• The GOP tax plan isn't even a good try at trickle-down economics

    Top economic adviser Gary Cohn says the GOP tax plan going to have "trickle-down" benefits to middle-class Americans.
    But even if you were trying to design a trickle-down plan, this one fails."The most excited group out there are big CEOs, about our tax plan," says ex-Goldman Sachs President Gary Cohn, who runs the National Economic Council in the Trump White House, in an interview with CNBC's John Harwood.
    Of course they're excited: The plan offers big tax cuts on business profits. But Co
  • Goldman Sachs wants to become the Google of Wall Street — and it's taking a recruiting tip from the tech giant

    Goldman is looking to deepen its relationship with more universities across the US.
    The financial giant has typically focused much of its energy on a basket of a couple dozen schools, but its CEO Lloyd Blankfein said the firm is casting a wider net. 
    Goldman hosted a half-day session with undergraduates from CUNY, a public university in New York City earlier this month. 
    During a fireside chat with students in September, Blankfein said the firm is looking for talent outside the I
  • Republican Senators fire warnings shots about the new Senate GOP tax bill

    Senate Republicans released their version of the GOP tax reform bill, the Tax Cuts and Jobs Act.
    Sens. Jeff Flake, Marco Rubio, and Mike Lee expressed concerns about the amount of debt that could be added from the implementation of the legislation.A trio of Republican senators expressed concern about the Senate GOP's tax reform bill, signaling potential trouble ahead as Republicans race in their attempt to overhaul the federal tax code.
    In the statement, Sen. Jeff Flake said he a
  • There's one part of the Trump trade that's still crushing it

    Business Insider executive editor Sara Silverstein talks about the stock market's rally one year into President Donald Trump's term. She finds that despite Trump's constant attempts to take credit for stock gains, that his return for the first 12 months is just the fifth-best in the post-war era. She shares reporting from Business Insider's Joe Ciolli that while some parts of the so-called "Trump trade" may have faded, companies with small and medium business exposu
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  • Nvidia is rising after crushing earnings (NVDA)

    Nvidia posted earnings of $1.33 per share and revenue of $2.64 billion in the third quarter.
    Wall Street was expecting adjusted earnings of $1.07 per share on revenue of $2.362 billion.
    The company has been facing increased competition in the graphics processing space, especially recently.
    Watch Nvidia's stock price move in real time.Nvidia released its third-quarter earnings after the bell Thursday.
    The company reported earnings of $1.33 per share on revenues of $2.64 billion. Wall S
  • Disney stock tumbles after missing earnings expectations (DIS)

    Disney missed earning expectations Thursday afternoon.
    Shares of the company fell 4% after the announcement.Shares of Disney fell 4% Thursday after the company reported Q4 2017 earnings that missed Wall Street expectations. 
    The company reported earnings of $1.07 per share, short of the expected $1.34 expected, on revenues of $12.78 billion, below the expected $13.32 billion. 
    "No other entertainment company is better equipped to navigate the ever-evolving media landsca
  • BlackRock's bond chief discusses what's next for the Fed

    Business Insider executive editor Sara Silverstein speaks with Jeff Rosenberg, chief fixed-income strategist at BlackRock, about newly appointed Federal Reserve chair Jerome Powell. Rosenberg says the response to tax reform from a monetary policy perspective is crucial. He notes that the market will focus not just on Powell, but what the tilts are for other board members.Join the conversation about this story »
  • This is what you get when you invest in an initial coin offering

    Miko Matsumura, co-founder of the Evercoin Cryptocurrency Exchange, talks with Business Insider executive editor Sara Silverstein about initial coin offerings. The following is a transcript of the video.
    Miko Matsumura: Hi, I’m Miko Matsumura; co-founder of the Evercoin Cryptocurrency Exchange and here’s everything you need to know about initial coin offerings.
    Sara Silverstein: So I really want to learn everything I can from you about ICOs. Seems to be a lot going on right
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  • Sen. Al Franken is doubtful Facebook, Google, and Twitter can police their sites — and is calling for 'vigorous oversight' by regulators (FB)

    In a speech, Sen. Al Franken cast doubts on the big tech companies' ability to police their sites. 
    At congressional hearings last week looking into how Russian-linked groups used Google, Facebook, and Twitter to spread propaganda, the big tech companies promised to do a better job of blocking such efforts. 
    Franken called for regulators to step in to further investigate and oversee how those sites are being used and abused.In the wake or revelations that groups linked to Russia used
  • International round-up: Adidas launches personalised app and P&G promotes ‘love over bias’

