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Forbes.com Financial


07/20/2018
How US Retail Giant Kroger Is Using AI And Robots To Prepare For The 4th Industrial Revolution
Traditional grocery retailers are trying to develop omnichannel approaches to stay viable for the 4th industrial revolution. Kroger, one of America's largest grocers, is making a significant commitment to creating the grocery experience of the future via today's latest technology.
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07/20/2018
Is Digitalization In Oil And Gas Wowing The Workforce?
The oil and gas sector lacks skilled workers and the hope is that digitization will prove to be the bait to lure in the employees that it needs, but are the aspirations matching the reality?
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07/20/2018
New Technology May Help Airlines Cut Pricey Fuel Consumption And Meet Environmental Regulations
With jet fuel prices 50 percent higher than last year, airlines are testing new technology that would continually optimize flight plans for maximum fuel efficiency. Based on big data analytics, the new systems also may lead to fewer delays, lower emissions, and less turbulence.
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07/20/2018
Establishment Labs Becomes The First Costa Rican Company To Go Public On A U.S. Exchange
Today was a big day for Juan José Chacón-Quirós, also known as “JJ.” His company, Establishment Labs, became the first company headquartered in Costa Rica, to go public on an American stock exchange.
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07/20/2018
Does Federalism Make Sense For The Philippines?
A federal form of government, if enacted, will likely prove a bane rather than a boon for the country.
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07/20/2018
Losing Streak Emerges As NYC, Hired Guns Defeated In Climate Change Case By Big Oil
Federal judges continue to reject the efforts of private lawyers who hold a financial stake in lawsuits brought by government officials against the oil industry over the alleged effects of climate change.
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07/20/2018
Meal Kit Solutions Lack One Key Ingredient: Human-Centered Design
Meal kit solutions, despite their fanfare, are struggling because they forget one important element -- the principles of human-centered design. Instead of solving the inherent pain points in grocery shopping, they are instead to grocery consumers what the stylus was to Steve Jobs.
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07/20/2018
Hong Kong's Rising Startup Scene: 30 Under 30 Entrepreneurs Weigh In
The third Forbes Under 30 Summit Asia took place in Hong Kong, and we took the opportunity to ask some of the city's young entrepreneurs what they believe sets it apart from its Asian counterparts.
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07/20/2018
We've Become Lazy At Hiring: Let's Do Better
The career market is changing at warp speed and hiring solutions are falling short. Is there a better way to find and assess talent?
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07/20/2018
Report: Facebook CEO Congratulated Trump On 2016 Win After 'Innovative' Social Campaign
BuzzFeed has reported that CEO Mark Zuckerberg congratulated president-elect Trump by phone after a long, innovative marketing collaboration between Facebook and POTUS' campaign.
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07/19/2018
Black Unemployment Rate Ticks Up While Homeownership Declines
That national unemployment rate for African Americans people inched up in June to 6.5%, after hitting an all-time low of 5.9% in May. Many African American households are worse off than they were 30 years ago.
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07/19/2018
Disrupting The Disrupted: Danone's Pursuit To Dominate The Food Industry
Investing in brands that are fringe players today but are poised to become trendsetters tomorrow is a bold strategy to upend competitors. But it's not easy for a parent brand to honor what has shaped the identity and differentiation that made portfolio brands provocative in the first place.
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07/19/2018
Miami To Vote Next Week On State Funding For Grand Prix
Miami's Commissioners will vote next week on whether to urge Florida governor Rick Scott to fund the plans for a Formula One Grand Prix on the streets of the city.
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07/19/2018
Mexico's AMLO: Rhetoric vs. Reality
AMLO scores well with his anti-crime rhetoric, but the reality is that he has no plan of attack. Indeed, one wonders whether he knows what the word “plan” means. At this point, it looks like there will be a huge gap between AMLO’s rhetoric and Mexico’s reality.
