(Bloomberg) – In the 19th century California gold rush, the surest way to a fortune, according to Mark Twain, was to be in the ‘pick and shovel business.’ If 2020 has a gold fever equivalent, it is the ETF company. Trade-backed funds backed by physical gold and silver are raising …
Read More »Tencent earns $ 26 billion after US reinsurance on WeChat Ban
Tencent Holdings Ltd. jumped most in two weeks after it was said that White House officials had rumored U.S. companies that a ban on its WeChat app would not be as broad as fear. The WeChat owner jumped 4.2% in Hong Kong on Monday after people familiar with the matter …
Read More »Aramco changes top management, with new focus on portfolio
(Bloomberg) – © Photographer: Bloomberg / Bloomberg An employee walks past crude oil tanks at Juaymah Tank Farm in the Ras Tanura oil refinery and Saam Arinalco of Saam Aramco on Monday, October 1, 2018. Saudi Arabia is trying to transform its crude-dependent economy by developing new industries, and by …
Read More »Uber, Lyft, and the Gig Economy – Do Employees Matter?
August 23, 2020 due to Steve Hanley All new technology brings changes in society. Gutenberg began it with his printing press, which undermined the power of the church by making Bibles accessible to all. The steam engine, radio, television, and the smartphone all lead to radical changes in society. The …
Read More »Russell Crowe’s ‘Unhinged’ film shows promise as movie theaters begin to open: report
Regal Cinemas is expected to reopen 200 locations across the country. FOX Business’ Kristina Partsinevelos and more. Things are looking up in the film industry as “Unhinged” debuted on Friday after a relatively promising start given many theaters across the country are still closed amid the ongoing coronavirus pandemic. Starring …
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