    P&G promotes ‘love over bias’ in US campaign for Winter Olympics
    Procter & Gamble is continuing its long-running ‘Thank You, Mom’ campaign in the US with a new spot that imagines what the world would be like if it was always seen through a mother’s eyes. Called ‘Love over bias’, it reflects the stories of real athletes and challenges and prejudices they might have faced.
    The six vignettes in the film include a girl who comes from a culture where
  • How Manchester City became the first Premier League club to hit 1m YouTube subscribers

    A mixture of behind-the-scenes footage, ad hoc videos jumping on the latest social craze and tie-ups with high profile vloggers have helped Manchester City become the first Premier League football club to hit 1 million YouTube subscribers.
    The club’s YouTube channel, which celebrated the milestone in October, has been viewed 350 million times since launching in 2011, with 51 videos passing the 1 million views mark. The club added 250,000 subscribers over the past year alone.
    Manchester Cit
  • Morrisons’ series of Christmas ads show how families prepare for the festive season

    Morrisons is telling the story of how three families prepare for their perfect Christmas and the role its in-store colleagues play in “making Christmas” as part of its festive push.
    The first ad, which aired on TV last night (8 November), shows a family writing letters to Santa, listing what they want this Christmas. The mother, who tells her son she’s asked for “loads”, is then able to find everything she needs at Morrisons. In one scene, for example, a Morrisons c
  • Morrisons runs series of Christmas ads showing families preparing for the festive season

    Morrisons is telling the story of how three families prepare for their perfect Christmas and the role its in-store colleagues play in “making Christmas” as part of its festive push.
    The first ad, which aired on TV last night (8 November), shows a family writing letters to Santa, listing what they want this Christmas. The mother, who tells her son she’s asked for “loads”, is then able to find everything she needs at Morrisons. In one scene, for example, a Morrisons c
  • Mark Ritson: Facebook’s segmentation abilities are depressingly impressive

    The recent surge in attention being paid to the Russian influence on American society via its use of social media has produced a stream of ever more amazing insights.
    A few months ago the headline that Russian operatives were using Google and Facebook to destabilise America and undermine its democratic process would have struck most people as the stuff of bad fiction. But as US lawmakers continue to investigate Russian social media tactics it has becoming clear that the question is not a matter
  • Lloyds named new winner of Channel 4’s diversity competition

    Lloyds Bank has been named the new winner of Channel 4’s annual Diversity in Marketing Award, almost three weeks after Volvo pulled out of the competition after claiming it had not approved its creative agency’s entry.
    The bank’s campaign, focused around non-visible disability, is expected to launch in the first quarter of 2018 – although no exact timings have yet been set.
    Marketing Week understands Lloyds’ entry, which was submitted by its creative agency ada
  • Helen Tupper: To identify your next move think career possibilities, not career plan

    Many of us struggle to answer the question ‘which role do you want to move to next?’ and even more of us are left frustrated by the direction in which we want our careers to go over the longer term. This lack of clarity can be detrimental to the choices we make and our ultimate career happiness.
    The uncertainty about what we really want to do leads to one of three outcomes. One: you stay in your current role and after a period of time, stagnate and feel demotivated. Two: you hop arou
  • Why Coke sponsored a virtual soccer player

    MIAMI, FL: Coca-Cola, the soft-drinks manufacturer, has developed an innovative spin on sponsorship through signing an endorsement deal with a virtual soccer player in FIFA 18, a video game created by EA Sports, a unit of Electronic Arts.Ricardo...
  • Walmart explores voice-activated arena

    NEW YORK: Walmart, the retail giant, is leveraging a partnership with Google as it explores the potential of voice-activated technology for its business.Marc Lore, President/CEO Walmart Ecommerce US, discussed this subject during a session held at...
  • US consumers shun big ticket gifts

    AUSTIN, TX: Despite a series of recent reports that have suggested US holiday shoppers will spend more this year, it seems few of them plan to pay large sums on their most expensive gift this holiday season, a new survey has found.According
  • UK brands stand to gain from Singles' Day

    SHANGHAI: Singles’ Day, the annual shopping event hosted by Chinese e-commerce giant Alibaba, is expected to generate a record 152bn yuan ($23bn) in sales this year and British brands are on course to perform well, according to industry...
  • Recipe videos help Kellogg's India to re-engage

    SINGAPORE: Kellogg’s used to have to contend with unenthusiastic consumers in India, where sales of its corn flakes were sluggish two years ago, but the FMCG group managed to re-engage consumers through effective video content marketing. ...
  • Asian cities are most popular in the world

    GLOBAL: Hong Kong is the most visited city in the world, after attracting 26.6m global travellers in 2016, according to new rankings that are dominated by Asian cities.The latest
  • African marketers fail to connect with women

    JOHANNESBURG:On some estimates, three-quarters of household spending power in Africa will lie with women within a decade, but research indicates that current marketing efforts are failing to resonate with this group and budgets are being wasted. ...

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