Author: prosperplanetpulse.com
President Biden will spend a crucial few hours on Friday in Madison, Wisconsin, holding a rally aimed at injecting new energy into his sagging campaign and giving an interview to ABC News as part of an effort to demonstrate his linguistic and intellectual skills.Seven days after the June 27 presidential debate between Biden and Republican front-runner Donald Trump, the Biden campaign is facing a barrage of concern and frustration, with Democratic lawmakers calling for a withdrawal, donors angry that Biden has not made an effort to reassure voters and advisers trying to solidify his support.Recognizing that they had limited time…
Melissa Lu is a woman with many interests and no fear of pursuing them. She is currently a Senior Venture Architect at Boston Consulting Group X (X.Ventures), which invents, builds, scales and invests in startups alongside world-renowned companies. She previously co-founded Delegate, an events startup that provides tech tools to create offline, virtual and hybrid event environments. Prior to her foray into entrepreneurship, Melissa graduated from EHL Hospitality Business School (formerly known as École Hôtelière de Lausanne) and began her career in luxury and events partnerships with Quintessentially Singapore, a luxury concierge and lifestyle management group working with high-network and…
Following one of WikiLeaks’ major document leaks in 2010, then-Rep. Peter King of New York, in a tone common among government officials, said, “This is worse than a physical attack on Americans. This is worse than a military attack.”At WikiLeaks founder Julian Assange’s plea bargain hearing in the Northern Mariana Islands last week, Chief Judge Ramona V. Manglona said of the impact of these and many other revelations: “The government has suggested that there have been no personal victims. It appears to me that no known physical harm has been caused by the dissemination of this information.”Journalists, take note. For…
China may be the world’s second-largest economy, but the UK is punching above its weight when it comes to funding startups. UK startups will raise $6.7 billion in funding in the first half of 2024, overtaking China to make the UK the world’s second-highest funded country, according to a new report. Crucial to the UK’s success were 12 funding rounds of over $100 million each, including digital bank Monzo ($620 million), lender Abound ($862 million) and self-driving startup Wayve ($1.05 billion). While the UK’s overall figure was down 2% year-on-year, it was stronger than China’s, which saw fundraising reach $6.1…
Eva Marie Uzcategui/Bloomberg/Getty Images Michael M. Santiago/Getty Images An estimated 238,000 people filed initial claims for unemployment benefits last week, up 4,000 from the previous week, according to data released Wednesday by the Labor Department. The latest increase brought the four-week average of initial claims to its highest level since August 2023. Americans are also staying unemployed for longer: Continuing claims, filed by people who have been receiving benefits for at least a week, rose to the highest level since November 2021. Luke Tilley, chief economist at Wilmington Trust, told CNN they were closely watching the monthly jobs report’s underlying…
The pound rose on Friday after reports that the Labour Party had won a landslide election victory. With the election campaign over, traders will be focusing on Labour’s economic policies and the Bank of England’s next moves. The UK stock market’s major indexes had a limited reaction to the election results, reflecting the fact that many traders believed the polls and expected a landslide victory for the Labour Party. The UK housing sector was expected to be an early beneficiary of an election victory, with blue-chip housebuilders all seeing early gains. A Labour victory seemed well priced in and not…
The U.S. employment report is expected to show the number of employed people increased by 200,000 in June, a smaller number than the previous month. Bitcoin (BTCUSD) and other cryptocurrencies fell under selling pressure after the collapsed cryptocurrency exchange Mt. Gox began paying out $9 billion. The European Union reportedly plans to warn social media platform X over content violations, in the latest move against U.S. tech companies. Disney (DIS), Netflix (NFLX) and other streaming services have asked a Canadian court to cancel content fees. Shell (SHEL) is expected to take an impairment loss of up to $2 billion after…
mCare Digital Launches mCareWatch MW-241 with KORE ConnectivityAtlanta, July 5, 2024 SAN FRANCISCO, Oct 23, 2020 /PRNewswire/ — KORE, a global leader in Internet of Things (IoT) solutions, pioneering IoT hyperscaler and IoT connectivity, solutions and analytics provider, and mCare Digital, a leader in assistive technology, are proud to announce the launch of their latest innovation in personal emergency alarms: mCareWatch 241. By providing the connectivity and provisioning platform required to seamlessly connect wearable devices, KORE enables mCare to monitor patients virtually at home or in healthcare facilities. mCareWatch-241 It recently won the Best Innovative Assistive Technology Product award at…
Dow futures fell but major stock indexes rose on Friday as Wall Street braced for the release of key jobs data from the Labor Department. Tesla (TSLA) extended gains on the stock market today. ↑ X Now Playing Nasdaq, S&P 500 hit new record highs; ASML, Tencent Music, Agnico Eagle Mine in focus Before the opening bell, futures for the Dow Jones Industrial Average were down 0.1% relative to market capitalization. Futures for the S&P 500 were up slightly and the tech-heavy Nasdaq 100 was up 0.1% in premarket trading. The yield on the 10-year Treasury note fell to 4.33%…
The European venture capital firm often invests $10 million to $15 million as a lead investor in early growth rounds. Its new fund, Forestay II, has already partnered with enterprise AI companies such as Israeli cybersecurity solution Veriti. Forestay Capital announced Wednesday that it closed its second fund, Forestay II, on $220 million, which will invest in early-stage enterprise AI and software-as-a-service (SaaS) companies primarily in Europe and Israel. Forestay often invests $10-15 million as a lead investor in early stage rounds. Forestay I’s portfolio includes Wasabi, Nexthink, Scandit, and K2View, three of which have become unicorns and two of…