Due to slow demand General Motors Plans To Temporarily Shut Down Detroit Factory. The plant is reported to be shut down for six weeks beginning in November. Upon reopening production is expected to be cut by 20%/ CNBC
Traditional brick-and-mortar banks are losing the monolopoly in the market. Today’s customer have substantially wider selection of choices. ConnectOne Bank CEO Frank Sorrentino and nCino CEO Pierre Naude on the companies’ partnership to improve the banking customer experience through cloud computing./ Fox Business
Former Fed. Reserve Chairman Alan Greenspan comments on the current environment draws parallels to what we went through about two decades ago.According to him, the equity and bond markets resemble the infamous tulipmania. The inflation levels are a huge question determining where we are heading./ Bloomberg
Making money playing video games professionally. These types of sports events sell out worldwide. Fans from all over the country and overseas are willing to travel to view these events live./ Forbes
Netflix Raising Prices By 10% For Most Popular Plan. The basic plan, $7.99 is going to stay the same. The price hike is explained by improving the better overall experience./ CNBC
Jeff Bezos’s decision to launch Amazon.com started changing the course of the e-commerce, publishing, TV, journalism, and quite possibly, interstellar travel. The main theme of his Life is ” Never Settle!” Icredible idea taken from the garage to build the largest market place on the planet./ Forbes
Former Equifax CEO Richard Smith Heads To Capitol Hill to testify about the breach of security. Over 145.5 million US consumers have been affected. The CEO is expected to deeply apologize to all those affected./ CNBC
Marketing agencies are leveraging their influencers to promote their products and events. Influencers are very good at connecting with their audiences. Today’s biggest shift in marketing is the fact that today the message does not have to come from the brand./ Forbes
The current CEO Satya Nadella thinks he knows where the next tech wave is headed. We need to rediscover what made us great in the first place, he says. Artificial Intelligence will be hugely important going forward./ CNN Money