As a small business owner, you may need to take out a loan at some point to finance your marketing campaigns. But is this the right move for your business? Before taking out a loan to finance your marketing campaigns, you must consider a few things. First, you need to […]
Finance
Google stock better than Facebook during vaccine recovery in 1H 2021
Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Bank of America analysts said in a note Wednesday that Alphabet stock will benefit more than online ad peer Facebook when the world starts recuperating […]
This common mistake poses a ‘huge problem’ for investing decisions: Annie Duke
TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and […]
Robinhood pays $65 million to settle SEC charges over misleading customers
Commission-free online brokerage Robinhood agreed to pay $65 million in penalties for misleading customers as to the largest source of its revenue: fees it earned from trading firms for routing customer orders to them. The Securities and Exchange Commission said that between 2015 and 2018, Robinhood made misleading statements about […]
Roku Jumps After Reaching Deal With AT&T to Carry HBO Max
(Bloomberg) — Roku Inc. shares were on pace for a record Thursday after the biggest U.S. streaming-TV provider agreed to carry AT&T Inc.’s HBO Max, resolving a long impasse that kept the video service from reaching a wider audience. The agreement announced Wednesday lets AT&T potentially reach millions of new […]
COLUMN-Six Social Security fixes that should be on Biden’s agenda next year
(The opinions expressed here are those of the author, a columnist for Reuters.) By Mark Miller CHICAGO, Dec 17 (Reuters) – President-elect Joe Biden will be plenty busy battling the pandemic when he takes office next month, and Social Security will likely not be on top of his agenda. But […]
Luckin Coffee to pay US$180 million to settle SEC charges of accounting fraud as it inflated numbers to rival Starbucks
Luckin Coffee agreed to pay US$180 million to settle allegations by the US Securities and Exchange Commission (SEC) that it had engaged in scam accounting to make its financial performance appear healthier than it was. The start-up based in the Fujian provincial city of Xiamen, which claimed to be China’s […]
Snowstorm rolls into Northeast, providing another reason to stay home
NEW YORK — A major snowstorm rolled into the Northeast on Wednesday at a key moment in the coronavirus pandemic, days after the start of the U.S. vaccination campaign and in the thick of a virus surge that has throngs of people seeking tests per day. Snow was falling from northern Virginia to points […]
Google Illegal Deal With Facebook Alleged in Monopoly Suit
(Bloomberg) — It reads like a grand conspiracy of the nerds. On Wednesday, Texas Attorney General Ken Paxton filed an antitrust lawsuit against Alphabet Inc.’s Google. At its center is a bold claim: Google colluded with archrival Facebook Inc. in an illegal deal to manipulate auctions for online advertising, an […]
Opioid industry has paid advocacy groups $65M
A bipartisan congressional investigation released Wednesday found that key players in the nation’s opioid industry have spent $65 million since 1997 funding nonprofits that advocate treating pain with medications, a strategy intended to boost the sale of prescription painkillers. The report from Sens. Chuck Grassley of Iowa and Ron Wyden […]
Boohoo boss promises ‘to make everything better’
TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and […]
Holiday shoppers pull back on impulse buys amid coronavirus pandemic
As holiday shoppers browse store aisles, wait in checkout lines and get carried away by the twinkle of Christmas tunes, they often toss extra items into their basket. A box of chocolates. A tube of lip gloss. Or the perfect gift for a friend or family member that wasn’t originally […]
A Breakdown of Savings Accounts
For many of your financial goals, whether it be a new car, a new home or retirement, a savings account can help you get there. The deposits you make into your savings account can earn interest and, over time, that bundle of money grows so you can afford to pay […]
How To Have a Holiday Dinner on a Budget
Traditional Christmas Duck Holiday Dinner with Oranges, Pomegranate, Potatoes and Brussels Sprout. The holidays can bring a much-needed sense of joy and sparkle to challenging times. However the pressure to make the season special, with all the gifts, activities and food that go into that, adds a lot of stress […]
CFOs Face Challenges Forecasting Capital Spending Plans for 2021
Finance chiefs across industries are facing a common challenge: Predicting whether pandemic-driven shifts in customer demand and consumer behavior are here to stay. The task, which is part of the budgeting process for 2021, in many cases means placing a bet on what they expect the future will look like—and […]
Boohoo boss promises ‘to make Leicester right’
Mahmud Kamani and Carol Kane set up Boohoo in 2006 Executives of the online fashion chain Boohoo have said they are “fixing” things at the firm, which has come under fire over workers’ pay and conditions and its ultra-low pricing. The firm’s co-founder, Mahmud Kamani, who rarely speaks publicly, said […]
Robinhood recklessly gamifies investing, Massachusetts official says
Stock trading app Robinhood is being accused of reckless, exploitive business tactics on its millennial clientele. “The worst aspect of what they do clearly is the way they are gamifying the idea of investing,” Massachusetts Secretary of the Commonwealth William Galvin told CNBC’s “Squawk Alley” on Wednesday. “This is a […]
Robinhood Is Accused of ‘Gamification’ by Massachusetts
(Bloomberg) — Robinhood Markets drew millions of users to investing with a colorful app that makes trading seem empowering instead of intimidating. That very appeal thrust it into the regulatory crosshairs yet again on Wednesday. Massachusetts securities regulators filed a complaint against Robinhood Financial LLC, alleging the popular online brokerage […]
Balancing innovation and optimization | CIO
Robinhood is an online trading platform that is on a mission to democratize finance and make it possible for everyone to participate in the financial system. The company has experienced explosive growth in the past year, the growing pains that go with it, and some important lessons along the way. […]
How to reduce the cost of Christmas energy bills
TipRanks Shift Into Hydrogen Could Lift These 3 Stocks Higher In a report on the alternative fuel market, analyst Rupert Merer, of National Bank of Canada, looks at the possibilities and potentialities of the hydrogen as both an energy resource and a commodity. At the heart of the matter, he […]