Tag Archives: Big

‘Too Big to Fail’ May Not Apply in China Anymore: Goldman

(Bloomberg) — The size and type of defaults that have occurred in China in recent times indicate that the notion of “too big to fail” may no longer apply to the nation’s borrowers, according to Goldman Sachs Group Inc. There has been a noticeable up-tick in defaults by Chinese state-owned enterprises since late 2019 and some of the borrowers that have failed to repay debt recently such as China Fortune Land Development Co. have had large amounts of outstanding bonds, analysts including… Source link

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House lawmakers introduce Big Tech bills that could break up Amazon, Google and others

The bipartisan legislation marks Congress’s most significant push to date to rein in Silicon Valley, in some cases taking direct aim at tech giants’ underlying business models. If successful, the legislation could force Google (GOOG) to stop promoting YouTube in its search results, or prohibit Amazon (AMZN) from selling products on its marketplace that compete directly with third-party seller listings. Apple (AAPL) could be required to relax its restrictions on iOS app developers, and… Source link

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Big bet on Patriots winning Super Bowl

The New England Patriots went 7-9 in 2020, their first season without Tom Brady on the roster since 2000. The 2000 season was the last time the Patriots had a losing record, but one bettor at BetMGM thinks things will go a whole lot better for Bill Belichick’s group in 2021. According to BetMGM, one customer placed a $10,000 bet on the Patriots to win the Super Bowl next season at +3000 odds. If that comes to fruition, the bettor would win $300,000. Following that bet, BetMGM moved its odds… Source link

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More Americans now say violent crime is a ‘very big problem’ than say the same about COVID-19

In stark contrast to last summer, more Americans now say violent crime is a “very big problem” in the U.S. than say the same about COVID-19, according to a new Yahoo News/YouGov poll — a shift that suggests policing and public safety could come to dominate U.S. politics as the pandemic subsides, potentially putting the Biden administration and Democratic leaders on the defensive. The survey of 1,588 U.S. adults, which was conducted from May 24 to May 26, found that just 32 percent of… Source link

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Here is one big inflation risk not many people are thinking about

TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by Over 100% Markets are beset by volatility, with unpredictable swings making recent sessions something of a roller coaster. The main indexes were falling sharply at the end of last week, but Friday’s release of economic data showing strong manufacturing activity provided a boost that pared back the market losses somewhat. The recent earnings season also gave reason for optimism – the S&P listed companies, collectively, reported… Source link

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The Brooklyn Nets don’t even need to play well to win big

The Brooklyn Nets can sleepwalk through their first-round series with the Boston Celtics, and they basically did in Game 1. The question is whether they will wake up before their championship mettle is really tested. Brooklyn’s 47 first-half points on Saturday night was their lowest total in any game this season but one — a Jan. 8 outing against the Memphis Grizzlies in which Kevin Durant, Kyrie Irving and James Harden were not in uniform. They combined to make 11 of their 32 shots and none… Source link

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11 Big Product, Service And Feature Updates

Google I/O wraps today, leaving developers to digest a wide variety of new product, service and feature announcements, ranging from a managed machine learning platform and other artificial intelligence-fueled advances to Google Workspace updates to new Multitask Unified Model technology. The livestreamed conference, held virtually after being cancelled last year amid coronavirus restrictions, fielded registrations from some 200,000 developers from 181 countries,… Source link

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Big money investors suggest the cycle has peaked: Morning Brief

TipRanks Goldman Sachs Predicts Over 50% Rally for These 3 Stocks Take a good look at the headlines, and you’ll be excused for thinking that we’re back in 1979. The late Carter years are remembered as the time of ‘stagflation:’ high inflation, high unemployment, fuel shortages, and a general malaise. So far, we’ve seen fuel shortages and gas station lines across the Southeast, rising commodity and housing prices, and unemployment ticking up even as the number of job openings… Source link

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Google is making big design and privacy changes to the world’s most popular operating system

The Conversation Ultra-Orthodox Jewish women are bucking the patriarchal, authoritarian stereotype of their community Ultra-Orthodox women have become the primary breadwinners in their families. Menahem Kahana/AFP via Getty ImagesUltra-Orthodox Jews have been in the news a lot lately, partly due to their reactions to the COVID-19 pandemic. With a few exceptions, the stories present ultra-Orthodox Jews as a patriarchal community that is authoritarian and resistant to public health measures,… Source link

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After closing Fitbit acquisition, Google is going big with Wear OS – TechCrunch

For years, Wear OS has been, at best, something of a dark horse among Google operating systems. It’s certainly not for lack of partnership or investment, but for whatever reason, the company has never really stuck the landing with its wearable operating system. It’s a category in which Apple has been utterly dominant for some time. Google has largely failed to chip away at that market, in spite of enlisting some of the biggest names in consumer electronics as partners. Figures from… Source link

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