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PG&E failed to inspect transmission lines that caused deadly 2018 wildfire: state probe

Bankrupt California power producer PG&E Corp did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people in 2018, a probe by a state regulator has concluded.



4 years ago

How much you should donate on Giving Tuesday (and other money-smart tips)

Charitable donations generally kick into high gear on Giving Tuesday – here's how to maximize your contributions.

4 years ago

Alibaba raises further $1.7 billion in over-allotted shares in HK listing

Chinese e-commerce giant Alibaba said on Tuesday it has raised an additional HK$13.17 billion ($1.68 billion) by exercising the over-allotment option in its Hong Kong secondary listing.



4 years ago

Nokia to name former networks head Sari Baldauf as chairman

Finnish telecoms equipment maker Nokia said on Tuesday its board would name Sari Baldauf to succeed Risto Siilasmaa as board chairman at the next annual shareholders meeting.



4 years ago
4 years ago

When life deals a horrific blow, here's what you can do to soften the impact

Serious illness or sudden death can knock your family for a financial loop.

4 years ago

Oil falls as Trump says China trade deal could be delayed

Oil prices fell on Tuesday after U.S. President Donald Trump said that a trade deal with China could be delayed until after the next U.S. presidential election, though losses were capped by expectations for deeper output cuts from OPEC and its allies.



4 years ago

New Netflix analyst on Wall Street says stock could fall 15% if its forced to spend more on content

Citi transferred coverage of Netflix to an analyst with a neutral rating and a $325 per share price target.

4 years ago

Explainer: Macron's quest for an international tax on digital services

The United States has threatened punitive duties of up to 100% on $2.4 billion in imports from France of champagne, handbags, cheese and other products, after concluding that France's new digital services tax would harm U.S. technology companies.



4 years ago

Shifting from Institutions to Retail Clients — NYSE direct listings

Future of Finance | Lex Sokolin | Dec 2, 2019 A core thesis I've held for a decade now is that personal finance -- what many in the industry call "end clients" -- is the tail wagging the dog. If you are a multi-billion dollar portfolio manager at KKR, or a multi-million dollar trader at

4 years ago

Nokia plans to appoint former networks head Sari Baldauf as chairman

Telecoms equipment maker Nokia announced on Tuesday that it plans to appoint its former networks chief Sari Baldauf as chairman, succeeding Risto Siilasmaa who will step down after eight years in the job.



4 years ago

Fear of expanding trade war sinks global equities; bonds rally

Signs that a deal to end the trade war between the United States and China might not come until after the November 2020 elections weighed on global equity markets Tuesday as investors sought out the perceived safety of bonds.



4 years ago

Bridgewater's co-CEO Eileen Murray is leaving the world's largest hedge fund

Eileen Murray, co-CEO of the world's largest hedge fund, Bridgewater, is leaving to pursue "the next chapter in her career."

4 years ago

We will work it out: Trump calls trade dispute with France "minor"

U.S. President Donald Trump said on Tuesday he was sure "a minor dispute" with France on trade could be worked out after he threatened to impose duties of up to 100% on imports of champagne, handbags and other French products.



4 years ago

The 5 Debates That Will Shape Fintech In The 2020s

Forbes | Ron Shevlin | Dec 2, 2019 OBSERVATIONS FROM THE FINTECH SNARK TANK It’s that time of the year when banking industry pundits turn their thoughts to the top trends of the upcoming year. I’d like to take a different tact and posit the top debates the industry will wrestle with in the coming

4 years ago