‘Tightrope’ Author Nicholas Kristof joins ‘Influencers with Andy Serwer’ to discuss the 2020 Presidential election and to describe what he calls a ‘nightmare scenario’. …read more […]
Bitcoin’s price clocked two-month highs above $12,370 on Wednesday. The options market expects a continued rally. …read more […]
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we’d be… …read more […]
Net income fell to $1.05 per share in the third quarter from $1.25 per share a year earlier, with about 5 cents of COVID-19-related net impacts, Verizon said. Total operating revenue for the wireless carrier fell 4.1% to $31.5 billion from a year earlier, hurt by lower customer activity and the timing of certain device launches. …read more […]
PPG Industries, Inc. (NYSE:PPG) last week reported its latest quarterly results, which makes it a good time for… …read more […]
Biden has proposed raising the capital gains tax rate from 20% to 39.6% for those making over $1 million. Biden would have to win the presidency and his Democratic Party would have to gain control of the Senate and keep control of the House of Representatives in the Nov. 3 election for his tax proposals to become law. The Biden campaign did not immediately respond to a request for comment. …read more […]
Banks that facilitated the U.S. government’s Paycheck Protection Program at first saw the effort as a small revenue booster with a patriotic bonus, shepherding $525 billion in loans to businesses slammed by the fallout of the COVID-19 pandemic. “The sense of anxiety is high,” said Vivian Merker, a management consultant to financial services firms at Oliver Wyman in New York. “They are gearing up for years of requests from regulators and there’s still reputational risk from PPP fraud even if they did all the right things to follow program rules.” …read more […]
Gold will average less than $2,000 dollars an ounce next year, a Reuters poll showed, as a record-breaking rally slows, although prices are still expected to touch new highs. Gold hit an all-time peak of $2,072.50 an ounce in August from around $1,300 in mid-2019, its fastest rally since the aftermath of the financial crisis a decade ago. The rally was driven by central banks responding to economic slowdown and the new coronavirus by cutting interest rates and pumping money into markets, which boosted gold by lowering returns on bonds and raising the threat of inflation. …read more […]
It’s official. All bets are closed.
We’ve been getting up before sunrise and writing this letter for four years… and nobody has shut us down.
Somebody, somewhere has lost some money.
The odds were against us. The truth doesn’t get much respect these days.
But we’ve found a way to tell it… and we even picked up a few misfit pals along the way.
If you’ve been with us for the past 1,250 or so essays, well, thank you.
Your loyalty means the world to us.
If you’re a bit newer to the page, our gratitude is just the same. Like-minded folks need a place to gather.
Heavy …read more […]
Company Expands Reseller Network into Middle EastVANCOUVER, BC and ERIE, Pa., Oct. …read more […]
Generally speaking, investors are inspired to be stock pickers by the potential to find the big winners. You won’t get… …read more […]
Top news and what to watch in the markets on Tuesday, October 20, 2020. …read more […]
(Bloomberg) — Hong Kong’s Cathay Pacific Airways Ltd. will slash more than 5,000 jobs and close a regional carrier, the latest airline to enact a sweeping restructuring as the virus’s resurgence in the U.S. and Europe and the lack of a vaccine underscore the ongoing uncertainty in global aviation.Another 600 Cathay workers outside of Hong Kong may be affected, and 2,600 unfilled positions will be eliminated. The entire reduction of some 8,500 positions amounts to about 24% of Cathay’s headcount, one of the largest hits in the aviation sector globally since the outbreak started.The third prong of Cathay’s overhaul involves …read more […]
Donald Trump spent years cultivating business projects in China, where he maintained a previously unknown bank account, the New York Times reported. The President has spent recent days promoting a murky claim that his Democrat rival Joe Biden’s son Hunter sold access to his father in Ukraine and China when he was vice-president. It is Mr Trump, however, who maintained an office in China during his first run for president, and partnered with a major government-controlled company, the paper reported. He also keeps a previously unknown bank account in China, controlled by Trump International Hotels Management, according to an analysis …read more […]
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