© Reuters. Investing.com – Japan-listed Softbank Group Corp. (T:) is close to taking over control of work space company WeWork, CNBC reported on Tuesday citing people familiar with the matter. The deal would be worth somewhere between $4 billion and $5 billion, the people said, adding that an announcement couldRead More →
Google GOOGL, +0.39% GOOG, +0.33% is listening to its users’ concerns — and not just literally. The company said Monday it would improve the way it informs customers about how their Google Assistant voice recordings will be used. Part of that effort will include having users re-confirm their preferences forRead More →
Facebook Inc. said late Monday it agreed to buy a startup that would let people control computers with their brains – a long-held ambition by Chief Executive Mark Zuckerberg. The proposed acquisition of CTRL-Labs, a 4-year-old company developing software and a bracelet that measures neuron activity in a subject’s arm,Read More →
It’s Still Brexit Unfortunately We were told that the UK economy would enter a downward spiral the moment anyone had the temerity to vote for Brexit. The Treasury’s forecasts on this matter have turned out not to be true. There were further legitimate worries that the fall of sterling arisingRead More →
© Reuters. A screen displays the logo for Baker Hughes on the floor at the NYSE in New York (Reuters) – General Electric (N:) is looking to raise up to $3 billion in sale of majority-owned Baker Hughes (N:) shares, resulting in a reduction of the U.S industrial conglomerate’s stakeRead More →
Dear Moneyist, My mother-in-law can’t control her spending. She has maxed out all of her credit cards and has little in savings. She lives on Social Security and her deceased husband’s pension. She is only paying the minimum on her cards so they will never get paid off. She alsoRead More →
Ituran Location and Control Ltd. (NASDAQ:ITRN) Q2 2019 Earnings Conference Call August 28, 2019 9:00 AM ET Company Participants Ehud Helft – GK Investor Relations Eyal Sheratzky – Co-CEO Eli Kamer – EVP, Finance & CFO Udi Mizrahi – Deputy CEO & VP, Finance Conference Call Participants David Kelley –Read More →
By Jennifer Hughes and Alun John HONG KONG (Reuters) – Goldman Sachs (N:) has applied for majority control of its Chinese joint venture, the bank confirmed on Wednesday, the latest international bank to do so ahead of Chinese plans to eventually allow foreigners full control. The bank submitted an applicationRead More →
I am happy with the conclusion from my pre-holiday missive that FX volatility is making a comeback. The decision by the Treasury, i.e., the White House, to label China as a “currency manipulator” finally prompted the PBoC to step back and allow USDCNY to breach 7.0, forcing markets to considerRead More →
Zoom Video Communications (ZM) has quickly become one of the most expensive stocks on the market, trading at ~45x forward revenue. After going public at $36 a share a few months ago, the stock is currently trading over $90. While the technology behind the company is impressive and growth hasRead More →
MarketWatch photo illustration/Getty Images Will more information help borrowers navigate college costs and student loans? With the growth in student loans continuing to soar, politicians and borrowers struggling with an issue that’s become both a financial and political problem. Presidential candidates are proposing to cancel student debt and make publicRead More →
Company shareholders are well-positioned to address income inequality by clamping down on sky high corporate pay, but new research says they’ll have to put their mouth where their money is. Shareholders — everyone from a retail investor with a 401(K) to asset management firms with vast pools of money —Read More →
Judging by several key economic indicators, it’s reasonable to assume that inflation will remain steady at a moderate pace. US GDP growth in the first quarter quickened to a solid 3.2% increase and the labor market expanded at a strong pace in April. Later this year, the expansion will becomeRead More →
© Reuters. The HNA Group logo is seen on the gate of HNA Plaza building in Beijing By Jennifer Hughes HONG KONG (Reuters) – Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) asRead More →
© Reuters. FILE PHOTO: Amazon CEO Jeff Bezos and MacKenzie Bezos arrive at the annual Allen and Co. conference at the Sun Valley By Jeffrey Dastin and Arjun Panchadar (Reuters) – MacKenzie Bezos, ex-wife of Amazon.com Inc (NASDAQ:) founder and Chief Executive Officer Jeff Bezos, will give 75 percent ofRead More →
Dear Moneyist, I have a question regarding my fiancé and his father. My fiancé’s father owns his own business that my fiancé has worked at on and off for the better part of a decade. The hours are always sporadic, as is the pay. My fiancé’s father tends to withholdRead More →
Amazon.com Inc.’s plans to buy Eero is the latest in a string of deals by the e-commerce giant to become the eyes, ears and ultimate spy of all consumer behavior in your home. Amazon AMZN, +0.18% said Monday it is buying Eero Inc., a startup founded in 2014 in SanRead More →
As the year 2018 progressed, there was more and more talk about how the regulatory structure needed to change in order to address some of the issues that have arisen as a result of the transition to the information age. Chief among these was the massive size and value ofRead More →