Tag Archives: Commerzbank

Financial Daily Dose 8.6.2020 | Top Story: Facebook Launches Instagram Reels to Compete with TikTok

BY: Michael D. Reif | August 6, 2020

Never one to let a competitor’s misfortune pass by without looking for an opportunity, Facebook’s Instagram is hoping to capitalize on TikTok’s questionable U.S. status by launching Reels, a new feature that allows users to create easily sharable 15-second videos while syncing up their recordings “with clips of music or audio files that they record … Continue reading

Financial Daily Dose 7.6.2020 | Top Story: Uber to Acquire Food Delivery Rival Postmates for $2.65 Billion

BY: Michael D. Reif | July 6, 2020

Uber has reportedly finalized a deal to acquire Postmates for $2.65 billion in an all-stock deal, a  venture aimed at taking on DoorDash and other food delivery rivals – Bloomberg and NYTimes and MarketWatch and HuffPost Unable to right the ship that’s been traversing choppy waters for years, German lender Commerzbank’s CEO and Board Chair … Continue reading

Financial Daily Dose 12.17.2019 | Top Story: USMCA Back on Track After Last-minute Wrangling

BY: Michael D. Reif | December 17, 2019

The United States and Mexico appear poised to move past a last-minute snag over new language on Labor Department attaches to posts in Mexico. Mexico feared that the diplomats would “act as labor inspectors,” and for a day or so, the planned congressional vote on the new Nafta was back in jeopardy – WSJ and … Continue reading