton, AMX, Cambridge, Robeco, NIBC, K3, XPS, Mediolanum ... read more
Donald Trump’s diplomatic Vietnam
North Korea’s Kim Jong Un has out-manoeuvred the US president ... read more
Canada’s CIBC posts bigger-than-expected earnings decline
TORONTO, Feb 28- Canadian Imperial Bank of Commerce, Canada's fifth biggest-lender, on Thursday reported a bigger-than-expected decline in first-quarter earnings, reflecting slower growth at its domestic business. The bank reported ... read more
AbCellera and Denali Therapeutics Sign Expanded Multi-Year, Multi-Target Deal to Discover Therapeutic Antibodies for Neurological Diseases
VANCOUVER, British Columbia — AbCellera today announced an expanded collaboration with Denali Therapeutics Inc. (NASDAQ:DNLI) to discover antibodies as therapies for neurological indications. AbCellera will generate panels of ... read more
Entersekt Survey: Two-thirds of Consumers Favor Single Mobile App for Banking and Payments Over Cash and Physical Cards
ATLANTA — Entersekt today released a few initial findings from its survey conducted online by The Harris Poll earlier this year. The innovator in mobile-first fintech solutions commissioned ... read more
TD Q1 earnings up 2.4% but miss expectations amid loyalty program charge
Toronto-Dominion Bank increased its dividend as it reported a 2.4 per cent uptick in first-quarter profits to $2.41 billion. TD Bank increased its quarterly payment to common shareholders by seven ... read more
Stantec Announces Fourth Quarter and Full Year 2018 Results and Dividend Increase
EDMONTON, Alberta & NEW YORK — Stantec today announced its financial results for the quarter and year ended December 31, 2018. “For Stantec, 2018 was a year of transition ... read more
CIBC hikes dividend as declining profit misses expectations
TORONTO — The Canadian Imperial Bank of Commerce hiked its dividend as it reported its first-quarter profit fell to $1.18 billion, down 11 per cent from $1.33 billion a year ... read more
Pakistan to release Indian air force pilot in ‘peace gesture’
Step by PM Khan aimed at easing dramatic flare up in tensions between nuclear powers ... read more
Trading Fairways for Straightaways at Automotive Country Clubs
Well-to-do collectors have some deluxe clubs where they can store and drive their cars, including Monticello in New York and Autobahn outside Chicago. ... read more
#Interview – So soll der millionenschwere Bitwala-STO ablaufen
Das junge Berliner Startup Bitwala positioniert sich als Bankkonto mit eingebauter Bitcoin Wallet. Also als digitales Portemonnaie für den Handel mit Kryptowährungen. Bekannte Geldgeber wie der High-Tech Gründerfonds, Coparion, ... read more
Aston Martin sets aside £30m for Brexit as costs hit profit
Luxury carmaker posts pre-tax loss of £68m for 2018 as it warns of prolonged uncertainty ... read more
The business case for gender diversity: GTR Women in Trade Finance in Dubai
Driving gender diversity and inclusion is not only the right thing to do – it also makes good business sense. That was one of the key points made by Rana ... read more
German cyber chief backs ‘no spy’ deal over Huawei
Remarks suggest Berlin could allow Chinese company to take part in network roll-out ... read more
Report: Interac e-Transfer transactions increase 54 percent in 2018
Interac has released its stats for 2018, its findings show a 54 percent increase in transactions from 2017. Between consumers and businesses, more than 371 million Interac e-Transfer transactions occurred ... read more
H|T: The Healthtech Times – Reshaping healthcare with robotics
The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using the form at the bottom of this page to ensure ... read more
Column: Illinois budget debate raises key questions on taxing retirement income
Greetings from Illinois, a state that never tops the rankings of places to retire. We have one of the great American cities, but also polar vortexes and an enormous state ... read more
There are opportunities in Indonesia’s banking landscape: Maybank
Feisal Zahir of Maybank Group says there is "a lot of growth potential" in Indonesia, and the country's banking landscape in Indonesia is "competitive." He also weighs in on economic ... read more
Experts: US anti-Huawei campaign likely exaggerated
Security experts say the U.S. government is likely exaggerating the threat it says the Chinese telecommunications giant Huawei poses to the world’s next-generation wireless networks. Washington has mounted an intense ... read more
Five things you should know before starting your work day on Feb. 28
Good morning, readers! Here’s what happened in business while the country was focused on Jody Wilson-Raybould’s SNC-Lavalin testimony yesterday. A first-ever Canadian whistleblower payout was made. The U.S. may hit ... read more
BMW, Daimler team up on automated driving technology
FRANKFURT — BMW and Daimler announced Thursday they will work together on developing the automated driving technology expected to transform the industry in the years ahead as automakers try to ... read more
How An India vs. Pakistan War Could Harm Their Economies
Image source: YouTube Video ScreenshotOn Wednesday, Capital Economics released the Emerging Asia Economics update which focused on the escalating crisis between India and Pakistan. Within the report, they summarized the ... read more
Mixed-use project with 490 apartments to rise in Northeast Washington
TOWN SQUARE | In addition to the new street grid, the first phase of Bryant Street will include a plaza, a dog park, a market building, outdoor seating areas and ... read more
Mirakl raises $70 million to manage the marketplace of your e-commerce website
French startup Mirakl raised a $70 million funding round. Bain Capital is leading the round with existing investors 83North, Felix Capital and Elaia Partners also participating. If you’ve bought a ... read more
Paris-founded cloud data management startup Odaseva raises $11.7 million
French-founded enterprise cloud management platform Odaseva has raised $11.7 million in a funding round led by Partech, with participation from new investor Salesforce Ventures and existing investor Serena. This capital ... read more
UK’s post-Brexit trading reality takes form with GPA membership and tariff rejig
With four weeks to go before the UK is due to leave the EU, British businesses are finally getting some clarity on their future trading environment, including confirmation of access ... read more
If JPMorgan Is Hurting, What Hope for Europe?
The U.S. bank’s warning should make its sickly counterparts in Europe shudder. ... read more
U-Turn For Uranium As U.S. Decides If Miners Pose National Security Threat
The radioactive material used in nuclear reactors was the best performing hard commodity in 2018. Renewed interest among investors in uranium has been sparked by a decline in supplies of ... read more
Further reading
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London housing slump sends Foxtons to first annual loss since IPO
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