Finance

Mike Rasnic sits on the front porch of his home which is surrounded by floodwater on March 22, 2019 in Craig, Missouri. Scott Olson | Getty Images The risks of climate change are already impacting investors, with increasingly frequent climate disasters like wildfires, drought, flooding and heatwaves threatening business operations and properties across the world.
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David Solomon, Goldman Sachs Adam Galica | CNBC Goldman Sachs CEO David Solomon told CNBC on Thursday that starting this year, his investment bank wouldn’t help companies go public without at least one “diverse” board member.   “Starting on July 1st in the US and Europe, we’re not going to take a company public unless there’s
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Paul Tudor Jones Leanne Miller | CNBC Billionaire investor Paul Tudor Jones said the stock market today is reminiscent of the one in early 1999.  “We are just again in this craziest monetary and fiscal mix in history. It’s so explosive. It defies imagination,” Jones CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland. “It
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Jamie Dimon, Chairman and CEO of JP Morgan Chase.  Adam Jeffery | CNBC J.P. Morgan Chase announced the creation of a new business called the Development Finance Institution to boost private investment in emerging-market development projects. The lender said it can finance more than $100 billion annually from its investment bank and created a formal
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Toward the end of NBCUniversal’s two-hour long presentation of its Peacock streaming video service Thursday, the media and entertainment company dropped a revealing piece of information that rival companies haven’t made available. Comcast’s NBCUniversal estimates its streaming service will generate average revenue per user (ARPU) per month of $6 to $7. This is an aggregate
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Nestle Health Lab Imagine receiving customized nutrition advice based on your personal biologic or genetic profile. That’s the “future of food,” according to a UBS analyst, who sees diet personalization as the next plant-based meat. Personalized nutrition could generate annual revenues as high as $64 billion by 2040, the firm said. Plus, big-name companies such
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Fluorescent shipping containers, billiard tables atop AstroTurf, and his signature “MATH” campaign signs plastered to the walls greeted Democratic presidential candidate Andrew Yang on Thursday night at a fundraiser in downtown San Francisco. Hundreds of supporters braved a torrential downpour and a line that wrapped around city blocks to see the entrepreneur and nonprofit executive,
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Pete Sikora member of New York Communities for Change. In response to the findings of a new report by Majority Action, members of New York Communities for Change (NYCC), Mothers Out Front (MOF), Sunrise Movement NYC, Sierra Club, and 350Brooklyn gathered for a press conference on September 17, 2019 outside BlackRock offices in New York
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Invesco’s Kristina Hooper expects a majority of multinational companies to turn more optimistic this earnings season. The firm’s chief global market strategist cites the easing of the U.S.-China trade war threat as a major catalyst. Hooper believes a trade deal will bring back capital expenditure spending plans as companies revert to a calmer global environment.
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