News 

Samsung just unveiled the Galaxy Watch, its $330 answer to the Apple Watch — here’s everything we know about it

“The 42 mm watch will cost $330, while the 46 mm watch will cost $350” writes Avery Hartmans for businessinsider.sg. Like Samsung’s past smartwatches, the Galaxy Watch will run Tizen OS, Samsung’s smartwatch operating system.Vives said she hopes the Galaxy Watch will attract customers who are looking to upgrade from a Gear S2 watch, but also new customers or Samsung loyalists. Source: businessinsider.sg Share This:

Read More
News 

U.S. lawmaker charged with insider trading halts re-election bid

“Collins was charged earlier this week with taking part in an insider trading scheme involving an Australian biotechnology company, Innate Immunotherapeutics LTD , on whose board he served” writes Midwest Communications Inc for 95kqds.com. WASHINGTON (Reuters) – U.S. Representative Chris Collins, a Republican ally of President Donald Trump who has been charged with taking part in an insider trading scheme, said on Saturday he was suspending his campaign for re-election to Congress.Non-partisan analysts had predicted Collins would win re-election, but his indictment put Republicans on the defensive. Source: 95kqds.com Share This:

Read More
News 

GOP Rep. Chris Collins abandons his bid for reelection amid insider trading allegations

“Chris Collins announced that he was suspending his bid for re-election on Saturday, following his arrest this week by the FBI on insider trading charges” writes Tanya Dua for businessinsider.com. Collins was arrested Wednesday by the FBI and indicted on allegations of securities fraud, with the indictment accusing him of passing nonpublic information about a tiny Australian biotech company Innate Immunotherapeutics. Source: businessinsider.com Share This:

Read More
News 

A military investigation was unable to confirm that a Syrian guard based with U.S. troops in that war-torn country intentionally shot a Marine, U.S. Central Command said on Friday.

“A military investigation was unable to confirm that a Syrian guard based with U.S. troops in that war-torn country intentionally shot a Marine, U.S. Central Command said on Friday” reports washingtonexaminer.com. Deliberate insider attacks have occurred in Afghanistan, but have been unheard of in Syria since the war against ISIS began in 2014.The Pentagon statement on the February incident appeared to dispute a report this week by the news outlet Task and Purpose that found the shooting was the first known “insider attack” in Syria. Source: washingtonexaminer.com Share This:

Read More
News 

WeWork is raising $1 billion from SoftBank in a very unusual way

“Shared office startup WeWork is raising a further $1 billion in convertible debt from one of its existing investors, SoftBank” writes Shona Ghosh for businessinsider.my. The unusual mechanism gives WeWork an immediate cash injection as it continues to funnel money into expanding its shared office business globally. Source: businessinsider.my Share This:

Read More
News 

Heineken is betting on a brew made with marijuana instead of alcohol, and it could help give a boost to the struggling beer industry

“Consumer demand for marijuana products is growing fast as state-based legalization campaigns spread and as scientific awareness about the drug increases” writes Erin Brodwin for businessinsider.my. Instead of booze, the beer-like beverage is made with THC, the main psychoactive ingredient in marijuana.Called Hi-Fi Hops, Lagunitas’ new cannabis drink is the latest wave of a larger move by established companies diving into the marijuana industry.Having only launched on July 30, the brew is currently available in a handful of marijuana dispensaries in California, where the drug is legal. Source: businessinsider.my Share This:

Read More
News 

The GOP congressman accused of insider trading is still going to run for re-election

“Fox News The GOP congressman accused of insider trading has vowed to stand for re-election in November, despite the allegations against him” writes Bill Bostock for businessinsider.com. The allegations against Collins relate to his position on the board of Innate Immunotherapeutics, an Australian pharmaceutical company.Chris Collins, who represents the 27th district of New York, was arrested by the FBI on Wednesday and charged with securities fraud, including an allegation that he made an insider trade from a picnic held at the White House. Source: businessinsider.com Share This:

Read More
News 

THE FINTECH PROFITABILITY REPORT: Why fintechs are struggling to turn a profit, and the hurdles they must overcome to see success

“In a new report, Business Insider Intelligence explores the reasons why fintechs are struggling to turn a profit, providing examples of the unique problems each segment of fintech faces” writes Sarah Kocianski for businessinsider.com. Despite having innovative ideas and live products that are successfully disrupting the financial services industry, these fintechs’ business models are increasingly proving to be fundamentally flawed.We also outline what some firms are doing to overcome these challenges, and highlight the key factors to be considered by fintechs, and their investors, if they want to reach profitability. Source:…

Read More
News 

Prosecutors say GOP congressman charged with securities fraud committed insider trading while he was at a White House picnic

“Chris Collins of New York with securities fraud accuses him of committing insider trading at the 2017 annual White House congressional picnic” writes Grace Panetta for businessinsider.com. The indictment estimates Cameron’s alleged insider trading with his father from that tip alone saved him approximately $570,900 in losses.Federal prosecutors accuse co-defendants Cameron and his fiancée’s father, Stephen Zarsky ,of trading Innate stocks based on the nonpublic information.Chris Collins of New York was charged with securities fraud by the FBI on Wednesday Chip Somodevilla/Getty Images The federal grand jury indictment charging GOP…

Read More
News 

How banks can use personalized services to increase customer satisfaction and compete with fintechs

“The best opportunity banks have to do this is by introducing personal finance management (PFM) features to their existing offerings” writes Shelagh Dolan for businessinsider.com. The full report breaks down the different approaches banks can take to offer their customers better PFM features as competition from fintechs increases.Personal Finance Management , a new research report Business Insider Intelligence, Business Insider’s premium research service, has outlined the best ways for banks to catch up to the competition.It’s no longer enough for banks to offer customers a sleek mobile banking app; in…

Read More