- Business News
- Global Business News for 13 Dec 2017
- Meet the billionaires betting on civilian space travel
- Useful links
- Scientists have turned an ancient philosophy into a recipe for confidence that works
- Codemasters Releases Day 1 Patch for F1 2015; Addresses Several Issues
- House lawmakers move to ease loan officer licensing rules
- Ripple overtakes litecoin as the 4th largest cryptocurrency
- IPO Race Between Lyft and Uber Is a Matter of Focus Versus Frenzy
- Codemasters races towards £100m market debut
- China holds the keys to the electric car revolution (TSLA)
- Bitcoin bears are being unleashed onto the cryptocurrency's futures market
- More stories
- Australia's central bank governor calls Bitcoin a 'speculative mania'
- Will Trump's Corporate Tax Cuts Send Ripples Through Asia?
- Codemasters races towards ipo
- These 10 U.S. Seaports' Exports Are Growing The Most This Year, And Here's Why
- Business News
- Apple's Shazam deal is a sneak attack to hit Spotify where it hurts (AAPL, GOOG)
- Navajo Nation sues Wells Fargo claiming it was targeted for fake accounts
- DiRT 4 Announced By Codemasters; Races To PC/PS4/XO In June 2017
- U.S. SEC Stops 'Munching' Munchee's ICO After Reg Concerns Raised
- Home Builders: Keep Your Powder Dry
- A Red Hot U.S. Steel Trade
- NFL Week 15 Picks: Updated Odds And Expert Predictions Against The Spread
- Bank of England's PRA to remove gendered language
- WATCH: Experts warn of delays in holiday shipping
- Wall Street scales higher on tech gains; Fed's rate decision awaited
- NATO made one of its biggest policy shift in decades to send a message to Russia
- Mastercard launches money management tools for millennials (MA)
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- Tech stocks lead U.S. indexes higher
- Spirit Airlines picks insider to become next CEO in 2019
- Choose your subscription
- Why I Paid Someone $100,000 To Help Them
- Affirm joins unicorn club after $200 million round
- Codemasters Software Co Ltd
Global Business News for 13 Dec 2017
Meet the billionaires betting on civilian space travelBusiness Insider - 13 Dec 2017 04:45
Musk announced a bold new mission for SpaceX during 2018. Two... unnamed passengers will be flying a round trip around the Moon.
It could be the first private enterprise to offer that trip beyond government-funded astronaut space flights.
The space race is on for some of the biggest names out there.
Leading technology giants like Amazon.com, SpaceX, Microsoft, Virgin Group, Google, and Facebook are all getting in on the action. Amazon.com CEO Jeff Bezos, the world’s second richest man after Microsoft’s Bill Gates, is funding rocket company Blue Origin to the tune of $1 billion a year. Blue Origin has been putting together a rocket factory in Kent, Wash., for...
Scientists have turned an ancient philosophy into a recipe for confidence that worksBusiness Insider - 13 Dec 2017 00:24
idea that people don't react to events, they react to how they interpret those events — and those interpretations can be altered. Stoicism is similar: It says that humans need to question irrational or unhelpful beliefs.
To build a better self-image, or build confidence, it's crucial to identify and challenge your core beliefs. Ever feel like you're not good enough? Something bad happens and your brain plays a YouTube highlight reel of every mistake you've ever made. Your confidence crashes and your self-esteem flatlines.
You're not alone.
Codemasters Releases Day 1 Patch for F1 2015; Addresses Several Issues
People have been feeling like this as long as there...
House lawmakers move to ease loan officer licensing rulesAmerican Banker - 13 Dec 2017 20:08
Ripple overtakes litecoin as the 4th largest cryptocurrencyBusiness Insider - 13 Dec 2017 16:41
It now... has a market cap of $18.64 billion. The boom has largely coincided with gains in bitcoin and other smaller cryptocurrencies, which have been on a tear since the launch of Bitcoin futures trading by Cboe Global Marketson Sunday.
“I think a lot of this is simply the market better understanding the realities of digital assets performance (speed, throughput etc)," Ripple CEO Brad Garlinghouse told Business Insider Wednesday morning.
IPO Race Between Lyft and Uber Is a Matter of Focus Versus Frenzy
"There is — appropriately — a lot of excitement about the potential, but XRP is very uniquely positioned to actually be able to deliver on the promise." Litecoin...
Codemasters races towards £100m market debutSky News - 13 Dec 2017 13:09
China holds the keys to the electric car revolution (TSLA)Business Insider - 13 Dec 2017 04:46
Looking ahead to 2040, China is forecast to capture more... than 40 percent of the world EV market, according to a recent report from the International Energy Agency (IEA). Earlier this month, I shared with you a quote from Arnoud Balhuizen, chief commercial officer of BHP Billiton, the largest mining company in the world.
In a September interview with Reuters, Balhuizen called 2017 the “revolution year [for electric vehicles], and copper is the metal of the future.” Balhuizen’s assessment couldn’t be more accurate, and the implications for investors is too compelling to ignore. In the third quarter, global sales of electric vehicles (EVs)...
Bitcoin bears are being unleashed onto the cryptocurrency's futures marketBusiness Insider - 13 Dec 2017 04:19
It'll give investors a vehicle by which they can bet against the future... price of the coin, which is up more than 1,600% this year.
One of the largest brokerages is letting its clients short bitcoin, giving folks bearish on the coin a way to bet against it.
According to reporting by Bloomberg News, Interactive Brokers will let clients take short positions in the Cboe Global Markets' bitcoin futures market, which launched Sunday. A spokeswoman for the firm told Bloomberg the move was "in response to client demand." The company has allowed users to invest in the new market via long positions, requiring a larger down payment for trades than the standard required by...
