Investors have been “doubling down” on sustainability over the last quarter — and sustainable funds have actually outperformed the broader market, according to an analyst at BNP Paribas Asset Management. That’s a departure from historical precedents where people shifted their focus from sustainability to near-term profits in tough times, Gabriel Wilson-Otto, head of stewardship, Asia
Month: June 2020
Five US police officers were reportedly shot during clashes in several cities as protesters and looters defied curfews in the wake of the killing of George Floyd, a 46-year-old black man, in police custody last week. Four police officers were shot in St Louis, Missouri, as authorities struggled to regain control of the city’s streets
Spain’s government is set to retain sweeping lockdown powers until late June under a deal that virtually assures Prime Minister Pedro Sánchez of a parliamentary majority on the issue. The agreement with the pro-market Ciudadanos party, ahead of a vote in the chamber of deputies, gives Mr Sánchez the support he needs to prolong the
(Bloomberg) — Pandora A/S, which makes more pieces of jewelry than any other company in the world, will stop relying on newly mined gold and silver and instead use only recycled precious metals. The new policy, which takes effect in 2025, will help the Copenhagen-based company beef up its climate credentials and make it a
This is terrible news for Main Street, because now capital is being misallocated and transferred to unproductive enterprises… by Andrew Moran via Mises The United States was waiting for the zombie apocalypse. The country was given a coronapocalypse instead. But could the two events merge and provide the nation with a dangerous economic trend? Corporate
Finance Minister Taro Aso suggested he was unwilling to push for lowering the tax rate on cryptocurrencies in Japan to a flat 20% because it’s difficult for many households to invest in digital assets. Aso was responding to a question from Japan Restoration Association member Shun Otokita at a meeting of the House of Councillors
Shares in US money transfer company MoneyGram (MGI) spiked 32% in after-hours trading on Monday on reports of takeover talks with Western Union (WU). On the news Western Union also surged 6% after-hours. According to a Bloomberg report, Western Union has already made a takeover offer for MoneyGram, but no decision has been made and
A pedestrian passes an advertising board outside a Western Union money transfer store in Athens, Greece. Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines after the bell. Western Union — The money payment service’s stock rose 7% in extended trading after a report from Bloomberg Law that Western Union recently made
So what states are most effective in preventing death from COVID-19? It seems as though the Republican states are. Let’s take a look. Consequences of the anti-HCQ Media OperationThe situation was aggravated by actions of some state governments, which started restricting access to HCQ for COVID-19 victims. The Governor of New York outright denied HCQ
Clear pool fences are just one of the biggest design trends of the season. Aquaview Pool fencing As we transition into summer amidst a pandemic, spending time outdoors becomes more important. Although stay at home orders have been lifted in many states, there are still restrictions in some locations. Plenty of people remain cautious and
Bitmain on Monday released the Antminer T19, a cheaper bitcoin mining machine, in an effort to regain lost market share. The Beijing-based company said the Antminer T19 has computing power or hashrate of 84 terahash per second (TH/s) and power efficiency of 37.5 joules per terahash (J/TH). The latest hardware is modeled after Bitmain’s more
Getty According to AARP employment data, women over the age of 55 face a dual threat to their careers and earning power amid the financial and labor market turmoil due to Covid-19. In April, approximately 20 million jobs were lost in the United States and the unemployment rate reached a staggering 14.7%. Between March and
The Securities and Exchange Commission’s Fixed Income Market Structure Advisory Committee is recommending that regulators explore ways to improve pre-trade transparency in the municipal market, a proposal that has received cautious approval from the dealer community. FIMSAC’s Municipal Securities Transparency Subcommittee provided that preliminary recommendation during the advisory committee’s virtual meeting Monday, FIMSAC’s second meeting
Target (TGT) is a discount retailer that generates revenue by offering competitively priced consumer goods. Similar companies competing directly with Target include Walmart (WMT) and Costco Wholesale (COST). Businesses in the retail industry do not produce products directly and must obtain their goods using contracts with manufacturers. The discount retail industry has come under increasing
