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
See Original Article
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
See Original Article
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
See Original Article
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
See Original Article
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 âglobal banking platformâ that allows customers to receive money in one country and pay it out in another
See Original Article
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
See Original Article
From a housing market perspective, population growth can be regarded as a proxy for housing demand â 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
See Original Article
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.
See Original Article
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
See Original Article
After excavating more, stock analysis with performance of a well-known real estate investment trust â 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
See Original Article
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
See Original Article
âThis property met all of the buyers' investment criteria,â said Alon Shnitzer, senior managing partner with ABI Multifamily and lead broker for the buyer, Alpha Wave Investors. âGiven Tucson's job and population growth ⦠and significant lack of new construction, the city has and will continue to be in high
See Original Article
Or, outside of tech, they would invest in public-market equities, real estate, fixed income, or other âalternativeâ 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
See Original Article
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
See Original Article
… 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. âOur view remains that equity allocations will drift higher toward last cycle levels.â
See Original Article
“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
See Original Article
She says people in smaller communities and those with cottages will not pay the tax. âPeople 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.â.
See Original Article
LOS ANGELES (AP) â 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
See Original Article
As a result, the company says, âthere are genuine questions regarding valid ownership, or good title, to these shares.â As a result, SBS on Monday requested that The Depository Trust Company suspend trading in the Series B Preferred Stock âpending the resolution of who validly owns these sharesâ
See Original Article
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
See Original Article