BlackRock prefers data-driven investments to traditional approach

To engineer a turnaround, BlackRock is increasingly focusing on “scientific” data-driven approaches to beat the market. BlackRock Inc, the world’s biggest asset manager, has stated it will be overhauling its actively managed equities business by dropping fees, cutting jobs, and by relying more on computers to pick stocks in a move that underscores the growing…

California cares for its air quality, sets high car emission standards

Emission standards set by California’s Air Resource board are followed by 12 other states. Although the Trump administration is hell bent on relaxing car efficiency regulations, California has put its foot down and prefers clean air to pollution. The California Air Resources Board has finalized car emissions standards for 2022-2025. As you might expect, the Trump Administration wants to…

Amazon exploring to use virtual and augmented reality in its soon-to-be opened brick-and-mortar stores

Unlike its regular bookstores, these new ones are likely to include electronic hardware and services too. Amazon’s plan of dominating the retail landscape could extend well beyond just books and groceries. The New York Times has reported citing sources familiar with the matter at hand, that the world’s biggest online retailer is “exploring” the possibility…