The Traderszone Network

Uber and Airbnb, the hugely popular marketplaces for taxi-like car rides and hotel-like short-term rentals, are usually considered to be successful case stories for the emerging “sharing economy.” Another buzz phrase, “people as a services,” describes the business models of these two

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Jim Cramer said that Howard Schultz stepping down as CEO is the end of an era.

Starbucks’ next CEO, Kevin Johnson, brings an extensive tech background to the coffee chain.

Airbnb, for the first time, agreed to enforce limits on how many nights its users can rent out rooms. The short-term home rental company said it will block users from renting out rooms for more than 90 days in London and 60 days in Amsterdam – the legal limits in the two cities – rather than merely relying on the cities to enforce their rules. Although the new policy doesn’t apply to New York, it … [more]

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Sedan sales have slumped, but GM’s Chevrolet Malibu has bucked the trend. Sales were up strongly again in November. Image source: General Motors.

General Motors (NYSE: GM) said its U.S. sales rose 10.2% last month on a jump in fleet sales and strong retail demand for all four of its U.S. brands. 

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The company is to pay plaintiffs who said they were injured by Pinnacle hip implants, a lawyer for the plaintiffs said.

Australian Q3 GDP is due next week (December 7 at 0130GMT)
– Current median consensus is +0.4% q/q (+2.6% y/y)
– Prior +0.5% q/q (+3.3% y/y)
Concerns are that with the string of weak Q3 data so far: