Alibaba Group Holding Ltd. is teaming up with Shanghai Bailian Group Co., one of China’s largest supermarket and department store chains, as Jack Ma accelerates an effort to employ technology to shake up old-fashioned retail. Alibaba’s planning to help upgrade some of Bailian’s 4,700 stores across the country, integrating everything from customer relations to payment and logistics in a manner similar to its tie-ups with other players such as electronics chain Suning Commerce Group Co.
Day: February 19, 2017
Here are all the controversial things the Trump administration…
Inside the eye of this hurricane, however, Trump could soon face critical issues that have yet to fully materialize – like next week’s planned replacement of his rejected immigration executive order that is likely to be challenged in courts throughout the country. Trump was named in 42 federal lawsuits in his first 11 days as commander-in-chief, CNN reported earlier this month .
Apple’s Upcoming iPhone Helps Foxconn’s Gravity-Defying Act
Growing optimism about the next iPhone has propelled Apple Inc. to record highs. Halfway around the globe, a lesser-known Taiwanese company is riding that same wave of euphoria.
Talking to the machine
That is the language of computers. Every clever thing your computer does – make a call, search a database, play a game – comes down to ones and zeroes.
A $14 billion hedge fund is venturing where others fear to tread
Canyon Capital Advisors, a $14 billion Los Angeles-based investment firm set up Joshua Friedman and Mitchell Julis, sees a fresh money-making opportunity betting on corporate takeovers. At the same time, fewer investors are able to invest in these kinds of deals, which generally involves buying the stock of a company being acquired during a sale while selling off stock in the acquiring company.
11 insider facts most flight attendants know – and you…
But by talking to these veteran globetrotters, as well as scouring Reddit and various articles, we were able to unearth 12 lesser-known facts about flying. Whether you want more attentive service or to avoid getting kicked off your flight, read on for the inside scoop: Annette Long, a flight attendant with 13 years of experience, tells Business Insider that, though opening a door mid-flight is impossible to do, trying it will still get you into trouble.
Trump’s “Last Night in Sweden” Comment Prompts Speculation, May Relate to Fox News Segment
It has also been suggested that Trump’s comments may have come from a recent Fox News interview aired on Friday night with a documentary filmmaker named Ami Horowitz who said that refugees taken in by Sweden are raising the crime rate in the country. Swedes have been scratching their heads and ridiculing President Donald Trump’s remarks that suggested a major incident had happened in the Scandinavian country.
McCain: Dictators get started by ‘suppressing the free press’
Senator John McCain defended the free press on Saturday following President Donald Trump’s attacks on the media. I hate the press, I hate you especially,” McCain told NBC’s Chuck Todd on Saturday .
A top Wall Street bank is looking for the next generation of…
The bank finished 2016 ranked 10th globally for investment banking fees, according to Dealogic, 10th for mergers and acquisitions fees and 9th for equity capital markets revenues. The bank has historically been strong in Asia and in its home continent of Europe, but the US is a tough market to crack.
A former Navy SEAL shares the No. 1 leadership lesson he…
In a keynote address at the 2015 Lacrosse Convention in Baltimore, the former All-American defenseman at Syracuse and 13-year Navy SEAL said the best leadership lesson learned in military training was simple: ” Calm is contagious. ” Denver told the story of his final training exercise as a Navy SEAL, where students in training have to plan, organize and execute a mission all “under the watchful eye of the lunatic Navy SEAL instructor.”
28-year-old cofounder named to Forbes 30 under 30 shares his…
Maxim Razmakhin has always been an entrepreneurial spirit. When he was in college, he sold milkshakes out of his dorm room.
Scenting an opportunity
India has a large blind population. According to government data, more than five million people in the country are visually impaired.
The agency for disabled talent
Acting and modelling are notoriously fickle industries often trading on perfection, but in the 1990s one woman challenged the status quo by setting up a professional talent agency for disabled people. It was 1993 when Louise Dyson’s agency was approached by Sunrise Medical for disabled models to promote its wheelchairs.
Paralysed tractor driver: ‘It’s a lifestyle, not a job’
Matthew Evans worked as a tractor driver on his family farm in North Wales. Three years ago, he was hit by a car and paralysed from the chest down. It might have spelt the end of his working life, but Matthew had his tractor adapted with a hoist and special controls that he can work by hand.
