Latest Articles

German public servants to get 8-percent pay increases

By – Associated Press – Sunday, March 3, 2019 BERLIN (AP) – Union and government negotiators say they’ve reached a new wage agreement that will give more than a million public servants in Germany a nearly 8 percent pay increase over 33 months. The deal, announced just before midnight Saturday, […]

Amy Klobuchar mocks Robert Kraft at Gridiron Club dinner

Amy Klobuchar mocks Robert Kraft at Gridiron Club dinner

By – Associated Press – Updated: 6:07 a.m. on Sunday, March 3, 2019 — If a woman can be president, can a woman also tell a dirty joke? Amy Klobuchar thinks so. The U.S. senator from Minnesota and famously snow-swept presidential candidate was the Democratic speaker for the 134th annual […]

Ian McKellen apologizes for Kevin Spacey remarks

Ian McKellen apologizes for Kevin Spacey remarks

By – Associated Press – Updated: 6:23 a.m. on Sunday, March 3, 2019 LONDON — Actor Ian McKellen has apologized for remarks in which he appeared to suggest that allegations of sexual abuse that have been leveled against Kevin Spacey and Bryan Singer resulted from the entertainers’ unease with their […]

Facebook commissioned a study that shows people don‘t trust the internet

Facebook commissioned a study that shows people don‘t trust the internet

Facebook CEO Mark Zuckerberg.Reuters More than half of people are not confident about their privacy online, according to a study commissioned by Facebook, which has endured a torrid year when it comes to data protection. The Inclusive Internet Index shows people are revealing less about themselves online, which could be […]

This young investor bucked a major negative trend to raise $85 million for her startup fund

This young investor bucked a major negative trend to raise $85 million for her startup fund

Blossom Capital partners Imran Ghory, Ophelia Brown, Mike Hudack, and Louise Samet.Blossom Capital Blossom Capital raised $85 million for its first European startup fund. It was founded by 31-year-old investor Ophelia Brown and is one of the rare female-founded venture capital firms in Europe. There is a stark lack of […]

The City of London is finally starting to believe that the UK will avoid a no-deal Brexit

The City of London is finally starting to believe that the UK will avoid a no-deal Brexit

Reuters/Hannah McKayPro-Brexit and anti-Brexit protesters stand outside of the Houses of Parliament in London. City of London analysts are starting to virtually rule out the prospect of the UK leaving the European Union without a deal. This week, analysts JPMorgan and Pantheon Macroeconomics both affirmed their belief that the chance […]

Here‘s how fintech is taking over the world – and what‘s coming next

Here‘s how fintech is taking over the world – and what‘s coming next

BI Intelligence Digital disruption is affecting every aspect of the fintech industry. Over the past five years, fintech has established itself as a fundamental part of the global financial services ecosystem. Fintech startups have raised, and continue to raise, billions of dollars annually, pushing incumbent financial institutions to get in […]

Trump‘s administration is warning US allies to stay away from a powerful Chinese company – but not everyone‘s listening

Trump‘s administration is warning US allies to stay away from a powerful Chinese company – but not everyone‘s listening

US secretary of state Mike Pompeo (left) and Huawei CEO Ren Zhengfei.Laszlo Balogh/Getty images/AP Photo/Vincent Yu The US and Chinese phone giant Huawei are at each other‘s throats. America claims Huawei is used as a backdoor for the Chinese government to spy. Huawei denies this. The US has been lobbying […]

How British MPs are inching towards backing Theresa May‘s Brexit deal

How British MPs are inching towards backing Theresa May‘s Brexit deal

UK Prime Minister Theresa MayReuters / Toby Melville MPs are inching towards supporting Theresa May‘s Brexit deal. Theresa May will need 116 MPs to drop their opposition to the deal, including some opposition MPs Conservative minister Margot James told BI that Labour‘s support for a second referendum could push some […]

Carpocalypse now: Lyft‘s founders are right – we‘re already in the endgame for cars

Carpocalypse now: Lyft‘s founders are right – we‘re already in the endgame for cars

The Lyft IPO is all about destroying car ownership as we know it. Car sales in Britain declined 18.2% in January. It was the eighth successive month of decline. Sales in Turkey declined 60%. Europe-wide, sales are down around 6%. In the US, total car registrations have declined by about […]