Cyber Drama at the Meat Market
06/02/2021 7:17 AMOver the weekend, hackers hit the only piece of American infrastructure more critical than the Colonial Pipeline: the burger supply. JBS, the world's largest meat processor, had to shut down North American and Australian operations Monday following a coordinated...
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The Winners and Losers From China’s Surging Yuan
06/02/2021 7:03 AM(Bloomberg) -- China’s rising yuan has given equity investors a touchstone in their search for potential winners and losers. Benchmark stock indexes in both Hong Kong and on the mainland have been buoyed by the recent strength of the yuan, as capital chases assets...
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You Know We’ve Turned A Corner When…….
06/02/2021 6:52 AMCostco is bringing full in-store sampling back Dive Brief: Costco is bringing back its full sampling program and adding back in-store food court seating at all of its stores, Chief Financial Officer Richard Galanti said during the company's third-quarter earnings call...
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Hike Minimum Wage Hurts the Workers Most Impacted by the Pandemic
06/02/2021 5:50 AMAnd despite what you're told, the research is clear it's also a very ineffective way to help the poor. But I know, it sounds good and that's what most of us seem to really care...
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The latest cyber attack victim is the world’s largest meat supplier
06/01/2021 12:36 PMThe world’s biggest meat supplier has become the latest casualty of a cybersecurity attack, posing a fresh threat to global food security already rattled by the Covid-19 pandemic. JBS SA shut its North American and Australian computer networks after an organized...
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Are “Sell Signals” Useless In “Mania” Markets?
06/01/2021 7:43 AMA recent Bloomberg article made the case that since 2009 “sell signals” are useless during “mania” markets. To wit: “If you bailed because of Bollinger Bands, ran away from relative strength or took direction from the directional market indicator in 2021, you paid...
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Finland Breaks Ground On World’s First Deep Geologic Nuclear Waste Repository
06/01/2021 6:49 AMFinland is moving forward with a revolutionary solution for how to dispose of high-level nuclear waste and spent fuel from atomic reactors. Among the greatest challenges of the nuclear era remains what to do with all the high-level nuclear waste produced by our...
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The huge shake-up at oil giant ExxonMobil
06/01/2021 6:30 AMExxonMobil just lost a huge boardroom battle. At a shareholder meeting last week, 2 green-friendly directors -- who will push for a lower carbon future -- were voted onto the energy giant’s board of directors. According to The Economist, it is “extremely rare” for a...
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Here’s a shocker – the Central Banks are borrowing from Germany’s WW II Playbook
06/01/2021 6:22 AMIt's true. Just look up WW II's Operation Bernhard or watch the 2007 Academy Awarding winning film The...
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Digital Advertising Comes of Age
05/31/2021 2:07 PMDigital advertising generated an estimated US$273.29 billion in media advertising spending in 2018 and is expected to grow to $393 billion in 2021. Google, Facebook, Amazon, and other large internet companies have capitalized on the value of their highly-trafficked...
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