Perhaps most disturbing about the abuses detailed — in the thousands — on the website Everyone’s Invited are not the specific details of each episode of sexual harassment, rape or social humiliation, but the fact that each incident is recalled with the same sad, defeated tone. Even aged 13 or 14, as so many of
Investing
ADT Corporation (NYSE: ADT) provides monitored security systems, monitored life safety systems and building automation systems to homeowners and small- and medium-sized businesses throughout the United States and Canada. The company’s home security offerings include around-the-clock burglary and emergency monitoring services, real-time networked video solutions, and automated lighting and climate control capabilities. Additional security offerings
Gabriela Bhaskar | Bloomberg | Getty Images The $1,400 stimulus checks are hitting Americans’ bank accounts, but Bank of America doesn’t expect the fiscal aid to spur speculative trading in GameStop’s stock. Since the GameStop trading mania that took place in January, the Wall Street firm’s predictive analytics team has been monitoring non-fundamental factors in
Toyota came within hours of shutting down its UK plants this week because of supply shortages as the US cold snap threatened global car production, according to three people with knowledge of the situation. The Japanese carmaker was in a “daily battle to avoid a shutdown” across its European network as contagion from its North
The author is a senior fellow at the Lowy Institute and a former Financial Times bureau chief in Beijing Even before Boris Johnson announced the results of his country’s national security review this week, China’s communist party tabloid, the Global Times, was asking: “Will the UK be the next Australia?” As prime minister, Johnson has
For those who work in, or have aspirations of one day working in the world of finance, chances are you’re familiar with the Chartered Financial Analyst (CFA) designation already. It has arguably become the most recognizable and sought after professional designation in the industry. Meanwhile, as investment and interest in alternative assets continues to grow in the financial
Enikö Ban, public health officer in the German city of Jena, has a long list of contact tracing horror stories. Once, she resorted to advertisements in the local newspaper, begging visitors of a restaurant to contact her office. On other occasions, she sent police hunting for names of people who seemed not to exist. Her
One must-read to start: a group of first-year investment banking analysts at Goldman Sachs presented management with a slide deck describing arduous working conditions last month, shining a rare spotlight on the stresses faced by young people working in investment banking. Read the full story here, and browse the deck, available on Twitter here. One
While there are certainly many viable options-buying strategies available to traders, options expiration data obtained from the CME covering a three-year period suggests that buyers are fighting against the odds. Based on data obtained from the CME, I analyzed five major CME option markets—the S&P 500, eurodollars, Japanese yen, live cattle, and the Nasdaq 100—and
The Oxford start-up Vaccitech that owns the biotech platform behind the AstraZeneca Covid-19 vaccine has raised $168m, as it seeks to use similar technology to treat other infectious diseases and cancer. Twenty-five million people across the UK have now been vaccinated with the first dose of a coronavirus vaccine, health secretary Matt Hancock said on
This video shows the Capella-3 satellite’s reflector deployment, using the its boom as a “selfie stick”. The reflector is folded and compact as it reaches space and expands to a 3.5 meter diameter object. Capella Space Satellite imagery specialist Capella Space on Thursday released the first images captured by its two latest spacecraft launched in
Google announced that it plans to spend $7bn this year on expanding its network of US offices and data centres, saying it still saw value in employees “coming together in person to collaborate”. The additions to Google’s physical presence came as part of the search and advertising group’s plan to create at least 10,000 full-time
In what may be a bellwether for other states, California recently enacted its own extensive COVID-19 emergency rules for business and industry. Issued in late November by the California Occupational Safety & Health Standards Board, the regulations apply to all places of employment except for: Those with employees working at home Those with only one
A pedestrian passes in front of 200 West Street, which houses the headquarters of Goldman Sachs Group Inc., in New York. Scott Eells | Bloomberg | Getty Images Junior investment bankers at Goldman Sachs are suffering burnout from 100-hour work weeks and demanding bosses during a SPAC-fueled boom in deals, according to an internal survey
Long-term US government bonds weakened on Thursday after the Federal Reserve raised its growth and inflation forecasts but stuck to plans to keep short-term interest rates low until at least 2024. The 10-year Treasury yield, a key benchmark for borrowing costs across global financial markets, rose as much as 0.096 percentage points to 1.738 per
Russian president Vladimir Putin and his US counterpart Joe Biden have traded insults amid warnings that the relationship between Moscow and Washington has sunk to a historic low, with Russia recalling its ambassador. After Biden accused Putin of being “a killer” in an interview broadcast on Wednesday, the Russian leader responded on Thursday by saying
Risk management helps cut down losses. It can also help protect traders’ accounts from losing all of its money. The risk occurs when traders suffer losses. If the risk can be managed, traders can open themselves up to making money in the market. It is an essential but often overlooked prerequisite to successful active trading.
