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China May official manufacturing PMI unchanged at 50.1
BEIJING (Reuters) - Activity in China's manufacturing sector expanded marginally in May, an official survey showed on Wednesday, slightly better than market expectations.The official Purchasing...
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Samsung Pay may launch in-browser payments (AAPL, GOOG, GOOGL)
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.Samsung is reportedly considering launching a new app, called Samsung Pay...
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It's ridiculously expensive to fly Air Force One
Taxpayers fork over $206,337 every hour the world's most famous plane is in flight, according to Freedom of Information Act (FOIA) documents obtained by the nonprofit Judicial Watch.The FY15 cost per...
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Immigrants are moving to these US cities
The US Census Bureau publishes annual estimates of population changes in the 381 government-defined metropolitan statistical areas in the country. Along with overall population change, the bureau also...
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Pilots reveal what it's like to fly an incredible solar-powered airplane...
Flying around the world fueled only by sunshine, the Solar Impulse is now two-thirds of the way through the first-ever attempt to fly around the world in a solar-powered aircraft.The plane is currently...
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Traditional banks may be in trouble due to digital banking
The BI Intelligence Content Marketing Team covers news & research we think you would find valuable.More millennials are moving toward digital banking, and as a result, they're walking into their...
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N.Y. Mets owners reach revised deal with Madoff trustee
NEW YORK (Reuters) - The owners of the New York Mets baseball team have reached a revised agreement with the trustee seeking to recoup money for the victims of Bernard Madoff's fraud that gives them...
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Apple Pay is rapidly trying to expand internationally (AAPL)
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.Apple Pay is “working rapidly” to expand and enter new markets across Europe...
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Don't count on this oil 'wild card' coming back anytime soon
Libya has been the big supply "wild card" this year.Over one million barrels a day have been shut-in amid political and security challenges over the last 12 months, keeping production stagnated around...
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AIG must face Pimco lawsuit over financial crisis losses
By Jonathan Stempel(Reuters) - American International Group Inc failed to persuade a California judge to dismiss a lawsuit by Pacific Investment Management Co that accuses AIG of lying about its...
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Gundlach's DoubleLine reaches $100 billion in assets under management in May
By Jennifer AblanNEW YORK (Reuters) - Jeffrey Gundlach's DoubleLine Capital reached $100 billion in assets under management last month, the Los Angeles-based firm said on Wednesday.DoubleLine also said...
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You won’t recognize the new world of digital payments without this report
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
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'It's not even close': Mark Cuban brags that he has much more in liquid...
Mark Cuban questioned Donald Trump's wealth during an interview on WABC's "The Bernie and Sid Show," BuzzFeed reported.The brash business mogul and owner of the NBA's Dallas Mavericks said that Trump's...
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ECB seen firmly on hold, set to raise inflation forecast
By Balazs Koranyi and Francesco CanepaFRANKFURT (Reuters) - Keeping interest rates firmly on hold, the European Central Bank will probably raise growth and inflation forecasts on Thursday, a rare...
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ANTHONY SCARAMUCCI: Trump will govern by putting lots of ideas on a...
I wrote Tuesday about Donald Trump as a major source of negative tail risk— that is, while he might be likely to be a bad president, we should worry more about the possibility that he will be a very,...
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Baby boomers are buying a lot of 2016's hottest investment product
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Baby boomers are buying a lot of 2016's hottest investment product...
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FED: Everywhere we look the job market is tight (USD, TLT, TLO, DXY)
The labor market looks tight everywhere the Federal Reserve turns.Its latest Beige Book released Wednesday contained anecdotes from its 12 districts on their regional economies.Most places noted that...
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VW's only bright spot is a car that was once its biggest flop
Volkswagen's struggle to sell cars in the US continues with the automaker's latest data showing sales have plummeted another 17.2% in May.For the year, VW sales are down more than 13% compared to last...
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Early days, but Apple Pay struggles outside U.S
By Matt Siegel, Jeremy Wagstaff and Eric Auchard(Reuters) - More than 18 months after Apple Pay took the United States by storm, the smartphone giant has made only a small dent in the global payments...
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Anti-graft group says drugmakers failing to tackle corruption
LONDON (Reuters) - The global pharmaceuticals industry remains open to corruption abuse, despite a raft of scandals in recent years, with both companies and governments failing to tackle the issue...
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