Strong growth data obscure a probable slowdown to come

FINANCIAL MARKETS may have wobbled in recent weeks—the S&P 500 fell by 7.3% in October. But America’s real economy still seems to be in rude health. Figures released on October 26th showed economic growth of 3.5%, at an annualised rate, in the third quarter of 2018. Most economists had expected a sharper slowdown after the […]

Norwegian Air Expected to Slow Growth Amid Weak Earnings

Norwegian Air Expected to Slow Growth Amid Weak Earnings Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not […]

LinkedIn co-founder Reid Hoffman shares his secret for fast growth and getting ahead of the competition

Shutterstock Startups can be just as risky as they are promising — 20% of small businesses fail in just their first year. But Reid Hoffman, venture capitalist and co-founder of LinkedIn, has a method for success that bucks tradition. “Blitzscaling,” as Hoffman calls it in his new book, means prioritizing speed over efficiency in the face […]

CEO of the beverage giant behind Corona: Cannabis is one of the ‘most significant’ growth opportunities of the next decade

Corona Beer on Instagram Constellation Brands’ CEO Rob Sands is “extremely bullish” about the burgeoning cannabis industry. He defended the company’s $ 4 billion purchase of a 38% stake in Canopy Growth on a call with investors on Thursday. “We’re not playing defense, we’re playing offense,” Sands said.  The beverage giant behind Corona and Modelo […]

How and why the payments industry will experience massive growth over the next five years

The payments ecosystem is undergoing a period of digital transformation, which will spur tremendous growth in money moved around the globe in the next five years. Consumers and businesses will make 841 billion noncash transactions worldwide in 2023, up from 577 billion in 2018. The next five years will mark a pivotal transformation in how […]

Shake Shack beats, but warns delayed restaurant openings will slow revenue growth (SHAK)

Instagram / Shake Shack Shake Shack beat on both the top and bottom lines. The burger chain said delays in new restaurant openings would weigh on revenue growth this year. It maintained its full-year revenue forecast, which was below Wall Street estimates. (Reuters) – Shake Shack said on Thursday that delays in new restaurant openings would slow revenue […]

Samsung’s profit growth slows in Q2 2018 despite stellar chip sales

(Reuters) — Samsung Electronics posted its slowest quarterly profit growth in more than a year on Tuesday as the sluggish global smartphone market weighed on earnings, although the chip business continued to perform well. Operating profit for the world’s biggest chipmaker and smartphone maker rose 5.7 percent to 14.9 trillion won ($ 13.3 billi…Read More