Business Tips

Business Tips

Deutsche Bank bullish about a global economic recovery in 2021

Traders work the floor of the New York Stock Exchange. NYSE LONDON – Deutsche Bank advanced its global growth outlook for 2021, but warned that two major risks could still worsen the economic recovery from the coronovirus crisis. In the bank’s latest report on Wednesday – titled “Hope on the Horizon” – Deutsche Bank researchers updated their calls in recent …

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Former World Bank President James Wolfensohn dies at 86

Post: Former President, World Bank, during his tenure as President of the World Bank, James Wolfenson was also a victim of public pie-ing. Wolfenson had a pie stain on his face and the other pie was simultaneously thrown at him by two members of the “Artic Pie Team” during a press conference in Helsinki, Finland. The incident occurred in March …

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Amazon gives front-line workers a $300 holiday bonus

An amazon warehouse Getty Images Amazon announced on Thursday that “at the peak of the holiday season”, is offering one-time bonuses to front-line workers for sharing its appreciation for its work. In a blog post, Amazon’s senior vice president of retail operations Dave Clarke said full-time operational employees who are employed by the company from December 1 to December 31 …

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Trump says he will leave White House if Electoral College votes for Biden

President Donald Trump attends a vote of thanks with military members of the United States at the White House in Washington, DC on November 26, 2020. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump said on Thursday that he would leave the White House if the presidential election voted for the Electoral College, the closest he has come …

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Gap, Nordstrom, Dell Technologies & more

Check out the companies making headlines after hours on Tuesday: HP Inc. – Computer hardware builder shares jumped more than 7% in after-hours trading on the back of strong-to-expected quarterly results. HP Inc. earned 62 cents per share on revenue of $ 15.26 billion. According to Refinitiv, analysts forecast 52 gains per share on revenue of $ 14.72 billion. The …

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OxyContin maker Purdue Pharma pleads guilty in criminal case

Purdue Pharma headquarters is located in Stamford, Connecticut on April 2, 2019 in downtown Stamford. Drew Anger | Getty Images Purdue Pharma on Tuesday pleaded guilty to three criminal charges, formally acknowledging its role in an opioid epidemic that has contributed to hundreds of thousands of deaths over the past two decades. In a virtual hearing with a federal judge …

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DoorDash settles with DC AG over claims it misled users

A DoorDash Inc. delivery person places an order in an insulated bag at Chef Geoff’s Restaurant in Washington DC Andrew Harrer | Bloomberg Getty Images Dordash claimed a $ 2.5 million agreement with the Attorney General of the District of Columbia to mislead consumers about how it would allocate suggestions for workers, the AG’s office announced on Tuesday. AG Carl …

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JPMorgan Chase pays $250 million penalty over weak controls in its wealth management division

Justin Sullivan | Getty Images JPMorgan Chase agreed on Tuesday that a US regulator had to pay a $ 250 million fine after finding “a pattern of malpractice” in its property and wealth management division. The Office of the Comptroller of the Currency said in a release that the New York-based bank’s risk management controls were “lacking” and that the …

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Tesla, Dollar Tree, Carnival, Best Buy and more

A salesman carries a Best Buy shopping cart in San Francisco, California. Getty Images Check out the companies making headlines in afternoon trading. American Airlines, United Airlines, Carnival – Airlines and cruise stocks rose on Tuesday as stocks tied to an economic recovery continued to rise following a series of positive vaccine announcements. Shares of both American and United jumped …

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A record 19.4 million homeowners can now save on a mortgage refinance

The average interest rate on the popular 30-year fixed mortgage has set a record 13 times lower so far this year. It was redone last week. This has given current homeowners unprecedented ability to save on their monthly payments through refinancing. The number of “high-quality” mortgage refinance candidates rose to 19.4 million, with Freddie Mac’s latest record low of a …

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