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Understanding business loansWhat is a business loan? Types of business loans availableYou need to determine what you will use the money for before applying for a business loan, as there are various loan types. "Business loan options are abundant, and it can be very easy to obtain business financing," says Grayson. After the applicationWhat to expect after applyingLenders generally look at your time in business, credit scores (both your business credit score and personal credit score), cash flow, collateral, and the industry the business is in. Business loan FAQsWhat credit score is needed to get a business loan?
Persons: you've, Gina Taylor Cotter, You'll, Noah Grayson, Grayson, you'll, Matt Brewster, Brewster, Ryan Wangman, Read Organizations: GM, Global, Services, American Express, Small Business Administration, South End, Estate Bees, Nonprofit, Chevron, Finance, Northwestern University, Boston Globe
Tesla shareholders on Thursday voted to ratify CEO Elon Musk's mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. Watch Elon Musk speak at the Tesla shareholder meeting nowThe compensation package was previously worth as much as $56 billion in Tesla stock. However, during last year's meeting, Musk promised shareholders he would spend less time on the app going forward, calling the business a "short-term distraction." Regarding the Cybertruck, which hit the market in late 2023, Musk said deliveries are picking up. Musk promised Tesla would move into "limited production" of Optimus in 2025 and test out humanoid robots in its own factories next year.
Persons: Elon, Musk, Judge Kathaleen McCormick, didn't, Tesla, He's, Pony.ai, Didi, Waymo, Optimus, Cathie Wood Organizations: ., Shareholders, SpaceX, Tesla, ARK Locations: Delaware, Austin , Texas, China, Texas
How flying taxis could go mainstream
  + stars: | 2024-02-20 | by ( Sarah Sloat | ) www.businessinsider.com   time to read: +7 min
But some experts say if air taxis are going to go mainstream, an overlooked element will need to be scaled up: software. One part is the physical infrastructure, such as a vertiport — where air taxis can take off, land, and recharge. Because it’s a self-flying aircraft, there are unique software needs, Becky Tanner, the chief marketing officer at Wisk, told BI. Courtesy of VolocopterVolocopter also sees a “stand-alone business case” for VoloIQ as a third-party software, Seywald said. Getting air taxis in the skies could hinge on the customersSoftware is an essential part of the success of a mobility provider, Seywald told BI.
Persons: you’re, it’s, , Yu Yu Zhang, ” Zhang, Zhang, There’s, Susan Shaheen, ” Shaheen, Becky Tanner, ” Tanner, VoloIQ, Klaus Seywald, Seywald, Volocopter, ” Seywald, Shaheen Organizations: Newark Liberty International Airport, Infrastructure, US, AAM, Federal Aviation Administration, Center for Urban Transportation Research, University of California, Sustainability Research Center, Purdue University, Aerovy Mobility, Boeing, Wisk, Microsoft, Software, Locations: Manhattan, Berkeley, Wisk, German, Paris, Rome
BENGALURU, Nov 21 (Reuters) - Eutelsat (ETL.PA) subsidiary Eutelsat OneWeb said on Tuesday it had won approval from India's space regulator to launch commercial satellite broadband services in the country. Prime Minister Modi's government, which is heading for elections next year, is pushing the development of India's space industry. Investors poured $119 million into Indian space startups in 2022, up from a total of just $38 million in all the years up to 2017. In March, OneWeb partnered with Indian Space Research Organization (ISRO) to launch 36 satellites. Amazon's Project Kuiper (AMZN.O) has also been in talks with regulators to offer satellite broadband services in India, the Economic Times newspaper reported last month.
Persons: Eutelsat OneWeb, Modi's, Sunil Bharti Mittal, Eutelsat, Mittal's, Mittal, OneWeb, Elon Musk's Starlink, Nivedita, Kanjyik Ghosh, Alexander Smith Organizations: Mittal's Bharti Enterprises, Airtel, Indian Space Research Organization, ISRO, Reuters, Ambani's, Economic Times, Thomson Locations: BENGALURU, India, Bengaluru
.GSPF YTD mountain S & P 500 Financials Sector YTD performance Club stocks in the Financials sector: Morgan Stanley ( MS): The bank's services include investment banking, wealth management and investment management. Communication Services Sector market weight: 8.85% Market cap: $3.3 trillion YTD performance: up 44.5% Industries: Diversified telecommunication services; entertainment; interactive media & services; media; wireless telecommunication services. .GSPTS YTD mountain S & P 500 Communication Services Sector YTD performance Club stocks in the Communication Services sector: Walt Disney (DIS): The entertainment giant reported another mixed quarter last month, even against low expectations. Real estate Sector market weight: 2.44% Market cap: $909 billion YTD performance: up 0.9% Industries: Equity real estate investment trusts; real estate management & development. .SPLRCR YTD mountain S & P 500 Real Estate Sector YTD performance While we don't own any real estate stocks, investors have historically invested in the sector for its reliable cash flow from income-generating properties.
