General World News

One year ago, the founder of the world’s biggest hedge fund predicted that people holding cash would ‘feel pretty stupid.’ He was wrong.

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Bridgewater Associates founder Ray Dalio said one year ago Tuesday that investors holding cash would feel “pretty stupid,” as he touted a strong market environment. Dalio’s call did not pan out; cash was the best-performing asset in 2018, outperforming stocks, bonds, and commodities. He made those comments at the World Economic Forum in Davos, Switzerland. […]

General World News

Netflix’s ‘Fyre’ director explains how getting the footage of the NYC VIP Access ticket-selling scam was ‘kind of an accident’

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The director of Netflix’s “Fyre,” Chris Smith, told Business Insider the footage that shows the Fyre Festival founder Billy McFarland doing the NYC VIP Access ticket scam was found by accident. Smith said the footage was part of a shoot an artist named Kindo did of McFarland while he was out on bail. Following McFarland’s […]

General World News

Washington Hospitality Association Supports Protecting Workers, Providing Panic Buttons

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The safety and security of employees is a top priority for the hospitality industry, which is why the Washington Hospitality Association testified in enthusiastic support of the subject of Senate Bill 5258, a bill created to prevent sexual harassment and sexual assault of certain isolated workers and providing panic buttons. read more >>> Source:: HotelNewsresource.Com

General World News

The 10 most expensive cities to live in around the world in 2019

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The 15th Annual Demographia International Housing Affordability Survey has revealed the most expensive cities to live in around the world. The study looked at 309 housing markets in Australia, Canada, Hong Kong, Ireland, New Zealand, Singapore, the UK, and the US. It uses the “mean multiple” approach — the median house price divided by the […]

General World News

Netflix is sliding after receiving its first Oscar nomination for best picture

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Netflix on Tuesday received an Oscar nomination for best picture for the black-and-white drama “Roma.” It was the streaming giant’s first nomination for best picture. Despite the announcement, shares of Netflix slid nearly 3%, underperforming the broader market. Watch Netflix trade live here. Netflix shares fell more than 3% Tuesday morning after the streaming platform […]

General World News

The cannabis producer Tilray is gaining ground after announcing plans to acquire cultivator Natura Naturals (TLRY)

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Tilray on Tuesday announced plans to acquire Natura Naturals, the parent company of a licensed cannabis cultivator. Tilray began trading on the Nasdaq in July, becoming the first cannabis company to have an initial public offering in the US. Since then, the company sped up developing its cannabis business. Watch Tilray trade live. The Canadian […]

General World News

Marcus’ impressive Q4 performance shows incumbents can play the fintech game (GS)

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This story was delivered to Business Insider Intelligence “Fintech Briefing” subscribers. To learn more and subscribe, please click here. In Goldman’s Q4 2018 earnings report, released earlier last week, the firm reported an impressive $35 billion in deposits for its digital-only outlet Marcus, per Crowdfund Insider. Marcus has been available to US consumers since 2016, […]