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Salesforce has reportedly held talks to buy office messaging app Slack

The Salesforce Tower in New York City Brendan McDermid/Reuters Salesforce has held talks to acquire the workplace chat firm Slack, per a Wednesday report from the Wall Street Journal. The move would signal a more aggressive foray into office communication software for Salesforce. There is no guarantee that the preliminary talks will lead to an acquisition, according to the report. Visit Business Insider's homepage for more stories. Salesforce held talks to buy the workplace messaging app S...
Tags: News, Enterprise, Microsoft, New York City, Trends, Ubs, Salesforce, Wall Street Journal, Slack, Marc Benioff, Tech Companies, Acquisitions, Salesforce Tower, Tech Insider, CMO Club, Microsoft Salesforce


Alaska Airlines will acquire 13 more Boeing 737 Max planes despite misgivings from skeptical consumers about safety

An Alaska Airlines Airbus A320 acquired in a merger with Virgin America. Angel DiBilio.Shutterstock.com Alaska Airlines is acquiring 13 additional Boeing 737 Max 9 aircraft in a deal that will also see the sale of 10 Airbus A320 jets.  The FAA ungrounded the Boeing 737 Max on November 18 following a 20-month evaluation that still has flyers saying they won't fly on it.  Alaska will grow its 737 Max 9 fleet to 45 aircraft with the new order from Air Lease Corporation. Visit Business Insider...
Tags: Travel, Transportation, News, Air Travel, Washington, Air Canada, Planes, US, Los Angeles, San Francisco, Trends, Flying, Alaska, Hawaii, Ubs, Aviation


Alaska Airlines will acquire 13 more Boeing 737 Max planes despite misgivings from skeptical consumers about the safety of the plane

An Alaska Airlines Airbus A320 acquired in a merger with Virgin America. Angel DiBilio.Shutterstock.com Alaska Airlines is acquiring 13 additional Boeing 737 Max 9 aircraft in a deal that will also see the sale of 10 Airbus A320 jets.  The FAA ungrounded the Boeing 737 Max on November 18 following a 20-month evaluation that still has flyers saying they won't fly on it.  Alaska will grow its 737 Max 9 fleet to 45 aircraft with the new order from Air Lease Corporation. Visit Business Insider...
Tags: Travel, Transportation, News, Air Travel, Washington, Air Canada, Planes, US, Los Angeles, San Francisco, Trends, Flying, Alaska, Hawaii, Ubs, Aviation


Meet 2020's Rising Stars of Wall Street from firms like Goldman Sachs, Bridgewater, and Apollo

The next crop of Wall Street leaders. Grayscale Investments; Goldman Sachs; Bank of America; Deutsche Bank; Samantha Lee/Business Insider As Wall Street navigates a health pandemic that's changed the way we work and dramatically changed the economic landscape, we take a look at the players rising up despite the challenges and grasping opportunities as they see them.From launching game-changing groups within global financial institutions, to having a hand in restructuring entertainment giant...
Tags: New York, London, Amc, US, San Francisco, Trends, Bank Of America, Chicago, Paris, Ubs, Deutsche Bank, Goldman Sachs, Lgbtq, University of Toronto, Tingle, Blackrock


Elon Musk says Tesla is working on a battery that drives more than 600 miles — and hints at a new compact car for Europe

Elon Musk wears a protective mask as he arrives to attend a meeting with the leadership of the conservative CDU/CSU parliamentary group, in Berlin, Germany September 2, 2020. Tobias Schwarz/Pool via REUTERS Tesla is developing a battery with 600 miles of range, Elon Musk said Tuesday. The CEO also hinted that Tesla may develop a smaller, compact car for European markets.  "I was driving around Berlin and in quite a bit of trouble finding a parking space where we could fit," he said. Visi...
Tags: Transportation, Europe, Elon Musk, News, Germany, Berlin, US, Trends, Tesla, Ubs, Batteries, US environmental protection agency, Model X, Musk, CDU CSU, Reuters Tesla


Global stocks jump as Trump authorizes Biden's presidential transition process to begin

Lucas Jackson/Reuters Global stocks jumped on Tuesday after Donald Trump authorized President-elect Joe Biden's presidential transition process to begin. Trump took a significant step toward acknowledging the election result on Monday evening, but is still convinced he and his allies can continue to contest the outcome.Biden's planned nomination for former Federal Reserve chair Janet Yellen as Treasury Secretary is another key driver boosting market sentiment.AstraZeneca's vaccine is helpi...
Tags: Europe, Japan, London, Senate, China, Global, Trends, Joe Biden, Frankfurt, United States, Ubs, Treasury, General Services Administration, Astrazeneca, Janet Yellen, Federal Reserve


