Three buzz words this year among politicians and business leaders at the World Economic Forum’s annual meeting in Davos Switzerland: diversity, equity and inclusion. It’s no surprise DEI is on corporate leaders’ minds since it’s been front and center at the White House as well. “My administration has taken action to abolish all discriminatory diversity, […]
Photographer | Collection | Getty Images Italy’s bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro ($13.95 billion) all-share takeover offer for larger domestic peer Mediobanca. Shares of Monte dei Paschi (MPS) were down 5.74% at 09:43 a.m. London time, with Mediobanca up 6.28%. Offering 23 of its shares for 10 […]
If you’ve been following our travels, you read about our recent Nemacolin review and know we fell head over heels for this mountain retreat last spring. Now, Nemacolin Valentine’s Weekend brings an exclusive high tea experience to this luxurious Pennsylvania resort that’s unlike anything we’ve seen before. Bisou Bisou: A Marie Antoinette-Inspired Dream […]
Sally Anscombe | Getty Images Entrepreneur Eric Malka had to completely shift his mindset when he sold his company and became an investor. Since then he’s learned many lessons he’s now passing to his kids. When The Art of Shaving — which Malka and his wife Myriam Zaoui founded in 1996 — was bought by […]
Check out the companies making headlines after the bell : Boeing — The airplane maker saw shares dropping nearly 2% in after-hours trading after the company released preliminary fourth-quarter financial results. The company said it expects to post a loss of $5.46 per share for the fourth quarter as the results were affected by a […]
President Donald Trump on Thursday accused the CEOs of the two largest American banks of refusing to serve conservatives, reviving a 2024 campaign talking point that the two companies deny. Speaking via video to an assembly held at the World Economic Forum in Davos, Trump lashed out at Bank of America CEO Brian Moynihan and […]
Check out the companies making headlines in midday trading: Alcoa — Alcoa’s shares fell about 4% after CEO William Oplinger said on Wednesday that U.S. tariffs on Canadian imports would increase the cost of aluminum by $1.5 billion to $2 billion a year, and that increasing the cost of trade with Canada and Mexico would hurt […]
When I met Freddie this past fall… …and he gave me his number, I entered him into my phone as “Freddie Sopranos.” His Hinge profile had mentioned not once, but twice, how much he loved the HBO show. I’d never seen it, so I started watching, curious to find out what all the fuss was […]
D3sign | Moment | Getty Images There’s an important lesson for investors in Vanguard Group’s recent $106 million settlement with the Securities and Exchange Commission over its target-date funds: Being mindful of your investment account type can save you from a big tax bill in certain cases. Vanguard, the largest target-date fund manager, agreed to […]
Larry Fink at the 2016 World Economic Forum in Davos, Switzerland. David A. Grogan | CNBC BlackRock CEO Larry Fink said President Donald Trump’s efforts to unleash capital in the private sector could have unintended consequences that would hurt the stock market. “I’m cautiously optimistic. That being said, I have scenarios where it could be pretty […]