January 26, 2021
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India’s Fears Of A ‘Taper Tantrum’ Have A History Problem
Asia Business Editors' Pick Investing Markets Money Policy

India’s Fears Of A ‘Taper Tantrum’ Have A History Problem

admin January 25, 2021

Share to Facebook Share to Twitter Share to Linkedin Raghuram Rajan, Governor of Reserve Bank of India, after the 555th Central Board meeting at RBI ... [+] office, where he said that RBI is expecting a zero to 25 basis points hike in U.S. Fed rates on December 11, 2015 in Kolkata, India. Indranil Bhoumik/Mint via Getty Images On any list of the globe’s most intriguing economic thinkers these last 15 years, former Reserve Bank of India Governor Raghuram Rajan deserves a place up high. Rajan was among the earliest high-profile economists warning of the 2008 subprime-debt crisis to come. At the time, investors Read More

Box Office: ‘Wonder Woman 1984’ Exits HBO Max With Under $150M Worldwide
Business Editors' Pick Hollywood & Entertainment hollywood&entertainment

Box Office: ‘Wonder Woman 1984’ Exits HBO Max With Under

admin January 24, 2021

Gal Gadot in Patty Jenkins' 'Wonder Woman 1984' Warner Bros. Wonder Woman 1984 leaves HBO Max after today, completing its “available in theaters and on streaming for the first 30 days of its domestic theatrical run” obligation. It’ll be in theaters only until it begins its conventional post-theatrical (EST, VOD, DVD, etc.) lifespan. Alas, the superhero sequel has earned just $37.663 million domestic after a month of play. That’s less than the first Wonder Woman’s $38 million opening day in 2017 and a mere 2.25x weekend-to-final multiplier. It’ll finish with a multiplier about on par with Man of Steel ($291 million from a $128 Read More

‘Godzilla Vs. Kong’ Trailer Is More ‘Freddy Vs. Jason’ Than ‘Batman V Superman’
Business Editors' Pick Hollywood & Entertainment hollywood&entertainment

‘Godzilla Vs. Kong’ Trailer Is More ‘Freddy Vs. Jason’ Than

admin January 24, 2021

Godzilla Vs. Kong Courtesy of Warner Bros. Picture We finally have a trailer for Godzilla Vs. Kong. Right in time for the 30th anniversary of The Silence of the Lambs, Godzilla is on a killing spree, and humanity has no choice but to send a monster to catch a monster. The monster is a “perfectly content to not bother anyone on Skull Island” King Kong. I guess Mothra (who survived King of the Monsters) is either on Godzilla’s squad or incapacitated. Oh god, we might actually get a “Must save… Mothra!” moment. That would be as amazing as when Read More

Apple Supplier Foxconn To Build $270 Million Plant In Vietnam Amid U.S.-China Tensions
/worlds-billionaires Asia Billionaires Business Editors' Pick Entrepreneurs Innovation Leadership Manufacturing Money

Apple Supplier Foxconn To Build $270 Million Plant In Vietnam

admin January 22, 2021

Share to Facebook Share to Twitter Share to Linkedin Terry Gou, founder of Foxconn. Simon Song/South China Morning Post via Getty Images Taiwan’s Foxconn Technology, which manufactures electronics for Apple, this week received a license from the Vietnamese government to build a $270 million plant to make laptops and tablets in the Southeast Asian nation amid U.S.-China tensions. The new plant, which will be developed by Foxconn subsidiary Fukang Technology, will be located in the rural province of Bac Giang, just outside Hanoi, and will be able to manufacture eight million units annually, according to the Vietnamese Read More

6 Big Numbers Showing The Stock Market’s Wild Rise Since Biden Was Last In The White House
Breaking breaking-news Business Editors' Pick Investing Markets Money Policy

6 Big Numbers Showing The Stock Market’s Wild Rise Since

admin January 19, 2021

President-elect Joe Biden speaks to reporters before boarding his campaign plane at Nashville International Airport on October 22, 2020. Getty Images Boosted by the best stock market performance between Election Day and Inauguration Day in more than five decades, President-elect Joe Biden is set to inherit the largest U.S. stock market on record when he takes office Wednesday. But before Biden is sworn in as the nation's 47th president, here's a look at the stock market's record-breaking growth since he was last in the White House in 2017. $40 trillion That's the market value of all U.S. stocks Read More

