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)
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-long strike of 48,000 U.S. hourly workers could be nearing an end, two people briefed on the talks said on Tuesday.
Forbes | Richard Harroch and Melissa Guzy | Oct 12, 2019 Investment in financial technology (“Fintech”) companies is growing dramatically. Global Fintech funding has risen to over $100 billion, fueled by large M&A deals and large rounds of financing. Investment in Fintech companies is expected to continue to grow significantly in the next few years as
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BlackRock Inc , the world's largest asset manager, exceeded analysts' estimates for quarterly profit on Tuesday, as investors poured money into its fixed-income funds and cash management business amid worries about global growth.
California chipmaker Intel Corp has agreed to purchase a software business from Toronto-based information technology firm Pivot Technology Solutions Inc , Intel said on Tuesday.
Global banks earned $1 billion from trading government-backed U.S. mortgage securities in the first half of 2019, data shows, a fivefold increase on last year for what industry sources say is the fastest growing revenue source in investment banking.
The activist hedge fund releases voluminous report outlining all the ways in which Emerson Electric has failed shareholders.
Goldman Sachs Group Inc missed Wall Street's estimates for quarterly profit on Tuesday as global economic worries dampened appetite for deals and share sales.
U.S. stocks opened higher on Tuesday, as strong 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.
Piper Jaffray upgraded Lowe's to overweight from neutral, as the firm expects home improvement sales to see its largest growth since 2016 in the coming quarters.
Goldman Sachs reiterated its buy rating on shares of Amazon, saying he stock looks poised to top third quarter estimates.
Procrastinators, your time is nearly up. Oct. 15 is the last day for taxpayers to submit their 2018 tax returns. Here's what you need to know.
Here are the biggest calls on Wall Street on Tuesday
Johnson & Johnson boosted its profit forecast for the year on Tuesday after posting better-than-expected quarterly earnings on stronger prescription sales of its psoriasis treatment Stelara and cancer drug Imbruvica.