Rick Smith, CEO of Axon Enterprises. Adam Jeffery | CNBC Shares of law enforcement supplier Axon Enterprise spiked more than 9% in premarket trading after protests against police brutality turned violent in many cities across the country. Axon, formerly known as Taser International, sells electrical weapons and body cameras for law enforcement officers. The stock’s jump
US one-day death rate below 500 for the first time since March Peter Wells in New York America’s one-day death toll dropped below 500 for the first time in just over two months, marking the third straight day it has remained under 1,000. A further 469 people in the US died from coronavirus over the
Back in 2004, at a brunch at the Georgetown home of a senior Democrat operative, surrounded by the architects of John Kerry’s campaign, in a moment of indiscretion, I raised the N-word — Ralph Nader. Mr Nader was the Green party candidate who had stood in the 2000 presidential election when Al Gore narrowly lost
In April, as the coronavirus pandemic tore through America’s most vulnerable communities, more than 40 women advisors and other staff at Dynasty Financial Partners turned from their portfolios and news feeds to virtually attend the firm’s latest women’s network gathering. It was a particularly strong showing that day; members were anxious to learn and share
Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAAS), the world’s second-largest primary silver producer, reported Monday that the company is resuming some of its operations that have been shuttered due to the COVID-19 pandemic. In Mexico, operations restarted at the Dolores mine Monday and a ramp-up began at La Colorada in late May. This follows
Are the riots engulfing the nation simply fallout from the shocking killing of a black suspected forgerer at the hands of a white police officer? by Ron Paul of Ron Paul Liberty Report Are the riots engulfing the nation simply fallout from the shocking killing of a black suspected forgerer at the hands of a
The tensions between the U.S. and China have escalated once again. This is bad news for the global economy which is currently witnessing one of the worst crises since the Great Recession. If either the U.S. or China does not keep up their part of the trade deal, it could only make matters worse. Scrapping
Shares in Coty (COTY) jumped 18% as it appointed its chairman Peter Harf as CEO to help spearhead a strategic turnaround plan of its business. As part of the plan, the indebted cosmetics maker struck a deal to sell a majority stake in its retail and hair business to buyout firm KKR & Co. (KKR).
A logo for Pfizer is displayed on a monitor on the floor at the New York Stock Exchange, July 29, 2019. Brendan McDermid | Reuters Check out the companies making headlines midday Monday: Pfizer — Pfizer dropped more than 8% after the pharmaceutical giant reported disappointing results from its breast-cancer drug trial. The trial is
The extra $600 in weekly unemployment benefits from the federal government expires in July. … [+] Apartment industry experts fear rent payments will plunge as a result. Getty As rent comes due in June, the third month since the onset of the pandemic, and as Congress mulls additional aid to inject into the coronavirus-battered U.S.
On May 28, 2020, the digital currency and blockchain company Uquid has announced that the Uquid Shop is now live and accepting cryptocurrencies like bitcoin cash for payments. The team at Uquid has dubbed the market the “world’s biggest digital shop for crypto users is ready to launch with 30,000 digital products.” Crypto Firm Launches
BOSTON, MA – APRIL 14: Boston EMS remove an elderly patient from Sherrill House, a nursing home in … [+] Jamaica Plain (Photo by David L. Ryan/The Boston Globe via Getty Images) Boston Globe via Getty Images We are beginning to learn which nursing homes are most likely to be hit with COVID-19. And while
While tax-exempt yields rose slightly Monday, some investors questioned the market’s reaction to ongoing national crises and the associated impact on state and local government finances. The short end of the curve sold off by three basis points, per triple-A benchmarks. Part of that had to do with the rally that occurred during May that
Dividend investing is a tried-and-true method of wealth accumulation that offers inflation protection in a way that bonds do not. But finding top-notch dividend-paying companies can be a challenge. This article highlights the chief factors investors should be on the lookout for, in their search for worthy dividend-paying stocks. Key Takeaways Dividend investing is a
Traders work on the floor at the opening bell of the Dow Industrial Average at the New York Stock Exchange on March 18, 2020 in New York. Bryan R. Smith | AFP | Getty Images Chief financial officers of major corporations around the globe are more likely to believe the Dow Jones Industrial Average will
Mark Zuckerberg is facing a backlash from within Facebook, with several senior employees publicly criticising the chief executive for refusing to take action over controversial posts by President Donald Trump, and other staff members staging ‘virtual walkouts’. As protests and rioting over the death in police custody of George Floyd, an unarmed black man, spread