The world's largest wealth manager breaks down 4 sectors that will disrupt the technology industry and become major investment themes over the next decade

First Solar  UBS said that investors will benefit from buying fintech, healthtech, greentech, and 5G stocks as these 4 sectors will disrupt the technology industry and become the dominant investment themes throughout the next decade. These themes will dominate the market as last decade's leaders—technology and consumer discretionary—lag behind. UBS added that the coronavirus pandemic triggered a permanent shift towards telemedicine and contactless payments, two investment themes with upsid...
Tags: Japan, US, Trends, Investing, Markets, Renewable Energy, Eu, Ubs, Fintech, Green Energy, 2021, Healthcare Stocks, Stock Market Analysis, Long-Term Investing, Emily Graffeo, Investing advice


Stocks still have major upside potential with the Fed poised to backstop sluggish stimulus progress, says the world's largest wealth manager

Spencer Platt/Getty Images Investors continue to cling onto hope that another round of fiscal stimulus to combat the COVID-19 pandemic will be passed by Congress.While more stimulus would likely provide a boost to stocks, any setbacks in the deal making process "won't derail [the] equity rally," UBS chief investment officer Mark Haefele said in a note on Friday.Potential setbacks became clear this week after Senate Majority Leader Mitch McConnell called a stimulus proposal from the Democra...
Tags: Congress, Washington, Finance, Senate, US, Trends, Markets, Tesla, Ubs, Treasury, Mitch McConnell, Trading, Stocks, US Treasury, Federal Reserve, Biden


US stocks slide amid dispute over Fed funds and spiking COVID-19 cases

Bryan R Smith/Reuters US stocks fell on Friday as conflict over the use of Federal Reserve funds offset positive developments for vaccine distribution.Treasury Secretary Steven Mnuchin urged the Fed on Thursday to return funds set aside for emergency lending, setting up several relief programs for year-end expiration.The move marked a rare bout of disagreement, as the Fed replied with a call to extend "the full suite of emergency facilities" past their upcoming deadlines.Pfizer and BioNTec...
Tags: California, US, Trends, Markets, Bank Of America, Bitcoin, Ubs, Treasury, World Health Organization, Oil Price, Warren Buffett, Fda, Pfizer, Federal Reserve, Dow Jones, Gold Price


10 things you need to know before the opening bell

Thomson Reuters Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.For the biggest stories in politics, sign up here for 10 Things in Politics You Need to Know Today - launching soon!Here's what you need to know before markets open.1. Global stocks tumble as COVID-19 spread douses vaccine optimism. .2. A Tesla rival is going public at a $5.4 billion valuation. The British startup is set to list on the NASDAQ via a SPAC set up by a form...
Tags: Finance, Trends, Markets, Ubs, Morgan Stanley, EIA, Intuit, ADP, Shark Tank, SPAC, Wedbush, Kevin O Leary, Mike Novogratz, 10 Things Before Opening Bell, Trader Chat, Shalini Nagarajan


The world's largest wealth manager names 4 sub-sectors poised to be the 'next big thing' for investors

A man crosses a nearly deserted Nassau Street in front of the New York Stock Exchange (NYSE) in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., April 3, 2020. Mike Segar/Reuters After tech and consumer discretionary sectors dominated the last decade, investors should look elsewhere for the next market leader, Mark Haefele, chief investment officer of UBS Wealth Management, said Wednesday.After a decade of ...
Tags: Japan, China, US, Trends, Eu, Credit Suisse, Ubs, Manhattan, Biden, Gene, Morningstar, New York City New York, Nassau Street, New York Stock Exchange NYSE, UBS Wealth Management, Mark Haefele


Global shares ease, as weak US consumer spending revives fears over COVID-19 hit to the economy; Bitcoin hits $18,000

Bitcoin logo. Omar Marques/Getty Images Global equities ease from this week's record highs, after US data shows Americans barely hit stores last month, igniting concern over the threat of COVID-19 to the economy. COVID-19 cases in Europe continue to surge, with infections in France passing 2 million and the UK recording the biggest daily increase since May, knocking utilities and construction stocks. Government bond yields eased, although safe havens such as the Swiss franc and gold fell a...
Tags: Apple, Europe, UK, London, France, Germany, Global, US, Trends, Bitcoin, Shanghai, Ubs, Berkshire Hathaway, Warren Buffett, Pfizer, Costco


