Alibaba Weighs Joining Megvii's $500 Million Round, Sources Say

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Alibaba Weighs Joining Megvii's $500 Million Round, Sources Say

Megvii, the owner of facial recognition technology company Face++, is in discussions with Alibaba Group Holding Ltd. and other investors as it seeks
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Huawei CFO Cites $12 Million Home and Health Troubles in Bail Bid

Meng Wanzhou suffers from hypertension and struggles to eat solid food. She has a sleep disorder. She's willing to put up a couple of
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Japan's SoftBank prices IPO, to raise $23.5 billion with overallotment

TOKYO (Reuters) – SoftBank Corp priced its initial public offering (IPO) at 1,500 yen per share and will sell an additional 160 million shares to meet strong demand, a regulatory filing showed, raising 2.65 trillion yen ($23.5 billion) in Japan's …
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The Myth Of The Neutral Interest Rate

By Frank Shostak. In his speech to the Economic Club of New York on November 28, 2018, the Federal Reserve Board Chairman Jerome Powell said that the US central bank's policy interest rate is just below the neutral rate.
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Wall Street's Big Banks Comb Data for Recession Hints

Wall Street's biggest banks are scouring U.S. data for signals of an impending recession. On balance, they've been finding that a 2019 downturn still
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