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☆ First Boston deserves a selective revival
▼ + stars: | 2022-09-20 | by ( John Foley | ) www.reuters.com time to read: +4 min

The logo of Swiss bank Credit Suisse is seen at an office building in Zurich, Switzerland September 2, 2022. By 2006, Credit Suisse First Boston was once again just Credit Suisse. Register now for FREE unlimited access to Reuters.com RegisterFor today’s Credit Suisse, anything that conveys renewed ambition is worth a try. First Boston was a U.S. investment bank in which Credit Suisse first bought a stake in 1978. The Swiss bank took full control in 1990 after First Boston incurred large losses on loans it had made to clients.

☆ Amazon is already valued like a monopoly
▼ + stars: | 2022-09-19 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +4 min

Whether California prevails or not, investors have already granted Amazon a market valuation fit for a monopoly. Amazon, meanwhile, argues that forcing it to showcase products at higher prices would be antithetical to antitrust regulatory goals. One way to value the retail part of Amazon is to strip away the more profitable cloud business, Amazon Web Services. If two-thirds of that comes from North America, it’s equivalent to Amazon capturing 75% of the U.S. e-commerce market. Amazon argued that the state had it “exactly backwards” in an emailed statement.

☆ 1 in 5 of China's urban youth are unemployed. That's a huge headache for Xi Jinping
▼ + stars: | 2022-09-19 | by ( Laura He | Cnn Business | ) edition.cnn.com time to read: +9 min

The youth unemployment rate has repeatedly hit new highs this year , rising from 15.3% in March to a record 18.2% in April. In the past few months, mass layoffs have engulfed once booming Chinese industries ranging from private tutoring to real estate. Xi is seeking a historic third term when the Communist Party hold its congress next month. But youth unemployment will constitute a "major threat" to China's economic and political stability in the long run, he added. But the government seems unwilling to tackle the main reason behind China's economic slowdown this year — the zero Covid policy .

NEW YORK, Sept 16 (Reuters Breakingviews) - If only FedEx delivered profit as reliably as parcels. Boss Raj Subramaniam blamed macroeconomic trends, but the performance at United Parcel Service (UPS.N) suggests poor judgement made matters worse. FedEx raised wages amid Covid-19, when delivery people were putting in overtime to get toilet paper and hand sanitizer onto doorsteps. Founder Frederick Smith is presiding as executive chairman after Subramaniam ascended to be chief executive in June. FedEx plans to cut back flights, reduce working hours, defer hiring and close some of its office locations to save money.

☆ U.S. railways steer clear of crisis
▼ + stars: | 2022-09-15 | by ( ) www.reuters.com time to read: +2 min

TORONTO, Sept 15 (Reuters Breakingviews) - The narrowly averted shutdown of U.S. rail services should avoid widespread economic damage, at least for now. A rail shutdown could potentially be six or seven times as costly as the February shuttering of the Ambassador Bridge route connecting Windsor, Ontario and Detroit. Biden has plenty of competing priorities on his plate, including battling inflation and looming midterm Congressional elections read more . (By Sharon Lam)Register now for FREE unlimited access to Reuters.com RegisterFollow @Breakingviews on Twitter(The author is a Reuters Breakingviews columnist. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Starbucks’s high-octane plan has warm impact
▼ + stars: | 2022-09-14 | by ( Amanda Gomez | ) www.reuters.com time to read: +3 min

NEW YORK, Sept 14 (Reuters Breakingviews) - Starbucks (SBUX.O) is brewing up a high-octane solution for a low-impact problem. The $101 billion coffee chain spent a chunk of its investor day on Tuesday discussing ways to help its restless U.S. workforce. A judge in Tennessee last month ordered the company to rehire employees who supported unionizing – an order Starbucks plans to appeal, Reuters reported. The National Labor Relations Board, a federal agency tasked with protecting employees’ rights, is fielding complaints against the coffee chain. CONTEXT NEWSStarbucks held its investor day on Sept. 13.

☆ Amazon’s green drive clips venture capital coupons
▼ + stars: | 2022-08-25 | by ( ) www.reuters.com time to read: +2 min

Nine million of those are already well in the money, helped by the 5% jump in Plug Power’s share price. Plug Power, meanwhile, can scale production and potentially attract others. Plug Power’s stock is up 10-fold since then. Yet Plug Power’s revenue from Amazon equalled negative $310 million in 2020 read more , due to the way it accounts for the accompanying warrants. Besides, analysts expect Plug Power to burn over $1 billion of cash this year, according to Refinitiv.

