BERLIN (Reuters) - Puma <PUMG.DE> is launching a campaign to mark the 50th anniversary of U.S. sprinter Tommie Smith's black-gloved salute at the 1968 Olympics, shortly after rival Nike scored a hit with an ad featuring a modern-day activist for racial equality. … [Read more...] about Puma commemorates ‘black power’ salute in U.S. market push
Market research news
In late March, Rep. Alex Mooney (R-W.Va.) introduced a bill to reinstate the gold standard. It would set the value of the U.S. dollar to “a fixed weight of gold” and require the Federal Reserve to exchange paper notes for gold upon request. The idea, which economists widely deride, would severely restrict the central bank’s ability to respond to economic disruption. … [Read more...] about Republican Lawmakers Are Now Getting Their Ideas From Fox News Commercials
The traditional scientists in academia I spoke with reported two chief values: support for curiosity-driven research and a long-term vision of the technological fruits of scientific research. Traditionalists are still the majority, but they encounter scarce resources for basic research and increasing pressure to connect their work to concrete societal impacts. In the words of one scientist, much of what scientists understand about cancer stems from work based on Nobel Prize-winning biologist Lee Hartwell’s curiosity-driven research on how yeast cells divide. “If he had to apply his research, he probably would have had to work for Budweiser,” he said. … [Read more...] about With federal funding for science on the decline, what’s the role of a profit motive in research?
Davidowitz, whose fund holds only 20 stocks, said he has avoided Amazon because of its high valuation and stretched balance sheet and has instead moved into stocks like Invisalign braces-maker Align Technology Inc <ALGN.O> and Adobe Systems Inc <ADBE.O>, both of which are up more than 40 percent year-to-date. … [Read more...] about Some fund managers are avoiding Amazon as it leads U.S. market
"The message was addressed to the wrong people," said Jorge Mariscal, emerging markets chief investment officer at UBS Wealth Management. "On a nationally televised show, [it] seems to have appeared as an emergency situation where the country would have to go back and ask for more help." … [Read more...] about Macri’s bid to calm markets backfires, Argentine peso plummets