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News & Updates

April 26, 2019 The new World Bank head wants some changes. That could backfire.

Source: The Washington Post

Reports published by the Brookings Institution and the Council on Foreign Relations have advised the bank to focus on countries most in need (e.g., poor and war-torn countries). The bank, some critics argue, continues to try to...

April 26, 2019 Report ranks oil companies by water, chemical management practices

Source: Houston Chronicle

A new report from the shareholder advocacy group As You Sow and investment advisory firm Boston Common Asset Management ranks oil companies based on their water and chemicals management practices. Released on Wednesday morning,...

April 25, 2019 McDonald’s is teaming up with AARP to hire older workers

Source: cnbc

The partnership will mean that all U.S. job postings from the fast-food giant will be featured on AARP’s job board. With the AARP Foundation, McDonald’s U.S. division is also piloting a program in five states to match McDonald’s...

April 25, 2019 Ford Is Pouring $500 Million into Rivian

Source: Jalopnik

U.S. electric pickup truck startup Rivian Automotive LLC said on Wednesday that Ford Motor Co invested $500 million in the company, which is seen as one of the major rivals to Tesla Inc.?

April 25, 2019 Exclusive: Gold worth billions smuggled out of Africa

Source: Reuters

Customs data shows that the UAE imported $15.1 billion worth of gold from Africa in 2016, more than any other country and up from $1.3 billion in 2006. The total weight was 446 tonnes, in varying degrees of purity – up from 67...

April 25, 2019 Microsoft hits $1 trillion market cap after earnings beat estimates

Source: CNBC

Microsoft reported fiscal third-quarter results on Wednesday, and the stock jumped more than 3% on better-than-expected earnings and revenue.

April 25, 2019 American millennials have less money than other generations did at their age — but studies show an alarming amount of them have delusional ideas about their wealth

Source: Greenwich Time

Many American millennials think they'll be millionaires by middle age and have a generally positive view about their finances, according to several studies.

April 25, 2019 Tesla lost $702 million last quarter, snapping its profit streak

Source: CNN

Tesla's profit streak is over. Big time. The electric car company said Wednesday that it lost $702 million last quarter. Its revenue was also down 37% compared to the prior quarter.

April 25, 2019 JP Morgan lays out a blueprint for how this record run in the stock market will keep going

Source: cnbc

A global growth recovery, end of trade disputes and another banner year for buybacks should send the S&P 500 to 3,000 this year, according to J.P. Morgan equity strategists.

April 25, 2019 Abigail Disney's Criticism Of CEO Bob Iger's Pay Raises Difficult Questions

Source: Forbes

It seems that every day the internet is consumed with a social cause that creates an uproar. Over the last couple of days, Twitter and other social media sites were lit up by a tweet and subsequent op-ed written by Abigal Disney,...

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