Military veterans often possess skills that can fortify a financial technology company’s workforce, which is why PayPal has committed to hiring former service members, Chief Financial Officer John Rainey told CNBC Tuesday. Since 2017, PayPal has added more than 180 veterans to its payroll in large part from the help of partnerships with organizations, such
Month: November 2019
China’s Tencent Music Entertainment reported better-than-expected third-quarter revenue on Monday, as the streaming company added more paying users. However, it recorded the slowest rise in a widely watched metric for its biggest business, social entertainment services, which executives attributed to growing competition. Tencent Music’s U.S.-listed shares rose as much as 2% before trading down about
A JD delivery cart stops at roadside. Zhang Peng | LightRocket | Getty Images BEIJING – Alibaba, JD.com and Pinduoduo. For these three forces of China‘s online shopping market, winning the race to tap the country’s fastest-growing regions will depend largely on an efficient delivery strategy. China’s largest cities rival global metropolises in the variety
Traders work during the opening bell at the New York Stock Exchange (NYSE) on October 2, 2019 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images A majority of the most wealthy investors around the world are bracing for a big sell-off next year, according to a UBS survey. Fifty-five
Thanksgiving may still be a few weeks away, but for millions of Americans, the holiday shopping rush has already begun. While it’s exciting to pick out and present gifts to your loved ones, it can also be a budget-straining experience, or even one that lands the spender dealing with debt well into the new year
By Fred Riccardi, Medicare Rights Center President and Next Avenue Contributor Getty Beginning this year and continuing into 2020, Medicare Advantage plans (ones from private insurers) have increased flexibility to provide coverage for what the government calls supplemental benefits. These are services otherwise excluded by law from what’s known as Original Medicare coverage. And Medicare
Getty Winston Shrout has been apprehended. The former fugitive and tax fraud promoter had been on the run from law enforcement for months, but he was caught in Arizona this month by the U.S. Marshals Service. Shrout, 70, was convicted in April 2017 on six misdemeanor counts of willful failure to file tax returns and 13
Whenever I tell new real estate investors that I lost most of my properties and all of my cash in the market crash of 2007, they don’t say they are relieved that it wasn’t them, but I can see it in their eyes. Those same new investors grow perplexed then when I tell them that
Smartsheet: “I’ve been doing the work on this piece for a while about all the too many cloud-based companies. That comes down to the too many cloud-based companies. I’m sorry, I have to put it there.” Kirkland Lake Gold: “Well that’s an odd one because I do prefer Agnico Eagle … or I prefer Barrick,
A sold sign stands outside a new home in the D.R. Horton Cambridge at Southbury development in Oswego, Illinois. Daniel Acker | Bloomberg | Getty Images D.R. Horton beat Wall Street estimates for quarterly profit and forecast 2020 home sales above estimates on Tuesday, as the No. 1 U.S. homebuilder benefits from strong demand on
Brendan McDermid | Reuters Check out the companies making headlines after the bell: Shares of 2U Inc. surged more than 15% during extended trading after the cloud-based software company reported third-quarter earnings and updated its full-year revenue and net loss outlook. 2U expects revenue between $570 million and $575 million for the year, narrower than
Personal computer pioneer Michael Dell on Tuesday defended free market capitalism as the most effective system to drive entrepreneurship and jobs. “If you look at the number of jobs that have been created by the free enterprise system, this is the best thing going,” the Dell Technologies founder said in a “Squawk Box” interview. “We
Netflix has a dominant position in the streaming wars but, while analysts believe the steadily increasing number of well-funded competing services will take a bite out of the company’s advantage, most do not expect Netflix will lose many subscribers. “Netflix is likely to see some incremental churn from new competition – but it should be
Shaun Wilkinson | iStock | Getty Images Plus For recent college graduates, the approach of December brings a dose of harsh reality. Federal student loans, which make up the bulk of student debt, generally have a six-month grace period after graduation to give borrowers time to get on their feet before they have to start
Getty Financial exploitation of older Americans seems to be getting worse. The Treasury Department reported a 17% increase in the number of cases in 2017 vs. 2016, the latest figures available. And the Center for Financial Services Innovation says at least 20% of older adults have been victims of elder financial fraud. But there’s one
Share to facebook Share to twitter Share to linkedin The investigation finds that recruiting Tesla comes at a price. David Calvert/The Washington Post via Getty Images Topline: While states often compete to attract thousands of new tech jobs, a USA Today investigation uncovered a host of issues—from workplace injuries to housing shortages—at Tesla’s Nevada Gigafactory
Owning and maintaining beachfront property has always come with a different set of considerations than inland homes. For starters, beachfront properties require mandatory flood insurance and often have higher property taxes and management costs. These additional expenses are well worth it for many homebuyers. The positive effects of coastal living are backed by science .
Boeing 737 MAX airplanes are stored in an area adjacent to Boeing Field, on June 27, 2019 in Seattle, Washington. Stephen Brashear | Getty Images Boeing orders continued to slow last month as the manufacturer, hamstrung by the grounding of its best-selling 737 Max after two fatal crashes, handed a bigger lead over to its
Tyson Foods’ frozen chicken products. Daniel Acker | Bloomberg | Getty Images Tyson Foods fell short of Wall Street estimates for quarterly sales on Tuesday, as the No.1 meat processor in the United States was hit by weakness in its beef business, its biggest segment, due to a drop in cattle processing capacity. Shares of
The S&P 500 is having its best year since 2013. But one widely used strategy will likely block investors from profiting from the market’s record strength going forward, according to Crossmark Global Investments’ Victoria Fernandez. The firm’s chief market strategist, who has $5 billion in assets under management, is advising investors to avoid picking S&P
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