Australia's central bank governor calls Bitcoin a 'speculative mania'Business Insider - 13 Dec 2017 04:10
In a speech... this morning titled “An eAUD”?, Lowe also said cryptocurrencies had emerged as another payment option, although recent price-action in the sector was fueled more by speculation. Here’s Lowe on Bitcoin: The value of Bitcoin is very volatile, the number of payments that can currently be handled is very low, there are governance problems, the transaction cost involved in making a payment with Bitcoin is very high and the estimates of the electricity used in the process of mining the coins are staggering.
When thought of purely as a payment instrument, it seems more likely to be attractive to...
Will Trump's Corporate Tax Cuts Send Ripples Through Asia?Forbes - 13 Dec 2017 04:00
These 10 U.S. Seaports' Exports Are Growing The Most This Year, And Here's WhyForbes - 13 Dec 2017 03:51
Apple's Shazam deal is a sneak attack to hit Spotify where it hurts (AAPL, GOOG)Business Insider - 13 Dec 2017 03:42
Shazam makes the most sense inside Apple's music division, which falls... under SVP Eddy Cue. Apple is unlikely to be interested in Shazam's advertising business. Apple has yet to reveal its plans for Shazam, the popular music recognition app it acquired for $400 million on Monday.
And given the iPhone maker's penchant for secrecy, chances are good that it will be some time before we learn anything about Shazam's future under Apple — if we ever do at all. But if you connect the dots, a couple things about this deal are already clear: 1. Shazam is almost certain to continue to exist as a standalone app 2. This deal is all about Apple Music and data.
If the addition...
Navajo Nation sues Wells Fargo claiming it was targeted for fake accountsL.A.
Times - 13 Dec 2017 03:35
DiRT 4 Announced By Codemasters; Races To PC/PS4/XO In June 2017
The lawsuit, filed Tuesday in federal court in Albuquerque,... alleges many of the same practices that led to last year's $185-million settlement between Wells Fargo...
SEC Stops 'Munching' Munchee's ICO After Reg Concerns RaisedForbes - 13 Dec 2017 03:06
Securities and Exchange Commission (SEC) halts an initial coin offering (ICO) in San Francisco-based Munchee Inc., a blockchain-based food review service that sought to raise $15 million,... SEC Chairman Clayton has issued a statement on the cyptocurrency and ICO markets for 'Main Street'.
Home Builders: Keep Your Powder DryBarron's - 13 Dec 2017 22:51
There may be another boom ahead.
A Red Hot U.S. Steel TradeBarron's - 13 Dec 2017 21:02
NFL Week 15 Picks: Updated Odds And Expert Predictions Against The SpreadForbes - 13 Dec 2017 17:42
Get prepared for Week 15 with this comprehensive preview that includes a complete schedule and odds for... every game, plus an expert pick against the spread from a pro Las Vegas handicapper.
Bank of England's PRA to remove gendered languageBBC - 13 Dec 2017 17:12
WATCH: Experts warn of delays in holiday shippingABC News - 13 Dec 2017 17:09
Wall Street scales higher on tech gains; Fed's rate decision awaitedReuters - 13 Dec 2017 17:06
Federal Reserve later in the day.
NATO made one of its biggest policy shift in decades to send a message to RussiaBusiness Insider - 13 Dec 2017 17:05
notable shift in its policy, which has traditionally only used such weapons defensively. The change comes amid investigations around the world into Russia's attempts to influence elections in the US and Europe.
NATO announced plans last month to boost its cyber defense capabilities amid ongoing threats and hacking attempts from Russia, China, and North Korea. The move will allow NATO to proactively use cyber weapons against potential hostile governments and is perhaps the international organization's biggest policy shift in years. "This is a marked departure from NATO’s historical stance of using...
Mastercard launches money management tools for millennials (MA)Business Insider - 13 Dec 2017 17:05
To learn more and subscribe, please click here. MastercardlaunchedAssemble, a platform for issuers and... partners that gives customers the ability to check balances, budget, and set savings goals.
Users can also make near real-time payments to almost anyone in the US with a debit card using Mastercard Send, the firm's peer-to-peer (P2P) money transferring platform.Assemble's first product is geared toward millennials, offering an easy way to manage money through a digital prepaid account, mobile app, and physical or digital payment card.
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Issuers and partners can integrate the entire solution, or specific functions, into their current users' interfaces through an application programming interface...
Tech stocks lead U.S. indexes higherL.A. Times - 13 Dec 2017 17:05
Hard drive maker Western Digital gained 3% after it resolved a dispute with its partner Toshiba over Toshiba's plan... to sell its flash memory business. Finisar climbed 27% after Apple said it will invest $390 million...
Spirit Airlines picks insider to become next CEO in 2019Miami Herald - 13 Dec 2017 16:56
Why I Paid Someone $100,000 To Help Theminc - 13 Dec 2017 16:56
Affirm joins unicorn club after $200 million roundBusiness Insider - 13 Dec 2017 16:50
To learn more and subscribe, please click here. US-based online point-of-sale (POS) financing provider... Affirm has raised$200 million in a Series E roundled by GIC, Singapore's sovereign wealth fund, with existing backers Spark Capital and Khosla Ventures also participating.
Codemasters Software Co Ltd
The round has earned the company a private valuation of between $1.5 billion and $2 billion, making it the latest fintech to join the unicorn club.
Affirm was last valued at $800 million, followinganother mammoth round of $100 millionin May 2016. Significantly, the funding will go in part toward international expansion.Although Affirm will use the $200 million formultiple purposesincluding opening a New York office and hiring...