admin July 10, 2018

Corporate America threw Wall Street a record-shattering party last quarter. Flooded with cash from the Republican tax cut, US public companies announced a whopping $436.6 billion worth of stock buybacks, according to research firm TrimTabs. Not only is that most ever, it nearly doubles the previous record of $242.1 billion, which was set during the […]

admin July 10, 2018

Corporate America threw Wall Street a record-shattering party last quarter. Flooded with cash from the Republican tax cut, US public companies announced a whopping $436.6 billion worth of stock buybacks, according to research firm TrimTabs. Not only is that most ever, it nearly doubles the previous record of $242.1 billion, which was set during the […]

admin July 10, 2018

If you bought a vehicle in Southeast Asia or Australia — especially a pickup — there’s a good chance it was built in Thailand. Thailand has been a stronghold for automobile manufacturing for decades. It nicknamed itself “the Detroit of Asia,” and the moniker stuck, with good reason. It’s currently the 12th most industrious auto […]

admin July 10, 2018

It was another good quarter for Americans repaying their debts. The percentage of people who are delinquent on their debts — meaning they are 30 days or more overdue — hit 1.73% in the first quarter of 2018, up from 1.64% in the fourth quarter last year, but still below the 15-year average of 2.14%. […]

admin July 10, 2018

President Donald Trump’s pro-business agenda is in an epic battle with his anti-business instincts. These contradictory stances played out for all to see the past few days. On Friday, Trump imposed tariffs on China that Corporate America lambasted because of the risk of a recession-inducing trade war. On Monday, Trump followed up his recent attacks […]

admin July 10, 2018

Pepsi kicked off second quarter earnings season in refreshing style. The soda and snacks giant reported profits that topped Wall Street’s forecasts because of solid sales from its Frito-Lay unit and healthy demand from China and other overseas markets. Shares of Pepsi (PEP) popped more than 3% on the news Tuesday. Rival Coca-Cola (KO), which […]

admin July 10, 2018

Women have made enormous strides working in occupations historically dominated by men, yet social norms in the U.S. continue to restrict women’s progress, particularly in finance. Female fund managers, financial planners, financial analysts, and financial managers are a small fraction, usually under 20%, of financial professionals. While many financial organizations recognize the need to advance […]

admin July 10, 2018

J.M. Smucker is offloading Pillsbury and other baking brands. The company — known for products like Smucker’s jam, Jif peanut butter and Folgers coffee — announced Monday that it would sell its baking business to private equity firm Brynwood Partners for $375 million. The deal includes the Pillsbury, Hungry Jack, Martha White, White Lily and […]

admin July 10, 2018

Washington wanted Twitter to crack down on fake accounts. Now Wall Street is worried Twitter has gone too far. Twitter (TWTR) stock fell as much as 9% Monday after a report found the company has ramped up its suspensions of fake accounts, potentially putting user growth at risk. The Washington Post reported late Friday that […]