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07/19/2018
Intuitive Surgical Beats Expectations, Driven By da Vinci System
Intuitive Surgical again beat revenue and earnings expectations with the help of its da Vinci robotic surgical systems when it reported its second quarter performance after the market closed Thursday.
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07/19/2018
Proposed US Patient Advocacy Bill Will Toughen Financial Reporting Obligations For Pharma
A proposed bill aims to increase transparency in the pharmaceutical industry.
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07/19/2018
Emergency Docs Sue Anthem BCBS Of Georgia For Denying Payments
A new practice aimed at decreasing reimbursement dollars for emergency care has some fearing it will prevent the sick from receiving care at all: retroactively denying payments for ED patients whose diagnoses are deemed “not truly emergencies.” ACEP and MAG sue BCBS of Georgia over this new policy.
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07/19/2018
Review: 'Unfriended: Dark Web' Doesn't Earn A Like Or A Follow
It's not quite "block-and-report" lousy, but this more grounded, but less engrossing sequel doesn't measure up to its surprisingly strong predecessor.
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07/19/2018
Berkshire Hathaway Hints Share Buybacks Could Happen Soon
Buffett shakes up repurchase authorization plan
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07/19/2018
Cleveland Indians Add Reliever Brad Hand In Trade With San Diego Padres
The trade comes only two days after Hand pitched for the National League and retired all three batters he faced in the annual All-Star Game.
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07/19/2018
As Mega-Mergers Stumble, Hospitals Pursue Diverse Alliances
Non-profit health system mergers are fraught with risk.
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07/19/2018
How To Use Kanban To Become Insanely Productive: A Short Guide
Are you searching for the perfect productivity system? First the bad news: It doesn't exist. You're going to have to do the work no matter what system you use. Now the good news: Kanban is an easy-to-use and -learn system that can help avoid feeling overwhelmed by those endless To Do lists.
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07/19/2018
America's Grids Are Not Ready For Summer Heatwaves
Los Angeles has already suffered blackouts as hot weather pushed the electric grid past capacity this summer. Other markets are vulnerable, too. Our deregulated electricity markets, it turns out, aren’t doing a good job at serving either consumers or power generators.
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07/19/2018
Tesla's Struggles Are A Threat To The Future Of Electric Cars
The transition to EVs is increasingly dependent on the success of Tesla, with the company likely to account for 60% of all EVs sold in the U.S. by the end of 2018. If it falls, it's not clear that we can count on any other automaker to carry the torch on EVs.
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07/19/2018
Texas Electric Grid Sets New System-Wide All-Time Peak Demand Record, Twice
High demand and associated high prices sometimes make news, but the Texas grid is under significantly more scrutiny this year than in times past, for two main reasons; 1) coal plant retirements and 2) continued questions about the efficacy of its energy-only market.
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07/19/2018
Trump's Auto Tariffs Receive Little Support In First Day Of Hearings
Prices will increase by between $455 and $6,875 per vehicle, depending on the assembly location and the level of imported content, the report projected.
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07/19/2018
Robot Truck Upstart Embark Hauls In $30 Million To Take On Waymo And Uber
Sequoia Capital leads $30 million funding round for the San Francisco startup founded by a pair of 22-year-old Canadian roboticists. The company is already generating revenue from commercial shippers.
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07/19/2018
Box Office: 'The Greatest Showman' Became One Of The Leggiest Movies Ever
The beloved P.T. Barnum biopic had the leggiest run for any wide release opener in 20 years.
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07/19/2018
Saudi Arabia's Statement On Exports Stops The Crude Price Bleeding
If someone tries to tell you the know where the price for crude oil is going, ignore them, because they're either misinformed or lying to you.
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07/19/2018
Trade Wars Will Disrupt Supply Chains, Slow Global Growth
Right now, trade wars are the greatest threat to global growth. And if President Trump implements the threat of tariffs on autos, it could be the tipping point for a global equity selloff.
