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Wall Street just found another recession signal
Real business investment has declined in the US for the third straight quarter, Credit Suisse pointed out in a note to clients on Tuesday, and there's reason to believe that something might be going on...
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Mobileye, Delphi aim to release self-driving system in 2019
By Ankit Ajmera and Paul Lienert(Reuters) - A new technology partnership between top auto suppliers Mobileye NV and Delphi Automotive Plc could pull ahead production of self-driving cars to late 2019,...
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Meet the matchmaker who sets up Goldman Sachs bankers for a £9,000 annual fee
Long hours and heavy workloads mean that bankers, brokers, lawyers, and accountants rarely meet anyone outside of the corporate jungle.While many professionals in those industries try online dating,...
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Bed Bath & Beyond paid less than $30 million for One Kings Lane, a startup...
At its peak, One Kings Lane was worth $900 million, nearly a member of the exclusive billion-dollar startup club. But when it was bought by Bed Bath & Beyond in June, it sold for about 3% of its...
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Here's how Viacom boss Philippe Dauman's whopping $72 million severance deal...
Viacom confirmed on Saturday that chief executive Philippe Dauman will leave on 13 September after his bitter dispute with owner Sumner Redstone.Now, a Securities and Exchange Commission filing has...
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The 10 highest-paying finance companies in America
Some industries are known for paying employees better than others.Finance is one of them.To find which banks and financial services companies are most generous when it comes to compensation, Glassdoor...
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12 things every guy should keep at his desk
.Join the conversation about this story »NOW WATCH: MALCOLM GLADWELL: ‘Anyone who gives a single dollar to Princeton has completely lost their mind'
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One of the most popular trades in the world is no longer profitable
We're living in a world of negative interest rates. Central banks from Japan to Switzerland have implemented negative rates in a bid to catalyse economic growth, sending investors scurrying to find...
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Android Pay finds its first loyalty partner in Walgreens (WBA, GOOG, GOOGL)
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.Walgreens, the U.S. pharmacy chain with more than 8,000 stores, will become...
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Crude oil spikes on fresh reports that Iran wants to play nice with OPEC...
Crude oil is spiking Tuesday morning on fresh rumors of coordinated action from OPEC. According to Reuters, Iran has sent signals that it might support joint action on oil production in order to boost...
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4 easy ways to tell if you're actually in a good barbershop
You're in a new city and away from your typical barber, yet you find yourself in sudden need for a fresh cut. How do you know who to trust with your hair?Sure, you could try and do some Googling for...
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Bentley's ultra-luxurious Bentayga SUV has a year-long backorder— here's what...
The Bentley Bentayga is a hot commodity right now.The Bentayga, a luxury SUV loaded with innovative features, is slated to become Bentley's top seller and help double Bentley's annual US sales,...
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One eye-popping number shows why there were so many car ads during the Olympics
If it felt like nearly every ad was a car ad during NBC's Olympics broadcasts, you're not far off.The industry spent more than $159.5 million on TV advertising during the games – more than any other...
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Jennifer Lawrence is the year's highest-paid actress once again
Jennifer Lawrence is the highest-paid actress in the world for a second straight year.According to Forbes' annual top 10 list, the Oscar winner banked $46 million before taxes over 12 months. Though...
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Credit cards are going the way of fax machines
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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Tesla will announce a new product today
Tesla is gearing up to announce a new product Tuesday afternoon.CEO Elon Musk tweeted that the product announcement will come at 12 p.m. PT/ 3 p.m. ET. We don't know for certain, but it could be an...
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VIDEO: Top fintech CEOs talk Brexit, blockchain hype, and the LendingClub crisis
Anthemis, a fintech VC and strategic advisory firm with offices in London and New York, recently held its fifth annual "Hacking Finance Retreat," a get together of fintech founders, big institutions,...
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The biggest buyers of gold aren't buying like they used to (GLD, GLX)
The world's central banks are still net buyers of gold, but they may be slowing down those purchases. Central banks bought an estimated 166 tonnes of gold and sold 22 tonnes in the first half of 2016,...
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U.S. crude stocks rise unexpectedly as refineries cut output
(Reuters) - U.S. crude stocks rose last week as refineries cut output, while gasoline and distillate stocks rose modestly, the U.S. Energy Information Administration said on Wednesday.Crude inventories...
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Furious Costco customers are still threatening to cancel memberships over...
When Costco began transitioning from American Express to Visa as its exclusive credit card partner in June, delays and confusion had customers threatening to cancel their memberships.Now, two months...
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