5 Taboo Topics That the World’s Wealthiest People Won’t Discuss
When much of the world has the means to share any opinion it wants at any time, it’s far more challenging to find a topic that people won’t discuss A recent survey by international financial advisory agency deVere Group discovered that the wealthier classes covet civility as much as any luxury item. It recently asked 830 clients who have investable assets of more than $1.3 million which subject was the most difficult to discuss with family, friends and colleagues.
‘Lego Batman’ Stays No. 1, Conquers ‘The Great Wall’
“The Lego Batman Movie” commanded the Presidents Day weekend box office, staying No. 1 for the second straight week, while the China-focused “The Great Wall” failed to show much muscle in North America.
Kraft Withdraws Offer to Merge with Unilever
U.S. food company Kraft Heinz Co has agreed to withdraw its proposal for a $143-billion merger with larger rival Unilever Plc , the companies said on Sunday. Kraft had made a surprise offer for Unilever in a bid to build a global consumer goods behemoth, although it was flatly rejected on Friday by Unilever, the maker of Lipton tea and Dove soap.
SpaceX Launches Supply Rocket From Historic Apollo Pad
Elon Musk’s Space Exploration Technologies Corp. successfully launched its second rocket in as many months on Sunday, bringing it a 10th of the way to its goal of deploying 20 to 24 rockets this year. The Falcon 9 rocket that launched SpaceX’s Dragon spacecraft on Sunday separated minutes after liftoff and landed upright on Earth in its designated area.
Kraft Heinz withdraws $143B bid to buy Unilever
Despite rejection, ketchup, cheese and lunch meat maker Kraft Heinz said last week it was still interested in the deal. The deal would have brought together Kraft Heinz brands such as Oscar Mayer , Jell-O and Velveeta and Unilever’s Hellman’s, Lipton and Knorr.
Kraft Heinz Dumps Blockbuster Unilever Offer Before Things Get Fun
Kraft Heinz said on Sunday that it has agreed to withdraw its bid for Unilever . “Kraft Heinz’s interest was made public at an extremely early stage.
18 Really Cool Toys From This Year’s Giant Annual Toy Fair That You Must Have
The annual toy fair kicked off in New York City this weekend amid continued strength in the toy industry. The U.S. toy market grew 5% to $20.36 billion last year, according to The NPD Group.
Hawthorne-based SpaceX launches rocket from historic Cape Canaveral site
Hawthorne-based SpaceX has launched a spacecraft carrying supplies to the International Space Station today, its first launch attempt from Florida’s Cape Canaveral since one of its rockets exploded in September. SpaceX Falcon rocket blasted off Sunday morning from.
Recent change by the FCC could cause cost of inmate phone calls to surge in South Carolina prisons
The already high cost for inmate phone calls in South Carolina’s prisons could skyrocket now that federal regulators have abandoned a proposed cap on rates. A recent change by the Federal Communications Commission has South Carolina regulators scrambling to figure out how high the costs of calls from inmates to family might head.
Reinvigorate Your Financial Life With Laser Focus on Market Risk and Shortfall Risk
By James E. Wilson via Iris.xyz The financial world is noisy and it’s easy to become distracted from your most important long-term goals. One way to cut through the noise is to focus on just the two factors that ultimately determine your approach to everything else in your financial life; namely, Market Risk and Shortfall Risk.
SpaceX Launches Rocket from NASA’s Historic Moon Pad
A SpaceX rocket soared from NASA’s long-idled moonshot pad Sunday, sending up space station supplies from the exact spot where astronauts embarked on the lunar landings nearly a half-century ago. It was the first flight from NASA’s legendary Launch Complex 39A since the shuttle program ended almost six years ago, and SpaceX’s first liftoff from Florida since a rocket explosion last summer.
Washington-area appointments and promotions for Feb. 20
Bean, Kinney & Korman of Arlington appointed Jennifer Schiffer , Lauren Rote , Andrea Davison , Jennifer McCammon and Zach Williams shareholders. DLA Piper of the District appointed Sean Robinson associate, Edward “Smitty” Smith partner and Melissa Gierach policy adviser.
