Need to Know: Why Goldman Sachs sees a ‘baby bear market’ in bonds
Betting against bonds has not, to say the least, performed well, for the last 40 years or so. But Goldman Sachs sees a baby bear market performing.
The Wall Street Journal: Bridgewater bets more than $1 billion on global equity pullback by March
The wager, assembled over a span of months and executed by a handful of Wall Street firms, including Goldman Sachs Group Inc. and Morgan Stanley, would pay off for the world’s biggest hedge fund if either the S&P 500 and the Euro Stoxx 50 —or both—declines, some of the people said.
These are the favorite causes of America’s biggest philanthropists
Warren Buffett, Bill and Melinda Gates and Michael Bloomberg topped Forbes’ list of America’s top givers.
Americans are increasingly going out of network for mental health coverage
‘The study’s findings are beyond disappointing and disturbing.’
Why investors need to be smarter than ever about their money if a Schwab-Ameritrade merger happens
Schwab is reportedly trying to buy TD Ameritade in a deal that would create a brokerage behemoth with approximately $5 trillion in assets.
Rocket Report: Corruption abounds in Vostochny, China winning launch race
Enlarge / A Falcon 9 rocket launches from Vandenberg Air Force Base. (credit: SpaceX) Welcome to Edition 2.23 of the Rocket Report! Thank you for your patience last week, and we’re now back to business as usual. There’s a lot of news to catch up on, including the brave new world in which China now …
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Staffsource: Ars staffers’ most wished-for gifts in 2019
Enlarge (credit: Getty Images / Maurizio Cigognetti) Now is the time of year when most of us are asked by loved ones “What do you want for X holiday?” Just to add to the anxiety of our staffers, we decided to ask them that question as well—what are the things Ars staffers would most like …
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Why Amazon’s Suit Over the $10 Billion Cloud Contract It Lost to Microsoft Will Be So Hard to Win
Amazon.com Inc. will likely argue that meddling by President Donald Trump cost the company a cloud-computing contract worth as much as $10 billion as it seeks to overturn a Pentagon decision to award the work to arch-rival Microsoft Corp. Yet Amazon faces an uphill climb in basing its challenge on those grounds, as legal requirements …
Purpose Leads to Performance
This is the web version of CEO Daily. To get it delivered to your inbox, sign up here. Good morning. I’m in San Francisco, where I moderated a panel on digital transformation yesterday afternoon at the annual Salesforce extravaganza, with McKinsey’s Vivian Hunt, MediaLink CEO Michael Kassan, and Red Hat CEO Jim Whitehurst. Whitehurst did …
Uber Will Have to Leave London in Days if It Isn’t Granted a New License
London’s transit authority is set to announce as soon as Monday whether it will grant Uber Technologies Inc. a new license to operate. If Transport for London decides against the company, Uber could face expulsion from its most important European market on Tuesday. A new long-term license would provide a level of certainty that Uber …
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