Persons: Jim Cramer's, Jim, Salesforce, reenergized, Marc Benioff, Wolfe, Palo, Eli Lilly, Cantor Fitzgerald, Bausch, bioprocessing, Morgan Stanley, Morgan Stanley's, Eaton Vance, Wells Fargo, Wells, TJX, Wynn, Locker, We've, Mary Dillon, Walt Disney, Bob Iger's, Emerson, Davidson, Vimal Kapur, Stanley Black, Decker, Estee Lauder, Gillette —, Elliott, Coterra, Linde, Jim Cramer, Mandel Ngan Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Technology Sector, Industries, Communications, Technology, Information Technology, Apple, Wedbush Securities, Microsoft, UBS, Deutsche Bank, Nvidia, Broadcom, VMware, Palo Alto Networks, Wolfe Research, Palo Alto, Oracle, Mizuho, Amazon Web Services, Google, Health Care, Biotechnology, Health, Bausch Health, Leerink Partners, GE Healthcare Technologies, General Electric, GE, Financials, Bank of America, United Auto Workers, Detroit, Ford, Starbucks, TJX, Marshalls, Wynn Resorts, WYNN, Communication Services, Communication, Hollywood, Charter Communications, Disney, JMP Securities, Facebook, Industrials, Aerospace, Emerson, Caterpillar, Honeywell, Consumer Staples Sector, Consumer, Consumer Staples, Costco Wholesale, Procter & Gamble, Gillette, Constellation Brands, Corona, Modelo, Pacifico, Elliott Management, Energy Sector, Energy, Coterra Energy, Natural Resources, West Texas, Utilities Sector, Electric, Companies, Sempra Energy, Materials, Chemicals, Linde, LIN, DuPont, Sector, Equity, Real, Jim Cramer's Charitable, New York Stock Exchange, AFP, Getty Locations: U.S, FactSet, bioprocessing, Wells Fargo, China, Maxx, Macao, Asia, Pacifico —, California, Texas
This beauty company is the most oversold S&P 500 stock
  + stars: | 2023-08-05 | by ( Alex Harring | ) www.cnbc.com   time to read: +3 min
But Wall Street sees a rally in Ulta's future, with the average price target suggesting 23% upside for the stock over the next year, according to FactSet. Slightly less than half of analysts rate the stock a buy. Health-care stock HCA is favored more, with about two-thirds of analysts recommending it as a buy. Nearly seven out of every 10 analysts rate the stock a buy, with an average price target implying shares could rise nearly 9%, according to FactSet. The consensus price target among analysts has IBM gaining less than 1% over the next year, while Packaging Corp. could tumble nearly 8%.
Persons: Ulta Organizations: Health, HCA, Marathon Petroleum, Marathon, IBM, Packaging Corporation of America, Packaging Corp, Packaging Corporation Locations: Ulta's
CNN —Ten self-driving electric Volkswagen buses will soon cruise the streets of Austin, Texas, testing autonomous driving technology. Buzz electric vans will test technology VW is working on with Mobileye, an Israeli company once owned by Intel that also works with BMW, General Motors and Ford. VW won’t operate it’s own taxi service, though, as some other autonomous driving companies have planned, the company said in its announcement. VW joins joins companies such General Motors’ Cruise, which is also operating self-driving vehicles in Austin, and Waymo, the autonomous driving subsidiary of Google’s parent company Alphabet. Both automakers said at the time they would hire Argo AI staffers to support their own autonomous driving efforts.
Persons: Ford, Vokswagen, Motors ’, Mobileye, van Organizations: CNN, Argo, VW, Intel, BMW, General Motors, Ford, Volkswagen, Motors, Austin, Miami, automaker’s, Vehicles Locations: Austin , Texas, Austin, United States, Germany, California, Arizona, New York City, Washington , DC, Pittsburgh
In late May last year, some 250 salespeople at American Express learned they weren't going to get paid. In addition to earning commissions, the Premium Wire volumes helped them reach higher compensation tiers, known as kickers. For the first time, the Premium Wire product made economic sense. The presentation discussed shifting the sales focus toward Premium Wire and another product to "accelerate revenue growth and meet client's needs." Isserlis said Williams was fired because of misconduct unrelated to Premium Wire.
