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KuCoin, a Singapore-based cryptocurrency exchange, has disclosed it was hacked and plans on reimbursing customers whose funds were stolen....
The confirmation of the closing price reversal bottom and the strong close on Friday are reasons to believe traders will be going after 11222.00....
(Bloomberg Opinion) -- With the Covid-19 pandemic closing top-end stores and decimating international travel, 2020 is set to be the worst year for the global luxury market in modern history. Yet a new book called “Future Luxe: What’s Ahead for the Business of Luxury” by Erwan Rambourg is optimistic.Among the book’s insights into the next decade are that health will become the ultimate luxury, and that sellers of handbags, shoes and watches will face competition from a new breed of upmarket goods, including cannabis.Rambourg, who has spent 25 years in the industry and is currently HSBC’s global head of consumer and retail research, also predicts a shakeout in the ownership of luxury goods groups. By 2030, he expects LVMH Moet Hennessy Louis Vuitton SE to hold 90 to 100 brands, up from 76 today — or 77 if it follows through with its offer to buy U.S. diamond jeweler Tiffany & Co. By contrast, many smaller competitors will merge,...
Federal Aviation Administration (FAA) Chief Steve Dickson is set to conduct an evaluation flight at the controls of a Boeing 737 MAX next week, a key milestone as the U.S. planemaker works to win approval to resume flights, the agency told lawmakers. The Boeing 737 MAX has been grounded since March 2019 after two fatal crashes killed 346 people. Dickson, who was previously a commercial airline pilot, plans to undergo simulator training before the flight and will then share his observations with FAA technical staff....
While the first eight months of 2020 showed used car pricing 17% than the previous year, the recent bump from July to August saw a 7.8% increase over 2019, according to a recent report from J.D. Power. ...
With NBCUniversal recently joining Roku's platform, Needham analyst Laura Martin highlights a number of reasons Roku could see upside revenue potential from the deal with any new viewers to its home page ad inventory. The Final Round discusses....
