Month: February 2020

Wells Fargo will pay $3 billion in criminal and civil settlements with the Justice Department and the Securities and Exchange Commission over its fraudulent fake-account scandal, the U.S. Attorney’s Office said Friday. “This case illustrates a complete failure of leadership at multiple levels within the bank,” said U.S. Attorney Nick Hanna. “Simply put, Wells Fargo
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An interview with venture capitalist and founder of Baseline ventures, Steve Anderson. In this interview, Steve discusses his unique approach to venture capital and creating Baseline Ventures. Steve also talks about the benefits of being a contrarian and the value of education. Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us on twitter:http://bit.ly/TwitterIA Other great
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A Domino’s Pizza food delivery courier drives a moped away from a Domino’s Pizza store in Hanwell, London. Jason Alden| Bloomberg | Getty Images Domino’s Pizza on Thursday reported quarterly earnings and revenue that topped analysts’ expectations after strong U.S. sales, despite increased competition. Shares of the company soared 17% in premarket trading. Here’s what
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An interview with private equity titans Robert F. Smith, Leon Black, Bruce Flatt and Jonathan Sokoloff. In this interview, the gentlemen discuss their private equity investment strategies and how they archive high returns. They also talk about the fund raising environment and give their global outlook on private equity. Like if you enjoyed Subscribe for
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As the energy industry faces a time of reckoning — pressured by consistently low oil prices, high operating costs and a growing sustainable investing movement — oil and gas companies are increasingly turning to Silicon Valley for help streamlining operations and boosting efficiencies. By some estimates, the addressable market for digital oil and gas solutions
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Boston Beer Company co-founder Jim Koch defended its heavy investment in hard seltzer Thursday as shares fell after weak guidance and a per-share earnings miss. “Sometimes growth, it’s not cheap, particularly in something capital-intensive like beer,” Koch said on “Closing Bell.“ Hard seltzer, in particular, demands significant investment because “it’s the biggest thing that’s come
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A trader works at his post on the floor of the New York Stock Exchange, December 19, 2018. Brendan McDermid | Reuters Trying to time the market can be dangerous, but there are certain signals that the professionals look for when trying to gauge future risk in stocks which could be helpful for regular investors
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If you want to improve your financial know-how, there are plenty of opportunities to do so. From short online tutorials to extensive in-person bootcamps, the number of “Money 101” classes has ballooned since the Great Recession. And yet, when it comes to financial literacy, Americans are still falling far short. According to a survey by
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