Persons: Amex, salespeople, Salespeople, Adam Isserlis, Isserlis, Stephen Squeri, John Moore, Amex salespeople, Pablo Ribas, Ribas, Anna Marrs, Marrs, Charles Schwab, Schwab, Mike Peterson, Charlene Luke, they'd, Nick Williams, Williams, Nick, Mr, , Thomas Zoerner, Zoerner, Amex's, she's, weren't, Carter Johnson Organizations: American Express, Commercial Services, Securities and Exchange Commission, Justice Department, Internal Revenue Service, Street, IRS, Getty, Credit, Employees, Business, SME, Global Commercial Services, Marriott, Express, University of Florida's Levin College of Law, Amex, California Labor, Court, whistleblowing Locations: Brooklyn, California, Manhattan, Canadian, , Orange County , California, New York, Webex
How to get a business loan
  + stars: | 2023-06-08 | by ( Ryan Wangman | Richard Richtmyer | Loans Reporter | ) www.businessinsider.com   time to read: +11 min
You may also consider contacting a business loan specialist or a direct business lender that offers many options. "Business loan options are abundant, and it can be very easy to obtain business financing," says Grayson. Lenders generally look at your time in business, credit scores (both business and personal), cash flow, collateral, and the industry the business is in. Grayson emphasizes three key factors that lenders prioritize before making lending decisions: Ability to repay the loan, the need for the money and how it will assist with a critical business need or growth, and the business and business owner's overall creditworthiness. Grayson emphasizes that research is the most important tool to be successful with a small business loan.
Persons: you've, , Matt Brewster, Gina Taylor Cotter, You'll, Noah Grayson, Grayson, Brewster, Cotter Organizations: Service, Business Administration, Estate Bees, Nonprofit, Revenue
Each and every day, political campaigns send out fundraising requests via email and text messages. "It's an accepted part of fundraising that you're going to ruffle feathers," said one political consultant. Increasingly, consumers are drowning in a sea of spam messages and scams from political campaigns, and experts said it's not going to change anytime soon. And while they themselves said they get annoyed by the flood of spam messages, political campaigners said that annoying voters is simply part of the job. After the RNC repeatedly lobbied Google to drop its spam filter for political spam, the company briefly acquiesced before changing its mind after the 2022 midterm elections.
Persons: It's, , Michael Escobar, Escobar, he's, He's, I've, she's, it's, Josh Nelson, Rory McShane, McShane, " McShane, it'll, they've, Nelson, there've, Donald Trump's, Anne Mitchell, Mitchell, Nick Daggers, I'm Organizations: Service, Institute for Social Internet, RNC, Google, Telephone Consumer Protection, FCC, Democratic, GOP
The space plane is designed to then detach from the mothership, fire its rocket engine and swoop straight up with its two pilots at the controls. Virgin Galactic confirmed just before 12:30 p.m. The space plane then coasted back to a landing back at New Mexico’s Spaceport America. The SpaceShipOne technology was parlayed into a larger space plane design, called SpaceShipTwo, which Virgin Galactic still flies today. Virgin Orbit, a sister company to Virgin Galactic that is focused on launching satellites to space on a small rocket, filed for bankruptcy in April.
The flight, slated for late May, will carry two pilots and a crew of four Virgin Galactic employees, the company announced Monday. If all goes well, Virgin Galactic expects to begin commercial services out of its spaceport in New Mexico in late June. At the time Virgin Galactic went public in 2019, it had also been touting plans to start commercial service in 2020. They include two pilots — CJ Sturckow and Mike Masucci — as well as four Virgin Galactic employees who will ride in the passenger cabin. Virgin Orbit, a sister company to Virgin Galactic that is focused on launching satellites to space on a small rocket, filed for bankruptcy in April.
May 8 (Reuters) - Space-tourism company Virgin Galactic Holdings (SPCE.N) said on Monday that a four-member test flight will take place in May and that it aims to launch its first commercial flight in late June. Shares jumped 4% after the company said the May mission would be the final test of the spaceflight system and astronaut experience before it opens up for commercial services. After completing a lengthy upgrade for its centerpiece tourist spacecraft in February, Virgin Galactic re-opened ticket sales for spacecraft flights, setting the price at $450,000 per person with an initial deposit of $150,000. "Returning to space is what we have all worked towards," said Mike Moses, president of spaceline missions and safety. Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
REUTERS/Thomas White/IllustrationMUMBAI/NEW DELHI, April 3 (Reuters) - A surge in India's services exports, which hit a record high in the October-December quarter, is expected to shield the economy from external risks as a slowing global economy will likely weigh on the country's merchandise exports. Services exports will likely surpass goods exports by March 2025, he said. Reuters Graphics Reuters GraphicsIT services still accounted for 45% of India's total services exports in April-December. EXTERNAL SHIELDThe continued rise in services exports is likely to help rein in India's current account deficit. There is room for further growth with India's share in world commercial services exports currently just at around 4%."
