Buzbee: Election calls are not magic, they're math

New York (CNN Business)Americans aren’t the only ones obsessed with next Tuesday’s vote. British bettors are wagering a record amount of money on the US presidential election, dwarfing the amount wagered on any sporting event or even their own nation’s politics. As of Wednesday morning, £220 million, or about $284 million, had already been wagered […]

These Are the Cities With the Most IHOPs

Franchisor Dine Brands Global announced it would close about 100 IHOP locations this year. The company, which also owns Applebee’s as well, posted a drop in revenue last quarter to $177 million from $217 million last year. Sales across the two brands dipped. Due to this, underperforming restaurants have to be shuttered. However, IHOP will […]

Kik Interactive Reaches $5 Mln Settlement With SEC For Running Unregistered ICO

Messaging startup Kik Interactive reached a $5 million settlement with the U.S. Securities and Exchange Commission to resolve charges of running an unregistered offering of digital “Kin” tokens in 2017 that violated the federal securities laws. The SEC had filed a complaint with the U.S. District Court for the Southern District of New York on […]

Ford Sees Hands-Free Driving Feature Selling 100,000 First Year

Ford Motor Co., seeking to steal shoppers from Tesla Inc. and General Motors Co., is aiming to install its hands-free driving technology on 100,000 vehicles in its first year. The carmaker will introduce its Active Drive Assist system in late 2021 as a $1,595 option on the redesigned F-150 pickup and a $3,200 option on […]

FINTECH ACCELERATORS: An inside look at top banks' accelerator programs — how they work, what success looks like, and what it means for the future of financial services

This is a preview of the Business Insider Intelligence Fintech Accelerators premium research report. Purchase this report here. Business Insider Intelligence offers even more fintech coverage with our Fintech Briefing. Subscribe today to receive industry-changing financial technology news and analysis to your inbox. Accelerators are fixed-term and often cohort-based programs during which an incumbent company, […]

UK House Price Inflation At 5-year High – Nationwide

UK house prices rose for a fourth straight month and the annual rate of increase hit a five-year high in October, survey data from the Nationwide Building Society showed on Friday. The seasonally adjusted house price inflation accelerated to 5.8 percent, the highest rate since January 2015, from 5.0 percent in September. Economists had expected […]

European Shares Advance On Earnings

European stocks advanced on Friday as Brexit optimism and positive earnings updates from the likes of Daimler and Barclays helped investors shrug off renewed concerns about the economic impact of surging Covid-19 cases. European Union and British negotiators will meet today for intensive negotiations on a last-minute trade deal that could stave off a tumultuous […]

BIG TECH IN TRANSPORTATION: Strategies legacy players can deploy to limit the threat to their market position

This is a preview of Business Insider Intelligence premium research content. Business Insider Intelligence analyzes this industry and several others to provide in-depth analyst reports, proprietary forecasts, customizable charts, and more. Check if your company has BII Enterprise membership access. Big tech companies — specifically Google-parent Alphabet, Apple, and Amazon — have their eyes set […]

The 10 People Most Likely to Influence the Economic Policy of a President Biden

LISTEN TO ARTICLE SHARE THIS ARTICLE The fight for the soul of the Democratic Party is reflected in the diversity of the 10 people who have the most influence on economic policy in the circle surrounding Joe Biden, says a new analysis by the political-risk advisory firm Baron Public Affairs. Disagreements among influencers, combined with […]

Ruby Tuesday, Hit By COVID-19 Closures, Files For Bankruptcy

Ruby Tuesday is filing for bankruptcy protection, the latest casual restaurant chain to suffer from coronavirus-related closures and changing consumer habits. The Maryville, Tennessee-based company, which was founded in 1972, said on Wednesday that its restaurants will remain open throughout the bankruptcy process. Ruby Tuesday has 250 company-owned and franchised restaurants in the U.S., Canada […]