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Societe Generale reportedly plans to cut thousands of jobs at investment bank
French bank Societe Generale is planning to cut thousands of jobs at its global banking and investor solutions unit, as it looks to offset cost pressure from regulation...
1 day ago - CNBC
Shares in a mysterious Hong Kong investment company have jumped 8500% in 5 years, and no one really knows why
Investors in Hong Kong are baffled by the wild success of the share price of a loss-making investment firm in the city state, which has seen its stock increase by close to...
1 day ago - Business Insider - 2 articles
Societe General plans to cut thousands of jobs at investment bank: Bloomberg
French bank Societe General SA is planning to cut thousands of jobs at its global banking and investor solutions unit, as it looks to offset cost pressure from regulation...
1 day ago - Reuters
Freight startup Flexport just nabbed $1 billion through a SoftBank-led funding round, and it's now worth $3.2 billion
Freight forwarder Flexport is now valued at $3.2 billion. That's after a $1 billion investment round led by the SoftBank Vision Fund. Founded in 2013, Flexport is already the...
2 days ago - Business Insider - 2 articles
Zillow's CEO is out
Zillow shares fell in after-hours trading Thursday after the company said CEO Spencer Rascoff was leaving his post. Rascoff will remain on the board of directors. The...
2 days ago - Business Insider - 6 articles
What are the Levels Saying About SPDR Bloomberg Barclays Corp Bd ETF ? 20 Day Lower Keltner at 30.896242
When the stock market starts to get volatile, investors might start getting worried about their investments. The natural response is to do something about it and take some...
2 days ago - Wall Street - 7 articles
Report: Delta, EasyJet may invest over $400 million in struggling Italian airline
Struggling Italian airline Alitalia SpA is in talks with Delta Air Lines and EasyJet to draft a rescue plan and explore investment options. Bloomberg reports the Atlanta-based...
3 days ago - Biz Journals
The Corporate Subprime Bubble
Bloomberg has an editorial addressing the growing bubble in subprime corporate debt. Here's a sample: The U.S. is back in risk-taking mode. This time around, the problem is...
3 days ago - Crossing Wall Street
“An Unavoidable Global Recession”: The Warnings Get Louder As Worldwide Economic Numbers Continue To Deteriorate
Economic numbers all over the world continue to get worse, and as you will see below, even New York Times columnist Paul Krugman is now warning of “an unavoidable global...
4 days ago - The Economic Collapse
Tuesday: NAHB homebuilder survey
Weekend: • Schedule for Week of February 17, 2019 Tuesday: • 10:00 AM, The February NAHB homebuilder survey. The consensus is for a reading of 59, up from 58. Any number above...
4 days ago - Calculated Risk
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Here are Warren Buffett's 15 biggest investments
Warren Buffett's annual letter was released Saturday. In it he listed Berkshire Hathaway's 15 biggest investments by market value. Watch Berkshire Hathaway trade live . Warren...
Venezuelan Troops Fire Tear Gas At Protesters As Maduro Closes Colombian Border
President Nicolas Maduro closed the border to stop the opposition bringing U.S. humanitarian aid into Venezuela.
Warren Buffett bashes gold, says the 'magical metal was no match for the...
Warren Buffett isn't a fan of gold. In his annual letter out Saturday, Buffett gave an example showing why stocks are a better investment than gold over the long run. This...
Here are the biggest takeaways from Warren Buffett's annual letter
Warren Buffett, the chairman and CEO of Berkshire Hathaway, released his annual letter to shareholders on Saturday. Buffett discussed items like his plans to repurchase the...
6 unexpected tax breaks you can claim on your tax return
There are several legitimate ways to pay less taxes . Tax deductions reduce your taxable income, while tax credits lower your tax bill. A few of the most under-the-radar tax...
These 3 people have cracked the code to making major profits while working...
Some people have said they've been able to make thousands of dollars by working a few hours per week instead of working a more standard salaried job. Personal finance blogger...
Fannie and Freddie: Combined REO inventory declined in Q4, Down 21%...
Fannie and Freddie reported results for Q4 2018. Here is some information on Real Estate Owned . Freddie Mac reported the number of REO declined to 7,100 at the end of Q4 2018...
MoviePass laid off its entire business development team, as the company...
The 3-person business development team at MoviePass was laid off on Thursday, multiple sources told Business Insider. This is the latest in a string of departures at the...
'Stoned on free money': Wall Street is cautioning investors to beware of...
Market strategists and economists are advising clients on how to invest at a late stage in the economic cycle as recession concerns loom. Bank of America Merrill Lynch's latest...
United is doubling down on its business class offerings - and that could be...
United is slowly adding to its fleet of business class cabins and lounges. The premium upgrade market is huge, and selling more to these customers could be good news for...