The Federal Reserve building is pictured in Washington on Monday, March 8, 2021. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images The Federal Reserve on Wednesday dialed up its economic growth expectations but signaled that there are no expected interest rate hikes for the next two years. The so-called dot-plot projections budged little, with
Like many small businesses across China, Zheng Weijun’s freight company had struggled to obtain credit from the state-dominated banking system. But in 2018 the 12-lorry business discovered Fincera, a peer-to-peer platform in Hebei province that collected money from retail investors starved of returns and channelled it to borrowers, mainly small trucking and logistics companies. “We
A long-awaited showdown between Toshiba and its two largest investors has ended in embarrassment for the conglomerate and an unprecedented show of shareholder strength in Japan. The landmark vote in favour of a probe into Toshiba’s conduct follows five years of increasingly confident shareholder activism against the conservative bastions of corporate Japan. The result of
On-balance volume (OBV), creates a running total of positive and negative trading volume for a stock or security. One of the original momentum oscillators, OBV spawns from Joe Granville’s theory that volume precedes price in an instructive, measurable fashion. The formula’s calculation is simple, rising whenever volume on up days is greater than volume on down
Ireland’s prime minister has told Joe Biden that the UK and EU must “stand by what has been agreed” on post-Brexit rules on trade between Great Britain and Northern Ireland. Speaking by video link at the annual St Patrick’s Day bilateral meeting between the Irish and American leaders, Micheál Martin said London and Brussels must
Plug Power GenDrive Fuel Cell with GenFuel hydrogen. Source: Plug Power Shares of Plug Power dropped more than 15% during premarket trading on Wednesday after the company said it will restate financial results following accounting errors. In a filing with the Securities and Exchange Commission on Tuesday evening, the fuel cell maker said it will
Airline initial public offerings are taking off, fuelled by a jump in investor appetite for stocks expected to get a big lift from economic reopenings and an anticipated rebound in travel as Covid-19 vaccination programmes accelerate. Investors on Wall Street sent shares of Apollo-backed Sun Country Airlines up more than 50 per cent in their
The retail industry provides a variety of finished goods, both durable and non-durable, to individual consumers and households. The industry also sells services. Products sold by retail companies include apparel, electronics, furniture, kitchenware, sporting goods, books, and toys. Some even sell groceries, pharmaceutical products, auto parts, and gardening supplies. The industry includes traditional brick-and-mortar retailers
France’s data protection authority has opened an official probe into Clubhouse over concerns the trendy iPhone audio app may be breaking privacy rules in Europe. The French authority said it had sent questions to Alpha Exploration, the parent company of Clubhouse, to assess whether the app was compliant with the EU’s General Data Protection Regulation
Greece has launched its first 30-year bond sale since 2008, highlighting the country’s sharp change in fortunes from its debt troubles a decade ago. The bond issue, which will raise about €2.5bn, underscores how Greece has rebuilt its access to public markets after it became the centre of the eurozone debt turmoil that followed in
Ten years after the giant financial crash, “the scars of 2008 are still very raw for millions of people today,” said a 2018 survey report from online investment firm Betterment. Nearly half (47%) of the survey’s 2,000 respondents—1,602 of whom were at least 18 in 2008—were invested in the market when the crash hit and it hit hard:
Australia has appealed to the EU to reject “vaccine protectionism” and allow the export of 1m doses of the Oxford/AstraZeneca jab to address a Covid-19 emergency in Papua New Guinea. Canberra said on Wednesday that the governments of PNG and Australia would make a formal request to AstraZeneca and European authorities to allocate 1m doses
The government of Papua New Guinea said on Tuesday it would restrict movement without imposing a full lockdown, as coronavirus infections in the Pacific country soared. PNG on Tuesday recorded 82 positive cases from 91 tests processed in a day, leading the Australian state of Queensland to suspend charter flights from the OK Tedi copper