Goldman Sachs is crowdsourcing start-up ideas from its 36,000 employees
Goldman's start-up factory has created about 12 businesses so far, but it's too early to say if any will truly take off.
Goldman's start-up factory has created about 12 businesses so far, but it's too early to say if any will truly take off.
CNBC | Chloe Taylor | Oct 8, 2019 Singapore has overtaken the U.S. to become the most competitive nation in the world, according to the World Economic Forum (WEF). In its 2019 Global Competitiveness Report, the WEF measured the strength of 103 key indicators, such as inflation, digital skills and trade tariffs, across 141 countries.
"The relative P/E today suggests that small caps should lead large caps over the next decade," says one strategist.
Biotechnology start-up Ginkgo Bioworks said on Wednesday that it had raised a $350 million fund to more easily invest in spinout ventures that use its bio-engineering technology in a variety of industries that are just starting to use cutting edge biology.
American Airlines Group Inc on Wednesday extended cancellations of Boeing 737 MAX flights through Jan. 15, running contrary to the U.S. planemaker's promises that the grounded jets would be flying again before the year-end.
Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under a proposed overhaul of decades-old rules.
Wearable device maker Fitbit Inc said on Wednesday it plans to shift its manufacturing operations outside of China for effectively all of its trackers and smart watches from January, in response to the ongoing tariff threat.
Goldman's start-up factory has created about 12 businesses so far, but it's too early to say if any will truly take off.
President Donald Trump's move to blacklist Chinese tech companies is threatening to derail what could be the first Chinese artificial intelligence firm to go public.
Tesla Inc's Smart Summon automated parking system is "glitchy" and only works intermittently, influential U.S. magazine Consumer Reports has said, adding to recent questions about the app-based feature.
Biotechnology start-up Ginkgo Bioworks said on Wednesday that it had raised a $350 million fund to more easily invest in spinout ventures that use its bio-engineering technology in a variety of industries that are just starting to use cutting edge biology.
A senior management shake-up at Renault is on the cards, a source close to the French government, a major shareholder in the carmaker, said on Wednesday after a newspaper reported that CEO Thierry Bollore was set to be replaced.
Vodafone will shut 15% of its 7,700 stores and upgrade some of the remaining outlets as customers buy more online and change their expectations of in-store shopping, chief executive Nick Read said on Tuesday.
A rally in technology stocks boosted Wall Street on Wednesday, as investors cheered media reports signaling an ease in trade tensions between the United States and China ahead of high-level talks starting Thursday.
Facebook chief executive Mark Zuckerberg will testify before the U.S. House Financial Services Committee on Oct. 23 as the company faces growing scrutiny from U.S. lawmakers.