New research suggests that AI image generators reflect racial and gender bias in their outputs. AI tool DALL-E 2 was found to link white men with 'CEO' or 'director' 97% of the time. The study found 97% of DALL-E 2's images of positions of authority — like "CEO" or "director" — depicted white men. These biases can have real-world consequences now that image companies are launching their own generative AI tools, per the researchers. Even though AI companies have made efforts to "debias" their tools, "they have yet to be extensively tested," Luccioni said.
[1/4] A tram driver walks at a tram storage facility during a nationwide strike called by the German trade union Verdi over a wage dispute, in Bonn, Germany, March 27, 2023. REUTERS/Jana Rodenbusch =March 27 (Reuters) - European countries are experiencing a wave of strikes and protests due to high energy prices, a wider rise in living costs, and in France an increase in the retirement age. * Employees are pressing for higher wages to blunt the effects of inflation, which reached 9.3% in February. BRITAIN* The British government is engaged in pay disputes across several sectors as workers demand higher wages to keep pace with surging inflation, with strikes in schools, on railways and in hospitals taking place on a regular basis. * Security staff at London's Heathrow Airport have voted to strike for 10 days, trade union Unite said.
LONDON, March 27 (Reuters) - More than 100,000 British civil and public servants will join another all-out strike on April 28, in a long-running dispute with the government over pay, pensions, redundancy terms and job security, Britain's Public and Commercial Services (PCS) union said on Monday. The union said 133,000 civil and public servants will take part in the April 28 strike, with workers in the Passport Office continuing on strike into early May. "It means civil and public servants will be taking strike action from today until the end of April, with workers in the Passport Office on strike for five weeks until May 6," the PCS union said in a statement. “Our members are not backing down in this dispute," PCS General Secretary Mark Serwotka said. Reporting by Muvija M; writing by Farouq Suleiman; editing by Mark Heinrich and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Thousands of UK civil servants to strike from April 11
  + stars: | 2023-03-24 | by ( ) www.reuters.com   time to read: 1 min
March 24 (Reuters) - More than 3,000 British civil servants across four government departments will strike from April 11 in a dispute over pay, pensions and job security, the Public and Commercial Services (PCS) union said on Friday. "They demand the government holds meaningful talks with us and puts some money on the table to give them a decent pay rise," PCS General Secretary Mark Serwotka said. The action will affect the Department of Environment, Food & Rural Affairs (Defra), Forestry Commission, Rural Payments Agency and Marine Management Organisation, the union added. Reporting by Radhika Anilkumar in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.
British passport officers to take five weeks of strike action
  + stars: | 2023-03-17 | by ( ) www.reuters.com   time to read: +2 min
LONDON, March 17 (Reuters) - Most of Britain's passport office workers will go on strike for five weeks starting next month in a pay dispute, potentially disrupting the delivery of passports ahead of the summer holiday period. Passport officers in Belfast, Northern Ireland could also strike if they vote in favour of walking out in a ballot that closes on Friday. The PCS union has demanded a 10% pay rise for civil servants as UK inflation is now running at just over 10%. Passport officers had previously rejected a 2% pay rise. The government's passport offices are the sole issuer of UK passports, issuing over 5 million of them each year, meaning any strike by officers working there will likely cause significant disruption to services.
A new generation of airships is taking to the skies
  + stars: | 2023-03-03 | by ( Rebecca Cairns | ) edition.cnn.com   time to read: +8 min
It’s an airship, and French aeronautics company Flying Whales hopes its hybrid-electric, helium-lift vessel will change the shape of sustainable transport. Flying Whales' airships, pictured here in a render, could access remote locations without roads, railways or airports. That’s why most companies, including Flying Whales and LTA Research, are using helium, which is non-flammable. Prentice is also the founder and president of BASI, a Manitoba-based company specializing in airships adapted for cold climates. Flying Whales expects to test its first airship at the end of 2025, with commercial operations beginning in 2027 once the airship is certified.
