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Amazon, Wells Fargo Unexpectedly Terminate Student Loan Partnership Announced Just One Month Ago

amazon, wells fargo unexpectedly terminate student loan partnership announced just one month ago
Just over a month ago, on July 21, we reported that Amazon and Wells Fargo had launched a partnership which they dubbed at the time a "tremendous opportunity", to offer college students an even greater..
Zero Hedge

China Admits Facing "Great Difficulties" In Meeting Economic Targets

china admits facing great difficulties in meeting economic targets
Based on a supply-side estimate of potential growth and projections of the main components of demand; Bloomberg's Chief Economist Tom Orlik notes that* China potential growth - the rate at which the..
Zero Hedge

Videos for Bloomberg

News video: Nomura's Subbaraman: Why India's Growth Should Pick Up

Nomura's Subbaraman: Why India's Growth Should Pick Up 06:23

Sept. 1 -- Rob Subbaraman, Nomura chief economist for Asia ex-Japan, discusses India's second-quarter economic growth with Bloomberg's Rishaad Salamat on "Trending Business."
Source: Bloomberg Global Business -

News video: Drewry's Kapoor: Outlook for Shipping Industry Is Grim

Drewry's Kapoor: Outlook for Shipping Industry Is Grim 05:57

Sept. 1 -- Rahul Kapoor, Drewry Financial Research Services director, discusses the outlook for the shipping industry with Bloomberg's Rishaad Salamat on "Trending Business."
Source: Bloomberg Global Business -

News video: What's Needed to Turn the Shipping Industry Around?

What's Needed to Turn the Shipping Industry Around? 02:13

Sept. 1 -- David Fickling, a Bloomberg Gadfly columnist, discusses Hanjin Shipping, South Korea's largest container-shipping company, filing for court receivership. He speaks with Bloomberg's Rishaad..
Source: Bloomberg Global Business -

News video: What China's PMI Report Tells Us About the Economy

What China's PMI Report Tells Us About the Economy 06:33

Sept. 1 -- Donna Kwok, UBS's senior China economist, discusses China's PMI report and what it tells us about the Chinese economy with Bloomberg's Rishaad Salamat on "Trending Business."
Source: Bloomberg Global Business -

News video: Uniqlo Makes Its Biggest Bet in Southeast Asia

Uniqlo Makes Its Biggest Bet in Southeast Asia 02:38

Sept. 1 -- Casual clothing chain Uniqlo is taking its biggest chance in Southeast Asia. The unit of Fast Retailing Co. is opening a store on Singapore's iconic Orchard Road that will have 2,700 square..
Source: Bloomberg Global Business -

 

Uber generated almost $500 million from 'safe rides' fees

uber generated almost $500 million from 'safe rides' fees
Uber's introduction of a safe rides fee years ago drew the ire of customers upset that they had to pay a fee for their safety. Yet for Uber, it was clearly cash cow, generating $449 million in..
Business Insider

"I Am Frustrated And Down" - Abe Advisor Admits That Abenomics May Fail

i am frustrated and down - abe advisor admits that abenomics may fail
Almost three years after we first explained why Abenomics is a failure, the reality of Japan's sad economic state is finally starting to seep in, and overnight none other than one of Shinzo Abe’s..
Zero Hedge

Business Travelers Access Immediate “Lifeline” During Airline Outages via Travel Leaders Corporate’s “Travel Leaders Connect”

Usage of the chat and text-based communications platform assisting business travel clients spiked with 4,500 travel status updates during the most recent spate of airline cancellations Miami, FL..
PRWeb

Janus bond king Bill Gross: My fund hasn't been selling volatility (2 videos)

The ever-opinionated Bill Gross, famed bond-fund manager at Janus Capital Group Inc. (NYSE: JNS), spoke today with Bloomberg's Erik Schatzker on "Bloomberg Markets." In the video above, Gross discusses..
bizjournals

Stocks Suffer Worst Monthly Loss Since January, Bonds Worst In 14 Months

stocks suffer worst monthly loss since january, bonds worst in 14 months
The streak is over... Small Caps (Russell 2000) was the best performing major US equity market on the month as The Dow and S&P ended red - breaking a 6-month winning streak VIX was crushed to..
Zero Hedge

