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Everyone on Wall Street has gotten a little too excited about a 'game...
You may have noticed that Wall Street has gotten pretty excited about blockchain. Blockchain is the technology behind bitcoin. Wall Street wants to use blockchain to simplify the way it processes...
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Visa drops earn-out portion of Visa Europe deal, cuts forecast
(Reuters) - Visa Inc, the world's largest payments network operator, said it increased the cash consideration of its deal to buy Visa Europe and eliminated the earn-out portion.The company lowered its...
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'MILLION DOLLAR LISTING’ STAR: I understand why people hate dealing with NYC...
New York City real estate brokers don't have a great reputation. Most people cringe at the thought of working with them while searching for a new apartment.Luis D. Ortiz, top New York City broker and...
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Canada should not hold up CSeries aid over jobs: union
By Allison LampertMONTREAL (Reuters) - A $1 billion Canadian government aid package for Bombardier Inc should not be delayed over fears that the plane-and-train maker could outsource jobs to Mexico or...
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A huge shift in the Android market is hurting Microsoft (MSFT, GOOG)
Microsoft missed earnings expectations by a couple of cents per share on Thursday afternoon because of an unexpected tax adjustment that skimmed $0.04 off its earnings per share.In the release,...
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Here's how payments companies are using digital technology to reach the un-...
More than 2 billion adults worldwide, in both developed and developing countries, lack adequate access to banking services. Of this group, the majority isn’t excluded by choice; rather, cost, distance,...
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Microsoft stock belly-flops on earnings miss, tax hit, and weak guidance (MSFT)
Microsoft just reported earnings for the quarter ended March 31, and while it was more or less in line with expectations, the stock dropped more than 5% after hours.Basically, revenue growth has slowed...
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The first tech IPO of the year already looks like a bummer
SecureWorks, the cybersecurity firm owned by Dell, is expected to IPO on Friday, but at a much lower price than was initially expected.According to Dow Jones, SecureWorks is pricing its initial public...
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Daimler opens probe into U.S. emissions certification process
(Reuters) - Daimler AG said on Thursday that it will be conducting an internal investigation into the certification process related to exhaust emissions in the United States upon the request of the...
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Luxury accessories brand MCM sees $2 billion sales in five years
By Astrid Wendlandt and Joyce LeeSEOUL (Reuters) - MCM, the German accessories brand owned and run by one of South Korea's best-known female entrepreneurs, Sung-Joo Kim, aims to more than double sales...
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Mitsubishi Motors manipulated mileage data on electric car: Sankei
TOKYO (Reuters) - Mitsubishi Motors Corp manipulated fuel economy data on its i-MiEV electric car and may have also misstated data on four other models, the Sankei newspaper reported on Friday.The...
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Asian shares sag after cloudy U.S. earnings outlook
By Hideyuki SanoTOKYO (Reuters) - Asian shares slid from a 5 1/2-month high on Friday as disappointing earnings from U.S. blue chip companies looked set to pour cold water on the rally that took off in...
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Electric-car startup Faraday Future could introduce its first production...
Since the company made its public debut at the Consumer Electronics Show in Las Vegas, Faraday Future has made a point of building its profile quickly.So far, the California-based startup has bought...
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GM blows away expectations as SUV boom continues to drive profits (gm)
General Motors reported first-quarter 2016 earnings on Thursday, and they were a beat: the automaker earned $1.26 per share.Net revenue was $37.3 billion for the quarter, versus $35.7 a year...
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Oil prices set for one of the biggest weekly rises in 2016
By Henning GloysteinSINGAPORE (Reuters) - Oil prices rose in Asian trade on Friday, setting crude futures on course for one of their biggest weekly gains this year, as sentiment has become more upbeat...
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Fintech firms could find surprising exit thanks to this unlikely major player...
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.The arrival of the age of fintech is about to shake up the financial...
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Here's what you get when you order 'Omaha Steaks' in the mail
We unboxed a delivery from Omaha Steaks. This combo includes two T-bones, caramel apple tartlets, fries and steak seasoning. Produced by Joe AvellaFollow BI Video: On TwitterJoin the conversation about...
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SunEdison plans to keep investments in Latam solar market
SAO PAULO (Reuters) - U.S. renewable energy company SunEdison Inc hopes to maintain its investments in Latin America's solar energy market despite filing for bankruptcy on Thursday, a senior executive...
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This is the new bestselling sports car in the world
The world has spoken. It has used its various forms of currency to declare the Ford Mustang as the best selling sports car on the planet. Last year marked the first time that the Mustang has ventured...
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The guy who may take over Valeant is walking from crisis to crisis
Valeant Pharmaceuticals is on the verge of hiring a new chief executive.His name is Joe Papa, and he's currently the CEO of over-the-counter drugmaker Perrigo.Wall Street might've been surprised by...
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