Qantas trials new passport technology in Brisbane
QANTAS IS TRIALLING SOME PRETTY SWISH NEW TECHNOLOGY AT BRISBANE AIRPORT, ALLOWING CUSTOMERS TO UPLOAD THEIR PASSPORT TO THEIR MOBILE PHONE FOR THE FIRST TIME. The airline has partnered up with Brisbane Airport and technology provider SITA to trial facial recognition technology that allows customers to check in before they arrive at the airport and […]
Material Impact, a new fund focused on materials technology, just closed its debut fund with $110 million
Material Impact, a Boston, Mass.-based firm that says it “transforms materials into companies that make an impact,” has closed its debut fund with $110 million in capital commitments from a range of university endowments, foundations, family offices and fund-of-funds. In a sea of fundraising announcements, it’s tempting to shrug off the development. Another new venture […]
CGI believes it’s poised to take advantage of rising technology spending
MONTREAL — Despite global business tensions, companies will continue to invest in technology and CGI Group Inc. is well-positioned to take advantage of the growing market, chief executive George Schindler said Wednesday. In his view, both consumers and other citizens want access to a more digital experience, prompting companies and governments to take action. “This […]
New Business Models- Not Technology- Will Transform the Legal Industry
New business models are the key to innovation, not new technology. That’s the conclusion of a recent Wall Street Journal CIO article that draws from business guru Mark Johnson’s new book “Reinvent Your Business Model.” Johnson offers several cogent observations on business transformation: (1) a business model is “a representation of how a business creates […]
Saving, prosperity remain key challenges for many Americans despite good economy
It’s not supposed to be this way. Almost 10 years into the economic expansion, many Americans still face significant personal financial pressures. Though there have been signs of progress, benefits from the economic rebound have been uneven and not widely shared. Some observations: Wellness gains visibility Americans are having trouble saving money on their own, […]
1 in 4 Americans are confident they’ll be rich—but they need to take these steps first
Most people, if asked, would say they would prefer being rich to struggling financially. But, how many people actually think they’ll be wealthy in their lifetime? And what are they doing to make that belief a reality? To find out, GOBankingRates asked more than 500 Americans various questions about what it means to be “rich” […]
9 Personal Finance Tips for Startup Employees
The startup environment is one of the most sought after work cultures today. With more and more people taking a different approach to building their careers and breaking the mold from previous “nine to five” generations, startup employees are often chasing their passions and looking to change the world. Yet, the reward of this risk […]
Before You Apply For That Store Credit Card…
You’re making a major purchase at a department store or big box retailer. You’re offered savings and promotions if you sign up for a store credit card on the spot. Why wouldn’t you take advantage of the offer? A store credit card might be an excellent option for you – or it may be a […]
The oil rout just became a bear market for U.S. crude
WTI crude falls from nearly 4-year high to bear territory in 5 weeks In a volatile turnabout, the U.S. crude benchmark fell into a bear market Thursday just five weeks after hitting a nearly four-year high. West Texas Intermediate crude for December delivery CLZ8, -0.96% on the New York Mercantile Exchange fell $1, or 1.7%, […]
Gold settles lower, then struggles for direction after Fed statement
Dollar snaps back after postelection dip Gold prices suffered a fourth loss in five sessions on Thursday, then struggled for direction in electronic trading with the U.S. dollar extending earlier gains as the latest policy update from the Federal Reserve yielded no surprises. The U.S. central bank held interest rates steady, in a 2% to […]