Peloton says ahead of its IPO that it’s riding a consumer trend for fitness and wellness solutions. But it’s not reaching those most in need. Source: Business News –
South Korea accuses Japan of treating it like a ‘hostile nation’ after it was officially downgraded as a trading partner amid escalating tensions
Jonathan Ernst/Reuters; Jae C. Hong/AP Japan officially downgraded South Korea from its whitelist of preferred trading partners on Wednesday. This means that Japanese exporters of technology-related goods now have to go through extra screening for each contract. South Korea’s deputy national security adviser accused Japanese Prime Minister Shinzo Abe of treating South Korea like a […]
Buybacks have been keeping stocks strong for years — but the gig might soon be up for these 10 companies
Spencer Platt/Getty Images Stock buybacks have been a key contributor to the market’s strength throughout the 10-year bull market, helping share prices appreciate during periods devoid of other positive catalysts. Dennis DeBusschere of Evercore ISI says he’s identified 10 companies that might have to cut back on their repurchase spending, leaving their stocks vulnerable. DeBusschere […]
BBC ICECREAM Drops EU-Exclusive Swarovski Crystal-Embellished T-Shirts & Jeans
BBC ICECREAM has released a capsule collection of T-shirts and jeans adorned with Swarovski crystals for Fall/Winter 2019. The pieces feature reworked "Running Dog" and "Cones & Bones" designs placed prominently on the front of each garment, which have been outlined in Swarovski’s of alternating sizes to produce a glistening graphic. Both of the OG […]
JPMorgan says these 4 ‘limited-loss’ trades will make you a killing regardless of what happens next in the unpredictable trade war
Reuters/Jonathan Ernst The constant ebb and flow of news on the US-China trade war has rocked global markets and left investors uncertain about what happens next. JPMorgan’s quantitative strategists offered four trades that should help investors navigate the ongoing volatility and profit, regardless of how the dispute is resolved. Click here for more BI Prime […]
Apple’s cofounder agrees with breaking up big tech and says the iPhone maker should have split its business
Paul Sakuma/AP Apple cofounder Steve Wozniak told Bloomberg he wishes Apple had split up its business "a long time ago." He said that he is "pretty much in favour" of splitting up big, monopolistic tech companies, in comments that coincide with wider political scrutiny of major US tech firms. While Apple is not the subject […]