STOCKS FALL: Here's what you need to know (SPY, SPX, DJI, IXIC, IWIM, USO, WTI, OIL, VDE, BNO, MON, DE, NGN, CAD, BRY, NFLX)

stocks fall: here's what you need to know (spy, spx, dji, ixic, iwim, uso, wti, oil, vde, bno, mon, de, ngn, cad, bry, nflx)
Stocks closed red on Wednesday and the S&P 500 lost its gains for the month of August. Year-to-date, the index is still up about 6%. First, the scoreboard: · *Dow:* 18,397.43, -56.87,..
Business Insider

And The Best Performing World Stock Market In August Was...

and the best performing world stock market in august was...
China... *3 of the top 10 best performing world equity indices in August are from China with HSCEI the best overall, *gaining 6.5% in local currency terms. We find this move in China interesting..
Zero Hedge

Fear Spreads Of A Housing Crash In Canada

fear spreads of a housing crash in canada
Submitted by Wolf Richter via WolfStreet.com,* * *More Canadians sour on their Magnificent Housing Bubble.* Canadians have been gung-ho about their magnificent housing bubble, feeding it with an..
Zero Hedge

Dr. Gavin Macgregor-Skinner Joins Abt Associates as Senior Global Health Security Advisor

Abt Associates has named Dr. Gavin Macgregor-Skinner Senior Global Health Security Advisor Bethesda, MD (PRWEB) August 31, 2016 Abt Associates has named Dr. Gavin Macgregor-Skinner, a nationally..
PRWeb

Amazon execs liked its 2-hour delivery service so much they internally called it 'Amazon Magic' (AMZN)

amazon execs liked its 2-hour delivery service so much they internally called it 'amazon magic' (amzn)
Prime Now is Amazon's 2-hour delivery service offered to its Prime members. For an additional $7.99, Prime members can get select items delivered within an hour. If this sounds like magic, you're..
Business Insider

A Chinese "Mystery" Has Become The Biggest Wildcard For The Price Of Oil

a chinese mystery has become the biggest wildcard for the price of oil
At the end of July, we wrote an article titled "Oil Bulls Beware: Crude Demand Is About To Slide As China's SPR Is "Close To Capacity"" which explained why what until recently had been a record..
Zero Hedge

After The Closing Ceremony: Rio's Sustainable Olympic Legacy

As the historic 2016 Olympic Games draw to a close in Rio de Janeiro, we commend C40 Chair, Mayor of Rio de Janeiro Eduardo Paes not only for a successful world-class event, but also for investing in..
Huffington Post

Shocking Confession From a Dirtbag Banker

This post Shocking Confession From a Dirtbag Banker appeared first on Daily Reckoning. In an interview with Bloomberg TV, Federal Reserve Vice Chair Stanley Fischer revealed the dirty truth about..
The Daily Reckoning

Brazil Formally Impeaches Dilma Rousseff In 61 To 20 Vote

brazil formally impeaches dilma rousseff in 61 to 20 vote
As was widely expected, the final step of Brazil's historic impeachment process of former president Dilma Rousseff, concluded moments ago with a decision to formally impeach the former president, with..
Zero Hedge

Amazon is growing its shipping network an absurd amount — and it's paying off (amzn)

amazon is growing its shipping network an absurd amount — and it's paying off (amzn)
Amazon has grown a tremendous amount over the years. Bloomberg's Devin Leonard reports that Amazon's annual revenue in 2010 was $34 billion. As of last year, that grew to $107 billion. The number of..
Business Insider

The US government just moved to block a deal between 2 farming giants (DE, MON, DOW)

the us government just moved to block a deal between 2 farming giants (de, mon, dow)
The US government has filed an antitrust lawsuit against Deere's planned purchase of Monsanto's Precision Planting business. The lawsuit, filed in a Chicago court, alleged that the deal would..
Business Insider

Kroger could be looking to snap up Walgreens, Rite Aid stores

Kroger Co. could be a prime bidder for some Rite Aid or Walgreens drug stores that will need to be sold when those two companies finally complete their merger later this year. Cincinnati-based Kroger..
bizjournals

Gold slips again after upbeat US employment data

The price of gold slipped back towards two-month lows after upbeat US jobs data added to speculation that the Federal Reserve is getting ready to hike interest rates. Payroll processing firm ADP said..
Proactive Investors


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