Volkswagen's CEO says its latest round of investment in electric self-driving cars will let it finally 'beat Tesla'

Herbert Diess, CEO of German carmaker Volkswagen addresses the media during the annual news conference at the Volkswagen plant in Wolfsburg Reuters Volkswagen is increasingly transparent about how it plans to catch Tesla's lead in electric vehicles. In a conference call Monday with analysts and investors, its CEO outlined an increased and accelerated investment into its electric powertrain and software development.  "The commitment, the investments, and the industrialization plans are ther...
Tags: Transportation, Elon Musk, News, Berlin, Trends, Tesla, Vw, Electric Vehicles, Ubs, Volkswagen, EVs, Wolfsburg, Musk, Ev, Herbert Diess, Reuters Volkswagen


Pfizer picks 4 US states to trial transporting its COVID-19 vaccine at temperatures far below freezing. It's a key test of the 'cold chain' the vaccine will rely on.

A volunteer receives an experimental vaccination for the coronavirus as part of a Pfizer clinical trial at the University of Maryland's medical school. University of Maryland Pfizer is piloting delivery options for its COVID-19 vaccine in Rhode Island, Texas, New Mexico, and Tennessee, Reuters reported Tuesday. The vaccine has to be shipped and stored at minus 94 degrees Fahrenheit, which poses major distribution challenges. Moderna's vaccine, by comparison, can be stored in a fridge. ...
Tags: Texas, US, Trends, Tennessee, Healthcare, Ubs, Pfizer, Vaccine, New Mexico, Rhode Island, Reuters, Tennessee Reuters, Moderna, Coronavirus, COVID-19, Coronavirus Vaccine


Guitar Center expects to file for bankruptcy after debt plan

By Katherine Doherty and Niluksi Koswanage | Bloomberg Guitar Center, the largest musical instrument retailer in the U.S., said it expected to file for bankruptcy after reaching an agreement to restructure its debt. The plan will include as much as $165 million in new equity investments from funds managed by its private equity owner Ares Management, as well as the Carlyle Group and Brigade Capital Management, the company said in a statement Friday. It also aims to reduce debt by almost $800 mill...
Tags: Business, Bloomberg, Sport, Bankruptcy, Soccer, Ubs, Guitar Center, Kirkland Ellis LLP, Paul Weiss Rifkind Wharton Garrison, Amazon com Inc, Ares Management, Los Angeles Daily News, Houlihan Lokey, LLP, Westlake Village, Debevoise Plimpton LLP


Goldman Sachs' cohead of investment banking is leaving. Here's everything that's been going on inside the powerhouse Wall Street bank.

Goldman Sachs CEO David Solomon. Getty Images Goldman Sachs has been going through some massive changes under CEO David Solomon.It's taken big steps involving transparency and inclusion to change up its culture. After its first-ever investor day in early 2020, the firm is looking to execute on targets including multi-year cost-cutting plans. And it's making big pushes into businesses like wealth management and consumer banking. Solomon has also been interested in reducing the number of part...
Tags: London, Instagram, White House, Virginia, Trends, General Motors, Bloomberg, Michael Dell, Ubs, Silicon Valley, Goldman Sachs, Salt Lake City, Biden, Goldman, KKR, Blackstone


Inside Goldman Sachs' 2020 partner class: here's how one of the most elite clubs on Wall Street is transforming

Goldman Sachs CEO David Solomon. Getty Images Goldman Sachs has been going through some massive changes under CEO David Solomon.It's taken big steps involving transparency and inclusion to change up its culture. After its first-ever investor day in early 2020, the firm is looking to execute on targets including multi-year cost-cutting plans. And it's making big pushes into businesses like wealth management and consumer banking. Solomon has also been interested in reducing the number of part...
Tags: London, Instagram, White House, Virginia, Trends, General Motors, Bloomberg, Ubs, Silicon Valley, Goldman Sachs, Salt Lake City, Biden, Goldman, KKR, Blackstone, Wall Street Journal


The world's largest wealth manager says stocks still have upside after Monday's vaccine rally — and offers 4 sectors with the greatest potential

Bryan R Smith/Reuters The certainty of an economic recovery has increased now that the election has concluded and a fiscal stimulus and coronavirus vaccine are likely on the way, according to UBS's Mark Haefele. The global chief investment officer said on Friday that he expects the S&P 500 to gain roughly 6% by mid-2021 with new stock sectors taking leadership. In a monthly letter to clients published Friday, Haefele recommended investors seek out small-and-mid-cap stocks, global industria...
Tags: US, Trends, CIO, Markets, Ubs, Goldman Sachs, Reuters, Jeffrey Gundlach, Bryan R Smith, Mark Haefele, Portfolio Management, Haefele, Stock Market Outlook, Stock Market Analysis, Stock Market Forecast, Emily Graffeo


