California-based Amgen is in the process of eliminating hundreds of U.S. jobs, the majority of which are centered on the company’s sales team, according to a...
US Cases, Deaths Set To Keep Falling; 20% Of Indians Infected With COVID: Live Updates Summary: COVID cases top 104MMM globally US cases, deaths trend lower...
Artificial intelligence (AI) has great potential, but care needs to be taken to ensure it doesn’t continue to propagate inherent biases that exist in society and...
The year is still young, but not too young to see trends that could define 2021 for leaders and laggards in US and world equity markets....
American Airlines Expands Use Of "Immunity Passports" On International Flights We have been warning about the likelihood that immunity passports would soon become ubiquitous on international...
The overnight session was relatively non-descript for financial markets in the bigger picture. Equity and currency markets moved sideways, as did precious metals, with only energy...
Scientists Ominously Warn COVID Is Reducing Fertility Authored by Steve Watson via Summit News, Just when you thought the future couldn’t get much more dystopian, scientists...
Hong Kong Cops Threaten To "Kick Door Down" For Anybody Who Dosn't Open For COVID Test Hong Kongers who hadn't already seen the worst of Beijing's...
CNBC transcript: The Council of Economic Advisers member Jared Bernstein speaks with Kayla Tausche live during CNBC’s Capital Exchange today Q4 2020 hedge fund letters, conferences...
WHO Experts Finally Reach Wuhan Lab At Center Of COVID-19 Origin Probe After more than a year and plenty of excuses, a team of World Health...
GM Joins Nissan & Ford In Suspending Production Due To Semi Shortage General Motors has announced it is the latest victim of the global semiconductor shortage...
Amazon's founder Jeff Bezos will step down after 27 years and become the e-commerce giant's Executive Chairman
Chinese Police Arrest Ringleader, Suspects In Fake COVID Vaccine Ring While Beijing has its hands full with the latest COVID outbreak in mainland China, Chinese media...
Former McDonald's CEO Steve Easterbrook failed in his attempt to get a lawsuit against him dismissed, which according to Reuters, alleges that he intentionally covered up...
Shares of Albemarle dropped 2.8% in Tuesday’s extended market trading session after the global producer of lithium announced the launch of a $1.3 billion stock sale...
The USD/CNY currency pair rose modestly today following a worse-than-expected report on China’s services sector. While the industry continued to expand, the rate of expansion slowed much more than economists were expecting. The headline...
Semi Shortage Stings Ford, Forcing More Layoffs And Shift Reductions Automakers are in the midst of dealing with two major supply chain crises at once. First,...
Credit: NASA Earth Observatory, Joshua Stevens Recent global calamities – the pandemic, wildfires, floods – are spurring interdisciplinary scientists to nudge aside the fashionable First Law...
Mittleman Investment Management commentary for the year ended December 31, 2020, discussing the top three contributors to their performance: Village Roadshow, Revlon, and Greatview Aseptic Packaging....
Andrew Yang Tests Positive For COVID-19 Amid Run For NYC Mayor: Live Updates Summary: Andrew Yang positive for COVID Scotland extends lockdown until end of Feb....
Chinese police arrested more than 80 people and confiscated over 3,000 fake doses of Covid-19 vaccine as part of a campaign to combat vaccine-related crimes, state...
Eurozone Economy Contracts In Final Quarter Of 2020 By Maartje Wijffelaars, Economist at Rabobank Summary The Eurozone economy contracted with 0.7% q/q in the final quarter...
China Slams British "Brazen Thieves" As Hong Kongers Made Eligible For UK Citizenship Britain has started accepting applications for its program to hand out British Overseas...
Israel COVID Cases Rise Despite Lockdown, Vaccinations; Japan Extends State Of Emergency: Live Updates
Futures Surge Above 3,800 As Short Squeeze Fizzles; Attention Turns To Stimulus US equity futures have continued their Monday rally, rising above 3,800 as the collapse...
Yesterday, China flipped the switch on a nationwide carbon trading market, in what could be one of the most significant steps taken to reduce greenhouse gas...
Overview: The recovery from last week's equity slide continues today. In Asia Pacific region, Taiwan and India led with more than 2% gans. Stepped fiscal efforts,...
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Once the pandemic is past, the existential issues around climate change will still require action on an unprecedented scale. This may include changes in behaviour –...
An abridged version of this article first appeared in Investment Week (print edition, 1 February 2021, p. 14) The past five years have seen an exponential...