James Reinhart brought his part of the resale revolution to Wall Street on Friday, taking ThredUp public with a pitch to make the fashion world more sustainable. Shares of ThredUp, which helps consumers clean out their closets and sell secondhand, jumped 42.9 percent from the initial public offering price of $14 to trade at $20 […]
Kashia Campbell earned top grades from her patient care technician program at Florida Career College. So she was shocked to find that, upon graduation, she was blocked from the exam to get certified in the field. The problem was a $6,500 private loan she had taken out from the college to help her cover tuition. […]
NEW YORK (Reuters) -A U.S. government plan to upgrade the nation’s infrastructure could further fuel the stock market’s rally, but skepticism about a massive spending package navigating political obstacles and the speed of any benefits filtering into the economy stand to temper any enthusiasm.FILE PHOTO: People are seen on Wall St. outside the New York […]
LONDON – After the sudden blackout on H&M in China, Nike, Uniqlo, and Adidas have slid into the hot seat as new targets over their stance to remove Xinjiang cotton out of their supply chains. On Wednesday, the Swedish fast-fashion brand was suddenly removed from all major Chinese e-commerce platforms including Tmall, Taobao, JD.com, and […]
FILE PHOTO: Bruce Linton, Founder and Co-CEO of Canopy Growth, speaks to CNBC on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 7, 2019. REUTERS/Brendan McDermid(Corrects headline to say direct listing, not IPO) (Reuters) – U.S.-based Gage Cannabis Co, led by veteran marijuana industry executive Bruce Linton, is pursuing […]
FILE PHOTO: Bruce Linton, Founder and Co-CEO of Canopy Growth, speaks to CNBC on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 7, 2019. REUTERS/Brendan McDermid(Corrects headline to say direct listing, not IPO) (Reuters) – U.S.-based Gage Cannabis Co, led by veteran marijuana industry executive Bruce Linton, is pursuing […]
In spite of family drama with her daughter, Kellyanne Conway maintains a net worth of $39 million. She sold The Polling Company for a total of $1 million to $5 million. She didn’t pay taxes on the sale of the company due to a political loophole. Kellyanne Conway was the senior counselor to former President […]
Treasury Secretary Janet Yellen and Jerome H. Powell, the Federal Reserve chair, will appear again before Congress on Wednesday, this time before the Senate Banking Committee. On Tuesday, Ms. Yellen and Mr. Powell appeared before the House Financial Services Committee to testify on the economic recovery from the pandemic. Mr. Powell told lawmakers that the […]
LONDON (Reuters) – Global shares eased on Wednesday as optimism over the pace of recovery from COVID-19 that propelled markets to record highs was fizzling out in the face of more lockdowns in continental Europe.A trading screen is seen following the opening of the markets by British Chancellor of the Exchequer Philip Hammond and Chinese […]
HONG KONG (BLOOMBERG) – AIA Group is nearing a deal to buy the life insurance unit of Bank of East Asia, the Hong Kong-based lender whose shareholders include Paul Singer’s Elliott Management Corp, according to people familiar with the matter. The insurance giant has emerged as the likely buyer for the assets after beating out […]