New Goldman partners — Vista Equity Partners loses $100 million investment — Top family-office recruiters

Happy Saturday!Goldman Sachs announced a new class of partners for 2020 this week, awarding partner status to 60 people worldwide.Seven out of the 19 new partners in the investment-banking division came from the TMT (technology, media, and telecommunications) group. You can see the full list here. And Reed Alexander and Dakin Campbell chatted with some of the brand-new partners to learn what it's like to get the call from CEO David Solomon inviting them to one of Wall Street's most exclusive gro...
Tags: New York, US, Trends, Vista, Canada, Ubs, Goldman Sachs, Salt Lake City, Smith, Blackstone, Paul Tudor Jones, Mckinsey, Robert Smith, Solomon, Avery Dennison, Vista Equity Partners


10 affordable online courses to improve your writing and communication skills — taught by bestselling authors

When you buy through our links, we may earn money from our affiliate partners. Learn more. Klaus Vedfelt/Getty Images Strong communication and writing skills will help you succeed in any profession.Online classes are an affordable and flexible way to learn new writing strategies, as well as practice and receive feedback on your work.All of the classes on this list are taught by accomplished, award-winning writers who have decades of experience.Good writing skills can take you far (just t...
Tags: Reviews, Amazon, Beyonce, Education, Trends, Features, New York Times, Ubs, Britney Spears, University of Cambridge, Wall Street Journal, New Yorker, Entertainment Weekly, Malcolm Gladwell, Financial Times, Coursera


10 things you need to know before the opening bell

Drew Angerer/Getty Images Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.Here's what you need to know before markets open.1. Global shares rose, but the COVID-19 vaccine rally is fading. Tech stocks recovered some of the week's losses. .2. China's Xi Jinping personally blocked Ant Group's historic $37 billion IPO after Jack Ma criticized government officials over new regulations. The billionaire's comments didn't go down well with ...
Tags: Finance, China, Trends, Markets, Xi Jinping, Ubs, Goldman Sachs, Jack Ma, John Williams, Rosneft, Jpmorgan, Morningstar, Hapag Lloyd, 10 Things Before Opening Bell, Trader Chat, Shalini Nagarajan


Goldman Sachs just named 60 new partners. Here's everything that's been going on inside the Wall Street bank.

Goldman Sachs CEO David Solomon. Getty Images Goldman Sachs has been going through some massive changes under CEO David Solomon.It's taken big steps involving transparency and inclusion to change up its culture. After its first-ever investor day in early 2020, the firm is looking to execute on targets including multi-year cost-cutting plans. And it's making big pushes into businesses like wealth management and consumer banking. Solomon has also been interested in reducing the number of part...
Tags: London, Instagram, Wall Street, White House, Virginia, Trends, General Motors, Bloomberg, Ubs, Dallas, Goldman Sachs, Salt Lake City, Biden, Goldman, KKR, Blackstone


Stocks in these 11 industries are set to rocket higher once a COVID-19 vaccine is approved, UBS says

Construction workers build a new Centex home on Tuesday, June 23, 2020, in Houston. David J. Phillip/AP Industries that have been most impacted by the COVID-19 pandemic are set to gain the most from the administration of a successful COVID-19 vaccine, according to UBS.The biggest surge in profits in a back-to-normal, post-pandemic world will likely be realized in industries within the energy, homebuilding, and financial sector, UBS explained.But investors need to be cognizant of the fact th...
Tags: Trends, Ubs, Airlines, Matthew Fox, Centex, Houston David J Phillip, UBS For instance Airlines


4 ways McDonald's execs say the pandemic will forever change the restaurant industry

A rendering of a new McDonald's design. McDonald's McDonald's executives predict the pandemic will permanently change certain things in the restaurant industry.  "The needs of our customers coming through this pandemic are going to be different than they were going in," CEO Chris Kempczinski said in an event with investors on Monday.  Permanent shifts include customers craving control, familiarity, and contactless options.  Visit Business Insider's homepage for more stories. McDona...
Tags: Obama, US, Trends, Ubs, Mcdonalds, McDonald, Stifel, Steve Easterbrook, Chick, Kate Taylor, Kempczinski, Chris Kempczinski, Jeff Farmer, McDonald s Contactless, McDonald s Famer


