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News & Updates
Source: The Hill
Two federal bank regulators voted Tuesday to approve a significant rollback of a controversial ban on risky trades passed in the aftermath of the 2008 financial crisis.
Source: Seeking Alpha
"We have nothing to fear about a recession right now except for the fear of recession," Bank of America (BAC +3%) CEO Brian Moynihan, said in a Bloomberg Television interview today.
August 21, 2019 Closing racial wealth gap could boost US GDP by 6%Source: Yahoo Finance
A new study from McKinsey & Company shows that U.S. GDP could be up to 6% higher in the next eight years if the racial wealth gap is closed. In other words, the widening gap between white and black households will cost the U.S....
August 21, 2019 Exclusive: Alibaba postpones up to $15 billion Hong Kong listing amid protests: sourcesSource: Reuters
HONG KONG/NEW YORK - China’s biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the...
August 21, 2019 Walmart Sues Tesla, Alleging Faulty Solar Panels Started Multiple Fires on Store RooftopsSource: Gizmodo
In a new blow to floundering Tesla subsidiary SolarCity, Walmart is taking the renewable energy company to court, alleging hardware it installed on the roofs of some stores led to fires at least seven of the retail giant’s...
Source: Investment Europe
...managers seeking to compete in the Swedish institutional market must be able to show competencies in integrating ESG into products and processes - or risk losing business there.
August 21, 2019 Dow makes 'Change the World' listSource: Midland Daily News
Dow has been included on Fortune’s 2019 "Change the World" list, a ranking of 52 companies that have made an important social or environmental impact through their profit-making strategy and operations.
Investment managers within the environmental, social and governance sector are looking to gain an edge by using artificial intelligence, a computer-driven discipline already employed by some of the world’s most successful hedge...
August 21, 2019 The World in 2030: 9 Megatrends to WatchSource: Sustainable Brands
The directions we go and choices we make will have enormous impacts on our lives, careers, businesses and the world. Here are my predictions of how nine important trends will evolve by 2030 — listed in order roughly from nearly...
August 20, 2019 Dow jumps 250 points on hopeful signals about tradeSource: CNN Business
New York - The Dow soared Monday and US stocks scored their third straight rally as investors grew increasingly optimistic about a potential resolution to the the trade war and a limit to its economic fallout.
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