‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts
Economy

‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts

Investors piling into stocks with artificial intelligence exposure may pay a hefty price.Economist David Rosenberg, a bear known for his contrarian views, believes enthusiasm surrounding AI has become a major distraction from recession risks.”No question that we have a price bubble,” the Rosenberg Research president told CNBC’s “Fast Money” on Thursday.According to Rosenberg, the AI… […]

Amazon’s air cargo head changes jobs, will now oversee workplace-safety unit
Economy

Amazon’s air cargo head changes jobs, will now oversee workplace-safety unit

A wide body aircraft emblazoned with Amazon’s Prime logo lands at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S. December 20, 2016. Picture taken December 20, 2016. To match Insight AMAZON.COM-SHIPPING/ REUTERS/Mark MakelaREUTERS/Mark MakelaSarah Rhoads, who was responsible for Amazon’s burgeoning air cargo business, is shifting roles to oversee the e-retailer’s workplace health and safety… […]