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Competition among peer-to-peer payment apps like Venmo, PayPal, Cash App and Zelle have been heating up for the past 10 years. The big banks tried to compete in the space when PayPal first came on the scene 25 years ago, but their business models failed.
Armed with impressive rewards and a loyal customer base, Amex has achieved impressive growth over the years. The company’s revenue has increased over 32% since 2017 and shares of the company have shown resilience and growth in a tumultuous market.
Outside the Northeast Corridor, Amtrak service is often slow and infrequent. The company’s worst performing train is delayed by an hour and a half on average. But the rail network says it has wanted to invest in new and improved routes for years.
Weeks after Tesla slashed prices on a number of its models, Ford Motors dropped the price of its electric Mustang Mach-E. WSJ auto reporter Nora Eckert compares the auto makers’ strategic moves and explains what this means for the industry.
Remember 'quiet quitting?' It described the trend of employees choosing not to go above and beyond in the workplace. Well, that was 2022. This year there's a new vogue practice — "quiet hiring."
OpenAI, which Elon Musk helped to co-found back in 2015, is the San Francisco-based startup that created ChatGPT. The company opened ChatGPT up for public testing in November 2022. In a week, the artificial intelligence model amassed over a million users.
Amazon entered the China market in 2004 through a $75 million acquisition of Joyo.com, an online media seller. During its time in the country, substantial competition from local e-commerce giants hindered its ability to capture a breadth of market share.
Phone scams may seem like a thing of the past, but nearly a quarter of older adults who reported losing money in a scam last year said it all started with a phone call.
Content helped build Lego into the world’s largest toy maker. Its movies, TV shows and video games take advantage of licensing deals with some of the world’s biggest brands, like Batman and Star Wars, to grow its customer base.
Increasingly popular pay transparency laws benefit some workers and increase social equity, but economists warn they could diminish the negotiating power of the labor force at large.
Countries around the world are welcoming back Chinese tourists, once the largest source of tourism revenue globally. But even as China reopens its borders, the travel industry isn’t expecting things to bounce back to what they were just yet. Here’s why.
In 2017, NPR called school planetariums “relics of the space race.” Because that’s what they’ve become.
Environmentalists and electric vehicle advocates are accusing the world's largest automaker, Toyota, for dragging its feet, and even opposing electrification. But Toyota, argues that many of those markets aren’t ready for electric vehicles.
The Federal Trade Commission proposed a new ban on noncompete clauses, which the agency says hurts workers and competition. Companies argue they protect trade secrets. WSJ breaks down what a federal ban could mean for workers and businesses.
The food in your kitchen cabinets may not be what it seems. Fraudsters motivated by economic gain secretly infiltrate the global food market through a variety of means, including counterfeits, dilutions, substitution and mislabeling.
Amazon has rolled out more than 1,000 electric Rivian vans in at least 100 U.S. cities since July, bringing big changes for some of the 275,000 drivers delivering 10 million packages a day around the world.
After working for years to catch up on U.S. technology, China has developed a chip that can rival Nvidia’s powerful A100. WSJ unpacks the processors’ design and capability as the two superpowers race for dominance in artificial intelligence.
As interest rates rise and companies tighten their belts, white-collar workers have taken the brunt of layoffs and job cuts, breaking with the usual pattern leading into a downturn. WSJ explains why many professionals are getting the pink slip first.
A Starbucks opens every nine hours in China. Since the coffee giant opened its first store in China in 1999, it has launched 6,000 stores around the mainly tea-drinking nation and plans to increase its number of stores to 9,000 by 2025.
Dean Baldwin Painting, founded in 1965, is an aircraft painting company with five facilities across the U.S. It has painted aircraft for some of the largest airlines in the world, including United, Delta and JetBlue.
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“Live as if you were to die tomorrow. Learn as if you were to live forever.” – Mahatma Gandhi
Continuing our global journey to learn something new, our next stop is the Taj Mahal in India. This UNESCO World Heritage building was actually a mausoleum commissioned in 1632 by Mughal emperor Shah Jahan to house the remains of his late wife Mumtaz Mahal.
Indian, Persian, and Islamic architecture influenced the construction. Its white marble façade, which seems to change color according to the time of day, is a masterpiece symbol of love.
Constructions took 20 years and involved 20,000 workers, and the mausoleum houses both the emperor and his wife. 1000 elephants were used to haul the construction material to Agra, where it is located.
Inside the Taj Mahal, you will find beautiful flowers such as tulips, lilies, irises, poppies, and narcissus inlaid into the walls with 28 different types of precious and colorful stones. The cost of this perfectly symmetrical building in today’s dollars would be $1 billion.
Of all my travels around the world, this visit to the Taj carries special memories. After important customer meetings in New Delhi with retailers, the local team organized a trip to this unique location. The visit coincided with my birthday, and the hotel recognized this as I was checking out. While I was getting into the private transportation to visit the Taj Mahal, two hotel employees rushed out and handed me a dozen roses and a bottle of champagne. Every year for a long time, this same hotel also sent me birthday wishes. I wish I had kept the hotel’s name as I would mention them in this article.
Life is a great adventure if you do indeed live like you are dying tomorrow and learn something new continuously as if you were going to live forever. It’s one small beautiful world of potential ideas to explore to their next level starting now.
Private Equity Outlook in 2023: Anatomy of a Slowdown
Private equity managed to post its second-best year ever in 2022, riding a wave of momentum coming off the industry’s record-breaking performance in 2021. But spiking interest rates caused a sharp decline in deals, exits, and fund-raising during the year’s second half, almost certainly signaling a turn in the cycle. - From Bain & Company Read more
The World's Happiest Countries
Are wealth and prosperity legitimate measures of happiness? How about safety and health outcomes? In the West, we view democracy as a key component to happiness, yet there are countries under authoritarian rule that score high in the Happiness Index. Questions like these make “ranking happiness” a particularly challenging puzzle, but also one worth pursuing. - From Visual Capitalist
Why China's population is shrinking -Vox
For the first time in six decades, China’s population is shrinking, and it’s predicted it could create a demographic crisis. That’s because China isn’t just shrinking, it’s also aging. Read more
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