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How challenger banks are revolutionizing the banking customer experience

Few industries have proven immune to digital disruption. Even the banking industry, filled with companies that have tens and even hundreds of billions of dollars in assets and hundred-plus year histories, is finding itself under siege from startups that aim to take their place. These so-called “challenger banks”, while nowhere near as big, powerful More...

by kradzcalypse | Published 21 hours ago
By kradzcalypse On Friday, August 11th, 2017

An Oil Baron Stiffed Goldman Sachs, So It Seized His 217-ft. Yacht

A Texas man, once swimming in oil wealth but now reportedly fallen on hard times, has suffered the ultimate indignity—having his yacht seized by a lender. William Kallop was until recently the proud owner of More...

By kradzcalypse On Thursday, August 10th, 2017

Nvidia Tumbles Ahead of Results Amid Broader Market Drop

Nvidia fell 3% on Thursday ahead of its quarterly earnings report, amid a broad market drop and despite expectations of strong revenue growth on demand for its chips from a wave of interest in cryptocurrencies. The More...

By kradzcalypse On Wednesday, August 2nd, 2017

Many of Those Billion-Dollar Startups You Hear So Much About Are Ridiculously Overvalued

Unicorns aren’t real, and neither are the valuations ascribed to many of the startups that say they’re worth $1 billion or more. About half of private companies with valuations exceeding $1 billion, known More...

By kradzcalypse On Wednesday, July 19th, 2017

Wall Street Sees Darks Days Ahead for Chipotle After Norovirus Outbreak In Virginia

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By kradzcalypse On Sunday, June 25th, 2017

China confronts its Lehman moment

China’s leaders are often praised for their steady management of the economy. But it is increasingly clear that they are haunted by the specter of a Lehman-style financial collapse. On Thursday, we learned from More...

By kradzcalypse On Friday, June 23rd, 2017

Big Company CFOs Call Trump’s Management Style ‘Volatile,’ ‘Terrible’ and ‘Clueless’

What the President of the United States does can have lasting effects on multinational companies. That’s why chief financial officers watch the White House and Capitol Hill so closely. And what they see in the More...

By kradzcalypse On Friday, June 16th, 2017

Here’s Who Helped Amazon Clinch Blockbuster Whole Foods Deal

A decision by Goldman Sachs last year to move an investment banking veteran to Seattle, as well as Evercore Partners Inc’s hiring of a top banker defending companies against activist investors, has paid off More...

By kradzcalypse On Saturday, June 3rd, 2017

Inside Odyssey: The Decline of a College Media Empire

On Feb. 1, Rebecca was working from home waiting for a conference call to start when she was kicked out of her email. This wasn’t a tech issue. She knew exactly what was going on. The atmosphere at work, always More...

By kradzcalypse On Thursday, June 1st, 2017

Uber’s $708 Million Loss Was Actually Good by Uber Standards

Uber Technologies said it narrowed its quarterly loss in the first three months of this year when it made its first-quarter earnings public Wednesday. The ride-hailing company said it lost $708 million in the More...

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