Persons: , Romain Schlack, Sergey Brin, It’s, Barry Prentice, Prentice, , Schlack Organizations: CNN, Flying Whales, ” Airship, Research, Google, LTA Research, Moffett, American Chemical Society, Asper School of Business, University of Manitoba, Prentice ., FAA, European Aviation Safety Agency, Libre de Bruxelles, Prentice, Companies, Akron Airdock, Vehicles, Air Vehicles Locations: San Francisco, California, Manitoba, Prentice . California, Belgium, Laruscade, Bordeaux, France, Ohio, San Francisco Bay, England, Quebec, Asia, Canada
HONG KONG, March 1 (Reuters) - Chinese regulators have eased some deadline pressure on multinational companies struggling to comply with new rules requiring them to seek approval to export user data, according to lawyers advising clients on the matter. In theory, global companies operating in China had until Wednesday, March 1 to submit extensive documentation that maps out their users' data flow as well as complete a security review and gain government approval. The rules were introduced in September by the Cyberspace Administration of China (CAC) to strengthen cyber and national security. The issue affects a wide range of global companies that need to share Chinese user data with overseas offices and how strictly data security is enforced in the future will determine how far businesses may have to go in "localising" their data. The CAC on Friday also issued separate data security rules that apply to organisations with smaller user bases.
You can get exclusive discounts at restaurants at several cities in the US with the Select World Elite Mastercard. The Select™ World Elite Mastercard® will confer membership to the Select community (among other benefits). Coming soon: Select World Elite MastercardThe Select World Elite Mastercard (currently taking waitlist applicants here) has opened its waitlist as of February 2, 2023. Credit card perksThe Select World Elite Mastercard comes with standard World Elite Mastercard benefits, including access to the World Elite Concierge, Mastercard Luxury Hotels and Resorts, and discounts with Lyft, DoorDash, and Fandango. What to know about the Select World Elite MastercardThe Select™ World Elite Mastercard® offers a benefit that you won't find on any other card — membership to the Select community, giving you exclusive access to various events, discounts on travel, and more.
The bill would require basic service levels to be maintained in the fire, ambulance and rail sectors in the event of walkouts. Strikes will affect around 23,400 schools, about 85%, in England and Wales, with many closed fully or partially. According to the union, pay for experienced teachers has declined by 23% since 2010 once inflation is taken into account. In a sign that industrial unrest could escalate further, UK firefighters have voted to strike for the first time since 2003. The Fire Brigades Union has given the government until February 9 to make an improved pay offer.
[1/5] Ambulance workers keep a fire going to keep warm outside their Waterloo station, amid a strike due to a dispute with the government over pay, in London, Britain January 11, 2023. REUTERS/Toby MelvilleLONDON, Jan 11 (Reuters) - Britain's Public and Commercial Services (PCS) union said on Wednesday 100,000 of its members across 124 government departments would take strike action on Feb. 1 in a dispute over pay, pensions and job security. Britain is experiencing a wave of strikes across sectors ranging from healthcare to railways, as pay rises fail to keep pace with double-digit inflation. Thousands of ambulance workers held a second day of strikes on Wednesday, while many schools in Scotland were closed by a teacher walk out. The PCS union has been carrying out a rolling programme of strikes across different government departments and other public sector bodies over the last month, which has included driving test examiners, border force staff and road traffic officers.
Saudi, Qatar ends higher as China scraps COVID curbs
  + stars: | 2023-01-08 | by ( Shamsuddin Mohd | ) www.reuters.com   time to read: +1 min
Jan 8 (Reuters) - The Saudi and Qatari stock markets finished higher on Sunday after China scrapped COVID curbs, bolstering expectations of a demand recovery in the world's second-largest economy, while Egypt and UAE markets were closed. Meanwhile world's top crude exporter, Saudi Arabia, lowered prices for the Arab light crude it sells to Asia to its lowest since November 2021 amid the global pressures hitting oil. Saudi Arabia's benchmark index (.TASI) edged up 0.1% led by a 2.6% jump in state-owned mining company Saudi Arabian Mining Co(Ma'aden) (1211.SE). The benchmark stock index in Qatar (.QSI) gained 1.4%, supported by its Industrial and financial stocks as petrochemical maker Industries Qatar (IQCD.QA) jumped 3.1% while lender Masraf Al Rayan (MARK.QA) was up 2.5%. ($1 = 3.6580 Qatar riyals)($1 = 3.7580 riyals)Reporting by Shamsuddin Mohd in Bengaluru, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
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