March 19, 2019

Standard Life Aberdeen wins 100 billion stg mandate dispute against Lloyds

Standard Life Aberdeen has won a legal battle to stop Lloyds Banking Group from terminating a 100 billion pounds ($132.75 billion) investment management contract three years early, in a move that could cost the bank hundreds of millions of pounds in ad...
March 19, 2019

Asian shares steady as Fed looms, May’s Brexit deal in chaos

Asian shares held to tight ranges on Tuesday ahead of a Federal Reserve policy meeting, but were broadly supported near 6-1/2-month highs on expectations the U.S. central bank might strike a dovish tone, while fresh Brexit worries weighed on the pound....
March 19, 2019

Why Theranos founder Elizabeth Holmes wasn’t interviewed for HBO’s ‘The Inventor’ documentary

The disgraced founder of Theranos, Elizabeth Holmes, is not interviewed in the HBO documentary, "The Inventor: Out for Blood in Silicon Valley" (which premiered Monday night). Director Alex Gibney told Business Insider about ...
March 19, 2019

SEC fires at Elon Musk, says his tweet about Tesla vehicle production was a ‘blatant violation’ of court settlement (TSLA)

The Securities and Exchange Commission says a tweet Elon Musk sent in February claiming that Tesla would produce 500,000 vehicles in 2019 was a "blatant violation" of a court settlement between himself, Tesla, and the agenc...
March 18, 2019

Deutsche, Commerzbank merger would put 30,000 jobs at risk: union

A merger of Deutsche Bank and its rival Commerzbank could result in as many as 30,000 job cuts over the long term, a representative of German union Verdi who is a Deutsche supervisory board member told n-tv broadcaster.
March 18, 2019

Commerzbank-Deutsche deal doesn’t herald wider M&A wave: Intesa chairman

A potential merger between Deutsche Bank and rival Commerzbank does not signal a new wave of banking consolidation in Europe, the chairman of Italy's biggest retail lender Intesa Sanpaolo said on Monday.
March 17, 2019

14 of the most important early Facebook employees — and where they are now

On March 14, Facebook CEO Mark Zuckerberg announced the departure of two key executives: chief product officer Chris Cox and head of WhatsApp Chris Daniels. Cox and Daniels join a long list of Facebook employees who have left...
March 17, 2019

Here’s the pitch deck this Austin, Texas, entrepreneur used to raise millions for a startup inspired by Mark Zuckerberg’s congressional testimony (FB)

When Facebook CEO Mark Zuckerberg testified before Congress last April, many in the tech industry joked about the out-of-touch questions he fielded from lawmakers.  Serial entrepreneur Arlo Gilbert, however, saw a big op...
March 16, 2019

Apple Watch detects irregular heart beat in large U.S. study

The Apple Watch was able to detect irregular heart pulse rates that could signal the need for further monitoring for a serious heart rhythm problem, according to data from a large study funded by Apple Inc , demonstrating a potential future role for we...
March 16, 2019

Airlines fear long grounding of Boeing 737 MAX jets after Ethiopian crash

The grounding of Boeing's 737 MAX jets after the crash in Ethiopia has had no immediate financial impact on airlines using the planes, but it will get painful for the industry the longer they do not fly, companies and analysts said on Friday.