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Shayanne Gal/ Business Insider Business Insider compiled an exclusive list of the top 12 venture-capital firms making deals in the cannabis industry. Subscribe to read the list here. Ever since Colorado legalized cannabis for all adults in 2014, the cannabis industry has blossomed, with a multitude of companies competing to scale up as more states legalize the […]
Elon Musk puts Tesla in the black, cities rein in scooters, and a car engineer spends a lot of time throwing up. https://media.wired.com/photos/5be608030eb20a52df543cb8/master/pass/Virgin_Hyperloop_One_14.jpg
The Fed’s ex-boss joins those expressing concern
INVENTORS OF FINANCIAL terminology have little love for language. “Leveraged loans” are at first sight a tautology: in fact they are loans, usually arranged by banks among a syndicate of lenders, to highly indebted companies. “Collateralised loan obligations” (CLOS) are another mouthful. These are not abstract nouns but legal entities, run by asset managers, private-equity […]
What will happen when its growth slows?
IT HAS been a nervy few days for financial markets. A sell-off in bond markets, prompted by monetary tightening in America, this week infected global stockmarkets, too. The S&P 500 share-price index fell by over 3% on October 10th, its worst day in eight months. Markets in Shanghai hit their lowest level for nearly four […]
AP Kroger easily topped first-quater expectations on Thursday. Digital sales spiked 66% over the previous quarter as Kroger faces increasing competition from Amazon. The stock surged more than 8% in early trading. Follow Kroger’s stock price in real-time here. Kroger surged more than 9% early Thursday after the US’s largest grocery chain posted earnings that […]
Nvidia just reported record quarterly revenue of $ 3.21 billion for the three-month period that ended April 29. That is up 66 percent year-over-year from $ 1.94 billion. Increased demand for GPU-based artificial intelligence is one of the key factors driving Nvidia’s growth, but the company also saw huge jumps in spending in its gaming […]
If you’re a fan of a traditional sports team, you know that those franchises have no shortage of ways to get you to spend your money to express your fandom. You can buy tickets, merchandise such as jerseys and inflatable thumbs, and other kinds of licensed stuff, and all of that adds up to a […]
While the weaker pound may be causing a bit of a headache for Brits wanting to travel abroad, overseas visitors are being enticed by better exchange rates. What’s more, Britain is growing into a ‘staycation nation’ with 93 per cent deciding to holiday at home at least once this year, research from Wonga shows. As […]