Vista loses $100 million pension-fund investment — UBS ramps up middle-market deals — Knotel plans for big cuts to portfolio

Reuters / Lucas Jackson Just a few days removed from Pfizer's announcement on progress made with its vaccine, state governments are beginning to reenact restrictions as COVID-19 cases continue to rise. As a result, the market rally that started the week is now fairly muted, save for tech. If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.We're also launching a new newsletter — 10 things in Politics You Nee...
Tags: Trends, Bloomberg, Vista, Ubs, Pfizer, Smith, London UK, Robert Smith, Casey, Ken Griffin, Casey Sullivan, Kevin Mazur, Dakin, Knotel, Dakin Campbell, Rebecca Ungarino


Global stocks slide as COVID-19 vaccine relief quickly fades with the US imposing new restrictions

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 18, 2020. Lucas Jackson/Reuters Global stocks slid on Thursday as investor optimism over a COVID-19 vaccine were dashed by further measures to curb the spread of the virus in the US.The state of New York will see several new measures go into force from Friday, just two weeks before Thanksgiving.The  FTSE 100 slid 0.4% after data showed the UK economy grew by a record 15% in the third-quarter, but a seco...
Tags: Japan, UK, New York, Senate, China, Germany, Global, US, Trends, Opec, Beijing, Credit Suisse, Ubs, IEA, Pfizer, Brent Crude


Oil rises on hopes for COVID-19 vaccine, declining U.S. crude stocks | Reuters

Oil rises on hopes for COVID-19 vaccine, declining U.S. crude stocks | Reuters Oil prices climbed on Wednesday as hopes of an effective COVID-19 vaccine continued to bolster sentiment and an industry report showed U.S. crude inventories fell more than expected.Brent crude rose $1.17, or 2.7%, to $44.78 a barrel at 0925 GMT, while U.S. West Texas Intermediate (WTI) crude added $1.17 cents, or 2.8%, to $42.53 a barrel. Both benchmarks gained nearly 3% on Tuesday.“This week’s news about a coronavir...
Tags: Travel, Ubs, Reuters, Reuters Oil, Giovanni, U S West Texas Intermediate WTI, Rupert Neil Bumfrey


Global stocks edge up, as COVID-19 vaccine optimism boosts 'real economy' shares but dents tech

An Amazon index displayed on a smartphone screen. SOPA Images/Getty Images Global equities rose, led by gains in commodity, retail and industrial stocks, which tend to benefit from an improving economic outlook, while technology shares lagged. Cases of COVID-19 keep surging in the US and Europe, where Italy imposed new movement restrictions in the worst-hit areas.  Political uncertainty in the United States continued to simmer in the background, after the secretary of state, Mike Pompeo, t...
Tags: Amazon, Europe, UK, Washington, US, Trends, Joe Biden, United States, Credit Suisse, Italy, Alibaba, Tencent, Ubs, Goldman Sachs, Pfizer, Nasdaq


Trading a split government — From McDonald's to millions — Profiting from market chaos

Dear Readers,Heading into last week's US elections, the bull case for stocks seemed to be "Blue Wave or bust." The thinking there was that a fully Democrat-run government would quickly usher in a big chunk of much-needed stimulus and send risk assets soaring.But then, as the results started came in — and a Republican-controlled Senate crystalized as the most likely outcome — a sharp shift occurred. Suddenly a divided government was viewed as the best possible outcome for markets.The speed at whi...
Tags: Congress, Senate, Boston, US, Trends, Investing, Markets, Ubs, Marriott, Stocks, Biden, Stock Market, Morgan Stanley, Jefferies, Business Insider, Wells Fargo


Restaurants struggling to survive the pandemic have a bombshell reason to celebrate with Pfizer vaccine news

Wiki Commons Pfizer announced on Monday that clinical trials revealed that its vaccine helped prevent COVID-19. The news serves as a "light at the end of the tunnel" of sorts for the restaurant industry, according to Edward Jones analyst Brian Yarbrough.  Colder weather and surges in COVID-19 cases will create risks for restaurants this winter. However, the vaccine, election outcome, and likely stimulus package are reasons for longer-term optimism.  Visit Business Insider's homepage for m...
Tags: Post, Maryland, Senate, Trends, Joe Biden, Wingstop, Ubs, Goldman Sachs, Starbucks, Pfizer, Biden, Chris, Business Insider, Olive Garden, Ruth, Ihop