Banking bellwether Jefferies (JEF) delivered record second-quarter earnings results on Monday after the closing bell, led by continued strength in investment banking. For the second quarter ended May 31, Jefferies Group posted total revenues of nearly $1.62 billion, up 56% from the $1.03 billion reported a year ago, a record […]
Month: June 2021
Small-business employment grew in June
Small businesses continued to ramp up their hiring this month, particularly in the leisure and hospitality sector, as the economy recovers from the pandemic, according to payroll giant Paychex. The Paychex | IHS Markit Small Business Employment Watch, released Tuesday, found small-business employment growth increased 0.26% in June. The related […]
Video game industry faced wave of cyberattacks during COVID pandemic: report
Check out what’s clicking on FoxBusiness.com. Cyberattack traffic targeting the video game industry skyrocketed during the COVID-19 pandemic. Video gaming was struck by more than 240 million web application attacks in 2020, a 340% increase over 2019, according to Akamai’s new State of the Internet / Security report. “Criminals are […]
Planning Board reviews 20-acre solar project proposed on wooded Fearing Hill Road lot
WAREHAM – The Planning Board Monday opened a site plan review hearing on a proposed solar project on a wooded 44-acre lot at 91 and 101 Fearing Hill Road, with the solar arrays being contained on a 20-acre, fenced-in section of the lot, that will produce 4.4 megawatts of electricity […]
B&H Insurance acquired by Florida brokerage
NEWARK – B&H Insurance, an independent agency, has been acquired by AssuredPartners, a fast-growing international full-service brokerage. Founded 47 years ago as Bramhall & Hitchen Insurance, the agency was renamed B&H Insurance under current President and CEO John Boykin in 2016. BHI has a team of 26 today, all of […]
Treasury Secretary Janet Yellen warns of ‘absolutely catastrophic’ hit to economic recovery this summer if US can’t pay its bills on time
Win McNamee/Getty Images On Wednesday Secretary Yellen asked Congress to extend a July deadline to pay back some of the federal debt. Without an extension, she warned of a “catastrophic” default that could hurt economic recovery. Some in the GOP have signaled they want spending cuts in exchange for increasing […]
Dealing with flood aftermath? Here’s a list of Michigan resources that can help
(WXYZ) — If you’re dealing with flood damage after the past few days of heavy rainfall, there are some Michigan resources that may be able to help. Related: Michigan State Police released a list of helpful links and contact information. If you have questions regarding your insurance, the Department of […]
Smurfit Kappa reaches Peru, offering new business opportunities to Spanish customers
Smurfit Kappa has completed the acquisition of Cartones del Pacífico in Peru. This is an important milestone for the company, which is increasing its presence in the Americas from 12 to 13 countries and strengthening its position as the largest supraregional supplier in Latin America. It is an important purchase […]
Should You Be Adding IGM Financial (TSE:IGM) To Your Watchlist Today?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it completely lacks a track record of revenue and profit. Unfortunately, high risk investments often have little probability of ever paying off, and many […]
Salesforce Expands Its Financial Services Offerings for Corporate and Investment Banking
SAN FRANCISCO — June 9, 2021 — Salesforce (NYSE: CRM), the global leader in CRM, today announced Corporate and Investment Banking for Financial Services Cloud, new technology to help bankers and deal teams deepen relationships with clients, manage deal interactions on one platform and compliantly collaborate and share sensitive information […]
Insurers lose High Court challenge over business insurance COVID pandemic payouts
Australia’s insurance industry has lost the latest battle in an ongoing “war of attrition” between insurers and businesses that want compensation for COVID losses. Key points: The insurance industry has been denying small business claims for payouts for COVID losses It lost a test case into the issue last year It […]
EU Imposes Broad Economic Sanctions on Belarus Over Ryanair Incident | World News
BRUSSELS (Reuters) -The European Union imposed wide-ranging economic sanctions on Belarus for the first time on Thursday, targeting its main export industries and access to finance a month after it forced a Ryanair flight to land in Minsk. The measures include banning EU businesses from importing goods or doing business […]
ATFX Connect Appoints Steve Whittet as Institutional Sales Director
Steve Whittet who is a well-known and highly respected figure in the FX Market previously Head of Institutional at ADSS and GKFX, has joined ATFX Connect, the global brokerage with a presence in various countries across the globe. Steve has a wealth of knowledge and experience of the institutional market, […]
Raghuram Rajan, Esther Duflo to be part of Tamil Nadu’s Economic Advisory Council
The Tamil Nadu Economic Advisory Council will include former Reserve Bank of India (RBI) governor Raghuram Rajan, Nobel laureate Esther Duflo, former CEA Arvind Subramanian, development economist Jean Dreze and former Union Finance Secretary S Narayan. Former RBI governor Raghuram Rajan (Left) and Nobel laureate Esther Duflo. The Tamil Nadu […]