Superior morning, Ledger readers. I have been considering a query widely used in Silicon Valley investor circles a couple of years ago –“Are you currently a trait, product or company?” –and how it may apply to this glut of so-called challenger banks competing for U.S. clients. Challenger banks–some call them electronic banks neobanks–took {} years […]
Chinese authorities began a probe into working conditions at Pinduoduo Inc. following the death of an employee in her early 20s that renewed criticism of the long hours commonly practiced at China’s tech companies. The e-commerce company confirmed that a female employee collapsed while walking home with colleagues at 1:30 a.m. last Tuesday. The employee, […]
That is the internet edition of this Bull Sheet,” Fortune’s no-BS daily newsletter about the markets. Subscribe to get it from your inbox . Superior morning. International stocks and U.S. stocks are sliding all early as COVID concerns spook traders. Everything else appears to be secondary, such as a heap of earnings beats which traders […]
