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February 27, 2020
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Stocks fall in volatile trading

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CNBC – For more and to sign up click here Dow Jones Industrial Average falls 128 points The Dow slid 128.05 points, or 0.44%, to 29,219.98. The S&P 500 dipped 0.38% to 3,373.23. The Nasdaq Composite pulled back 0.67% to 9,750.96. A wave of risk-off sentiment, coupled with some technical......
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Goldman Sachs decided to pass on E-Trade before Morgan Stanley snatched it up, sources say

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CNBC – For more and to sign up click here Goldman Sachs had plenty of chances to make an offer for discount brokerage E-Trade before rival Morgan Stanley made its $13 billion move, but the bank didn’t throw its hat in the ring, according to people with knowledge of the......
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Dow falls more than 200 points in rapid fashion

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CNBC – For more and to sign up click here Stocks fell on Thursday, with most of the losses coming in a sudden, rapid move midday.  Traders did not have an immediate reason for the decline other than possible technical factors and an increased risk-off sentiment stemming from fears of......
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Michael Novogratz explains why bitcoin may set all-time highs in 2020

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CNBC – For more and to sign up click here Bitcoin’s liquidity-driven rally is likely to continue throughout 2020, cryptocurrency investor Michael Novogratz told CNBC on Friday. “Right now bitcoin feels a little frenzied, and we could see it surge up, but I think by the end of the year......
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5 things to know before the stock market opens February 14, 2020

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CNBC – For more and to sign up click here 1. Dow to open higher after coronavirus concerns knocked stocks from record highs Traders work at the New York Stock Exchange, February 4, 2020. Bryan R Smith | Reuters U.S. stock futures were modestly higher Friday. Wall Street’s ever-changing level......
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Joe Biden hosts Wall Street donors at NY fundraisers as campaign struggles

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CNBC – For more and to sign up click here Democratic presidential candidate former Vice President Joe Biden addresses the crowd during a South Carolina campaign launch party on February 11, 2020 in Columbia, South Carolina. Sean Rayford | Getty Images Joe Biden is set to rally more than 250......
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It’s ‘folklore’ that Amazon wins in new industries

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CNBC – For more and to sign up click here Andy Jassy, CEO of Amazon Web Services, speaks at the 2019 CERAWeek by IHS Markit conference in Houston, Texas, on March 11, 2019. Aaron M. Sprecher | Bloomberg | Getty Images For all the chatter that Amazon is eating away......
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Goldman Sachs CEO Solomon says markets ‘don’t care’ yet about Sanders

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CNBC – For more and to sign up click here Goldman Sachs CEO David Solomon said that the stock market doesn’t yet care about Bernie Sanders’ surging campaign to become the Democratic presidential nominee. “Look at the markets,” Solomon told CNBC’s Deirdre Bosa on Wednesday. “The markets at the moment......
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Dow up 300, coronavirus-related names bounce, Tesla falls

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CNBC – For more and to sign up click here Medical officers spray Indonesian nationals with antiseptic as they arrive from Wuhan, China’s center of the coronavirus epidemic, and before transferring them to the Natuna Islands military base to be quarantined, at Hang Nadim Airport in Batam, Riau Islands, Indonesia,......
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China’s Hubei death toll hits 414

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CNBC – For more and to sign up click here Chinese residents line up to get a free protective mask at a local pharmacy on February 2, 2020 in Beijing, China. Kevin Frayer | Getty Images This is a live blog. Please check back for updates. All times below are......
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Goldman Sachs close to a deal with Amazon to offer loans to merchants

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CNBC – For more and to sign up click here David Solomon, Goldman Sachs, at Marcus event Goldman Sachs is in talks to offer small business loans to merchants on Amazon‘s sprawling e-commerce platform, according to a person with knowledge of the plan. The bank has been working on software......
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US raises travel warning, Singapore bans Chinese visitors

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CNBC – For more and to sign up click here Passengers wear face masks to protect against the spread of the Coronavirus as they arrive on a flight from Asia at Los Angeles International Airport, California, on January 29, 2020. Mark Ralston | AFP | Getty Images This is a......
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Goldman Sachs to offer consumers checking accounts next year through Marcus

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CNBC – For more and to sign up click here David Solomon, Goldman Sachs Adam Galica | CNBC Coming soon to your smartphone: a Goldman Sachs digital checking account. The bank is working to release a digital wealth management tool this year and a checking account in 2021, Goldman executive......
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Coronavirus outbreak tops 6,000 cases in China, exceeding SARS epidemic

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CNBC – For more and to sign up click here Commuters wearing protective masks walk through Hong Kong Station, operated by MTR Corp., in Hong Kong, China, on Wednesday, Jan. 29, 2020. Paul Yeung | Bloomberg | Getty Images This is a live blog. Please check back for updates. All......
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Goldman Sachs discloses higher financial targets at investor day

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CNBC – For more and to sign up click here David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs released new financial targets for higher returns at its first-ever investor day. The company said Wednesday in......
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outbreak has killed 106 people and infected nearly 4,700

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CNBC – For more and to sign up click here A patient is transferred by an ambulance to the Infectious Disease Centre of Princess Margaret Hospital on January 22, 2020 in Hong Kong, China. Anthony Kwan | Getty Images This is a live blog. Check back for updates. 11:15 am: US......
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Climate crisis investors putting money towards sustainable future

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CNBC – For more and to sign up click here 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......
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Goldman won’t take companies without at least one diverse board member

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CNBC – For more and to sign up click here 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 U.S. and Europe, we’re not going......
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Meet the man feeding the Davos elite

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CNBC – For more and to sign up click here DAVOS, Switzerland — Between 6,000 and 8,000 people, including world leaders, staff, security and the media are fed every day from the Davos kitchen during the World Economic Forum (WEF). But what do they eat? Well, they are not eating......
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Why companies like Google, Facebook and Uber pay hackers millions

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CNBC – For more and to sign up click here The term “hacker” generally brings to mind a lonesome, hooded figure, operating in the dark, stealing our money or personal information. But the past decade has given us reason to rethink this stereotype. A new type of hacker is on......

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