• RT @eliza_relman: Former federal prosecutors tell me Trump's tweets attacking Marie Yovanovich amount to witness intimidation. "It is exa…
    Business Insider UK Fri 15 Nov 2019 18:41
  • RT @SportsInsider: Conor McGregor loves the mirror, has a massive ego, and will never be a fat, old man, his coach says https://t.co/hxizlC…
    Business Insider UK Fri 15 Nov 2019 17:01
  • RT @businessinsider: Yovanovitch said the State Department did not defend her from false allegations floated by President Donald Trump beca…
    Business Insider UK Fri 15 Nov 2019 16:46
  • ? OUR FRONT PAGE: LIVE: Former US ambassador to Ukraine testifies in the #ImpeachmentHearings. Follow the latest at Link. https://t.co/Ix3bYLtgdC
    Business Insider UK Fri 15 Nov 2019 15:31
    Marie Yovanovitch, the US's former ambassador to Ukraine, is the third official to testify in President Donald Trump's public impeachment hearings. Yovanovitch was abruptly recalled from her position in May after what she characterized as a smear campaign against her by Trump and his personal lawyer Rudy Giuliani. She will vividly detail the shadow campaign Giuliani conducted to strong-arm Ukraine into obeying Trump's demands for politically motivated investigations.
  • RT @businessinsider: [Thread] ? Friday marks day 2 of the Trump impeachment hearings, and Marie Yovanovitch is expected to throw the spotl…
    Business Insider UK Fri 15 Nov 2019 14:10
  • Berkshire Hathaway invested more than $200 million in RH, a fancy furniture retailer with a CEO who's a Warren Buffett fan Link
    Business Insider UK Fri 15 Nov 2019 14:00
    Warren Buffett invested more than $200 million in a fancy furniture retailer with a boss who has a history of quoting the legendary investor.Buffett's Berkshire Hathaway conglomerate bought $206 million worth of shares in RH last quarter, according to a SEC filing."As Warren Buffett said, if the skies darkened and there's an opportunity it's going to rain gold, you want to run outside with washtubs and not teaspoons," RH CEO Gary Friedman said last year.View Business Insider's homepage for more stories.
  • RT @Hamilbug: "Pornhub is not the victim in this story" — I spoke to porn director @erikalust about PayPal's decision to cut off Pornhub. h…
    Business Insider UK Fri 15 Nov 2019 13:50
  • RT @SportsInsider: Khabib Nurmagomedov says he doesn't like inflicting pain on opponents unless he's fighting Conor McGregor https://t.co/u…
    Business Insider UK Fri 15 Nov 2019 13:45
  • Ray Dalio says a US-China capital war may be on the horizon Link
    Business Insider UK Fri 15 Nov 2019 13:30

    Ray Dalio is warning that the current trade war between the US and China could spiral into a capital war. 

    "There is a trade war, there is a technology war, there is a geopolitical war, and there could be a capital war," Dalio said on Thursday, adding "How that is approached is going to determine our futures."

    The billionaire investor and founder of Bridgewater Associates, which oversees $160 billion in assets, spoke at a gala hosted by the National Committee on US-China Relations in New York — a non-partisan group founded to push cooperation between the two nations.

  • WeWork bond investors were shocked by SoftBank's delayed investment. Here's what else is going on. Link
    Business Insider UK Fri 15 Nov 2019 13:05
  • SoftBank is reportedly delaying a $3 billion tender offer to WeWork investors — a big chunk of its $9.5 billion bailout Link
    Business Insider UK Fri 15 Nov 2019 12:30

    WeWork is still waiting for a big chunk of the $9.5 billion bailout it agreed with SoftBank, according to The Real Deal, fueling fresh concerns about the troubled coworking startup and the Japanese conglomerate set to take control of it.

    SoftBank has postponed a $3 billion tender offer scheduled to begin more than a week ago, the real-estate news outlet reported, citing unnamed sources.

    The tender offer, which would allow WeWork's investors to sell up to $3 billion worth of shares to SoftBank, "is going to happen soon," a person close to SoftBank told The Real Deal. "It's just taking a little more time than expected due to the time needed to get all the technicalities in order."

