Tag: finance news

Do Airlines Make Money From First Class?

First class air travel has often been a playground for the rich and famous. On a first class flight from New York to Dubai on Emirates Airlines, wealthy passengers can sleep in private suites that feature floor-to-ceiling sliding doors, relax in the Airbus A380’s shower spa and drink limited edition champagne while eating mounds of…

Read MoreView 100 Comments

Investor predicts slow market growth in 2020

Read MoreView 100 Comments

Three Cities That Challenge Hong Kong’s Financial-Hub Status | WSJ

(guns firing) – [Erin] After a long summer of protests in Hong Kong, credit rating agency Moody’s changed its outlook for the city to negative. Banks, hedge funds and other financial specialists may now consider life outside Hong Kong, a place known for its liberal economy and direct access to China. So where could they…

Read MoreView 100 Comments

What Hong Kong Unrest Means For Asia’s Financial Hub

Scenes like this play out in Hong Kong almost every weekend now. It’s been this way since June 2019. Now the unrest is getting more and more violent. So what’s going on in Hong Kong? In April of 2019, Hong Kong’s government attempted to amend its extradition laws. The proposed changes would allow criminal suspects…

Read MoreComment

Why the tide is turning against Big Tech I FT

This is the week that the tide started to turn for Big Tech. In the US and Europe you’re seeing regulators push forward and force the Big Tech platform companies to make changes in their business model. Twitter over the last few days announced that it’s going to start policing political advertising. And now Facebook…

Read MoreView 9 Comments

Why Lyft Is Losing Money

Lyft just went public. At IPO, it was valued above $20 billion. It’s the first ride-hailing business to hit the market, beating next month’s expected IPO of bigger rival Uber. They’re also sort of known as the underdog and they’re probably the lesser known of the two major ride-hailing companies. So for them to get…

Read MoreView 13 Comments

How Square Makes Money

Square, Inc has grown from a scrappy payments startup to a $26 billion FinTech giant. Square shares soaring on Thursday. I love this stock. It’s Square SQ the payment technology company that can turn any smartphone or tablet into a credit card reader. Not bad for something that started off as a side project for…

Read MoreComment

How Amazon Makes Money

Amazon reported record profits in 2018, earning $10.1 billion in net income compared to just $3 billion in 2017. Considering the company hardly had any annual profit until 2016, this represents major growth. Whether that’s gap earnings, operating income, free cash flow, this company hit an inflection point at the beginning of 2018. It’s one…

Read MoreView 77 Comments

How Much Do NFL Draft Picks Make?

The NFL draft. It’s one of television’s biggest non-competitive sporting events, with ratings that beat out NBA playoff games. The annual draft is when pro teams fill their rosters with fresh talent, selecting top college players from around the country and from around the world. Eligibility for the draft is simple. A player needs to…

Read MoreComment

How Robinhood Makes Money

It’s a theme as old as money itself. The struggle between the rich and the poor. And it became especially apparent after the financial crisis. People were losing money hand over fist in the market, millions lost their jobs and their homes. Trust in Wall Street was at its lowest point in memory. People were…

Read MoreView 100 Comments