Crowdfund Insider | JD Alois | Oct 15, 2019 Last week, Crowdfund Insider reported on the Securities and Exchange Commission (SEC) enforcement action against Telegram and the issuance of Gram tokens. The move by the SEC is a doozy and telling. First, Telegram sold about $1.7 billion in a SAFT (simple agreement for future tokens)
Wall Street was off to a strong start on Tuesday as upbeat earnings reports from JPMorgan Chase, UnitedHealth and Johnson & Johnson allayed concerns about the fallout from a prolonged U.S.-China trade war on corporate America.
HSBC Holdings has hired U.S. investment bank Lazard Ltd to sell its French retail business, a source close to the matter told Reuters, as part of a plan by new interim chief executive Noel Quinn to reduce costs across the banking group.
Student loan lender Sallie Mae is offering three new credit cards geared toward college students and recent graduates. As with any card, it's important to read the fine print.
General Motors Co Chief Executive Mary Barra and President Mark Reuss took part in contract talks with the United Auto Workers union on Tuesday, in a sign that a 30-day strike of 48,000 U.S. hourly workers could be nearing an end, two people briefed on the matter said on Tuesday.
Electric bike-sharing startup Wheels said it has raised more than $50 million in its latest funding round led by venture capital firm DBL partners, as the company looks to expand into the U.S. and international markets.
U.S.-listed white goods maker Whirlpool Corp said on Tuesday it would close its plant in Naples on Nov. 1, despite a final attempt by the Italian government to keep the site open.
Moody's three models show Trump getting at least 289 electoral votes, assuming average turnout.
Alphabet Inc's Google on Tuesday unveiled a mid-tier laptop aimed at users on the go, the first of several big announcements expected at the company's annual hardware launch event.
Hedge fund D.E. Shaw on Tuesday called for Emerson Electric Co to split itself into two separate businesses, arguing that the move could unlock more than $20 billion worth of shareholder value.
The U.S. National Transportation Safety Board said Tuesday it will meet to determine the probable cause of the April 2018 engine failure of Southwest Airlines flight 1380 that killed a passenger who was partially sucked out the window.
David Solomon provided investors with an update on the bank's new initiatives at the start of a conference call Tuesday.
Goldman Sachs Group Inc missed Wall Street estimates for quarterly profit on Tuesday as global economic worries dampened appetite for deals, while it faced up to losses on its own high-profile investments in Uber Technologies and WeWork.
Wells Fargo & Co missed third-quarter profit estimates on Tuesday as mortgage income sank and the fourth-largest U.S. bank by assets braced for additional legal expenses tied to a sales practices scandal that erupted more than three years ago.
JPMorgan Chase & Co kicked off bank earnings on Tuesday by beating Wall Street estimates for quarterly profit by a wide margin, a signal that the U.S. consumer remains strong, executives at the largest U.S. bank said.