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Fed To Offer Huge Credit Help To Stem Economic Losses

PYMNTS

David Joy, chief market strategist with Ameriprise in Boston, said while he applauds the Fed for trying, it simply won’t be enough. In the case of a county or city that’s dependent on sales tax, well, you just shut everything down … Unlike Uncle Sam, they can’t deficit spend,” he said.

St. Louis 130
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The Brexit Bombshell

NCR

Back in 2008, the financial services provider was 158 years old, had been highly regard throughout its existence, and was the fourth-largest investment back in the country. And if that’s even a little bit true, let’s acknowledge it could affect wide swaths of the entire banking industry, and what all of us do. None of this will be easy.

Survey 40
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In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008. The average temperature in Boston in February is 37 degrees Fahrenheit, but on Saturday it was 52 degrees.

Big Data 135
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Guest Post: First Quarter Economic Commentary by Dorothy Jaworski

Jeff For Banks

At least we are not in Boston. Here in the US, short term rates have been at zero since December, 2008 and countless rounds of forward guidance and trillions of dollars of bonds bought by the Fed in QE programs have failed to push our growth rate much above +2.0%. We need a change of seasons! I think not.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

The “traditional M&A” was often driven by a desire to boost EPS (earnings per share), with companies seeking to combine assets with a similar business, merging with a business in a lower-tax jurisdiction, or looking to gain desirable assets owned by other businesses.

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Killing Strategy: The Disruption Of Management Consulting

CB Insights

Before Bruce Doolin Henderson opened the doors of Boston Consulting Group on July 1, 1963, the concept of “competition” barely existed in American business culture, let alone the concept of strategy. In 2008, companies less than $100M on expert learning networks. There were great, successful companies. Those companies made plans.

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242 Startup Failure Post-Mortems

CB Insights

more than we, Kamil Kurmakaev and I, spent since the company’s inception in 2008 till August 2014. The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. They have spent (in rubles) twice (!)

Company 78