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News & Updates

July 20, 2018 People of all ages define the American Dream the same way — but millennials take it one step further

Source: Yahoo Finance

The American Dream is alive and well.Nearly 60% of respondents surveyed in Bank of the West's 2018 Millennial Study believe they have attained the American Dream or believe that it's still attainable today.

July 20, 2018 Just about everyone seems to be preparing for the Brexit nightmare scenario

Source: Quartz

Also known as a “hard Brexit,” banks, think tanks, lobby groups, and the country’s largest firms have continually warned that it could have nauseating consequences. To name a few: The country’s car industry is at risk of...

July 20, 2018 A fracking ban is hypocritical

Source: Commonwealth Magazine

MEANINGLESS, hypocritical political grandstanding. Those are words no one should ever use lightly – but they are words that accurately describe a provision of Massachusetts energy legislation now pending on Beacon Hill that calls...

July 20, 2018 Oil majors win dismissal of New York City climate lawsuit

Source: Reuters

NEW YORK - A U.S. judge on Thursday dismissed a lawsuit by New York City seeking to hold major oil companies liable for climate change caused by carbon emissions from burning fossil fuels.

July 20, 2018 Report: Wells Fargo will pay millions in refunds for pet insurance, other add-on products

Source: LA Times

Wells Fargo & Co. will refund tens of millions of dollars to customers who paid for identity-theft protection, pet insurance and other add-on services offered by the bank, the Wall Street Journal reported Thursday.

July 20, 2018 A Stunning Glance at the Geography of U.S. Income Inequality

Source: Inequality

The New Gilded Age finds — no surprise — that income inequality in the United States “has risen in every state since the 1970s.” The surprise comes from the numbers that cover 2015, the most recent year with full stats available....

July 19, 2018 IBM stock rises after earnings beat

Source: CNBC

IBM stock fluctuated and then rose to more than 2.5 percent above the $144.52 closing price after the company reported better-than-expected second-quarter earnings results on Wednesday.

July 19, 2018 Papa John's Surges on Report Ousted Chair Had Held Merger Talks With Wendy’s

Source: Bloomberg

Papa John’s International Inc. climbed after a report that the company’s controversial founder John Schnatter, under fire for the use of a racial slur, held recent talks with Wendy’s Co. about a potential merger.

July 19, 2018 China is running out of US imports to tax—but there’s still a big way it can punish the US

Source: Quartz

As Donald Trump continues to escalate his slap-happy approach to tariffs on Chinese goods, China is running out of US goods on which to to levy duties in retaliation. But if China wants to keep going tit-for-tat, it has other...

July 19, 2018 Warren Buffett finds an 'elephant' in Berkshire's own backyard

Source: CNBC

Warren Buffett has looked around for suitable ways to invest Berkshire Hathaway's $106 billion cash hoard, and he has finally come up with an idea: Berkshire Hathaway.

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