• Startup uses remittances to remove 'time and distance' from health care
    Yahoo Finance

    Startup uses remittances to remove 'time and distance' from health care

    Hoy Health launched less than two years ago, but sees strong growth potential in paving the way to the Latin American health care market.

  • Amazon Web Services creates 500 jobs in Germany
    Reuters

    Amazon Web Services creates 500 jobs in Germany

    AWS, which grew out of the technology that runs Amazon's e-commerce platform, is gaining scale in Germany after addressing concerns about privacy that led many manufacturing firms to keep their servers on-site. "Those clients have overcome those compliance and security constraints and are now in catch-up mode," said Klaus Buerg, general manager of AWS in Germany, Austria and Switzerland. AWS has received a cloud computing security certification from Germany's cyber-security authority, providing assurances that data is safe even if it is hosted on remote servers outside the country.

  • Financial Times

    Can Jamie Dimon’s magic touch weather the bad times ahead?

    JPMorgan’s share price hit an all-time high of nearly $119 late last week, cementing its dominance of the world ranking by market capitalisation. In Jamie Dimon, the larger-than-life bank has a larger-than-life boss — and has had for the past 14 years. Mr Dimon may be the last true example of the species.

  • Financial Times

    Apple has day in court over Irish tax bill

    If all goes to plan for Apple, this week will be all about the iPhone 11. The accusations emerged in 2016 when the European Commission said Apple and Ireland had created an “artificial” profit arrangement enabling the iPhone maker, in defiance of EU law, to pay a tax rate of less than 1 per cent. Murmurings in Brussels’ favour could generate negative headlines for Apple and embarrass chief executive Tim Cook, who has tried to present the company as being on the side of consumers against other tech giants with its emphasis on privacy and security.

  • Federal Reserve Meeting: Can the Party Continue?
    Market Realist

    Federal Reserve Meeting: Can the Party Continue?

    The Federal Reserve meeting is scheduled for September 17-18. At its last policy meeting in July, the Fed lowered rates by 25 basis points.

  • Financial Times

    Takedown by Elliott’s Paul Singer of AT&T is on the money

    In fact, I think the old sobriquet, “corporate raiders”, was more accurate. The telecoms group, which orchestrated a controversial and ill-advised merger with Time Warner last year, is an underperforming, mismanaged dodo bird of a company — big enough to have racked up $190bn in debt yet not large enough to fend off the Big Tech apex predators ready to eat its lunch. in AT&T, says the company “not only failed to keep pace with the broader market, but has actually underperformed by over 150 percentage points” over the past decade.

  • Financial Times

    Deutsche Bank joins JPMorgan-led blockchain network

    , in a move that will lower costs at the German bank and give global heft to a system created to speed up cross-border payments. The JPMorgan Chase-led Interbank Information Network (IIN) will this week announce Deutsche as a new recruit to a network of 320 banks which have agreed to swap information on global payments over blockchain, the mutually distributed ledger technology behind cryptocurrencies. Most of IIN’s existing members are banks who use JPMorgan as a correspondent bank to process dollar payments on behalf of their clients.

  • Financial Times

    New York finds common ground

    Mixed messages emerged from New York Fashion Week’s Spring/Summer 2020 collections. On one hand, there was a pronounced focus on easy wardrobe staples, with plenty of garments that promised longevity beyond a single season. Designers such as Ashley and Mary-Kate Olsen of The Row, Brandon Maxwell, Gabriela Hearst and Ralph Lauren know the appeal of timeless clothes well.

  • Financial Times

    Central banks to grill Facebook over Libra

    Facebook will be quizzed by global regulators on its planned Libra coin project amid concerns from EU governments over the threat the digital currency poses to financial stability.  Representatives of ...

  • AAPL Ecosystem is Growing Fast, Growing Good
    Market Realist

    AAPL Ecosystem is Growing Fast, Growing Good

    Last year, Apple (AAPL) was the first publicly listed company to be valued at a trillion dollars. The tech giant has been an innovator since its inception.

  • Is Apple Arcade a Threat to Gaming Companies?
    Market Realist

    Is Apple Arcade a Threat to Gaming Companies?

    Apple Arcade (AAPL) is a subscription gaming service that was unveiled at Apple’s annual event last week. The service will launch on September 19.

  • Google Agrees to $1 Billion Settlement with France
    Market Realist

    Google Agrees to $1 Billion Settlement with France

    Google has agreed to make a one-time settlement of over $945 million euros to the French ministry. The ministry accused Google of evading taxes.

  • Walmart (WMT) Up 4.2% Since Last Earnings Report: Can It Continue?
    Zacks

    Walmart (WMT) Up 4.2% Since Last Earnings Report: Can It Continue?

    Walmart (WMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Investing.com

    3 Things Under the Radar This Week

    1\. Shale Production Momentum to Continue

  • Financial Times

    WeWork overhauls corporate governance in bid to save IPO

    The group said on Friday that it would reduce Mr Neumann’s outsize control of the company by cutting his voting rights from 20 votes a share to 10 and cancel the supervoting shares entirely in the event of his death. The governance changes, however, still keep WeWork firmly under Mr Neumann’s control, the filing noted. WeWork also said no member of Mr Neumann’s family would sit on the board and it removed the role of his wife, Rebekah, in choosing a successor in the event of his death.

  • Apple has sour reaction to Goldman Sachs' analyst note
    Reuters

    Apple has sour reaction to Goldman Sachs' analyst note

    Apple Inc struck out at a Goldman Sachs Group Inc analyst on Friday in a relatively rare public dust-up between a blue chip Wall Street firm and its client. The disagreement came after Goldman Sachs analyst Rod Hall criticized Apple's accounting methods for the tech giant's new TV+ product, saying in a research note that it may result in lower gross margins and profits. A Goldman spokeswoman declined to comment or to make the analyst available for interview.

  • Is Tesla Bear Jim Chanos Buying Something New?
    Market Realist

    Is Tesla Bear Jim Chanos Buying Something New?

    Jim Chanos, the founder and president of Kynikos Associates, is a long-time short-seller of Tesla stock. Tesla stock has fallen 17.5% in the last year.

  • Disney CEO Bob Iger resigns from Apple board as TV battle looms
    Reuters

    Disney CEO Bob Iger resigns from Apple board as TV battle looms

    Iger departed Apple's board the same day the company revealed new details about Apple TV+, a $4.99-per-month service that will launch on Nov. 1. Apple is spending billions in Hollywood to secure original programming for the service. The monthly subscription price for Apple TV+ undercuts Disney, which earlier this year announced its own streaming service that will feature its iconic children's content and cost $6.99 per month.