Business News
Goldman Sachs CEO David Solomon wants more face time; job cuts are back at Bank of America
Business Insider - 27 Feb 2021 14:00Warren Buffett warned that 'hot' stocks fade, joked about his age, and celebrated America in his annual letter. Here are the 10 best quotes.
Business Insider - 27 Feb 2021 18:03
"Eventually the party ends, and many business 'emperors' are found to have no clothes," the billionaire investor and Berkshire Hathaway CEO said.
Fidelity's Charitable Arm Wins in Hedge-Fund Founders' Lawsuit
Wall Street Journal - 27 Feb 2021 04:04Facebook privacy settlement gets final approval. Nearly 1.6 million Illinois users will 'expeditiously' get at least $345.
Chicago Tribune - 27 Feb 2021 03:28
A California federal judge issued final approval Friday in a $650 million Facebook class action privacy settlement, with an order to get at least $345 to each of nearly 1.6 million Illinois class members "as expeditiousl...
Spanish Bittrex Customer Says Exchange 'Allowed' Theft of His Bitcoin
Crypto News - 27 Feb 2021 03:00
A Spanish court has given the Tenerife police permission to look into the case of an alleged Bittrex customer who claims the crypto exchange is at fault in the case of the "theft" of around USD 62,000 worth of bitcoin (B...
Explainer: Why rising rates are unsettling Wall Street
New York Post - 27 Feb 2021 02:51
Yes, it's possible to have too much of a good thing, and that's exactly why stock markets around the world are getting so unsettled. Optimism for an economic revival is surging following a year of coronavirus-induced mis...
Capitol Report: $1.9 trillion coronavirus aid package set to clear House late tonight
Market Watch - 27 Feb 2021 01:23
House Democrats hope to clear President Joe Biden's $1.9 trillion economic package late today and send it on to the Senate, where it will face some changes.
The Blast Ring By Beirut Jeweler Nada Ghazal Tells A Story Of Resilience
Forbes - 27 Feb 2021 16:24The Tell: With lower returns on the horizon, public pensions will turn to riskier assets, Moody's says
Market Watch - 27 Feb 2021 16:04
State and local government pension systems are increasingly dependent on investment returns, which will drive volatility risk, as funding levels remain depressed and systems increasingly start to pay out more than they t...
Why Is Cancelling Student Loans Important To You?
Forbes - 27 Feb 2021 16:00The White House is beginning to look past recreational marijuana use to fill key Biden administration roles
Business Insider - 27 Feb 2021 15:57The bond market is in rebellion over Biden's stimulus - but not because it would be bad for the economy
Business Insider - 27 Feb 2021 15:55Berkshire Hathaway's Earnings Slowed Last Year
The New York Times - 27 Feb 2021 15:52
But its results were bolstered by a soaring stock market in the fourth quarter, Warren Buffett said in his annual letter to investors.
Warren Buffett's Berkshire Hathaway Sees Profit Rise 23%
Wall Street Journal - 27 Feb 2021 15:33
The conglomerate's fourth-quarter profits rose to $35.8 billion on the back of a soaring stock market.
Bitcoin staged an epic rally in February. Here is a look back at its record-setting month.
Business Insider - 27 Feb 2021 15:31
Bitcoin had an epic run throughout February. Insider takes a look back at a historic rally in the world's most popular cryptocurrency.
San Francisco's school renaming debacle is a timely mix of confused priorities and bad 'facts'
Business Insider - 27 Feb 2021 15:28
San Francisco's school board used inaccurate history to rename schools that haven't even been open in a year.
This Fund Crushes ETFs And Pays 7.1%
Forbes - 27 Feb 2021 14:40Crypto Exchanges Scale, But Outages Likely To Remain A Fact Of Life
Crypto News - 27 Feb 2021 14:00
Exchanges have been the epicenter of the recent crypto bull market, facilitating the surge of bitcoin (BTC) and other coins towards new all-time highs. However, while they have almost certainly profited from the record p...
Fidelity's Charitable Arm Wins in Hedge-Fund Founders' Lawsuit
Wall Street Journal - 27 Feb 2021 04:04
Malcolm and Emily Fairbairn failed to prove their allegations that Fidelity broke its promises or engaged in negligent trading, a U.S. magistrate judge ruled on Friday.
NYSE Moves to Delist Chinese Oil Company
Wall Street Journal - 27 Feb 2021 01:48
Trading in Cnooc Ltd. will be halted March 9 as the Biden administration lets a Trump-era executive order targeting certain Chinese firms stand.