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07/19/2018
Why Warner Bros. Will Open 'Joker' A Month Before 'Wonder Woman 1984'
WB hopes to mimic their year-end 2018 schedule and further distance their 'Joker' prequel from the conventional DC Films slate.
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07/19/2018
A New Jersey Law Meant To Protect Charities Shouldn't Shield The NCAA And Its Billions
Even if the NCAA qualifies for immunity based on the expressed language of the Charitable Immunity Act, it should not qualify based on the purpose of the statute’s enactment.
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07/19/2018
Bookstore Sales Up in May
Bookstore sales may have finally reached a new normal.
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07/19/2018
Rise Of The Machines: Understanding The Autonomy Levels Of Self-Driving Cars
As cars get smarter and smarter, consumers struggle to understand the latest innovations.
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07/19/2018
3 Things I Learned Firing My Best Friends
Embarking on an entrepreneurial journey is hard enough. Recruiting the right people to see that dream come to fruition can be even harder. When you screw that up, it can lead to some uncomfortable conversations. Sometimes it even means you have to fire your best friends.
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07/19/2018
Uber Strikes Exclusive Deal With Cargo To Bring Snacks To Riders
Get ready for more snack boxes in your Uber after the company signed an exclusive deal with Cargo.
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07/19/2018
Liquid Biopsy Controversy Rages On
Last year, researchers showed that two commercially available liquid biopsy tests for cancer produced drastically different results. Now the companies and researchers are in a war of words to prove who is right.
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07/19/2018
Changing The Way Medicare Pays Doctors
Medicare proposes new rules for paying doctors. It would pay less for knee and hip replacements but more for other procedures. The rules may slow the move away from volume and to better quality care.
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07/19/2018
How Do We Design Workplaces For Inclusivity And Diversity
Inclusivity and diversity has to be inbuilt into a company's ethos and culture. Inclusive design helps to create an environment that accepts and acknowledges differences but does not highlight or segregate people. Here is why inclusive design is important and how it can be applied.
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07/19/2018
FDA To Consider Drug Importation In Battle Against High Drug Prices
FDA Commissioner Scott Gottlieb, once a critic of drug importation, is now tasked with the challenge of figuring out whether bringing certain low-cost drugs in from overseas will provide price relief for consumers.
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07/19/2018
Boston Celtics Rookie Robert Williams Has Inauspicious Start To NBA Career
The Boston Celtics didn't add LeBron James or Kawhi Leonard this offseason, so their most notable summer acquisition just might be their first-round draft pick, Texas A&M's Robert Williams. Unfortunately, the rookie's first few weeks with the franchise have been disastrous.
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07/19/2018
DeMar DeRozan's Tax Savings And 8 Other Numbers To Know From The Sports World This Week
How much money does Mike Trout make in endorsements? What is Liverpool paying to acquire its newest superstar? Check in here to find the stats and figures that defined the sports world this week.
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07/19/2018
Microgrids Hold The Key To Providing Power For All
Almost 1 billion people around the world still lack access to power. But developments in energy storage and solar technology mean that virtually every could have access to power by 2030, and at a much lower cost than many experts believe.
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07/19/2018
Do What Tom Coughlin Did At Panera; The World Will Be Better For It
Leaders are always leading. Far from the spotlight, Tom Coughlin showed that at a quiet lunch one day in Malta, New York.
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07/19/2018
Vintage Car Collectors Up In Arms Over Threatened Auto Tariffs
Besides global corporations and foreign governments, Trump's proposed 25 percent tariff on auto imports has got American vintage car enthusiasts fearing that it could ruin their hobby.
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07/19/2018
How Dependent Is Germany On Russian Gas?
Trump was wrong when he said the country is 70% dependent, its actually 34%. But figures released this week show that proportion is growing rapidly.
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07/19/2018
Where To Search Between An Oasis, Rock Archway And Dinosaurs In 'Fortnite: Battle Royale'
Here's where to search between an Oasis, Rock Arch and Dinosaurs in Fortnite: Battle Royale's Season 5, Week 2 challenges.
