Big companies, which spend tens of billions of dollars annually on 'call centers' to take orders and provide customer support, increasingly rely on speech recognition not just to handle requests for information but to process customer orders. Alex Berenson annuallybigbillion share on social
It is a truth universally acknowledged on Wall Street that original research is on life support. Serious research can be bad for business, as well as expensive. Alex Berenson acknowledgebadbusiness Change image and share on social
Electronic communications networks match trades between investors directly, without using a market maker or specialist as an intermediary. Alex Berenson communicationdirectlyelectronic Change image and share on social
Predicting the market is always tough. Alex Berenson marketpredicttough Change image and share on social
Determining how many asbestos suits have been filed or how much companies have spent to resolve them is difficult. Cases are filed in state and federal courts, and many companies do not disclose their spending on settlements. Alex Berenson asbestoscasecompany share on social
Fannie Mae has never publicly disclosed how much money it could lose if interest rates rose 1.5 percentage points in a very short period of time. Alex Berenson disclosefannieinterest Change image and share on social
Evidence of defendants' lavish lifestyles is often used to provide a motive for fraud. Jurors sometimes wonder why an executive making tens of millions of dollars would cheat to make even more. Evidence of habitual gluttony helps provide the answer. Alex Berenson answercheatdefendant share on social
Companies buy customers when they cannot win new business on their own. They merge when their executives do not have a better idea of what to do. Alex Berenson businessbuycompany Change image and share on social
As the Nasdaq soared in 1999 and early 2000, demand for many offerings far exceeded the supply of shares available at the initial offering price. Alex Berenson demandearlyexceed Change image and share on social
Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance. Alex Berenson bankbigcapital Change image and share on social