KRTL BioTech

Latest News on private equity markets

New parents can take penalty-free early withdrawals from retirement savings, but it will increase your taxable income

When Congress passed the Secure Act last month, it added one more reason — new parenthood —for when individuals under age 59½ can take penalty-free withdrawals from retirement savings. But it may not be the wisest strategy.

5 years ago

Wall Street opens lower on rising Middle East tensions

U.S. stocks opened lower on Monday as escalating tensions between the United States and Iran encouraged investors to seek refuge in safer assets such as gold and government bonds.



5 years ago

The economics of unused gift cards

The Hustle | Zachary Crockett | Jan 4, 2020 Every year, Americans spend billions of dollars on gift cards. But what happens to the money when the cards aren’t redeemed? The most desired item on wish lists this past holiday season wasn’t a pair of Airpods, a Nintendo Switch, or a Baby Yoda plush toy.

5 years ago

Amazon to showcase its transportation drive at world's largest tech show

From making cars talk using Alexa's voice to managing data from factories full of robots, Amazon.com Inc wants a big piece of the action in transportation, and next week at CES will unveil more about its strategy to achieve that goal than ever before.



5 years ago

Renault hires former PSA research chief

French car marker Renault said has hired former PSA research and development chief Gilles Le Borgne as head of engineering.



5 years ago

SEC Proposes to Update Accredited Investor Definition to Increase Access to Investments

SEC | Release | Dec 18, 2019 The proposal would expand the definition of accredited investor and increase retail access to private markets Washington D.C., Dec. 18, 2019 — The Securities and Exchange Commission voted to propose amendments to the definition of accredited investor, one of the principal tests for who is eligible to participate

5 years ago

Defense stocks double the S&P 500's return six months after Middle East turmoil, history shows

Defense stocks like Raytheon have been rising amid heightened tensions between the U.S. and Iran. History says they will continue to climb in coming months.

5 years ago

The Clearing House Releases Model Agreement For Sharing Financial Data

McCarthy Tetrault | Domenic Presta | Dec 3, 2019 On November 12, 2019, The Clearing House (TCH) released a Model Agreement as part of TCH’s Connected Banking Initiative. The Model Agreement is intended to be used as the basis for data sharing agreements between banks and Fintechs. TCH is a U.S. based entity that is

5 years ago

Wall Street rattled by Middle East tensions, energy shares jump

U.S. stocks fell for a second session on Monday, led by financial and technology stocks, as escalating tensions between the United States and Iran pushed investors toward safe-haven assets such as gold and government bonds.



5 years ago

Premium cigar makers could catch a break from the FDA as White House applies pressure

Handrolled cigar-makers and importers are facing a May deadline that requires all new tobacco products to obtain regulatory clearance from the FDA. But the mom-and-pop shops that dominate the premium cigar industry say compliance costs would effectively put them out of business.

5 years ago

EU rules to boost European crowdfunding, platforms agreed

European Parliament | Dorota Kolinska | Dec 19, 2019 A single set of rules will apply to crowdfunding services in the EU, up to EUR 5 000 000  Strict rules to protect investors from financial losses  Member states responsible for authorising and supervising crowdfunding providers  EP negotiating team reached a deal with the Council on

5 years ago

Aeromexico reaches compensation deal with Boeing over MAX crisis

Mexican airline Aeromexico said on Monday it had reached a compensation deal with Boeing Co related to the grounding of the planemaker's 737 MAX aircraft, joining a growing list of global airlines settling with the U.S. company.



5 years ago

Oil tops $70 as Iran and Trump trade threats

Oil prices jumped by about 1% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a U.S. air strike killed a top Iranian military commander.



5 years ago

Mexico's Aeromexico reaches compensation agreement with Boeing on MAX crisis

Mexican airline Aeromexico said on Monday it had reached a compensation agreement with Boeing Co in relation to the temporary grounding of the planemaker's 737 MAX aircraft.



5 years ago

Social Security benefits narrow the wealth gap. But it's not enough to keep low-wage earner out of poverty in retirement

New research from The New School Schwartz Center for Economic Policy Analysis shows that Social Security retirement benefits help narrow the gap between the haves and have nots. But it's not enough to prevent some workers from facing poverty in retirement.

5 years ago