  • OUR FRONT PAGE: #Brexit Secretary Stephen Barclay accused of talking 'absolute nonsense' after claiming that Brexit would reduce the number of foreign footballers in the UK. Read the full story at Link. https://t.co/9nk3inLz6e
    Business Insider UK Fri 15 Nov 2019 11:55
    Barclay has been criticised for claiming that leaving the EU will give the UK more control over whether to recruit more English players or from Africa and South America. The Premier League has said there's "no evidence" that reducing the number of foreign players would improve the quality of the England football team. Labour's David Lammy said Barclay was telling a "bare-faced lie" while the Lib Dems accused the Brexit Secretary of talking "absolute nonsense."
  • RT @SAI: Crazy 3D-printed, layered cubes can withstand bullets travelling at 5.8km per second Link
    Business Insider UK Fri 15 Nov 2019 11:50
    Researchers at Rice University in Houston have used 3D printing methods to create polymer cubes that can withstand bullets.The cubes' have elaborate structures and are made up of numerous layered lattices that make them ultra-durable.The researchers found that the cubes with these particular structures were significantly better at withstanding the impact of a 5.8 kilometre-per-second bullet and other "crushing forces" than a solid cube made of the same polymer.Visit Business Insider's homepage for more stories.
  • RT @businessinsider: Facial recognition protesters put smartphones on their heads to scan the faces of 13,000 Washington DC inhabitants htt…
    Business Insider UK Fri 15 Nov 2019 11:50
  • RT @SportsInsider: 'Disrespectful' fans cheered Novak Djokovic's mistakes during an ATP Finals match in which he was dumped out the tournam…
    Business Insider UK Fri 15 Nov 2019 11:40
  • RT @adampayne26: New: Barclay accused of spreading "absolute nonsense" and a "bare-faced lie" after suggesting that Brexit will lead to mor…
    Business Insider UK Fri 15 Nov 2019 10:30
  • OUR FRONT PAGE: Turkey doesn't want to hold onto foreign ISIS fighters but neither does the rest of the world. So where will they go? Read more at Link. https://t.co/ph3dk39KbJ
    Business Insider UK Fri 15 Nov 2019 09:20
    Turkey took over swathes of formerly Kurdish territory after President Donald Trump abruptly decided to pull US troops out of Kurdish-controlled areas in Syria last month. In the process, it also inherited many ISIS prisoners — around 1,200 foreign fighters — being held there. Turkey warned that it wouldn't be "a hotel" for militants. But countries n the UK, France, and Germany have stalled or refused to take their nationals back. ISIS may take advantage of this uncertainty to regroup.
  • RT @AlexandraMa15: Turkey doesn't want to hold onto foreign ISIS fighters but neither does the rest of the world. So where will they go htt…
    Business Insider UK Fri 15 Nov 2019 09:20
  • RT @yusmkhan: As a Gen Z journalist, I will get memes into my stories when I can. Even if it's on retirement portfolios @businessinsider…
    Business Insider UK Fri 15 Nov 2019 09:20
  • Fidelity: OK, boomer, stop piling into risky stocks in case the market tanks | Markets Insider Link
    Business Insider UK Fri 15 Nov 2019 09:00

    Fidelity Investments says 55- to 75-year-old investors are overinvesting in stocks.

    "While the market's performance over the last few years has had a positive effect on many retirement account balances, it may have also contributed to some individuals having more stock than is recommended," Kevin Barry, the president of workplace investing at Fidelity Investments, said in the firm's third-quarter retirement report.

    "Maintaining the right balance of stocks, bonds and cash can help ensure investors are not exposing their savings to any unnecessary risk, especially if the market was to trend downward," Barry added.

  • Trading is messy in this political climate, says this ex-Goldman Sachs partner Link
    Business Insider UK Thu 14 Nov 2019 17:05
    I was a former partner at Goldman Sachs who left earlier this year. I now am a macro political analyst and run MacroEagle. As long as the US consumer doesn't break, the risk here is of a squeeze higher in equities as bears throw in the towel and algos rebuild their longs.Trump's chances are at best 50/50. In the UK, Corbyn has no chance of sole power.In Europe, keep an eye on (1) the rise of France/Macron, and (2) the worst Franco-German relationship I can remember.Read the original article on Macro Hive here. 
  • Fidelity just warned baby boomers that they're over invested in risky stocks Link
    Business Insider UK Thu 14 Nov 2019 15:35

    "While the market's performance over the last few years has had a positive effect on many retirement account balances, it may have also contributed to some individuals having more stock than is recommended," Kevin Barry, president of workplace investing at Fidelity Investments, said in the firm's third-quarter retirement report.

    "Maintaining the right balance of stocks, bonds and cash can help ensure investors are not exposing their savings to any unnecessary risk, especially if the market was to trend downward," Barry added.

    The stock market is in a decade-long bull run, and some market watchers warn that a crash is inevitable. 

    Fidelity calculates ideal risk investments via its "Fidelity Equity Glide Path," which the firm says is "designed to become more conservative as participants approach retirement and beyond." The path "begins with 90% equity holdings within a retirement portfolio at age 25 continuing down to 19% equity holdings 10 to 19 years...

  • RT @AlanDawsonSport: ?PERSONAL NEWS? Big deal for me personally and for @businessinsider and @SportsInsider, as I am now a full member of…
    Business Insider UK Thu 14 Nov 2019 14:50
  • RT @SportsInsider: Wladimir Klitschko wants to return to boxing, but his chances of breaking the record as the oldest heavyweight champion…
    Business Insider UK Thu 14 Nov 2019 14:19
  • OUR FRONT PAGE: #WeWork has been sending alarming noncompete letters to workers it laid off earlier this year. Read more at Link. https://t.co/yJgK2kCPH7
    Business Insider UK Thu 14 Nov 2019 13:59
    WeWork has sent alarming legal letters to people it laid off earlier in 2019, warning them not to compete with its business. The company warned it was "formally putting [them] on notice" even though there is no evidence that the workers have breached their contracts. It is normal to remind employees not to pass on confidential information once they've left a company. But UK employment lawyers described WeWork's letters as "heavy-handed" and "aggressive." WeWork declined to comment.
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