For SoftBank’s Son, vision turns into illusion
Business Posted SoftBank founder Masayoshi Son's dreams of a global tech empire are unraveling, as the ongoing global crisis compounds losses at his $100 billion Vision Fund and his big bets on start ...
Sit and wait on stocks: trader
Business Posted Vespula Capital CEO and trader Jeff Tomasulo says he's sitting on the sidelines until he gets more clarity on the outlook for the pandemic, oil, and corporate earnings. Featured B ...
Stocks will face another down leg: advisor
Business Posted Stocks haven't bottomed; they are still stuck in a bear market rally despite the recent rebound, and they'll head lower in the second quarter, says wealth manager Loreen Gilbert of We ...
Amazon uses thermal cameras at warehouses
Business Posted Amazon.com has started using thermal cameras at its warehouses to speed up screening for feverish workers who could be infected with the coronavirus, Reuters has learned. Fred Katayam ...
‘Casino mentality’ of markets is concern: advisor
Business Posted Friday's market surge on signs of a promising COVID-19 drug on partial data shows the 'casino mentality' of today's markets, says Mercadien Asset Management's Ken Kamen. Featured ...
Developing countries unlock key industries to safeguard earnings and jobs
Business Posted From Africa to Asia and Latin America, emerging countries disproportionately bruised by the COVID-19 pandemic are allowing some key industries to start back up in a bid to soften the ...