☆ Peloton investors gear up for a volatile ride
▼ + stars: | 2022-08-25 | by ( ) www.reuters.com time to read: +2 min

TORONTO, Aug 25 (Reuters Breakingviews) - Investors in Peloton Interactive (PTON.O) hardly ever know what kind of workout they’ve signed up for. Shares in the exercise-bike maker sank over 18% on Thursday morning after it posted a $1.2 billion net loss for the three months to June, about four times the deficit for the same period of 2021. The slide wiped out an equivalent percentage gain a day earlier after Peloton said it would begin selling its bikes and other accessories on Amazon.com (AMZN.O) in the United States. McCarthy isn’t sitting idle — roughly a third of the company’s quarterly loss was due to restructuring charges. Thursday’s slide shrinks Peloton’s enterprise value to just over $3 billion, after deducting roughly $500 million in net cash.

☆ These are the 3 things we listen for in a company's earnings call with investors
▼ + stars: | 2022-05-27 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Every quarter, management teams walk through their earnings reports with analysts and investors on an interactive call, typically on the same day those reports are released. They are also one of the best ways for investors to understand what drove a company's financials and where the business goes from here. In our view, the sellers decided that comment meant that the second half won't be up as much as previously thought. And management still expects an increase in subs in the second half to exceed the first half. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

[1/2] A man walks towards the Tesla factory in Fremont, California, U.S. June 22, 2018. Tesla in a filing in state court in Oakland on Monday also revealed that it is separately being investigated by the U.S. The state agency last month lost a bid to block an $18 million settlement between the EEOC and Activision Blizzard Inc (ATVI.O) in a sex discrimination case. The state agency in its lawsuit accused Tesla of fostering a "racially segregated workplace" at its Fremont, California plant where Black workers were subjected to racial slurs and discriminated against in job assignments, discipline and pay. read moreA federal judge in California last week awarded $15 million to a former Tesla elevator operator in a race bias case.

☆ These 3 technologies will be key to Intel's business as it staves off competition from companies like AMD and Nvidia
▼ + stars: | 2021-11-03 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +4 min

Under CEO Pat Gelsinger, Intel is making new bets in chip manufacturing and open source software. Analysts say Intel's new foundry business, AI acquisitions, and x86 chips will be foundational. Competition among chip design rivals like AMD and Nvidia is heating up, while other chip startups are on the rise. Besides Mobileye, Intel has been expanding into building a wide array of AI chips, including through its acquisition of Nervana in 2016. Intel's x86 are foundational to its businessFinally, analysts say Intel's x86 chips have been and continues to be the bread-and-butter to its business.

☆ Hong Kong Police Seize Statue Commemorating Tiananmen Massacre
▼ + stars: | 2021-06-04 | by ( Austin Ramzy | ) www.wsj.com time to read: 1 min

Students observed a minute of silence in front of the ‘Pillar of Shame’ statue at the University of Hong Kong on June 4, 2021. Photo: LAM YIK/REUTERSHONG KONG—A statue in Hong Kong commemorating the 1989 Tiananmen massacre, one of the more potent symbols of the city’s pro-democracy movement, was seized by police on Friday, the sculptor said. The statue, “Pillar of Shame,” is a 26-foot-tall depiction of piled bodies signifying those killed during the Tiananmen crackdown. It had been on display at the University of Hong Kong since the late 1990s before it was removed in 2021.

☆ How to trade the SPAC slowdown, plus the case for $1 million Bitcoin by year-end
▼ + stars: | 2021-04-25 | by ( Joe Ciolli | ) www.businessinsider.com time to read: +2 min

Brian Snyder/Reuters; Michael Loccisano/Getty Images; Samantha Lee/InsiderHello and welcome to Insider Investing. Here's what's on the docket:If you aren't yet a subscriber to Insider Investing, you can sign up here. He first bought Bitcoin at $10 and began to double down in 2014 after acquiring a "HODL" mindset. He explains how Bitcoin might hit $1 million by year-end — and as a bonus lays out what meme token Dogecoin is all about. Read the full story here:TappanOnline art platform Tappan Collective, which launched in 2012, saw sales double in 2020 as online art sales surged.

☆ Wisdom from a crypto billionaire, plus a risk-free bitcoin trade that could pay double-digit returns
▼ + stars: | 2021-04-18 | by ( Business Insider | ) www.businessinsider.com time to read: +2 min

Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Stephen Lam/Getty ImagesHello and welcome to Insider Investing. I'm Joe Ciolli, and I'm here to guide you through what's been happening in markets. Here's what's on the docket:If you aren't yet a subscriber to Insider Investing, you can sign up here. On a recent podcast, he discussed a strategy that secured 10% daily returns on million-dollar trades.

