What *not* to buy on Black Friday this year

    11 Nov by Vitaliy Dadalyan Tags:

    Google signs healthcare data and cloud computing deal with Ascension

    The Wall Street Journal earlier reported Google teaming up with Ascension to collect personal health-related information of millions of Americans across 21 states. The partnership will also explore artificial intelligence and machine learning applications to help improve clinical effectiveness as well as patient safety, Ascension said in a statement. Google Cloud Chief Executive Officer Thomas Kurian has made it a priority in his first year on the job to aggressively chase business from leaders in six industries, including healthcare....
    11 Nov by Vitaliy Dadalyan Tags:

    UPDATE 1-Google signs healthcare data and cloud computing deal with Ascension

    Alphabet Inc's Google signed its biggest cloud computing customer in healthcare yet, according to an announcement on Monday, gaining with the deal datasets that could help it tune potentially lucrative artificial intelligence tools. The Wall Street Journal earlier reported Google teaming up with Ascension to collect personal health-related information of millions of Americans across 21 states. The partnership will also explore artificial intelligence and machine learning applications to help improve clinical effectiveness as well as patient safety, Ascension said in a statement....
    11 Nov by Vitaliy Dadalyan Tags:

    Markets Take the Under on Trump’s Economic Speech

    (Bloomberg Opinion) -- The global stock market drifted lower on Monday, posting its biggest decline in more than three weeks. Yes, there’s still plenty of time for equities to recover and gain for a sixth consecutive week, which would match their longest winning streak since they advanced for 10 consecutive weeks over the course of late 2017 and early 2018. But doing so may hinge on a critical event Tuesday. Even with the modest decline, the MSCI All-Country World Index is still up 19% this year. The surge in recent weeks is due largely to optimism that the U.S. and China are close to reaching an agreement on “phase one” of a broad trade deal. It doesn’t matter that the details are likely to be modest; what matters is that it would signal that the trade war isn’t worsening. That’s why President Donald Trump’s address to the Economic Club of New York on Tuesday is so critical. No...
    11 Nov by Vitaliy Dadalyan Tags:

    U.S. Coal Producers Plow Ahead With New Mines as Market Slumps

    (Bloomberg) -- As coal prices tumble and bankruptcies rise, two leading U.S. miners are pushing ahead with plans to expand.Arch Coal Inc. and Consol Energy Inc. remain on track to open new mines to dig steelmaking, or metallurgical, coal from the West Virginia hills. It comes as the market is already glutted, with prices down about 30% in 12 months.The decisions to plow forward are bets by Arch and Consol that they can produce the coal cheaply enough to profit even as their rivals retrench. Bloomberg Intelligence expects the global supply of the metallurgical variety to exceed demand this year by 2.7%, as economic headwinds blunt steel demand. At least four U.S. companies have shut mines since August. Five have filed for bankruptcy this year.“There is a lot of pain in the marketplace,” Consol Chief Executive Officer Jimmy Brock said during a conference call last week. “We expect to hold our...