Newsmakers

TEDxMalmö Chooses NexTech’s (OTC: NEXCF) InfernoAR Platform for Interactive Virtual Events

VANCOUVER, British Columbia, Oct. 07, 2020  — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, is pleased to […]

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Wells Fargo Cuts More Than 700 Jobs in Commercial Banking

(Bloomberg) — Wells Fargo & Co. cut more than 700 commercial-banking jobs as it embarks on workforce reductions that could ultimately number in the tens of thousands, according to people with knowledge of the matter.The terminations affected positions across the division, the people said, asking not to be identified discussing details of internal decisions. The unit offers a variety of services to businesses that typically have more than $5 million in annual sales. Katie Ellis, a company spokeswoman, confirmed that at least some reductions have occurred.“We are at the beginning of a multiyear effort to build a stronger, more efficient …read more […]

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Howard Stern Says Sirius Deal Isn’t Imminent, But ‘I’ll Take It’

(Bloomberg) — Satellite-radio star Howard Stern told listeners Wednesday morning that he isn’t yet close to a new contract with Sirius XM Holdings Inc., but he said the reported figures he’s heard sounded good to him.Stern is nearing a contract renewal that would boost his pay to $120 million a year, Bloomberg News reported Tuesday, citing people familiar with the matter who asked not to be identified because talks are ongoing.“I have seen no contract, I have heard nothing about this money,” Stern said on his SiriusXM show. He added, “I’m ready to take that deal if I can get …read more […]

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CGS Commended by Frost & Sullivan for its Introduction of Augmented Reality in an Immersive Customer Experience Solution, Teamwork AR™

Teamwork AR addresses businesses’ changing demands by delivering remote support, enhanced training, and more interactive sales engagementLONDON, Oct. 7, 2020 /CNW/ — Based on its recent analysis of the European customer experience (CX) outsourcing services market, Frost & Sullivan recognizes CGS with the 2020 European New Product Innovation Award for its Teamwork AR solution. …read more […]

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Mailbag: The Future of America… as Seen From the Emergency Room

What a treat!
We got to practice our high-speed driving skills.
Last week, we pulled a passed-out pal out of the river…
This week, we rushed a dear loved one to the emergency room with a towel wrapped around her blood-gushing hand.
One minute, she was helping clear a trail through thick brush.
The next, she learned never to get in the way of a raging machete.
She’s fine.
Just five stitches.
Under Observation
As the young and all-too-serious doc put a nice new hem in her hand, he told us to sit outside… not to breathe on anything… and, for heaven’s sake, not to make eye contact with …read more […]

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S&P Futures Rise, Treasuries Dip Amid Trump Tweets: Markets Wrap

(Bloomberg) — S&P 500 and Nasdaq 100 futures rose after President Donald Trump called for a reduced group of stimulus measures. Euro-area bonds pared gains before European Central Bank President Christine Lagarde speaks in Paris.Italy’s Nexi SpA slid after news of private-equity backers selling shares in the payment-services provider. Denmark’s Ambu A/S surged after the maker of life-support equipment won a key U.S. contract. The dollar steadied before Federal Reserve officials comment later on Wednesday and release minutes from their past policy meeting.Treasuries fell while futures on the S&P 500 recovered some of their tumble from Tuesday after Trump tweeted …read more […]

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It’s Spain, Not Italy, That Has European Investors Worried

(Bloomberg) — Spain’s growing list of risks is starting to make investors nervous.The nation’s debt is lagging a regional rally that has driven the rate on Italian bonds — long regarded as the pariah of Europe and among the highest yielding — close to a record low. That’s narrowed the gap between Spanish and Italian yields to the smallest in more than two years.Citigroup Inc. this month recommended selling Spanish bonds versus their Portuguese peers, citing growing fiscal worries, renewed separatist tensions in the region of Catalonia, and the prospect of a credit downgrade after S&P Global Ratings cut the …read more […]