As part of a wider, international recall the giant Japanese automobile manufacturer, Toyota, is recalling 1.8 million vehicles for a variety of safety reasons. By the time the global recall is over at least6.39 million vehicles will have been sent back to the factory for repairs. In the United States the recall involves 1.3 million… Continue Reading
The National Cyber Security Alliance (NCSA) and Symantec recently launched a survey of US small businesses which revealed that although most believe they are safe from hackers and malware, their online security policies are extremely weak. As a result, small businesses are especially vulnerable. The survey offers eight tips for improving online safety and ensuring… Continue Reading
Alibaba Group Holding Ltd. recently announced an impending investment of $692 million in a Chinese department store operator. The Chinese e-commerce empire is hoping to expand its reach to customers who prefer to shop in-store. The investment in Intime Retail Co. Ltd. will come in two parts. Alibaba will purchase $214 million in shares as… Continue Reading
Customized managed portfolio strategies involving low-cost exchange traded funds (ETFs) are continuing to attract advisors and investors in 2014. A recent report from Morningstar revealed that ETF-managed portfolios saw a 40% increase in assets last year, reaching $96 billion. Other strategies with more than half of their assets in ETFs had similar results. ETFtrends.com explains… Continue Reading
American Express recently announced its plans to sell 50% of its Global Business Travel division for $900 million. Though American Express will hold on to a 50% stake, the venture will split from the rest of the company and be managed by an investor group led by Certares LP. Other group members include Qatar Holdings,… Continue Reading
Investment tycoon Warren Buffet recently shared an exclusive clip from his letter to Berkshire Hathaway shareholders, in which he lists the “fundamentals of investing”. Fortune Magazine shared Buffet’s points with the following bullets: You don’t need to be an expert in order to achieve satisfactory investment returns. But if you aren’t, you must recognize your… Continue Reading
MtGox, the online home of what was one of the largest Bitcoin exchanges, was left blank yesterday morning. The unavailable content revealed that the exchange is on the verge of collapse- in fact, a number of Bitcoin companies stated that MtGox intended to file for bankruptcy after an apparent major theft and technical problems. The… Continue Reading
Smart investing is often based on a solid knowledge of past trends and educated guesses about the future. Professional financial advisors, therefore, must keep abreast of the influences on the marketplace, in addition to having a thorough understanding of what has come before. In order to assist professional advisors and investment managers, Rep., an online… Continue Reading
US stocks had an extremely positive year last year, but 2014 has already begun to shows signs of unpredictability. Reactions are mixed, with some claiming a correction is imminent while others believe the market can still improve. A more recent concern is of contagion from emerging markets. CIO at JP Morgan Private Bank Richard Madigan… Continue Reading
GoldieBlox, a small business that makes toys for young girls, is thrilled to have won the grand prize in a small business competition by Intuit. Now, the business is preparing to launch a 30-second Super Bowl commercial during the game’s third quarter. GoldieBlox toy sets include a book, blocks, wheels, cranks and additional parts for… Continue Reading