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PNC Launches A Fintech Startup Inside The Bank

Forbes | Tom Groenfeldt | Sep 3, 2019 Banking incubators come in all sorts of flavors — often a program to attract outside companies and offer them mentors and perhaps some financial sponsorship for a set period working at the bank or virtually. PNC has created a startup program, numo, that functions as an internal

5 years ago

Burger King to roll out Marfrig veggie burgers nationwide in Brazil in Nov

Burger King restaurants in Brazil will begin selling plant-based burgers developed by meatpacker Marfrig Global Foods SA in Sao Paulo city on Sept. 10, with a countrywide launch set for November, Marfrig said in a statement on Tuesday.



5 years ago

Executive's flight to PSA highlights Renault-Nissan tensions

A senior Renault-Nissan executive has quit the troubled carmaking alliance to join Peugeot maker PSA Group , blaming Renault boss Thierry Bollore for forcing his exit.



5 years ago

Oil sinks as manufacturing reports renew global economy worries

Oil prices fell on Tuesday, with U.S. crude futures down more than 3%, weighed by manufacturing data that raised concerns about a weakening global economy, while the U.S.-China trade dispute continued to drag on investor sentiment.



5 years ago

There's also a gender gap when it comes to financial security

Americans — especially women — are feeling less confident about their finances today than they were just a few months ago.

5 years ago

Weak factory data, trade frictions pull Wall Street lower

U.S. stocks fell on Tuesday as data showed factory activity contracted for the first time since 2016 in August, renewing fears that a drawn-out trade war between the United States and China could tip the world's largest economy into recession.



5 years ago

Crowdfunding campaign raises $3 million to protect Princess Louisa Inlet property

CBC News | Sep 3, 2019 The fundraising campaign to buy a swath of remote coastal wilderness on the Sunshine Coast has been a success. The B.C. Parks Foundation, an independent charity that works with B.C. Parks, was able to raise $3 million to buy 800 hectares in Princess Louisa Inlet from a private seller. The

5 years ago

Wall St. dips, dollar climbs on weak factory data, trade jitters

Wall Street lost ground and the U.S. dollar strengthened to its highest level in more than two years on Tuesday as trade worries persisted and U.S. factory activity entered contraction territory for the first time since February 2016.



5 years ago

Goldman's Marty Chavez, who helped transform the investment bank, is leaving

The move comes a year after Chavez's long ascent at Goldman appeared to stall.

5 years ago

Morgan Stanley: Investors should short growth stocks, get defensive as 'recession fears emerge'

Morgan Stanley is advising clients to dump growth stocks and buy defensive names, saying "demand destructive" tariffs are fanning recession fears.

5 years ago

Plunging bond yields have lifted these two stock sectors to record levels

The real estate and utilities sectors are hovering at record levels thanks to the current low interest rate environment.

5 years ago

Burger King to launch meatless 'Rebel Whopper' in Brazil

Burger King will launch a plant-based burger imitating meat called the "Rebel Whopper" in Brazil in November, the company said on Tuesday, amid an international rush for mass-market chains to cater to vegetarian and vegan diners.



5 years ago

NTSB says Autopilot engaged in 2018 California Tesla crash

The National Transportation Safety Board said Tuesday a Tesla Model S was in Autopilot mode when it struck a fire truck in Culver City, California -- one of a series of crashes the board is investigating involving Tesla's driver assistance system.



5 years ago

Austria's AMS makes $4.8 billion counterbid for Germany's Osram

Austrian sensor specialist AMS made a 4.3 billion euro($4.8 billion) counter-offer for larger German lighting group Osram on Tuesday, raising the prospect of a bidding war with private equity duo Bain Capital and Carlyle .



5 years ago

Consumer watchdog agency shows one way to help improve your savings

Research from the Consumer Financial Protection Bureau and H&R Block suggests consumers might save more of their tax refunds if they receive encouragement or a small financial incentive.

5 years ago