Month: September 2018

Sean Rayford | Getty Images People navigate floodwaters caused by Hurricane Florence near the Waccamaw River on September 23, 2018 in Conway, South Carolina.  Flood-caused property damage generally is covered under a National Flood Insurance Program policy, if the homeowner has one. The problem is that most people don’t. Only 12 percent of homeowners have
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Monzo has won over an increasing number of plaudits, and customers, since setting up business in 2015. And now the start-up challenger bank has topped LinkedIn’s “Top 25 U.K. Start-Ups” rankings for the second-year running. Other companies in the financial sphere to make the list’s top 10 include Revolut and ClearBank. To be eligible, businesses
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As China becomes more active in artificial intelligence, the U.S. should double the amount it spends on research in the field, says investor and AI practitioner Kai-Fu Lee, who has worked for Google, Microsoft and Apple. The comments come after various parts of the U.S. government have made AI announcements, even as the U.S. overall
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PepsiCo: Snack and beverage giant PepsiCo’s Tuesday earnings report will be a “bittersweet moment” for Cramer as longtime CEO Indra Nooyi prepares to step down from her post the following day. “Indra reinvented the company, transforming it from a carbonated soda and salty snacks business into a more diversified operation with many healthy offerings. I’ve
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About Trading Nation is a multimedia financial news program that shows investors and traders how to use the news of the day to their advantage. This is where experts from across the financial world – including macro strategists, technical analysts, stock-pickers, and traders who specialize in options, currencies, and fixed income – come together to
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If you haven’t visited a college campus, secondhand store or seen “Crazy Rich Asians,” in which one of the central characters possesses a Jamba Juice freebie card, you may not have heard: Thrift is cool. In hospitality, that spirit has worked its way from Airbnb mania to spinoff hotel brands and independent properties that promise
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Walgreens Boots Alliance said Friday it agreed to pay a $34.5 million fine to settle an investigation by the Securities and Exchange Commission. In settling, Walgreens neither admits nor denies the allegations. The SEC was investigating whether the drugstore chain’s former chief executive and former chief financial officer failed to provide adequate warning about the
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SeongJoon Cho | Bloomberg | Getty Images John Chen, chief executive officer of BlackBerry Ltd., holds the BlackBerry Priv smartphone. BlackBerry reported quarterly profit above Wall Street’s estimates on Friday, as lower expenses helped offset a drop in its enterprise software and services revenue. U.S.-listed shares of the company were up 2.7 percent premarket. BlackBerry,
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