Fed policymaker says clarity key to avoiding global disruptions
As the Federal Reserve keeps raising interest rates in a strong U.S. economy, transparency and open communications will be key to avoiding market disruptions and misunderstanding in other countries, an influential Fed policymaker said on Wednesday.
Global financial stability risks rising with trade tensions, IMF says
Risks to the global financial system have risen over the past six months and could increase sharply if pressures in emerging markets escalate or global trade relations deteriorate further, the International Monetary Fund said on Wednesday.
Asian shares subdued as global bond sell-off eases; sterling rises
Asian shares barely moved on Wednesday after world stocks hit eight-week lows the previous day on worries about global economic growth, although the British pound stayed firm on hopes for a Brexit deal.
Amazon scraps secret AI recruiting tool that showed bias against women
Amazon.com Inc’s machine-learning specialists uncovered a big problem: their new recruiting engine did not like women.
SoftBank in talks to take majority stake in WeWork: source
Japan’s SoftBank Group Corp is in discussions to take a majority stake in shared office space provider WeWork Cos, a source familiar with the matter said, a deal that would increase one of its biggest bets on a late-stage U.S. startup.
Sears hires M-III Partners for bankruptcy filing: WSJ
Sears Holdings Corp has hired M-III Partners LLC to prepare a bankruptcy filing that could come ahead of next week’s debt payment, the Wall street Journal reported on Tuesday, citing people familiar with the situation.
Asian shares subdued as global growth woes linger; sterling rises
Asian shares steadied in early Wednesday trade after world stocks hit eight-week lows the previous day on worries about global economic growth, although the pound stayed firm on hopes for a Brexit deal.
SoftBank in talks to take majority stake in WeWork: WSJ
Japan’s SoftBank Group Corp is in talks to take a majority stake in shared office space provider WeWork Cos, in what would be one of the largest deals of the past decade’s startup boom, the Wall Street Journal reported on Tuesday.
Dyson targets hair beauty market with $500 styling tool
British vacuum-cleaner maker Dyson is making a second push into the high-end beauty market with a $500 hair styling tool that it has engineered to create curls, waves and smooth blow dries without extreme heat.
Dyson targets hair beauty market with $500 styling tool
British vacuum-cleaner maker Dyson is making a second push into the high-end beauty market with a $500 hair styling tool that it has engineered to create curls, waves and smooth blow dries without extreme heat.
