EDF, IBM Warn UK of Shortages, Risks After Brexit, Mail Says

EDF, IBM Warn UK of Shortages, Risks After Brexit, Mail Says

An employee passes a map displaying water sources inside a hydroelectric power plant operated by Electricite de France SA (EDF), in Bort-les-Orgues, France. Photographer: Balint Porneczi/Bloomberg. Electricite de France SA is among companies warning the U.K. government about significant threats
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Uber's Self-Driving Vehicle Tests Have Been Suspended by Arizona's Governor

Arizona Gov. Doug Ducey has suspended Uber (uber) from testing its self-driving cars in Arizona following a fatal accident in the Phoenix suburb of Tempe earlier this month. The move by Ducey is notable for the governor, who is an advocate for fewer regulations in a bid to attract companies and
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Freddie Mac: Mortgage rates, home prices to continue growing in 2018

Freddie Mac expects mortgage rates and home prices to keep climbing in 2018, saying homeowners should see greater and greater equity. Although the housing market upswing is a plus for homeowners, Freddie Mac said in its monthly outlook for March that increasing home prices are making it
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Mastermind behind EUR 1 billion cyber bank robbery arrested in Spain

Since 2013, the cybercrime gang have attempted to attack banks, e-payment systems and financial institutions using pieces of malware they designed, known as Carbanak and Cobalt. The criminal operation has struck banks in more than 40 countries and has resulted in cumulative losses of over EUR 1
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BBVA-backed fintech launches global bank account

A new fintech backed by the Spanish bank BBVA aims to do something that others before it have failed to do: simplify international payments. The fintech, Denizen, claims it has created a “global banking platform” that allows customers to receive money in one country and pay it out in another
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MarketWatch Explores Delaying Social Security with a Reverse Mortgage

The strategy of delaying Social Security payments by taking out a reverse mortgage has attracted controversy in recent months, and a new report from MarketWatch finds that the answer is far from straightforward. Columnist Mark Hulbert talked to Jamie Hopkins, a professor at the American College of
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CoreLogic: House prices tracking population growth

From a housing market perspective, population growth can be regarded as a proxy for housing demand – more people means a larger requirement for dwellings. With this in mind, its interesting to note that the states where population growth is tracking substantially faster than the long term average
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How Banks Partner with Fintech for Digital Lending

Banks don't necessarily have to compete with fintech companies. By partnering instead, banks and fintech lending companies both benefit from a powerful synergy. Learn three main ways that banks can approach a fintech partnership with little upfront investment.
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FedEx is the latest Fortune 100 company to jump on the Tesla Semi bandwagon

FedEx is the latest in a string of Fortune 100 companies to hop on the Tesla Semi bandwagon. The delivery company on Monday announced its plan to purchase 20 Tesla Semi trucks once production begins in 2019. FedEx didn't specify which Tesla Semi models it might be interested in, but the base
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Brandywine Realty Trust (BDN) locked -10.90% below comparative SMA-200

After excavating more, stock analysis with performance of a well-known real estate investment trust – Brandywine Realty Trust (BDN), that has exposed a noticeable change in trend volumes of late. Meanwhile, BDN has a wider range of statistics for different time periods, instigating from Perf Week
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GMC Is Going After Jeep With a New Off-Road Line

With General Motors Co.'s militaristic off-road Hummer brand relegated to the dustbin of history in its 2009 bankruptcy, the Detroit automaker's going to use its GMC truck division to re-establish some trail credibility. GMC will offer AT4 branded off-road models for every vehicle in its lineup within two years
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Tucson Real Estate: Investors interest in apartments still strong

“This property met all of the buyers' investment criteria,” said Alon Shnitzer, senior managing partner with ABI Multifamily and lead broker for the buyer, Alpha Wave Investors. “Given Tucson's job and population growth … and significant lack of new construction, the city has and will continue to be in high
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Charting The Adoption Of Direct Startup Investments By Family Offices

Or, outside of tech, they would invest in public-market equities, real estate, fixed income, or other “alternative” asset classes besides VC, PE, and hedge funds, according to a 2017 article about ultra HNW investors' portfolios from KKR. Increasingly, however, family offices are investing more into
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China Asks US to Offset Trade Loss Due to Metal Tariffs

China asked the U.S. to provide compensation for lost trade due to President Donald Trump's proposed tariffs on steel and aluminum, in a preliminary step that could lead to a dispute between the two nations at the World Trade Organization. In two filings with the WTO on Monday, China dismissed the
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The S&P 500 Comes Roaring Back From the Brink

… get a first look at the benefit from his tax cuts. Analysts expect S&P 500 companies to show a 17 percent jump in first-quarter profits, estimates compiled by Bloomberg show. … Parker, head of U.S. equity strategy at UBS. “Our view remains that equity allocations will drift higher toward last cycle levels.”
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BC tweaks speculation tax to protect locals with vacation homes

“For those people who have second or third properties, who are gaining from the increasing housing prices, I say, put it on the market,” she said. “Put the house for rent. Add to the vacancy rate. Support people in your community. Don't hollow out neighbourhoods leave vacant properties. That doesn't
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BC makes changes to housing tax, tries to target urban areas

She says people in smaller communities and those with cottages will not pay the tax. “People with second homes outside of high-cost, designated urban areas will not pay the tax. We are going after speculators who are clearly taking advantage of the market, leaving homes vacant and driving up prices.”.
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Company sells Calif. town it planned to make marijuana mecca

LOS ANGELES (AP) — Could plans to turn an old California ghost town into a marijuana mecca be going up in smoke? Cannabis technology company American Green, which bought Nipton for $5 million last year, has sold it to another company for $7.7 million, acknowledging it struggled to raise the
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SBS Suspends Trading Of Its Preferred Stock

As a result, the company says, “there are genuine questions regarding valid ownership, or good title, to these shares.” As a result, SBS on Monday requested that The Depository Trust Company suspend trading in the Series B Preferred Stock “pending the resolution of who validly owns these shares”
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New Zealand banks eke out sub-1 per cent lending growth

New Zealand banks managed a combined 0.9 per cent increase in lending in the fourth quarter, a period when operating expenses and impaired asset charge … The nine biggest registered banks had $401.65 billion of lending, up from $398b three months earlier, according to KPMG's quarterly financial
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