Fang Lang, cel care a fost găsit plutind pe pe o ușă, a vâslit ulterior o barca de salvare care a transportat în siguranță supraviețuitorii. Chang Chip a rămas cu sechele grave după accident și a murit de pneumonie în 1914. Ah Lam a fost deportat în Hong Kong, în timp ce Ling Hee a fost îmbarcat spre India. Fang Lang a decedat în 1985, la vârsta de 90 de ani. Tom Fong crede că tatăl său nu a vorbit despre asta din cauza traumei și a stigmatizării.

Persons: Ellis, Lee Bing, Lang, Ah Lam, Chung, Ling Hee, Arthur Jones, - lea, Tim Maltin, Maltin, Titanic, Tom Fong, Fang Lang Organizations: Ellis Island, BBC, Titanic, Eagle, Fang Locations: New York, SUA, China, The, Caraibe, chinez, Occident, Brooklyn, Cuba, Londra, Hong Kong, India, Canada, Milwaukee, Wisconsin

☆ Cel puţin cinci morţi şi o persoană dispărută, după inundaţiile din Vietnam
▼ + stars: | 2020-12-01 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Printre victime se numără un bărbat şi cele două fiice ale sale, în vârstă de 8, respectiv 11 ani. Ei au fost luaţi de ape luni seara, în timp ce traversau un pârâu, a anunţat comitetul naţional pentru operaţiuni de căutare şi salvare. Corpurile lor au fost găsite la aproximativ un kilometru distanţă, scrie agerpres.ro Autorităţile din provincia Lam Dong au găsit trupul uneia dintre două turiste date dispărute după ce au fost surprinse de o viitură în timp ce traversau duminică un pod suspendat. Echipele de intervenţie o caută în continuare pe cealaltă femeie dispărută.În altă regiune, o femeie a murit electrocutată după ce casa în care se afla a fost inundată în urma ploilor, în provincia Khanh Hoa, au declarat autorităţile locale.Zonele din centrul Vietnam au fost afectate de ploi torenţiale începând de sâmbătă. În unele regiuni au fost înregistrate cantităţi de precipitaţii de 190 milimetri în ultimele trei zile, a indicat Centrul Naţional de Prognoză Hidrometeorologică.Inundaţiile şi alunecările de teren au provocat decesul a 372 de persoane din ianuarie până în decembrie şi pagube în valoare de 1,65 miliarde de dolari, potrivit Biroului General de Statistică din Vietnam.

Organizations: Statistică Locations: Lam Dong, Khanh Hoa, Vietnam

☆ Şefa executivului din Hong Kong care a fost sancţionată de SUA, nu mai beneficiază de cont bancar
▼ + stars: | 2020-11-28 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Şefa executivului din Hong Kong, Carrie Lam, a declarat că are ''stive de numerar'' acasă, neavând niciun cont bancar de când Statele Unite i-au impus sancţiuni, relatează AFP.Carrie Lam este vizată, alături de alţi 14 înalţi oficiali, de sancţiuni americane după decizia Beijingului de a impune la sfârşitul lunii iunie o nouă lege strictă de securitate naţională pe teritoriul semi-autonom al Hong Kong-ului, scrie agerpres.ro Decizia Washingtonului a îngheţat activele americane ale celor 15 lideri şi incriminează orice tranzacţie financiară în Statele Unite.Într-un interviu acordat canalului de televiziune local HKIBC, difuzat vineri seară, lidera a declarat că ''foloseşte numerar în fiecare zi pentru tot felul de lucruri''. ''În faţa dumneavoastră se află şefa executivului din Hong Kong care nu are un cont bancar", a declarat Carrie Lam pentru HKIBC. ''Am stive de bani acasă, guvernul îmi plăteşte salariul în numerar'', a spus ea, adăugând că este ''foarte onorabil'' să fie ''sancţionată în mod nejustificat'' de către guvernul SUA.Câştigând 5,21 milioane de dolari din Hong Kong (672.000 de dolari americani) pe an, Carrie Lam se numără printre cei mai bine plătiţi lideri din lume.