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07/19/2018
4 Underrated Pitchers Who Just Might Change October Baseball
Although 2018's playoff matchups are a long way from being set, the first half of the season highlights a few rising star pitchers who could make or break their teams' run for a World Series.
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07/19/2018
Formula One Star Lewis Hamilton Signs $100 Million Contract With Mercedes
The biggest star in racing is staying in the Mercedes paddock, as Lewis Hamilton inks a two-year contract extension with the German manufacturer.
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07/19/2018
Formula E Wraps Fourth Season With Eye On The Future
Formula E wrapped its fourth season on Sunday. Next season will feature an all-new Gen 2 car that will bring dramatic changes.
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07/19/2018
SAPVoice: Trade Renewable Energy With Your Next-Door Neighbor Using Blockchain
Blockchain pilot disrupts green energy trading, connecting consumers and utilities on trusted distributed ledger for cost-savings, sustainability.
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07/19/2018
Agilox Robots Rely on Swarm Intelligence
Robots with swarm intelligence. That sound ominous! It really isn't. It is actually pretty cool. This article describes swarm intelligence and how it is being used in robots for logistics.
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07/19/2018
Why Warren Buffett Just Donated $3.4 Billion
Warren Buffett just gave away $3.4 billion. Here's why.
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07/19/2018
Federal Reserve Chair Jerome Powell Is So Straightforward I Almost Fell Out Of My Seat
Jerome Powell's statement characterization of rate hikes as a policy that will get inflation to 2% sustainably highlights a new, straightforward view at the Federal Reserve. Higher rates beget growth and inflation.
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07/19/2018
Blockchain And IP: A Likely Marriage
Last summer I talked about blockchain in a series of interviews here and, for the past couple of months, we have been running a series on startup issues. As discussed many times, the foundation of most companies’ value is their intellectual property (IP).
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07/19/2018
Why This Music Industry Expert Predicts A New York Renaissance
Start spreading the news...
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07/19/2018
Latest Example Of How Amazon Keeps Crushing It With Sports
Napoli have become the first soccer team in the world to launch their own store on Amazon.
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07/19/2018
What Americans Pawn When They Need Cash [Infographic]
An analysis has revealed what Americans most commonly pawn with electronics in top spot.
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07/19/2018
Asia's Insatiable Oil Demand
Oil demand continues to grow at a rapid pace, but there are some big surprises in the demand changes among individual countries.
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07/19/2018
Black WWE Superstars Don't Sound Too Thrilled To Have Hulk Hogan Back
As WWE attempts to shoehorn Hulk Hogan back into its universe, black WWE Superstars seem indifferent at best.
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07/19/2018
NSA Meets To Influence The World
NSA, that’s the National Speakers Association, just wrapped up Influence 2018, the premier event for professional speaking. More than 1,500 professional speakers met and listened to amazing keynote speakers talk about everything from business strategies to giving back to the community.
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07/19/2018
Automakers' Reinvention At Risk As Trump's Tariffs Threaten Their Core Business
As automakers prepare for an era of electric, connected, self-driving cars, they are reaching for support in Washington to prevent the Trump administration’s threatened auto tariffs from harming the meat and potatoes of their businesses.
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07/19/2018
Shippers Caused The Truck Driver Shortage
Land O’Lakes Chief Supply Chain Officer, Yone Dewberry, told an audience, “We’ve created it” (the truck driver shortage). “As an industry” (shippers), “we’ve done this to ourselves.” Land O'Lakes is scrambling to cover their loads, and participating in some interesting pilots.
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07/19/2018
Rite Aid-Albertsons Comeback Hinges On Narrow Pharmacy Networks
Albertsons and Rite Aid plan to escalate the narrow pharmacy network strategy should their merger be approved so the larger company can compete with CVS Health, Walgreens and Walmart.
