Latest News on private equities market

The U.S. is pushing ahead with its threat to delist Chinese companies

Fortune via Bloomberg | Nov 18, 2020 The U.S. Securities and Exchange Commission is pushing ahead with a plan that threatens to kick Chinese companies off U.S. stock exchanges, setting up a late clash between Washington and Beijing as the Trump administration winds down. By the end of this year, the SEC intends to propose


The post The U.S. is pushing ahead with its threat to delist Chinese companies first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

FTC sues savings app Beam Financial, demanding customers get their money back

The Federal Trade Commission filed a civil complaint against Beam Financial, which claims to offer above-market interest rates on federally insured deposits.

4 years ago

U.S. ETF market tops $5 trillion in assets as investors stampede into stocks on vaccine hopes

The ETF industry in the U.S. surpassed $5 trillion in assets under management last week, a new record. 

4 years ago

Walgreens drops 11% to lead drug store stocks lower after Amazon launches pharmacy business

CVS, Rite Aid and other pharmacy stocks were under pressure on Tuesday morning after Amazon's newest venture was announced.

4 years ago

Here are creative ways to teach your kids about charity

It's the time of year when people tend to give back. While Covid may have shifted the dynamic, there are still ways to show your children how it is done.

4 years ago

Investors have become too bullish so sell on the vaccine news, Bank of America says

"We say 'sell the vaccine' in coming weeks/months as we think we're close to 'full bull,'" BofA's Michael Hartnett said.

4 years ago

Op-ed: Don’t let inflation destroy those retirement plans

As you think about what might impact your retirement, keep inflation in mind. The pandemic has caused changes that will raise costs for years. Plan ahead now.

4 years ago

Businesses can convert 2020’s red ink into cash with coronavirus tax breaks

The CARES Act allows businesses to carry back losses from 2018, 2019 and 2020, using it to offset income from up to five years ago. They may get tax refunds.

4 years ago

Bill to overhaul Canada’s privacy laws coming soon

CBC | Catharine Tunney | Nov 16, 2020 Minister Bains' mandate letter hints at 'enhanced powers for the privacy commissioner' As the number of high-profile online consumer security breaches continues to grow, the federal government is expected to introduce a bill soon to shake up Canada's privacy laws — possibly as early as this week. Innovation Minister Navdeep


The post Bill to overhaul Canada's privacy laws coming soon first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Walgreens drops 8% to lead drug store stocks lower after Amazon launches pharmacy business

CVS, Rite Aid and other pharmacy stocks were under pressure on Tuesday morning after Amazon's newest venture was announced.

4 years ago

Safety net for the unemployed is defective. The pandemic exposed its flaws: MIT report

The unemployment benefits system has many shortcomings, researchers argue in a new paper published by MIT. They were laid bare by the coronavirus pandemic.

4 years ago

Capitalism must be saved by capitalists, argue these pioneering ESG investors

Fortune |Katherine Dunn | Nov 15, 2020 When Michael O’Leary and Warren Valdmanis first met at Bain Capital’s offices in Asia, both were more or less conventional members of the finance profession. And yet, years later, they would become the coauthors of a book arguing that American-style capitalism—including a “meatheaded” obsession with short-term profits—is doing


The post Capitalism must be saved by capitalists, argue these pioneering ESG investors first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

SEC Chair Clayton to exit, giving Biden early chance to name key regulator

Politico | Kellie Mejdrich | Nov 16, 2020 Under the SEC’s rules, it is up to the president to appoint an interim chair when the commission chair leaves SEC Chair Jay Clayton plans to leave the commission at the end of the year, departing from the market regulator about six months before his term is


The post SEC Chair Clayton to exit, giving Biden early chance to name key regulator first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Relativity Space raising $500 million at $2 billion valuation from Tiger and others, sources say

Rocket builder Relativity Space is raising $500 million of fresh capital in a new round being led by Tiger Global Management, people familiar with the financing told CNBC.

4 years ago

Fewer international students studying in the U.S. cost the country $1.8 billion last year

The pandemic and changing attitudes about studying in the U.S. have caused a drastic drop in the number of students coming to this country from abroad.

4 years ago