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Crowdfunding Your Workplace

Crowdfunding Your Workplace

Guest Post | May 27, 2020 As real estate prices keep rising, the practice of crowdfunding your workplace — especially if you're independently funded — has never been more critical. When you crowdfund your workplace, you preserve your independence while also giving your workers and all interested stakeholders a better opportunity to mobilize and commit

6 years ago
SoFi CEO says investor accounts have doubled in 2020, with 40% of stock trading in fractional shares

SoFi CEO says investor accounts have doubled in 2020, with 40% of stock trading in fractional shares

"There are some people that need to build for the future, and they're choosing to invest during these trying times now that they have more time to be home and be more thoughtful about investing," SoFi CEO Anthony Noto told CNBC.

6 years ago
U.S. economic activity fell sharply due to coronavirus disruptions, Fed says

U.S. economic activity fell sharply due to coronavirus disruptions, Fed says

Economic activity declined sharply across the United States over the past several weeks, according to a Federal Reserve report released on Wednesday, reflecting the disruptions caused by the coronavirus pandemic.



6 years ago
U.S. mortgage applications rise for sixth straight week

U.S. mortgage applications rise for sixth straight week

U.S. applications for home mortgages jumped last week, in a sixth straight weekly increase, suggesting the housing market could lead the economy's recovery from the novel coronavirus crisis even as high unemployment is expected to linger.



6 years ago
23 U.S. states sue Trump administration over fuel efficiency rollback

23 U.S. states sue Trump administration over fuel efficiency rollback

A group of 23 U.S. states led by California, the District of Columbia and four major cities are filing suit Wednesday to challenge a Trump administration decision to weaken Obama administration fuel efficiency standards.



6 years ago
Nissan Motor to close Barcelona plant: El Pais

Nissan Motor to close Barcelona plant: El Pais

Japan's Nissan Motor Co will close its factory in Barcelona, resulting in the loss of about 2,800 jobs, Spanish newspaper El Pais reported, citing government and union sources.



6 years ago
Dollar treads water against euro; yuan sinks on U.S.-China tensions

Dollar treads water against euro; yuan sinks on U.S.-China tensions

The dollar steadied against the euro on Wednesday even as the common currency remained supported by news of a proposal for an economic recovery package to help the euro zone region recover from the coronavirus pandemic.



6 years ago
Billionaire Icahn exits Hertz with 'significant' loss after bankruptcy filing

Billionaire Icahn exits Hertz with 'significant' loss after bankruptcy filing

Billionaire investor Carl Icahn, who was the largest shareholder in Hertz Global Holdings Inc, unloaded his entire stake in the rental car company at a "significant loss" days after it filed for bankruptcy protection.



6 years ago
Huawei CFO Meng loses key court argument in fight against extradition to United States

Huawei CFO Meng loses key court argument in fight against extradition to United States

Huawei's Chief Financial Officer Meng Wanzhou has lost a key aspect of the trial on her extradition to the United States, a Canadian court announced on Wednesday.



6 years ago
U.S. states sue Trump administration over fuel efficiency rollback

U.S. states sue Trump administration over fuel efficiency rollback

A group of 23 U.S. states and the District of Columbia filed a lawsuit on Wednesday challenging a Trump administration decision to weaken Obama-era fuel efficiency standards.



6 years ago
Ferragamo calls back Norsa to help weather COVID storm

Ferragamo calls back Norsa to help weather COVID storm

Italian luxury group Salvatore Ferragamo has called back former CEO Michele Norsa as executive director to help management revamp the brand and weather the COVID-19 storm.



6 years ago
Edtech’s biggest threat? Kids

Edtech’s biggest threat? Kids

Sifted | Tim Smith | May 26, 2020 As coronavirus has forced classrooms around the world to move online, kids are getting creative in trying to sabotage lessons Georgina Farnham, a Barcelona-based English literature and language teacher, was just getting used to the transition to online teaching when, one day, she thought the internet trolls

6 years ago
American Airlines says to cut management and support staff by 30%

American Airlines says to cut management and support staff by 30%

American Airlines Group Inc must reduce its management and support staff by about 30% as it moves to run a smaller airline due to the coronavirus pandemic, according to a letter to employees made public on Wednesday.



6 years ago
S&P 500 rises on boost from bank shares

S&P 500 rises on boost from bank shares

The S&P 500 edged higher in choppy trading on Wednesday as optimism over a pick up in business activity helped offset worries over simmering U.S.-China tensions, although gains were capped by losses in technology stocks.



6 years ago
Exclusive: Chevron to cut up to 15% of staff amid restructuring

Exclusive: Chevron to cut up to 15% of staff amid restructuring

Chevron Corp will cut 10% to 15% of its worldwide workforce as part of an ongoing restructuring at the second-largest U.S. oil producer.



6 years ago