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From attracting gay and lesbian tourists to taking part in Pride marches, businesses and governments across Latin America are stepping up efforts to tap into the potentially lucrative pink dollar driving LGBT+ rights more into the mainstream. Ecuador this month officially launched the country's first LGBT Chamber of Commerce in Quito, the latest in a regional effort to highlight the LGBT+ market to the private sector. Mexico's Secretary of Tourism Miguel Torruco Marques this month signed an agreement with the International Gay and Lesbian Travel Association (IGLTA) to promote LGBT+ tourism.
Goldman Sachs Group Inc's credit card deal with Apple Inc is the latest move by the Wall Street investment bank to court mass-market consumers, potentially connecting Goldman with hundreds of millions of iPhone users. Goldman has been courting consumers since the 2016 launch of its online bank Marcus, and with its first credit card it is targeting fee-conscious ones.
The latest on developments in financial markets (all times local): 4 p.m. Solid gains by banks and technology companies drove stocks higher on Wall Street, erasing the market's losses from a day earlier. ...
Apple (AAPL) and Amazon (AMZN) are two of the largest companies on the planet. The tech powers have reshaped industries and changed the way millions of people function on a daily basis. But today, Apple and Amazon face possible transition periods as they try to expand their offerings to drive growth. So which stock, AAPL or AMZN, is a better buy?
General Electric Co on Tuesday reached a $49 million settlement to end a long-running lawsuit over its relationship with Thomas Petters, the Minnesota businessman serving a 50-year prison term for running a multibillion-dollar Ponzi scheme. The settlement between GE and a trustee for two bankrupt Florida investment funds known as Palm Beach Finance, who was seeking $651 million, was filed with the federal bankruptcy court in West Palm Beach, Florida. GE denied liability in agreeing to settle claims related to its General Electric Capital unit, one of Petters' lenders.
For 2018, the S&P 500 companies returned more than $1.2 trillion to investors, buying back a record $806.4 billion in shares thanks in part to a corporate tax bonanza.
In its latest reshuffling, (WFC) has named Tim Traudt interim head of wealth management starting next month. Traudt, who has been with Wells Fargo and a predecessor bank for 21 years, will replace Jay Welker, who previously announced he would retire at the end of March. The move comes several months after Wells Fargo ended an investigation into alleged gender bias in its wealth management division.
The Zacks Analyst Blog Highlights: Bank of America, Citigroup, Wells Fargo, Regional Financial and Citizens Financial
Many larger retailers have started to hit back against Amazon, leveraging their network of locations to offer services like reserve in-store and quick returns.
How Amazon and Alibaba Are Facing Competition(Continued from Prior Part)AmazonGo looks set for London opening Amazon (AMZN) has secured retail space in central London, where it plans to open its AmazonGo stores, according to The Grocer.
How Amazon and Alibaba Are Facing Competition(Continued from Prior Part)Amazon not done shaking up the pharmacy space Amazon (AMZN) recently began letting customers use funds in their special healthcare savings account to pay for purchases of
Goldman Sachs stuck to its estimates of Brexit outcomes on Tuesday after British lawmakers voted late Monday to seize control of the parliamentary agenda for a day to break the impasse in Britain's tortuous exit from the European Union. Although Adrian Paul, European economist at the U.S. bank, said he was sceptical the "indicative votes" planned for Wednesday would prove conclusive, he said they may pave the way for a softer Brexit. "Many of the options most likely to succeed point towards a "softer Brexit" than currently envisaged by the Prime Minister," he said.
of Goldman Sachs’ first credit card, in association with Apple, left a number of key questions unanswered — not least among them, how aggressive Goldman is prepared to be in offering credit as it seeks to win share in a corrosively competitive market? The Apple Card, which will roll out this summer on the Mastercard network, is Goldman’s first foray into credit cards and the ultimate impact on the bank’s financial results depends on how aggressive it is willing to be in extending credit. Its personal finance platform, Marcus, founded in 2016, has to date consisted of high-yield savings accounts, personal loans, and digital financial planning tools — all part of a strategy to attract stable, low-cost funding and diversify the bank’s sources of revenue.
Despite the 2019 climb, Square (SQ) stock rests 26% below its 52-week high, which gives the stock plenty of room to run. Plus, Square looks poised to grow as part of the larger fintech revolution that Apple (AAPL) and other FAANG firms hope to capitalize on.
Investing.com - Asian shares steadied in morning trade on Tuesday after tumbling the previous day amid escalating fears over the outlook for the global economy.
Apple Inc said on Monday it will launch a credit card with Goldman Sachs Group Inc this summer that can be used to earn cash back on the purchase of Apple products, but analysts suggest its rewards do not stand out among rivals. The Apple Card will sync with iPhone's users' Apple Wallet and work through its payment system Apple Pay, said Jennifer Bailey, vice president of Apple Pay. Cardholders will earn 2 percent cash back on all purchases made using their phones or 3 percent cash back on Apple products.
How Amazon and Alibaba Are Facing Competition(Continued from Prior Part)Pointing shoppers to cheaper productsAmazon (AMZN) has been quietly testing a shopping feature with pop-ups pointing shoppers to cheaper alternatives as they browse its
How Generic Pharmaceutical Stocks Are Positioned this Month(Continued from Prior Part)Analysts’ recommendations and target prices Wall Street analysts expect an upside potential of 26.56% for Mylan (MYL), based on the company’s closing price on