Persons: Carrie Lam, Lam Locations: Hong Kong, Statele Unite, Statele

☆ I pay about $36 a month for disability insurance, and I sleep better knowing I'll have $5,000 a month to cover my bills if I can't work
▼ + stars: | 2020-08-18 | by ( Eric Rosenberg | Freelance Writer | Read More | ) www.businessinsider.com time to read: +6 min

If you don't get disability insurance as a benefit at work, it may be worth signing up for a disability insurance policy on your own. After that wake-up call, she signed up for disability insurance from Freelancers Union, a nonprofit that offers a range of services and benefits to freelancers, including disability insurance. What to look for in a disability insurance policyWhen setting up my disability insurance, there were a few important areas I wanted to review before signing on the dotted line:Monthly cost for desired coverage: Cost is a top consideration with any insurance product. Ultimately, your disability insurance should cover your essential monthly bills if you are unable to earn a paycheck. Social Security Disability Insurance may offer you coverage as well, but it's likely not enough to cover your bills on its own.

From an early age, my dad taught me that I had to be responsible for my own finances, especially when it came to retirement. Because of this advice, I've taken seriously the task of tucking away money for my own nest egg. Saving in my solo 401(k) accountSince I opened a solo 401(k) a few years back, I've been trying to squirrel away as much money as I can. If you're unfamiliar, solo 401(k) accounts are designed for business owners with only one employee — themselves. What's particularly neat about solo 401(k) accounts is that as the business owner, you can make contributions as both an employer and an employee.

Persons: I've, —, Ameritrade Organizations: Service Locations: Los Angeles

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Putting all your work-related expenses on a business card such as the Ink Business Preferred® Credit Card can help you rack up rewards. After doing some research on the best business credit cards, I decided on the Ink Business Preferred® Credit Card from Chase. How a business credit card has simplified my lifeIt's easier to stay on top of financial housekeeping for my businessPutting all my business-related expenses on the Ink Business Preferred® Credit Card simplifies my record-keeping big-time. Purchase protectionBesides the points, the Ink Business Preferred® Credit Card offers protection on certain purchases you make with the card.

We have also added Arab and West Indian ancestry groups to this list, since they represent significant ethnic groups when counted together even if they don't make the list when tracked for specific countries. Notable Americans with Mexican ancestry include Tony Romo, Eva Longoria, Salma Hayek, Mario Lopez, Jessica Alba, Joan Baez, Carlos Santana, and Louis C.K. 19,911,467 AmericansA large number of people claim American ancestry, either as a political statement or because their pre-American ancestry is mixed or uncertain. Notable Americans with Native American ancestry include Wilma Mankiller, John Herrington, Sitting Bull, and Armie Hammer. Notable Americans with Indian ancestry include Mindy Kaling, Kal Penn, Padma Lakshmi, M. Night Shyamalan, Indra Nooyi, and Aziz Ansari.

