Next stock market crash: The 60-40 portfolio hedge is dead, BAML says - Business Insider
The traditional 60-40 portfolio that is used as a benchmark for diversification "will not survive the 2020s," the bank's strategists said.
Textron, Howe & Howe, FLIR unveil Ripsaw M5 robotic combat vehicle - Business Insider
An industry team unveiled a new pitch for the Army's robotic combat vehicle program. It's a drone mothership that can field air and ground assets.
Here are 5 execs Larry Ellison and insiders say could be Oracle co-CEO - Business Insider
With Oracle‘s Mark Hurd on leave, here are 5 execs who could replace him as Safra Catz’s co-CEO, according to insiders and Larry Ellison.
Next stock market crash: John Hussman reiterates call for 65% sell-off - Business Insider
John Hussman, president of Hussman Investment trust, thinks a 65% market crash will bring the S&P 500 back to "run-of-the-mill valuation levels."
Bank of America head of small business shares key insights for SMBs - Business Insider
Bank of Americas head of small business says that small firms need to step up health care and benefits offerings to attract and retain key talent.
Trump and Republicans are pouring massive amounts of cash on Facebook anti-impeachment ads - Business Insider
The Trump campaign has historically poured money into issues his base resonates with. It's shifted from immigration to impeachment.
JPMorgan third-quarter earnings preview in light of failed WeWork IPO - Business Insider
Here's what analysts say they'll be looking for when JPMorgan reports earnings next week. They aren't sounding serious alarms, but WeWork questions are likely.
WeWork's Adam Neumann loaned money to Faraday Grid CEO who was fired - Business Insider
According to documents obtained by Business Insider, WeWork cofounder Adam Neumann loaned money to a startup CEO through his family office 166 2nd.
BlueMountain is closing its flagship fund as Stephen Siderow leaves
BlueMountain started 2019 running billions in different hedge funds. By the end of 2020, the firm will be almost entirely out of the hedge fund game.
Divvy, a rent-to-own startup, raised $43 million from Lennar, GIC and others
The company purchases homes for clients, who rent the home while building up equity. The round included Singapore sovereign wealth fund GIC and US home-builder Lennar.
Next recession, market crash: Peter Schiff unloads on Fed behavior
Peter Schiff, president and CEO of Euro Pacific Capital, thinks time is wearing thin for the US economy.
Bank of America equities org chart
Tom Montag's top dog in equities: Fabrizio Gallo, a long-tenured executive who holds sway over the division.
WeWork CEO Adam Neumann's relationship with SoftBank's Masayoshi Son
WeWork CEO Adam Neumann and main investor SoftBank's Masayoshi Son have been close, but now Son wants reportedly Neumann demoted.
Morgan Stanley: Best Buy could make up to $46 billion in healthcare
Best Buy is focused on tech-enabled senior care, giving it a competitive edge as rivals like Amazon and Walmart eye healthcare, too.
Jeff Gundlach shares rising-interest-rate stock-market strategy
The CEO and chief investment officer of DoubleLine Capital thinks investors can make a bundle from a controversial trade.
A crazy campaign stunt contributed to McDonald's relationship with its ad agency breaking down
McDonald's agency pitched a playable record made of bacon. Sources called it an example of why the agency's relationship with the company broke down.
WeWork coworking rivals explain how they are different as IPO delayed
Flex-office execs say negative press around WeWork could have effects on their businesses, but argue criticism of the broad industry is unwarranted.
Stock picks, best cheap companies to buy now: Goldman Sachs
These value stocks are already on the rise but still trading at a steep discount to Goldman Sachs' price forecasts.
JPMorgan emerges as victor amid Deutsche Bank prime brokerage exit
Following Deutsche Bank's equities exit, Wall Street competitors have gobbled up billions in assets from the firm's most-coveted hedge fund clients.
TransferWise, valued at $3.5bn, reports third straight year of profit
TransferWise reported a surge in revenue and $12.7 million in profits for the year ending in March. The fintech firm is valued at $3.5 billion.