07-10-2016, 11:36 PM
Now, it's clear what Facebook Live is for. It's replacing the last stronghold of television: live events. TV is under assault by cord-cutting, where people watch their favorite shows online and dispense with a cable subscription altogether. Last September, TV ratings started to see a catastrophic year-over-year decline, and Nielsen ratings show a slow but steady decline in the amount of TV watched by nearly all demographic groups over the last five years.
Facebook Live and the death of TV - Business Insider
America's largest companies have had negative profit growth for three straight quarters. On Monday, when the aluminum giant Alcoa unofficially kicks off the second-quarter earnings season, analysts expect it will report a fourth-straight quarterly decline in year-over-year profits. But the broader S&P 500 could be different. Liz Ann Sonders, chief investment strategist at Charles Schwab, thinks that the first quarter may have marked the inflection point of the earnings recession, defined as two straight red quarters.
The earnings recession may be about to end - Business Insider
Import prices in Japan have collapsed by 20pc over the last year, 5.5pc in Germany, and 5pc in the US, despite the recovery oil prices. Mr Redeker said China’s attempt to export its problems though devaluation is a key reason why inflation expectations are crashing to record lows across the developed world. This in turn is driving bond yields to historic lows almost daily, with 10-year borrowing costs down to -0.58pc in Switzerland, -0.28pc in Japan, -0.16pc in Germany, 0.14pc in France, 0.78pc in Britain, and 1.4pc in the US.
World faces deflation shock as China devalues yuan at accelerating pace
An initial flood of interest from airlines has turned into a slow drip, and Airbus is leaning heavily on one customer, Emirates, for sales. Not a single U.S. carrier has bought one, and Japanese airlines, among the biggest cheerleaders for huge planes, have taken just a handful. Airbus has delivered 193 A380s—early on it predicted airlines would buy 1,200 supersize planes over two decades—and has only 126 in its order book, to be built over the next five years or so
Airbus Is Running Out of Buyers for Its Enormous A380s - Bloomberg
A Nigerian refugee thought to have fled the terrorist group Boko Haram with his wife has died after being attacked by an “ultra” football fan in a small Italian town. Emmanuel Chidi Namdi, 36, died of injuries he sustained when a local man, who had reportedly been racially abusing Namdi’s wife, attacked him in the town of Fermo, in central Italy. Amedeo Mancini, 35, allegedly referred to the 24-year-old woman as a “monkey”, and attacked Namdi when he attempted to defend her, according to Italian media reports. Namdi fell into a coma and was pronounced dead on Wednesday.
Refugee who fled Boko Haram for Italy killed by 'ultra' football fan | World news | The Guardian