How Did Stock Markets Perform in 2020 ?
[Investing]
2021/01/05 09:08
Asian stock markets have finished 2020 strong, leaving behind European and U.S. counterparts in the COVID-19 pandemic. Asian countries were more successful on the whole to reign in the spread of infections and to avoid prolonged shutdowns, but the fact that markets did not budge when the virus returned for second and third waves in South Korea and Japan did raise some eyebrows. In November, the...
Should Luxury Tap Into China’s Booming Pet Economy ?
[Business]
2021/01/05 09:07
From collaborations with celebrity pets to pet lifestyle products, luxury’s pet potential is huge in China — and certainly goes beyond pet accessories.[Moncler launched its first-ever dog wear collection in Fall 2020 with Poldo Couture. Photo: Courtesy of Moncler.]This week, top Chinese livestreamer Li Jiaqi’s five pet dogs are showcasing their short but high-profile careers at a trade show...
(Infographic) Bain - Pandemic Spurs a Transformation of the Luxury Market
[Investing]
2021/01/05 09:06
With sales down significantly in 2020, luxury retailers are reinventing themselves to survive.Infographic : https://bit.ly/3rSWWI1[bain]
EarlyBird’s New App Lets Families and Friends ‘Gift’ Investments to Children
[Investing]
2021/01/05 09:05
A new fintech startup called EarlyBird wants to help families invest in their children’s financial futures. Through the EarlyBird mobile app, parents in just a few minutes can create a custodial account, also known as a UGMA (Uniform Gifts to Minors Act) account. These accounts typically allow a parent, aka the “custodian,” to invest in stocks, bonds, mutual funds and other securities on beh...
From UPS to Dominos, This Self-Driving Vehicle is the Eco-Friendly Delivery Solution of the Future
[Design]
2021/01/05 09:03
In looking for ways to reduce carbon emissions, especially in the transportation industry, designers have proposed solutions that would decrease carbon emissions from delivery trucks. Why so specific? The problem with these short-distance deliveries is that they burn a disproportionate amount of fuel compared to the size of the package being dropped off.Here’s where we introduce the Beep, a se...
Return of the SPAC : They’re Back and Bigger Than Ever
[Investing]
2021/01/05 09:03
Special Purpose Acquisition Companies (SPACs) are shell companies created with the sole intent to raise capital and buy a private organization, or a stake in a company. In 2020, 248 new SPACs went public, an increase of more than 300% from 2019.2020 was a record-breaking year for SPACs on many fronts. For instance, Bill Ackman’s Pershing Square Tontine Holdings raised $4 billion—the largest r...
(PDF) Mckinsey - From No Mobility to Future Mobility 2020–2021
[Business]
2021/01/04 09:10
The COVID-19 pandemic has disrupted mobility, and its effects will linger well into next year. How will changing consumer preferences, technologies, and regulations shape the market in 2021?COVID-19 swept across the globe in a matter of months, jeopardizing lives, upending businesses, and setting off a worldwide economic slump. Consumers are intensely focused on health and have altered many lon...
(Patent) Apple Patent Reveals New Through-Body' Input for AirPods
[Tech]
2021/01/04 09:09
U.S. Patent and Trademark Office officially granted Apple a second AirPods Pro patent relating to new input methods. This time Apple is researching ways of using a next-gen "through body" sensor system that would allow a user to touch their face in such a manner that it would be interpreted by AirPods Pro as a control request.Apple's granted patent describes systems, devices, and techniques rel...
Why Markets Boomed in a Year of Human Misery
[Investing]
2021/01/04 09:08
It wasn’t just the Fed or the stimulus. The rise in savings among white-collar workers created a tide lifting nearly all financial assets.The central, befuddling economic reality of the United States at the close of 2020 is that everything is terrible in the world, while everything is wonderful in the financial markets.It’s a macabre spectacle. Asset prices keep reaching new, extraordinary hi...