When Sears Eventually Dies These Companies Will Be Huge Losers
As a result, there is major risk — both in terms of headline risk and financial risk — to companies with exposure to the once iconic retailer. Investors need to understand the linkages.
How the Benefits of the DOL Fiduciary Rule Have Already Taken Root
By Lauren Klein via Iris.xyz When Linda and Bill came into my office, I could sense their hesitancy right away. And when they told me their story, I could understand why they were so apprehensive about meeting with a financial advisor.
SpaceX Launches Supply Rocket From Historic Apollo Pad
Elon Musk’s Space Exploration Technologies Corp. successfully launched its second rocket in as many months on Sunday, bringing it a 10th of the way to its goal of deploying 20 to 24 rockets this year. The Falcon 9 rocket that launched SpaceX’s Dragon spacecraft on Sunday returned to Earth soon after liftoff.
Week Ahead: Fed Is Expected to Toe the Party Line
Investors will be watching a newly hawkish Federal Reserve in the coming week for clues as to the likelihood of a move on interest rates in March. The central bank will release minutes from its January meeting on Wednesday afternoon.
Stocks Under $10 Portfolio: Earnings and Yellen in the Spotlight
The following is an excerpt from the Stocks Under $10 Weekly Roundup originally sent to Stocks Under $10 subscribers on Jan. 20. Click here to learn more about this dynamic portfolio managed by David Peltier. U.S. stocks closed higher for the sixth time out of the past seven weeks, as earnings season pressed on.
Whata s Wrong With Earning a Commission From the Sale of a Financial Product?
By Rick Kahler via Iris.xyz What’s wrong with earning a commission from the sale of a financial product? Nothing. It isn’t any more inappropriate than a car salesperson earning a commission when you buy a vehicle.
FCC head: Turn on smartphones’ FM radio capabilities, aid users
Millions of Americans use their smartphones every day to stream music from services such as Pandora or Spotify. Others use mobile devices to access podcasts or radio shows.
China’s CNPC Buys Stake in $22 Billion Abu Dhabi Oil Venture
China National Petroleum Corp. bought a stake in Abu Dhabi’s largest oil concession as the Middle Eastern emirate with 6 percent of global crude reserves looks increasingly to Asia, its biggest market, for investment to raise output capacity. Abu Dhabi National Oil Co.
Utah Republican argues against equal pay for women: It’s ‘bad for
NBC News reports that a GOP official in Utah has apologized for a letter that he had sent to two newspapers, criticizing a State Senate bill, which defines employee payment criteria and calls for a study to be conducted, to analyze whether or not there is a discrepancy in pay between men and women. James Green’s letter, titled “Equal Pay for Women Has Consequences,” was published on Feb. 15. In a letter criticizing a bill that addresses pay gap in the workforce, a Utah Republican said that men have traditionally earned more than women and, citing “simple economics,” argued that things should stay that way.
Insider Q&A: Hydro Flask CEO Scott Allan
This photo provided by Hydro Flask shows company president Scott Allan. Hydro Flask, the Bend, Ore.-based maker of insulated stainless steel beverage bottles, was founded in 2009 with one product line that was sold at a local market.
UAE seals deal with China’s CNPC for onshore oil project
The United Arab Emirates’ main state oil company has signed a deal giving China National Petroleum Company an 8 percent stake in a major onshore oil project. ADNOC has set aside 40 percent of the ADCO project for foreign partners.
The Real Reason Why Clients Choose You
By Megan Carpenter via Iris.xyz Some advisors say they want to stand out from the crowd-but they’re fibbing. They really want to look and sound like everybody else.
Where to Start if You Dona t Have a Retirement Plan Yet
By Michael Kay via Iris.xyz When it comes to retirement and planning, I’ve heard them all: “I love what I do. I can’t imagine doing anything else.”
Plex’s Bold Plan To Take On The Streaming Goliaths
Plex’s media server software has millions of tech-savvy fans, but can it survive the decline of DVDs and downloads? For digital media hoarders and pirates, Plex is a household name. The nine-year-old Los Gatos, California, startup makes server software for streaming media files from one device-usually a PC-to phones, tablets, computers, game consoles, and TVs.