Persons: Sandra Bullock, John Steinbeck, Ben Affleck, Jessica Biel, Tom Cruise, Uma Thurman, David Letterman, Walt Disney, Henry J, Heinz, Oscar Mayer, slavesfrom, Barack Obama, Condoleezza Rice, Oprah Winfrey, Michael Jordan, Denzel Washington, Beyoncé Knowles, John F, Kennedy, Neil Armstrong, Henry Ford, Scott Fitzgerald, Conan O'Brien, Derek Jeter, Elvis Presley, Bruce Springsteen, Tony Romo, Eva Longoria, Salma Hayek, Mario Lopez, Jessica Alba, Joan Baez, Carlos Santana, Louis C.K, Justin Timberlake, Clint Eastwood, Orson Welles, Seth MacFarlane, George Clooney, Cher, Liza Minnelli, Ernest Hemingway, Bill Gates, Maria Bartiromo, Robert De Niro, Francis Ford Coppola, Quentin Tarantino, John Krasinski, Lisa Kudrow, Frank Gehry, Gloria Steinem, Richie Sambora, Warren Buffett, Louis Chevrolet, Zooey Deschanel, Ellen DeGeneres, Paul Revere, Henry David Thoreau, Anthony Bourdain, Reese Witherspoon, Lucille Ball, Robert Downey Jr, Johnny Cash, Lyndon B, Johnson, Edgar Allen Poe, Malcolm X, Ulysses S, Grant, Andrew Jackson, Wilma Mankiller, John Herrington, Sitting Bull, Armie, Thomas Edison, Walt Whitman, Theodore Roosevelt, Jones, Jennifer Lopez, Joaquin Phoenix, Marc Anthony, Ricky Martin, Geraldo Rivera, Lance Armstrong, Sally Ride, Michelle Williams, Renée Zellweger, Mark Wahlberg, Buzz Aldrin, Matt Damon, Phil Mickelson, Mamie Eisenhower, Charles Lindbergh, Gold Rush, Ma, Lucy Liu, Alexander Wang, Derek Lam, Phillip Lim, Vera Wang, Christine Chen, Michelle Kwan, Dan Lin, Michael Bloomberg, Leonardo DiCaprio, Milla Jovovich, Sean Penn, Natalie Portman, Joan Rivers, Michelle Trachtenberg, Mindy Kaling, Kal Penn, Padma Lakshmi, Indra Nooyi, Aziz Ansari, Colin Powell, Rihanna, Lenny Kravitz, Tim Duncan, Jose Antonio Vargas, Bruno Mars, Monique Lhuillier, Rob Schneider, Hailee, Celine Dion, Angelina Jolie, Justin Theroux, Chelsea Clinton, Thomas Jefferson, Abraham Lincoln, Hillary Rodham Clinton, Jorge Posada, Desi Arnaz, Gloria Estefan, Narciso Rodriguez, Sabi, Christy Turlington, Carlos Hernández, Edward Said, Ralph Nader, Steve Jobs, Hala Gorani, Frank Zappa, Margaret Quigley, Tyga, Cung Lee, Eugene H, George W, Bush, Estée Lauder, Jason Mraz, Sissy Spacek, Milton Friedman, John Kerry, Paul Simon, Paul Newman, Louis CK, Kate Hudson, Steven Spielberg, Drew Barrymore, Calvin Klein, Teresa Heinz Kerry, Tony Coelho, Katy Perry, Tom Hanks, James Franco, Jamie Chung, Nelson Chai, Sandra Oh, Won Chang, Young Lee, Mary Kate, Ashley Olsen, Scarlet Johansson, Lars Ulrich, Metallica, Hanson, Iggy, Rafael Trujillo, Sammy Sosa, Junot Díaz, Oscar De La Renta, Alex Rodriguez, Zoe Saldana, Jennifer Aniston, Bob Costas, Tina Fey, John Stamos, George Papanicolaou Organizations: Census, Survey, Cornell West, Immigrants, Immigration, Canadian, Louisiana Creole, U.S, Scottish, -, East Coast, The New York Times, Dutch Immigrants, Puerto Rican Puerto Ricans, Puerto Ricans U.S, Citizenship, Puerto, Puerto Rican, Ireland, Dakotas, Gold, U.S ., Indian, Virgin, West Indians, Canadian French Canadian, Welsh Quakers, Cuban Cubans, Salvadoran, Puerto Ricans, Arab American Institute, American, Metro, Tri, San, Korean, Danes, Iggy Pop, European Union Locations: U.S, Indian, Alaska, West, America, Maricopa County , Arizona, Saharan Africa, slavesfrom West, Central Africa, Ireland, United States, New York, Boston, Philadelphia, Chicago, San Francisco, Los Angeles, Houston, Phoenix, San Diego, Dallas, San Antonio, Northwest, California, Louisiana, Suffolk County , New York, Buffalo, Detroit, Cleveland, Milwaukee, France, Louisiana , Massachusetts, Michigan, Scotland . California , Florida , Texas , New York, Ulster, Northern Ireland, New England, Appalachia, East, East Coast ., Scotch, New Mexico, South Dakota , Oklahoma, Montana, York City, New Amsterdam, Ohio, California , New York, Pennsylvania, Puerto Rican, Puerto Ricans, Florida , New Jersey, Manhattan, Europe, Norwegian, Midwest, Minnesota, Wisconsin, Iowa, , Minnesota, West Coast, Hawaii, New York City, Maryland, North Dakota, South Dakota, California , New York , New Jersey , Texas, Illinois, British West Indian, Dutch, Virgin Islander, . California, New York , Illinois, Texas, Quebec, Maine, French, Welsh, Morgan, Cuban, Florida, New Jersey, El Salvador, America . California , Texas , New York, Virginia, Long, Puerto, Egypt, Iraq, Jordan, Lebanon, Morocco, Palestine, Syria, Detroit , New York, Washington, Vietnam, Czech, Czech Republic, Texas , Illinois , Wisconsin , Minnesota, Nebraska, Hungarian, Portuguese, Metro Boston, Oakland, China, New York , New Jersey , California, California , Utah, Dominican Republic, Dominican Americans, New York , New Jersey , Florida , Massachusetts, Dominican, Greece

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