Uncategorized – Page 82 – Icarus Signals. The home of economic insight

Salesforce to Buy Workplace App Slack in $27.7 Billion Deal

Posted on December 3, 2020 by TeamIcarus | 0 Comments

(Reuters) - Salesforce.com Inc has agreed to buy workplace messaging app Slack Technologies Inc in a $27.7 billion deal, the biggest by the cloud-computing pioneer as it bets on an extended run for remote working and sharpens its rivalry with…

Uneven African Demand Spurs Divergence in Support for Asian Transportation Fuels

Posted on December 3, 2020 by TeamIcarus | 0 Comments

Singapore — Uneven demand recovery in Africa has led to a divergence in support for Asian transportation fuel markets as gasoil and jet fuel requirements weaken while demand for gasoline remains robust, industry sources said Dec. 2.

Dalio: The United States Is At A Tipping Point That Could Lead To Revolution Or Civil War

Posted on December 3, 2020 by TeamIcarus | 0 Comments

It was almost exactly ten years ago that we first predicted that the Fed's "moronic" QE which has sparked an unprecedented class, income and wealth divide, "positions US society one step closer to civil war if not worse."

Communities in the Pandemic

Posted on December 3, 2020 by TeamIcarus | 0 Comments

Our Covid-19 predicament has been compared to many historical episodes: some consider it on the same order as a war, others a crisis of the magnitude of the Great Depression.

Glimmers of Hope for World Economy, But Dangers Lurk

Posted on December 3, 2020 by TeamIcarus | 0 Comments

PARIS (AP) — Vendors broke out in applause in the flagship Galeries Lafayette department store in Paris as eager shoppers returned for the first time in a month, after yet another virus lockdown.

Harbor Business Briefs

Posted on December 2, 2020 by TeamIcarus | 0 Comments

The Grays Harbor PUD Board of Commissioners have approved a $127.6 million operating budget for 2021.

Canada Unveils Largest Economic Relief Package Since WW2

Posted on December 2, 2020 by TeamIcarus | 0 Comments

It is "the largest economic relief package for our country since the Second World War", Finance Minister Chrystia Freeland said on Monday.

Rear Vision Mirror No Longer Reasonable Guide For Investors

Posted on December 2, 2020 by TeamIcarus | 0 Comments

A couple of decades ago, a balance sheet might have provided useful insight into a company’s value. Today the listed value of most companies far exceeds of the value of the tangible assets reported in most balance sheets.

Markets Rally on News of Pfizer’s Coronavirus Vaccine

Posted on December 2, 2020 by TeamIcarus | 0 Comments

The U.S. Chamber of Commerce voiced optimism on Monday that a Biden administration could break the political gridlock that has stymied legislative cooperation between Democrats and Republicans in Congress and called on lawmakers to quickly put aside their differences and…

$44bn Mega-Deal Proves Data is Big Business

Posted on December 2, 2020 by TeamIcarus | 0 Comments

The founder of Markit - which began life in a converted barn in Hertfordshire - is now thought to be worth hundreds of millions.