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ESPN Bets On Sports Betting
Article By: Felix Salmon
Sunday, August 13, 2023 8:19 AM EDT
Felix Salmon and Elizabeth Spiers are joined by Cardiff Garcia to discuss ESPN’s big new investment in sports betting. They break down the state of a lawsuit over how much UFC fighters get paid.
In this article: DIS, PENN Also: DKNG, WE
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China’s Deflation Dilemma – Coming To The US?
Article By: Kurt Kallaus
Sunday, August 13, 2023 4:35 AM EDT
US inflation and the related worker shortage have clearly been the top concerns for small businesses for the past 2 years. The US and global stimulus efforts created artificial demand far in excess of supply which caused these concerns to manifest.
In this article: SPX
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Week In Review: BeiGene And Bristol-Myers Squibb Close BeiGene-Celgene PD-1 Partnership
Article By: ChinaBio® Today
Saturday, August 12, 2023 2:39 PM EDT
BeiGene and Bristol-Myers Squibb have formally completed the breakup of the BeiGene-Celgene partnership, returning 23.3 million ordinary BeiGene shares to BeiGene. Meanwhile, Gracell Biotechnologies raised $100 million in a private placement.
In this article: BGNE, GRCL Also: BMY, SBHMY, AZN, CASBF, BNTX, JBPHF
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US And EU Corporations Slam The Brakes On Demand For Business Loans
Article By: Mish Shedlock
Wednesday, August 9, 2023 7:00 AM EDT
Both the US and Europe have seen massive drops in demand for bank loans. Meanwhile, the Fed said they no longer expect a recession.
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Book Review: The Inside Scoop
Article By: Saj Karsan
Wednesday, August 9, 2023 4:00 AM EDT
Two friends, Ben and Jerry, took their ice cream brand from zero to one of the major leaders in the super-premium ice cream market. The Inside Scoop is the story of that company as told by the CEO who took over from them.
In this article: UL
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Weekly Market Pulse: Expect The Unexpected
Article By: Joseph Calhoun
Monday, August 7, 2023 8:36 AM EDT
The stock market was down a little over 2% last week in what may be the start of a larger correction. Or not. Technically one can make a case for more downside to the 50 day moving average, a pullback of 5%, and then a resumption of the uptrend.
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Over Half Of M&A Dealmakers Have Cancelled Deals On ESG Due Diligence Findings: KPMG Survey
Article By: ESG Today
Monday, August 7, 2023 7:57 AM EDT
ESG considerations are increasingly used in the dealmaking process by M&A professionals. A new survey by KPMG, found that over half of respondents reported that they have cancelled deals due to material findings during ESG due diligence.
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Oil And Natural Gas: Oil Remains High Above $82.00
Article By: Finance Brokerage
Monday, August 7, 2023 7:24 AM EDT
During the Asian trading session, the oil price was retreating from the $83.26 level. We are currently at the $82.40 level, and based on today’s consolidation, we can expect a continued pullback to the $82.00 level.
In this article: BNO, UNG
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Recession Forecast Still Correct For Late 2023 Or Early 2024
Article By: Bill Conerly
Sunday, August 6, 2023 11:44 AM EDT
Could the delaying factors ease the economy into a soft landing? That looks more plausible than ever before, but forecasting “this time it’s different” usually turns out badly.
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Soaring Structure Investment Makes Up For Slowing Consumption As GDP Grows At 2.4 Percent In Q2
Article By: Angry Bear
Sunday, August 6, 2023 9:43 AM EDT
The economy grew at a 2.4 percent annual rate in the second quarter, as strong investment growth offset slower consumption growth. Consumption spending grew at just a 1.6 percent annual rate, down from a 4.6 percent rate in the first quarter.
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Week In Review: Mundipharma Considers $1 Billion Sale Of China Operations
Article By: ChinaBio® Today
Saturday, August 5, 2023 2:19 PM EDT
Mundipharma is considering selling its China operations in a deal that could be worth $1 billion. Additionally, Oramed Pharma plans to form a $60 million JV with Hefei Tianhui Biotech to commercialize Oramed's oral drug delivery products globally.
In this article: ABVC, AZN, PFE, ORMP, CASI, LIAN
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Underutilization Of Federal Office Buildings In The Work-From-Home Era
Article By: Timothy Taylor
Wednesday, August 2, 2023 1:10 AM EDT
The federal government already has excess office space 20 years ago. Now in the work-from-home post-pandemic environment, federal office buildings are about 25% occupied as of earlier this year.
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Who Owns The Data Your Car Collects?
Article By: Shelly Palmer
Tuesday, August 1, 2023 10:15 AM EDT
Today, all cars are computers on wheels. Which raises a series of questions about data collection, security, retention, and governance. California’s new privacy regulator just announced its first-ever enforcement action regarding this data.
In this article: F, TSLA
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High Income Workers Consider Switching Jobs For A More Sustainable Company: Deloitte
Article By: ESG Today
Tuesday, August 1, 2023 7:32 AM EDT
Nearly half of self-identified higher income respondents reported considering switching jobs to work for a more sustainable company, compared to only 13% of their lower income counterparts.
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German Labor Market Shows Very First Cracks
Article By: Carsten Brzeski
Tuesday, August 1, 2023 5:59 AM EDT
Under the surface of strong headline numbers, the labor market is starting to show the first cracks. This should limit the risk of a textbook-style wage-price spiral.
In this article: FXE, EWG
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Social Media And Inequality In Venture Capital Funding
Article By: Alpha Architect
Monday, July 31, 2023 10:37 PM EDT
Examining the role of social media in venture capital financing, its impact on disparities faced by underrepresented groups, and the mechanisms through which social media usage can facilitate venture capital funding.
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