Facebook's Libra consortium is meeting today after exodus of key backers

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Facebook's Libra consortium is meeting today after exodus of key backers

Facebook’s plan to introduce a cryptocurrency will face a key test Monday as the consortium of companies overseeing it gathers in Geneva. The now 22-member Libra Association is meeting in the Swiss city to review a charter that dictates the structure of the …
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Breakingviews – India Insight: Oyo gives off a WeWorky vibe

MUMBAI (Reuters Breakingviews) – Oyo Hotels & Homes might be the fastest-growing big company in the world. Ritesh Agarwal’s Indian startup is moving at dizzying speed, frantically racing to become the world’s top hotel-room provider and more. Oyo’s rise …
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The Most Popular Pot Stock Has Earned 2 Sell Ratings From Wall Street in a Month

Investing isn’t a popularity contest, as shareholders of this leading marijuana producer recently discovered. Sean Williams. Oct 14, 2019 at 7:51AM. The long-term outlook for the cannabis industry remains bright. After worldwide sales totaled $10.9 billion in …
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Gold rises as stocks pull back on waning trade deal optimism

Gold firmed on Monday as a lack of clarity on U.S.-China trade ties pushed investors back to safe havens and drove a retreat in stock markets, while palladium continued its record run to notch up a fresh all-time high. Spot gold was up 0.4% at $1,494.74 per …
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Pioneers in Poverty Alleviation Share the Nobel in Economics

Economists Abhijit Banerjee and Esther Duflo, both of M.I.T., and Harvard’s Michael Kremer have spent more than 20 years helping to revolutionize the way that researchers study — and help — the world’s poor. On Monday, their experimental approach …
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