Sales & Marketing news

• A Warren Buffett-owned company is battling wild conspiracies that it planted bricks for George Floyd protesters to hurl at police

  13-06-2020 18:15 via feedproxy.google.com
  
  Conspiracy theorists have wildly claimed that a brick company owned by Warren Buffett's Berkshire Hathaway is in cahoots with Bill Gates and antifa to arm protesters with bricks.
  Unfounded claims of Acme Brick deliberately planting bricks at protest sites have spread across Facebook, Twitter, YouTube, and TikTok.
  Fox News and the White House have linked the bricks to antifa and "professional anarchists."
  Acme Brick said on its website that it "has not done, and will not do, anything to intention
  
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• One wonky chart shows how seriously the coronavirus pandemic has disrupted the labor market

  13-06-2020 14:51 via feedproxy.google.com
  
  The Beveridge curve shows that the coronavirus pandemic has disrupted the US labor market.
  The graphical chart shows the relationship between unemployment and the job vacancy rate. April data reflecting the coronavirus pandemic shutdowns shifted the curve significantly to the right. 
  This is likely because of the impact of temporary layoffs, which threw off the usual balance between unemployment and job vacancies, Nick Bunker, an economist at Indeed, told Business Insider. 
  As the US e
  
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• 'Your brand or business could get CRUSHED': Billionaire Mark Cuban warns bosses to pay workers fairly or risk public backlash

  13-06-2020 14:17 via feedproxy.google.com
  Companies should put a lid on executive pay or risk a massive backlash, Mark Cuban warned on Friday.
  "The public response to out of line or record executive comp could turn UGLY !" the "Shark Tank" star and Dallas Mavericks owner tweeted.
  Public-company bosses should also look at fairer pay structures and give stock to all employees, or they might face major fallout, Cuban said in a second tweet.
  "Your brand and business could get CRUSHED," he added.
  Visit Business Insider's homepage for more st
  
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• 'There is no natural limit to the stupidity of Wall Street': A notorious market bear breaks down why we're not witnessing a recovery — and warns that extreme valuations suggest a 66% drop

  13-06-2020 14:16 via feedproxy.google.com
  
  John Hussman — the outspoken investor and former professor who's long been skeptical of stocks — says that the economy isn't recovering in a traditional sense. It's the government that's propping things up.
  Due to an improvement in market internals, Hussman is "agnostic" in his market view.
  However, he notes that extreme valuations suggest a 66% drop in stocks. 
  Click here to sign up for our weekly newsletter Investing Insider.
  Click here for more BI Prime stories.There's no den
  
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• Robinhood traders are not behind the market's recent rally, Barclays says

  13-06-2020 14:14 via feedproxy.google.com
  Since recent market lows in March amid the coronavirus meltdown, retail traders have been jumping into stocks via zero-fee brokers such as Robinhood, fueling a popular narrative that new retail investors are driving the stock market's recent rally. 
  A recent analysis by Barclays using Robintrack data found that there is no clear relationship between Robinhood users adding shares and S&P 500 index performance. 
  In addition, Barclays found that there is actually a negative relationsh
  
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• Hedge funds are in unchartered waters right now. Here's how billionaires like Ray Dalio, Steve Cohen, and Seth Klarman rode out 2008.

  13-06-2020 13:46 via feedproxy.google.com
  
  No crisis is the same, and there are significant differences between the recession in 2008 and the coronavirus pandemic of 2020 —  but for many hedge funds, this is the first sustained economic disturbance in their existence. 
  Business Insider rounded past comments from some of the biggest names in hedge funds, including legends like George Soros, Seth Klarman, Paul Tudor Jones, and several more.
  For some, the 2008 recession was a chance to reevaluate their businesses and decide
  
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• Goldman Sachs handpicks 6 oil refining stocks to buy now — and one to avoid — as the energy market recovery stalls

  13-06-2020 13:30 via feedproxy.google.com
  
  Oil markets have recovered much of the loss they suffered in March and April. 
  The recovery stalled this week, but oil refiners — which make products like gasoline — are way up in market value, relative to March. 
  That's due in part to the growth of fuel demand, Goldman Sachs analysts said in a note Thursday.  
  The analysts laid out their top refining stock picks.  
  For more stories like this, sign up here for our weekly energy newsletter, Power Line.Aft
  
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• From a potential Satoshi Nakamoto candidate to other 'crypto veterans,' here's GlobalData's top 10 blockchain influencers on Twitter

  13-06-2020 13:09 via feedproxy.google.com
  GlobalData compiled a list of top 10 blockchain influencers after analyzing Twitter conversations from more than 200 experts.
  After the analytics firm noted that the most searched trend among influencers was "bitcoin," they commissioned the study.
  Most searched trends among companies were: Coinbase, Blockstream, and Microsoft.
  The top 10 blockchain influencers were ranked based on GlobalData's assigned scores that measured specific metrics, including follower count and connections network on Twi
  
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• 'Economists make fortune-tellers look good': This investment manager thinks the US is on course for a V-shaped recovery as markets 'have already priced in' a 2nd wave of coronavirus

  13-06-2020 09:59 via feedproxy.google.com
  Ryan Payne, president of Payne Capital, told Busines Insider that the US would face a V-shaped recovery even if a second wave of COVID-19 persists. 
  Key US states such as Arizona, California, and Florida saw rises in COVID-19 cases. 
  Payne said markets had "already priced in" the impact of 2nd wave of coronavirus.
  Visit Business Insider's homepage for more stories.The US is on course to face a V-shaped recovery, as markets have "already priced in" the risks of a second wave of coronavi
  
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