It’s the latest collaboration in the field of self-driving cars. Source: Business News –
The Clearing House’s inquiries have tripled following the Fed’s move into real-time payments
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Payments & Commerce subscribers. To receive the full story plus other insights each morning, click here. The Federal Reserve announced that it plans to create a 24/7 real-time payment (RTP) and settlement service called FedNow earlier this month. The service, which is targeting a […]
Blocked in Business, South Korean Women Start Their Own
Glass ceilings in a conservative country’s biggest companies have motivated a new generation of female entrepreneurs. Source: NYT > Business – Michael Schuman
One of Taylor Swift’s new songs mentions a Greenwich Village home she rented in 2016 ‘on Cornelia Street.’ Here’s a look inside the 3-story townhouse.
Associated Press Taylor Swift released her seventh studio album, "Lover," on August 23. "Cornelia Street," the ninth track, references a three-story Greenwich Village townhouse Swift briefly rented back in 2016, according to People. The home has its own indoor pool with a glass chandelier hanging over it, and the dining room walls feature antique bricks […]
Warren Buffett’s biggest mistake might be dumping Disney — twice — and missing out on $20 billion
AP Photo/Nati Harnik Warren Buffett’s biggest mistake might be dumping Disney — twice. The investing guru bought a 5% stake from Walt Disney in 1966, and received a 3.6% stake after Disney bought Capital Cities/ABC — one of Berkshire Hathaway’s key holdings — 30 years later. However, Buffett swiftly sold his Disney shares on both […]
Best Buy tanks after cutting its revenue forecast because of trade-war tariffs and ‘general uncertainty’ around consumer spending (BBY)
Associated Press/Bebeto Matthews Best Buy traded as much as 9% lower early Thursday after missing fiscal second-quarter revenue estimates and shifting its yearly revenue forecast lower than anticipated. The tech retailer cited tariffs on Chinese goods and "general uncertainty" around consumer spending behavior for the lowered guidance. Best Buy topped analysts’ profit expectations for the […]