“The next wave of Italians has come to America,” a 2010 commercial for the Fiat 500 proclaimed. Brightly-colored examples of the itty-bitty city car slid around typical Italian alleyways paved with cobblestones and then … dove suddenly into the sea, to then emerge from the depths on the beaches of Brooklyn. Jump forward a few years, and we now have more […]
“The next wave of Italians has come to America,” a 2010 commercial for the Fiat 500 proclaimed. Brightly-colored examples of the itty-bitty city car slid around typical Italian alleyways paved with cobblestones and then … dove suddenly into the sea, to then emerge from the depths on the beaches of Brooklyn. Jump forward a few years, and we now have more […]
Flickr/Falcon® Photography The Rolex office in Geneva, Switzerland. Rolex is a notoriously secretive company. In defense of its trade secrets, how dominant it is in the luxury watch field, and how much it has to lose, it doesn’t offer factory tours, and its workshops are locked behind iris-scanning security technology and thick steel doors. But […]
Tandem Ricky Knox, Tandem. App-only startup bank Tandem is following in the footsteps of fellow digital challenger bank Mondo and launching a crowdfunding campaign. Tandem is aiming to raise £1 million ($ 1.4 million) in a campaign that goes live in mid-May. The startup has already raised “tens of millions”, according to founder Ricky Knox, […]
Matthew DeBord 128,000 after the unveiling climbed to 400,000 in the subsequent weeks. Tesla will report first-quarter earnings next week, and there’s no question in analysts minds about what they’re going to look like: Tesla is going to have lost a lot of money, an estimated $ 0.84 per share, based on pre-earnings estimates. But […]
Getty Images Standard Life says many people prefer digital interactions to human ones when dealing with finances. Standard Life — one of the UK’s biggest insurance firms — has restated its plans to pursue “robo-advice” technology. Speaking via video link at a conference held by Syntel on Friday morning, Standard Life’s Director of Operations Mike […]
Reuters China’s debt boom is back on. The question is whether it ends in a bang or a whimper. The world’s second largest economy added 2.34 trillion yuan ($ 362 billion) of new debt in March, far exceeding the median forecast of 1.4 trillion yuan ($ 220 billion) in a Bloomberg survey. It prompted George Soros to say […]
Rolls-Royce The Wraith Luggage Collection in the luggage compartment of a Rolls-Royce Wraith. Rolls-Royce is known for not doing anything half-baked. So when they created a new set of luggage pieces, that philosophy transferred intact. The six pieces of the Wraith Luggage Collection — two “Grand Tourer” valises, three “Long Weekender” bags, and a “Garment Carrier” — were […]
Goldman Sachs’ cohead of global fixed income, currency, and commodities sales, Dalinc Ariburnu, is leaving the bank, according to an internal memo seen by Business Insider. Ariburnu, 46, “decided to retire from the firm,” according to the note, which was signed by the securities division coheads Isabelle Ealet, Pablo Salame, and Ashok Varadhan. Jim Esposito, who […]
Finance Insider is Business Insider’s midday summary of the top stories of the past 24 hours. Is this the top? In a note to clients on Friday, UBS strategist Julian Emanuel suggests that a few signs pointing to the “endgame” for stocks are coming into view. Valeant finally published its annual 10-K report to the Securities and […]