Citigroup Inc said Jud Linville, head of global cards and consumer services, is leaving the bank as part of a reorganization of executives in its global consumer banking businesses.
Jan Dehn, Ashmore Group head of research, and Danny Tannenbaum, PwC global sanctions leader, discuss the global equity and currency market impact of Turkey’s currency crisis. …read more […]
The Saudi sovereign wealth fund could be the key player in taking Tesla private, according to a recent account from CEO Elon Musk. Depending on how a possible deal shakes down, Tesla and Musk could see a massive funding boost, freed from market constraints. On Monday, Tesla CEO Elon Musk provided some additional detail on his plans to take Tesla private. …read more […]
Visitors to Turkey flocked to its high-end shops to snap up bargains on Monday, their purchasing power buoyed by a currency crisis as the country’s lira sank to a record low beyond 7 per dollar.
German Chancellor Angela Merkel urged Turkey on Monday to ensure the independence of its central bank as other senior officials said that Turkey’s economic woes were causing great concern.
The National Retail Federation on Monday raised its U.S. retail sales forecast for 2018, citing higher wages, gains in disposable income and a strong job market that have boosted consumer spending.
Wells Fargo is looking to help solve the $1.4T government student loan debt by allowing graduates to trade them in for private ones. Yahoo Finance’s Alexis Christoforous, Ethan Wolff-Mann, and Melody Hahm break down the details. …read more […]
Aug.13 — Travis Lenkner, managing partner at Keller Lenkner, discusses the class-action lawsuit brought by Tesla Inc. shareholders who purchased stock in the wake of Elon Musk’s tweet on potentially taking the company private. He speaks with Bloomberg’s David Westin on “Bloomberg Daybreak: Americas.” …read more […]
Yahoo Finance’s Jared Blikre breaks down all the market action. …read more […]
Elon Musk defended his “funding secured” tweet in a company statement on Monday. Musk said the Saudi Arabian sovereign wealth fund had brought up taking Tesla private multiple times for almost two years. …read more […]
U.S. stock indexes inched higher on Monday as shares of technology companies gained, offsetting a plunge in the Turkish lira that weighed on shares of big U.S. lenders.
Elon Musk confirms the Saudi sovereign wealth fund has expressed interest in helping take Tesla private. Yahoo Finance’s Alexis Christoforous speaks with Rick Newman, Dion Rabouin and Art Hogan of B. Riley FBR about what it means. …read more […]
In a blog post, Musk said the Saudi fund had been pushing to take the electric carmaker private in talks dating back nearly two years and also backed the deal last week. “I continue to have discussions with the Saudi fund, and I also am having discussions with a number of other investors, which is something that I always planned to do since I would like for Tesla to continue to have a broad investor base,” Musk wrote. …read more […]
Tesla Chief Executive Elon Musk said on Monday he was still in talks with potential backers of a possible buyout of the company, including Saudi Arabia’s sovereign wealth fund, but had not completed securing the funding.
My chief complaint is that many professional hosts dress beds with cheap, low-quality pillows, leaving me with a poor night’s sleep. If Airbnb or hosts don’t acknowledge and work toward fixing the issue, I’ll be using Airbnb less and less in the future. While traveling that much might have been prohibitively expensive in decades past, Airbnb, the popular home-rental service, has made traveling affordable. …read more […]
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