Blog

TECH COMPANIES IN FINANCIAL SERVICES: How Apple, Amazon, and Google are taking financial services by storm (AMZN, AAPL, GOOGL)

//
Categories
This is a preview of the TECH COMPANIES IN FINANCIAL SERVICES research report from Business Insider Intelligence. 14-Day Risk Free Trial: Get full access to this and all Payments industry research reports. Tech giants are set to grab up to 40% of the $1.35 trillion in US financial services revenue from incumbent banks, per McKinsey....
Read More →

Some WeWork employees say they’re outraged by the terms of SoftBank’s bailout — especially after learning Adam Neumann will walk away with a $1.7 billion package

//
Categories
Current and former WeWork employees said they were upset with the payouts that former CEO Adam Neumann will received in SoftBank’s rescue deal. Neumann will resign from WeWork’s board but still earn a consulting fee.  One New York employee said “people are pissed,” particularly about the valuation SoftBank is giving WeWork in a tender offer...
Read More →

An investor who got in early on a small tech stock that’s earned 110% this year shares the book that helps him spot explosive companies — and explains how it’s changed his worldview

//
Categories
Ronald Zibelli, portfolio manager of the Invesco Oppenheimer Discovery Mid Cap Growth Fund, has outperformed most of his peers over the past year due to several well-timed bets.  They include RingCentral, a cloud communications company whose stock price has more than doubled in the last 12 months. In a recent exclusive interview, Zibelli shared with...
Read More →

THE HEALTHCARE PAYMENTS REPORT: The strategies payments leaders are using to take advantage of the $3.7 trillion opportunity in US healthcare

//
Categories
This is a preview of THE HEALTHCARE PAYMENTS REPORT from Business Insider Intelligence. Business Insider Intelligence offers even more healthcare coverage with Digital Health Pro. Subscribe today to receive industry-changing digital health news and analysis to your inbox. The US healthcare payments market is enormous: Healthcare expenditure hit $3.65 trillion in 2018, per projections from CMS,...
Read More →

Robert F. Smith, the billionaire who promised to pay off student loans for an entire college class, said his $34 million gift was inspired by a small act of philanthropy he saw his mom make

//
Categories
In May, billionaire Robert F. Smith pledged to pay off student loan debt for an entire graduating class.  Smith made the announcement that he would pay off the student loans of the 400 graduating seniors during his commencement address at Morehouse College. In September, he followed up on the announcement by pledging to also pay...
Read More →

Some credit cards offer cell phone insurance to cover you for damage — and you could even earn bonus points for paying your phone bill

//
Categories
Cell phones are getting more expensive as they get more powerful, but it’s still all too easy to damage them. Luckily, if you pay your cell phone bill with the right rewards credit card, you could be eligible for cell phone insurance. Cards like the Chase Ink Business Preferred Credit Card and the Wells Fargo Propel...
Read More →

The Trump administration says more China tariffs could be imposed in December

//
Categories
President Donald Trump was swift to assert the US has made “very substantial” progress on trade with China last week. But American businesses and investors saw little refuge ahead from a 19-month tariff dispute between the largest economies. The agreement was “subject to documentation” and could still result in tariff increases in December, Treasury Secretary...
Read More →

Trump said he made the ‘biggest deal ever’ with China for farmers, but a written resolution to the trade war is still a long way off

//
Categories
President Donald Trump tweeted on Saturday that an initial trade agreement with China was the “greatest and biggest deal ever,” citing wins for US farmers and billions in Boeing plane sales. The US and China reached an agreement Friday in which Trump suspended a new round of tariffs in exchange for trade concessions. The initial...
Read More →