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Apple and Goldman Sachs are partnering on a cobranded card (AAPL, GS)

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This story was delivered to Business Insider Intelligence “Payments Briefing” subscribers hours before appearing on Business Insider. To be the first to know, please click here. Apple and Goldman Sachs are reportedly planning to issue a cobrand credit card later this year that will come with associated iPhone and money management features, following initial tests with employees...
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The era of the all-powerful tech CEO has only just begun, even though Facebook and Snap show why that’s a bad thing (SNAP, FB, DBX, ROKU)

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At a growing number of companies, particularly in the tech sector, CEOs and other insiders have outsized control over their corporate decisions.  The executives have that control through special shares that give them extra votes. Such arrangements used to be rare, but are becoming much more common. Lyft and several other tech companies that are...
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Trump seems worried about falling short on a US-China trade deal. He has good reason to be, according to experts.

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The Trump administration said levying tariffs would pressure China to address intellectual-property transfer and other policies. Experts have long seen the second-largest economy as unlikely to budge on those issues. Ahead of a March deadline for trade negotiations, they remain unresolved.  Since igniting a trade war with Beijing last year, the White House has said...
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Coca Cola slides after issuing a disappointing growth forecast (KO)

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Coca Cola on Thursday posted in-line profits and slightly better-than-expected revenue for the fourth quarter.  The financial results were impacted by currency headwinds and higher beverage prices as Coke battled higher import and transportation costs, the company said. The company also disappointed investors by providing a full-year outlook that fell short of Wall Street expectations....
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Former Fed Chairman Paul Volcker rips Trump, Congress in new interview with hedge fund legend Ray Dalio

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Former Federal Reserve Chairman Paul Volcker decried what he considered the sorry state of the government in an interview with Ray Dalio, the founder and co-chief investment officer of Bridgewater Associates, released Tuesday. Volcker, who served in various roles across government over a 50-year stretch, called out President Donald Trump’s “personal behavior” and Congress’ inability...
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Citigroup has invested in nearly 50 startups including Betterment, Tanium and Plaid. Here’s how the giant bank’s innovation chief decides which to invest in.

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Citigroup’s venture arm, Citi Ventures, has put money into nearly 50 companies over the years. Citi CIO Vanessa Colella explains what the bank looks for when investing in a startup. Earlier this year, Citigroup rolled out a partnership with Feedzai — an artificial-intelligence-powered fraud-detection company — to bolster the bank’s ability to alerts clients in...
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THE EVOLUTION OF THE US NEOBANK MARKET: Why the US digital-only banking space may finally be poised for the spotlight (GS, JPM)

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This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Neobanks, digital-only banks that aren’t saddled by traditional banking technology and costly networks of physical branches, have been working to redefine retail banking in major markets around the world. Driven...
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