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Fintech Focus For October 22, 2020
Wednesday, October 21, 2020 - 5:14pm | 2017Read More...Quote Of The Day: When we strive to become better than we are, everything around us becomes better too. - Paulo Coelho Fintech Movers: Coinbase received 1,914 requests for information in the first six months of 2020 alone. Nearly 60% of those came from state and federal agencies in the U.S.—...
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The Oprah Effect: Apple, Winfrey Sign Multiyear Programming Deal
Friday, June 15, 2018 - 1:03pm | 419Read More...Billionaire media mogul Oprah Winfrey is credited in some part for helping Weight Watchers International, Inc. (NYSE: WTW) stock outperform the broader market in her roles of brand ambassador, large shareholder and board member. Apple Inc. (NASDAQ: AAPL) is clearly hoping the same...
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You Can Now Send A Message To President Obama On Facebook
Wednesday, August 10, 2016 - 2:53pm | 422Read More...For years, the White House has been receiving letters and all kinds of messages for the acting President. According to the House’s official blog, since taking office in 2009, Barack Obama has read 10 of these letters (selected by his staff) each day, seeking to keep in touch with the issues...
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Facebook Is Addictive, But Now It's Being Used To Treat Addicts
Tuesday, July 26, 2016 - 10:58am | 476Read More...In the wake of a recent White House announcement that the Obama administration would be bolstering efforts to combat prescription opioid and heroin addiction in the U.S., one organization is using social media to help gay men combat HIV. But can it be used to combat the opioid epidemic? The...
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After Leaving The White House, President Obama May Look To NBA Hoops
Thursday, June 23, 2016 - 2:20pm | 225Read More...President Barack Obama is leaving office in January after serving two consecutive terms in the White House. So what's on his agenda after he retires from office? A return to the classroom? Practicing law? Dedicating his life to philanthropy? None of the above. Not even close. At least not according...
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Washington Seeks Better Control Of Fintech Companies
Sunday, May 29, 2016 - 4:22pm | 446Read More...The financial technology segment, which includes companies that lend money online to firms that process electronic payments, had gone quite a long time without catching the attention of government regulators. However, this grace period has come to an end. According to a Financial Times article,...
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U.S. Companies Race To Set Up Shop In Cuba
Tuesday, March 22, 2016 - 3:35pm | 594Read More...Last year, the U.S. embassy in Cuba reopened after more than 50 years. This week, President Barack Obama became the first U.S. head of state to visit the Caribbean country since the 1959 revolution. Executives from major U.S. companies joined the leader, looking to create new business...
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White House Budget Sheds Light On Long-Term U.S. Real GDP Growth Outlook
Tuesday, February 9, 2016 - 11:47am | 200Read More...President Obama unveiled his final budget on Tuesday which proposed a $4.1 trillion spending plan for fiscal 2017. "The Budget makes critical investments in our domestic and national security priorities while adhering to the bipartisan budget agreement signed into law last fall, and it lifts...
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Obamacare Stocks Get A Supreme Court Surge
Sunday, July 5, 2015 - 1:33pm | 693Read More...Investors learned last week that there can be some serious upside to having the nation’s highest court on your side. Stocks of hospital operators and other healthcare-related companies rallied after the U.S. Supreme Court upheld a key piece of President Obama’s Affordable Care Act (...
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U.S. & Cuba Formally Restore Diplomatic Relations; CUBA Fund, Related Stocks Rise
Wednesday, July 1, 2015 - 1:21pm | 365Read More...Shares of the Herzfeld Caribbean Basin Fund, Inc (NASDAQ: CUBA) were up 8 percent on Wednesday after U.S. President Barack Obama made public his plans to “formally reestablish diplomatic relations with the Republic of Cuba.” Consequently, Obama announced that both countries will...
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Deutsche Bank: 'April Showers Brought May Flowers. Watch Out For June Thunderstorms'
Monday, June 1, 2015 - 10:01am | 350Read More...In a report published Monday, Deutsche Bank strategist David Bianco offered investors 10 key themes heading into the summer months. "S&P reached a new high of 2130 last Thursday on an 18 trailing PE, the highest since 2010 despite anemic EPS growth expected this year," Bianco wrote. "Both EPS...
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Amazon Hires Former White House Press Secretary Jay Carney For Key PR, Public Policy Role
Thursday, February 26, 2015 - 3:41pm | 231Read More...Amazon.com, Inc. (NASDAQ: AMZN) Thursday hired Jay Carney as its new Senior Vice President for Worldwide Corporate Affairs, according to Politico. Carney previously served as the 29th White House Press Secretary under President Barack Obama for more than three years, before resigning in the first...
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How These 4 Tech Giants Are Resolving Their China Challenges
Monday, December 8, 2014 - 5:18pm | 972Read More...Any company doing business in mainland China faces challenges. Such challenges include, according to the Global Association of Risk Professionals: relationship building, the role of respect, widespread tax evasion, weak internal controls and use of third-party agents. Here are four major...
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Markets End Week On Positive Note As Investors Are Encouraged By Central Bank Developments In Europe, China
Friday, November 21, 2014 - 4:33pm | 945Read More...U.S. stocks ended the week higher as investors were encouraged by announcements in Europe and China. The European Central Bank outlined plans to expand its asset purchase programs by "altering the size, pace and composition of our purchases" if inflation shows signs that it could stay...
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3 Middle East ETFs To Watch Amid President Obama's Speech
Wednesday, September 10, 2014 - 4:04pm | 490Read More...President Barack Obama is set to address the nation Wednesday night to further detail his plan to combat the terrorist activity in the Middle East. The goal will be to eliminate Islamic extremists, ISIS in particular. Several of the ETFs that concentrate on the Middle East are trading at or...