Poll: Most American’s Think Biden Handled The Transition Well But Opinions Split Along Party Lines
Breaking breaking-news Business Editors' Pick Election 2020 Policy

Poll: Most American’s Think Biden Handled The Transition Well But

admin January 19, 2021

Share to Facebook Share to Twitter Share to Linkedin Topline After a polarizing election campaign and uncooperative transition, President-elect Joe Biden is set to enter the White House with strong approval ratings for his handling of the transition period but faces a country with deeply divided expectations for the next four years and is doubtful whether the incoming president will be able to heal deep political divisions, according to a new poll released by CNN Tuesday. Most Americans think Biden handled the transition well. Getty Images Key Facts Two-thirds of Americans approve of Biden’s handling of the transition period, Read More

Microsoft Partners With GM-Backed Cruise On Robotaxi Tech, Joins $2 Billion Funding Round
AI autos Big Data Breaking breaking-news Business cloud Editors' Pick Innovation Transportation

Microsoft Partners With GM-Backed Cruise On Robotaxi Tech, Joins $2

admin January 19, 2021

Share to Facebook Share to Twitter Share to Linkedin Cruise cofounder and CTO Kyle Vogt unveils the Origin electric driverless shuttle in San Francisco. © 2020 Bloomberg Finance LP Cruise, the San Francisco-based robotaxi developer backed by General Motors, is getting financial and technological support from Microsoft to help it commercialize the autonomous ride service its developing.  The tech giant is joining a new $2 billion funding round for Cruise, which also includes backing from Honda and institutional investors, and is making its cloud computing platform Azure available for the company’s developers. With the new investment round, Cruise estimates its valuation is Read More

Samsung Billionaire Heir Jay Y. Lee Sentenced To 2.5 Years In Prison For Bribery
/worlds-billionaires Asia Billionaires Business Editors' Pick Innovation Leadership robertolsenblog

Samsung Billionaire Heir Jay Y. Lee Sentenced To 2.5 Years

admin January 18, 2021

Share to Facebook Share to Twitter Share to Linkedin Jay Y. Lee, vice chairman of Samsung Electronics, arrives at the Seoul Central District Court on ... [+] January 18, 2021 in Seoul, South Korea. Chung Sung-Jun/Getty Images Jay Y. Lee, the heir to South Korea’s largest conglomerate, was sentenced on Monday to two-and-a-half years in prison. The vice chairman of Samsung Electronics had been convicted of bribery and was first jailed in 2017, but the terms of the sentence were reduced and suspended on appeal. Lee, 52, was convicted in 2017 for bribing the confidante of former president Park Geun-hye in a corruption scandal that Read More

Jeff Bezos Once Again The World’s Richest Person After Rollercoaster Week
/worlds-billionaires Asia Billionaires Breaking breaking-news Business Editors' Pick Healthcare Innovation Markets Money Retail

Jeff Bezos Once Again The World’s Richest Person After Rollercoaster

admin January 16, 2021

THE CHANGING FORTUNES OF THE WORLD’S RICHEST A mazon chief Jeff Bezos ended a bumper car week against Tesla founder Elon Musk by once again becoming the world’s richest person, with an estimated net worth of $181.5 billion (despite his fortune falling $1.4 billion on Friday). The two men traded places nearly every day this past week for the top spot on our Real-Time Billionaires list.  Markets opened lower Friday after President-elect Joe Biden released the details of his proposed $1.9 trillion coronavirus relief package in a speech the previous night, with investors likely reacting to the potential of a second Read More

Every Liam Neeson Action Movie Since ‘Taken,’ Ranked From Worst To Best
Business Editors' Pick Hollywood & Entertainment hollywood&entertainment

Every Liam Neeson Action Movie Since ‘Taken,’ Ranked From Worst

admin January 15, 2021

Liam Neeson arrives at the gala screening of Taken for the 7th annual edition of the TCM crime scene festival to mark the film's UK release, BFI Southbank, Belvedere Road, central London. (Photo by Ian West - PA Images/PA Images via Getty Images) PA Images via Getty Images While Taken was not the first time Liam Neeson had headlined an action movie (Darkman, Rob Roy and Star Wars: The Phantom Menace come to mind), the surprise sleeper smash over Super Bowl weekend 2009 began a new third-act for Neeson’s career. Not unlike Nicolas Cage, what began as a Read More

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