Month: September 2018

Floods are the nation’s most common and costly natural disaster. Yet, standard homeowners and renters insurance policies specifically don’t cover that. “Your homeowners policy will cover water damage if water came from above,” said Jason Hargraves, managing editor of insuranceQuotes.com. “If your house is damaged from water that comes from the ground up, you’ll need
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“What are you doing here?” a young engineering student asked Vipin Mayar, the head of artificial intelligence initiatives at Fidelity Investments, at a MIT conference in San Francisco. As Mayar recalled, “They were all just… surprised.” Fidelity executives are getting used to the confused looks and double-takes their company booth draws at Silicon Valley job
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BlackBerry reported quarterly profit above Wall Street’s estimates on Friday, as lower expenses helped offset a drop in its enterprise software and services revenue. U.S.-listed shares of the company were up 2.7 percent premarket. BlackBerry, which dominated the smartphone market nearly a decade ago before losing out to Apple’s iPhones and Android devices, has been
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The ability to personalize a product to your preference is the next major theme of the world’s digital revolution, CNBC’s Jim Cramer said Thursday, speaking from CNBC’s 1Market studio in the tech capital of San Francisco. “The investable theme everybody’s talking about right here, right now? Personalization. It’s everywhere,” the “Mad Money” host said. “Technology
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Citron Research’s Andrew Left, who has shorted Tesla shares, told CNBC on Thursday he is surprised that shareholders of the company reacted so strongly to the SEC’s fraud charge against CEO Elon Musk. Shares of the electric car company fell about 13 percent in extended trading after the Securities and Exchange Commission filed a complaint
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With the S&P 500 index approaching double-digit returns for the third year in a row, many investors are likely salivating over their swelling wealth in investment reports. But they should know something about what’s not printed in most investor statements: accurate results. That’s because investment reporting today is misleading, largely due to out-of-date regulations and
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