Money

Kamala Harris Announces Campaign Stops In Early-Voting States

It may be a year before the Iowa Caucuses–the first major contest for 2020 Democratic presidential hopefuls–but candidates are busy jockeying for their party’s nomination to run against Republican incumbent President Donald Trump. Democratic Sen. Kamala Harris raised $1.5 million in campaign donations on Jan. 21 alone, the day she announced her candidacy and attracted …

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Moët Hennessy Eyes China As the Next Frontier for Luxury Wines With Ao Yun Vineyards

Maxence Dulou–a native of Bordeaux who has worked at vineyards in Chile, South Africa, and France’s Burgundy region–wanted to take part in the creation of a new wine. In 2012, he found himself doing so–in China. But while China is projected to soon become the world’s second largest market for wine, behind the United States, …

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World Bank, Alphabet Results, Tesla and Maxwell: CEO Daily for February 5, 2019

Good morning, and welcome to the Year of the Pig. There’s a story in the new issue of The Atlantic with the provocative title: “Why Ford Hired a Furniture Maker as CEO.” It’s about Jim Hackett, who was CEO of Steelcase before joining Ford. But what it’s really about is “design thinking”–a discipline embraced by …

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Payments Processor Stripe Makes a Surprise Appearance in Trump Inaugural Committee Subpoena

One interesting detail in the news of New York prosecutors subpoenaing documents from President Donald Trump’s inaugural committee is the involvement of Stripe, the hot payments platform. According to the New York Times, investigators are looking for evidence of potential money laundering and election fraud. They reportedly want documents about the committee’s donors, the benefits …

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Roger McNamee Has Gone From Mentoring Facebook CEO Mark Zuckerberg to Sounding the Alarm

Once a Facebook booster and early advisor to CEO Mark Zuckerberg, well-known tech investor Roger McNamee has changed his tune. Facebook is, in fact, a privacy train wreck, he says, and its leader appears to care more about growth than user privacy. McNamee is so worried that he wrote a book, Zucked: Waking Up to …

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Google’s Life-Science Sibling Verily Is Reportedly Developing Smart Shoes to Track Your Weight, Health

Google’s parent Alphabet has a number of lower-profile “moonshots” that are tinkering with new innovations. One of them–Verily, which is working on life-sciences applications–is reportedly working on a pair of “smart shoes” that can track your weight and health. According to CNBC, Verily is “looking for partners to co-develop shoes with sensors embedded to monitor …

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YouTube Nears Major Milestone Amid Emphasis on Subscriptions

YouTube has reached a new milestone of nearly 2 billion monthly logged-in users, reflecting its still-growing popularity and its money-making potential. Google CEO Sundar Pichai described YouTube on Monday as a key contributor to the company’s rise in fourth quarter revenue without offering any details about the video service’s financial contribution. By pure numbers, viewership …

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Brainstorm Health: Ultrasound Drug Delivery, Netflix and Goop, Alkermes Rejection

Happy Monday, readers. Advances in medical technology oft rely, not only on new medicines themselves, but new ways to deliver ones that actually exist. Think of it as an extended form of product lifecycle management–making existing mousetraps even better. My colleague Renae Reints has an interesting dispatch along those lines about a company called Suono …

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