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07/19/2018
Prime-Time TV Ratings For Each Team At The MLB All-Star Break
Here are the prime-time television ratings for all the U.S. teams in Major League Baseball as they headed into the All-Star break.
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07/19/2018
In Signing Lucas Torreira, Arsenal Has Done Something It Hasn't Done in Over 15 Years
The transfer of Lucas Torreira to Arsenal from Sampdoria was not confirmed until after Uruguay's exit from the World Cup although the deal had been brokered weeks before. Arsenal fans were able to get a look at the midfield player during the World Cup and it is fair to say they liked what they saw.
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07/19/2018
HSBC's Global Head Of Digital Says The Bank Is "Cautiously Looking" At Crypto Use Cases
Forbes sat down with HSBC's digital chief, Josh Bottomley, for his take on the bitcoin boom and where banks fit in.
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07/19/2018
Investors Boost Airline Shares Despite Evidence That They Lack Pricing Power
The Big Three have given us indications that they’ve been able to push up the price of fares, but not by much; certainly not by enough to cover a nearly 40% year-over-year increase in the cost of fuel for their planes. So why are investors bidding up their share prices?
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07/19/2018
How One Championship's Angela Lee Became One Of The Most Influential Martial Artists In The World
One Championship Atomweight Champion Angela Lee has become a star behind grappling prowess, toughness, resilience and an approachable quality that has made her a natural for branding opportunities, and an undefeated champion in the cage.
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07/19/2018
Left Side Of Patriots' Offensive Line Will Soon Be Center Of Attention
The New England Patriots' offensive line will enter training camp under construction. Isaiah Wynn and Trent Brown, acquired less than 24 hours apart in April, are expected to have a hand in why.
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07/19/2018
Why Banks And FinTech Need Each Other... And For How Long
According to Sebastian Siemiatkowski, CEO of Klarna, banks need to be customer centric, not just talk about it. But in practice, we see little change in the banks’ approach. That’s why we often hear about developing alliances between banks and FinTech platforms. Will friends become enemies?
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07/19/2018
Alibaba Spends $2.2B, Looks To Connect With Shoppers In Elevators, Too
China e-commerce giant will hold a 10.3% stake in Focus Media.
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07/19/2018
OracleVoice: Ag Company Driscoll Making Hay Of Big Overseas Market Opportunities
Midsize agriculture company Driscoll relies on Oracle NetSuite to inform its global expansion.
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07/19/2018
How Once-Ailing PC Maker Acer Turned Itself Around And The Man Who Did It
CEO Jason Chen helped to conjure up a comeback for the tech giant largely by pushing PCs for gamers.
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07/19/2018
Googe Vs. EU. Misleading Rebuttal That Google Did Not Need To Make
Misleading rebuttal that Google did not need to make.
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07/19/2018
The Inexorable Creep Towards A Smart Grid Being Driven By Software Solutions
As both electricity generation and consumption patterns change, the electricity grid must evolve into a smart grid to cope. With infrastructure investment slow and costly, operators are looking to IoT and software-driven solutions
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07/19/2018
5 Ways Tech Companies Can Retain Their Diverse Talent
This article focuses on retention strategies that tech companies can implement to retain diverse talent.
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07/19/2018
Chinese Bike-Share Startup Ofo Lays Off Majority Of U.S. Staff As It Scales Back Global Ambitions
Ofo is laying off dozens as it closes some of its US cities.
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07/18/2018
Bitcoin Prices Up 16% In Seven Days At $7400, Still Undervalued
the Bitcoin Market Model places the Bitcoin price at $8,605.80.
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07/18/2018
Four Years Later, Formula E May Be Starting To Win Over Car Buyers
Will Formula E Help Speed The Adoption of EVs?
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07/18/2018
Elon Musk, DeepMind Founders, And Others Promise Not To Make Lethal AI Weapons
The signatories have promised to "neither participate in nor support the development, manufacture, trade, or use of lethal autonomous weapons."
