Investors will soon apply environmental, social and governance standards to global governments as the role of ethics grows in the investing world, according to Paul O’Brien, the former deputy CIO of the Abu Dhabi Investment Authority, which manages more than $700 billion in assets. “People [are] taking a more ethical approach to their investing. That
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Houston, TX, USA – February 8, 2015: Monopoly Board Game – money around the car, dice, houses and hotels Getty If I was redesigning a new Monopoly game, I would include a set of spaces called Opportunity Zones. This new type of property could be extremely valuable, even more so than Boardwalk and Park Place.
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Strong home price appreciation last year led many to wonder if housing was unsustainably strong. I thought not and in November 2018 wrote Housing Forecast: Not A Bubble In 2019. This update shows that housing will continue to soften, though not quite so much as previously expected. The most important factor determining housing construction and
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Pressure is mounting in Washington D.C. to take action against Facebook’s chief executive Mark Zuckerberg for the company’s handling of customer data. Two Democratic senators voiced support for Zuckerberg to be held personally responsible for the company’s privacy fumbles following a Washington Post report that claimed the Federal Trade Commission is considering how to hold
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Netflix fell about 1% after reporting its first-quarter earnings after the bell Tuesday. The company posted quarterly revenue that beat estimates but included light guidance for the following quarter. Here are the numbers Netflix reported compared to Wall Street’s expectations: Earnings per share: 76 cents, vs. 57 cents expected, per Refinitiv consensus estimate. Revenue: $4.52
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When Instagram exploded in popularity, so did posting photos of food. Restaurants took note of the free marketing possibilities and invented eye-catching concoctions like rainbow bagels and Starbucks’ Unicorn Frappuccino. But now the Instagram trend has evolved to include more expensive investments — from customized tiles to handmade tables. “I feel like Instagram is basically
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United Continental Holdings, the parent company of United Airlines, reported first-quarter earnings Tuesday that beat Wall Street profit expectations but fell shy of revenue estimates as the airline grapples with the prolonged grounding of Boeing’s 737 Max jets. Here’s what the company reported versus what analysts polled by Refinitiv expected: Adjusted earnings per share: $1.15
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Check out the companies making headlines after the bell: Shares of Intuitive Surgical plummeted more than 6 percent in extended trading Thursday following the release of the company’s disappointing first-quarter earnings. Intuitive Surgical posted earnings per share of $2.61, missing Refinitiv estimates of $2.70. Revenue was in line with estimates at $974 million. Pinterest shares
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© 2019 Bloomberg Finance LP Rather than boycotting products manufactured in China, China is urging Indians to work long hours to catch up with them in manufacturing. That’s according to a recent Globaltimes article, in response to Indian protests against Chinese-manufactured products. “Many Chinese workers have embraced the “9-9-6” culture, while many billionaires in China
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