Clear Secure Inc (NYSE: YOU) went public at the end of June. Road warriors in the US will know the firm from the biometric airport kiosks that they run in places like Orlando and Phoenix. While stock trading data is…
Chile-based NotMilk may be alluring to investors because of its plant-based product traits and its de facto celebrity endorsement by Jeff Bezos. Not all food-tech companies are so fortunate. The key to capturing investor capital may be found in answering…
Bad Blood is the story of the rise-and-fall of Theranos, a Silicon Valley startup that was set on revolutionizing healthcare. As a case study, the book should become required reading in every business-school entrepreneur program. Theranos’ founder, Elizabeth Holmes, dropped…
Authorities in Hong Kong are seeing new twists on securities fraud. In the latest wave of “pump and dump” schemes involving micro-cap stocks, fraudsters appear to be targeting investors in distant jurisdictions, such as Singapore and Macau. These stock-price manipulators…
Cranganore Inc announces the launch of new investment fund for offshore investors. The Plotinus 2 Pi Fund, sponsored by Plotinus Asset Management, uses artificial intelligence to manage an overlay on a broad index of US stocks. The product is designed…
Florida is an epicenter of outbound remittances for the Caribbean Basin, large portions of which have now evaporated because of the collapse in the state economy. A challenge is the scope and reach of the informal sector. Undocumented workers are…
According to the Hellenic Chamber of Hotels in Greece, some 65% of hotels in the country are on the verge of bankruptcy. The outlook is equally dire in other tourist-heavy economies across Europe. EU officials are scurrying behind-the scenes to…
A case can be made that the dearth of activity by US hotel companies in Cuba is opening doors for other, non-US organizations. Spain-based Melia, for instance, now operates some 30 properties across the island; they may be looking to…
Cuba may seem like an international sideshow, but that view is one of ignorance, rather than wisdom. Americans, in particular, have long miscalculated the wherewithal of the Cuban regime. Consider one simple fact: The nation has managed to survive deftly…
The American mall is not the only part of discretionary consumer economy on the wane. There is a quiet rumbling among owners and operators of sports venues—stadiums, arenas, and the like—that their attendance figures are in secular decline. Football and…