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07/18/2018
Why You Shouldn't Miss Out On Energy Exposure In Today's Market
Energy companies appear inexpensive and have performed well in recent months, we explain how energy exposure can help your portfolio.
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07/18/2018
IBM Is Rising Again
Big Blue has already turned the corner.
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07/18/2018
Playing Trade War Chicken
Aversion to a sure loss is playing an important psychological role in explaining why President Trump is taking the U.S. into a series of trade wars. The concern with this policy is that we, and our trading partners, are now engaged in a series of imprudent risks from metaphorically playing chicken.
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07/18/2018
U.S. Trade Deals Could Likely Happen Soon
It may seem an optimistic view, but conditions seem to be shaping up for some major trade compromises relatively soon.
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07/18/2018
5 Key Questions To Ask When Setting Your MarTech Budget
It’s critical that marketers be strategic about budget planning and focus on securing adequate and realistic MarTech budgets. Below are five important questions you should ask before establishing your MarTech budget.
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07/18/2018
Double Tax Argument Falls Flat As Pennsylvania Supreme Court Rules Soda Tax Legal
The Pennsylvania Supreme Court handed the City of Philadelphia a win today when it upheld a previous ruling that the tax on sweetened beverages is legal.
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07/18/2018
'Equalizer 2' Review: Denzel Washington's First Sequel Misses Its Target
It's a more generic and less righteously grandiose actioner compared to its almost self-satirizing predecessor.
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07/18/2018
Raptors' Foolish Kawhi Leonard Trade Works Splendidly For Lakers
The Lakers missed out on trading for Kawhi Leonard, but that's not the end of the story.
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07/18/2018
Tony Clark's Complaints About MLB Owners Ring Hollow
The players' union man is way off to claim that that teams aren't spending on free agents. They're not only spending, they're still wasting millions.
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07/18/2018
Apple And Zoox Show How Stealth And Learning Are In Tension On Self-Driving Cars
New revelations from the secretive self-driving efforts of Apple and Zoox are reminders of that secrecy protects innovation, but transparency can lead to faster learning.
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07/18/2018
NVIDIAVoice: Moving The World: How Mobility-As-A-Service Means Mobility For All
Self-driving cars may sound like a figment of science fiction imagination, but they hold the potential to solve traffic safety and inefficiency problems.
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07/18/2018
Why Millennial Leaders Are Driving For Business Purpose Over Profit
With social impact fundamental to the values of millennials, their behavior as consumers and employees hold clues to the leadership style and societal values they'll bring as they come into positions of power.
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07/18/2018
Tax Reform Will Pay Big Dividends For This Economy
Tax reform's limitation of interest deductibility will create a more efficient economy and a more resilient financial system. Critically, it should survive the next Democratic majority, whenever it arrives.
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07/18/2018
Box Office: 'Ant-Man And The Wasp' May Only Tie 'Ant-Man'
'Hotel Transylvania 3' is using those summer weekdays to far outpace its predecessors.
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07/18/2018
Hyundai's Going Deeper With Amazon And Alexa, And Car Shopping Sites Should Be Worried
Hyundai USA has launched the first digital auto showroom on Amazon.com, and its vehicles are connected to Alexa. The automaker predicts Amazon will become the top car shopping site.
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07/18/2018
How Grocers Can Use Customer Loyalty To Their Advantage [Infographic]
Despite the industry's rapid change, traditional grocers have more power than they think.
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07/18/2018
If Radical Innovation Makes Nuclear Power Expensive, Why Do We Think It Will Make Nuclear Cheap?
History shows that radical changes to reactor design increase costs while the standardization of design and incremental innovation lowers them. Why then are we so excited about ever-more radical designs?
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07/18/2018
Earnings Preview: What To Expect From Skechers On Thursday
Skechers is expected to earn $0.40/share on $1.13 billion in revenue. Meanwhile, the so-called Whisper number is $0.40.
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