Singapore’s financial centre will emerge as big winner of a draconian Chinese law – Business Insider

Singapore’s financial centre will emerge as big winner of a draconian Chinese law –...

Tensions in Greater China have led analysts to warn that many businesses can move from Hong Kong to Singapore. China approved a law on Thursday that tightens its grip over Hong Kong, seen as a violation of Hong Kong's "one country, two principle" systems. Hong Kong ranked as the world's sixth-largest financial center in 2020 and Singapore took…
Angela Merkel rebuffs Trump’s G7 Summit invitation due to coronavirus – Business Insider

Angela Merkel rebuffs Trump’s G7 Summit invitation due to coronavirus – Business Insider

German Chancellor Angela Merkel turned down US President Donald Trump's invitation to attend the G7 Summit in Washington next month, Politico reported. While Trump pushes to reopen the US, Merkel has said it's too early to reopen and host large gatherings since the virus is still circulating. Trump was reportedly "furious" at Merkel's refusal. Visit Business Insider's homepage…
Facebook will not take action against Trump’s post about ‘shooting’ protestors – Business Insider

Facebook will not take action against Trump’s post about ‘shooting’ protestors – Business Insider

Facebook is not taking any action against one of Donald Trump's posts that warned of "shooting" in Minneapolis following protests.Twitter previously said that the post on its site violated its rules on "glorifying violence" and affixed a warning to it.Facebook CEO Mark Zuckerberg said that he had a "visceral negative reaction" to Trump's rhetoric.However, it…
New video appears to show 3 officers pinning George Floyd down – Insider

New video appears to show 3 officers pinning George Floyd down – Insider

A new video appears to show not just one, but three Minneapolis police officers pinning George Floyd to the ground as he repeatedly said he couldn't breathe.Previously, an initial video showed only one officer holding Floyd down, with his knee on Floyd's neck.Ex-officer Derek Chauvin was arrested Friday and charged by Hennepin County prosecutors with…
Scott Galloway: Colleges open this fall care about money, not students – Business Insider

Scott Galloway: Colleges open this fall care about money, not students – Business Insider

Scott Galloway is a bestselling author and professor of marketing at NYU Stern.The following is his recent blog post, republished with permission. It originally ran on his blog, "No Mercy / No Malice."Galloway says that the insistence of top-tier universities to be open for in-person class this fall is nothing more than "consensual hallucination" and…
If Section 230 dies, Twitter and Facebook would likely ban Trump – Business Insider

If Section 230 dies, Twitter and Facebook would likely ban Trump – Business Insider

As President Trump's anger at Twitter escalates, his so-called solution, should he really obtain it, would almost certainly backfire.He's been working to remove the Section 230 section of the Communications Decency Act.But Section 230 is the part of that law that's been protecting his social-media posts.It's the reason Twitter and Facebook can allow him to…
Stock market crash history since 1920s reveals recovery risks: SocGen – Business Insider

Stock market crash history since 1920s reveals recovery risks: SocGen – Business Insider

The stock market's resurgence from its recent crash has largely been led by large technology stocks. A Société Générale study of severe bear markets over the past 100 years showed that cyclical stocks — not tech — have historically led during recovery periods like this. This present anomaly raises questions about the durability of the market's recovery,…
Protests escalate over the death of George Floyd in cities across country – Business Insider

Protests escalate over the death of George Floyd in cities across country – Business...

People continue the second day of protests in Minneapolis on May 27, 2020, over the death of George Floyd. ordan Strowder/Anadolu Agency via Getty Images George Floyd, a black man, died on Monday after a white police officer in Minneapolis kneeled on his neck for several minutes, as Floyd said he couldn't breathe.In a widely-circulated…
Twitter responds to Trump executive order on social media – Business Insider

Twitter responds to Trump executive order on social media – Business Insider

Twitter responded to President Donald Trump signing of an executive order that targets social media companies. Twitter was singled out in the order, after days of feuding with the president.The company called "a reactionary and politicized approach to a landmark law."Visit Business Insider's homepage for more stories. Twitter responded to President Donald Trump's executive order on…
Target temporarily closes 24 Minnesota stores amid looting: list – Business Insider

Target temporarily closes 24 Minnesota stores amid looting: list – Business Insider

A looter made off with Target Merchandise, and a mannequin, Wednesday night. Star Tribune via Getty Images Target is closing 24 stores in Minnesota "until further notice" amid protests against the death of George Floyd.Photos and videos showed people looting Target stores in Minneapolis-St.Paul on Wednesday and Thursday. "At this time, we have made the decision…

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The PS5 Reveal Event Won’t Answer Your Biggest Questions

The PS5 Reveal Event Won’t Answer Your Biggest Questions

After announcing its June 4 PS5 reveal event, Sony teases that it will have many more announcements to make. This suggests that fans are unlikely to get all of the answers to their biggest PS5 questions the first time around. Fans have been asking Sony to confirm the PS5’s release date and price. On Friday,…
Here’s Why the Dow Spiked 300 Points During Trump’s Nothingburger Presser

Here’s Why the Dow Spiked 300 Points During Trump’s Nothingburger Presser

The Dow Jones rallied back from losses of more than 300 points. Donald Trump’s rhetoric is growing hawkish on China, but a closely-watched press conference proved to be a nothingburger The Dow closed flat, while the S&P 500 and Nasdaq recovered into the green. The Dow Jones closed slightly lower on Friday, but the stock…
Divisive PS5 Strategy Risks Making Sony Fans Rethink Their Loyalty

Divisive PS5 Strategy Risks Making Sony Fans Rethink Their Loyalty

Sony is going all-in on the PlayStation 5, making some titles exclusive to the new console from the moment it launches. This could alienate long-time PlayStation 4 players. Is this really the most consumer-friendly approach? We don’t know much about the PlayStation 5, but what we do know is seriously impressive. The platform seems to…