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Monday, February 24, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: investors

Big investors up call for governments to take climate action

More than 600 institutional investors managing a whopping $37 trillion in client assets called Monday for governments to step up their efforts against climate change.

UPDATED: Fri., March 15, 2019

SEC charges Volkswagen, former CEO with defrauding investors

The SEC said that between April 2014 and May 2015, Volkswagen issued more than $13 billion in bonds and asset-backed securities in U.S. markets when senior executives knew that more …

UPDATED: Tue., Jan. 22, 2019

Judge denies Cip Paulsen request to take back marijuana company amid debts, legal concerns

Cip Paulsen, the former federal inmate who obtained one of the county’s first licenses to legally grow marijuana, had his business stripped by the courts in November. A bid to …

UPDATED: Tue., Jan. 8, 2019

Stocks rise again as investors hope for trade breakthrough

Stocks rise for the third day in a row, led by industrial, technology, internet and energy companies as representatives from the U.S. and China continue their latest round of trade …

Macy’s investors not buying Macy’s sales rebound

Macy’s raised its annual profit forecast as the department store reported an unexpected increase in a key sales measure.

UPDATED: Tue., June 5, 2018

Starbucks investors nervously contemplate life post Schultz

Starbucks is losing its longtime visionary leader, and Wall Street isn’t confident of what’s ahead.

MGM chief executive rips ‘hypocritical’ investors on diversity

MGM Resorts International has increased the number of women in management and invested in solar panels to power its casinos. Chief Executive Officer James Murren says investors don’t care enough.

Investor group cancels deal to buy Weinstein Co.

A group of investors pulled out of a deal to buy the beleaguered Weinstein Co. on Tuesday after discovering tens of millions of dollars in undisclosed debt, according to people …

UPDATED: Tue., Feb. 20, 2018

Investors big winners as companies allocate tax savings

The biggest tax rewrite in three decades was sold by its Republican backers as a way to help American workers, and there have been plenty of announcements about bonuses and …

Jim Carrey says users should yank their Facebook accounts

Jim Carrey is encouraging Facebook users and investors to delete their account.

Twitter makes money for first time ever, but problems remain

Twitter made money for the first time in its nearly 12-year history, a milestone that satisfied investors in the short term but might not resolve the company’s broader problems any …

UPDATED: Tue., Feb. 6, 2018

Investors reacquaint themselves with turmoil in the markets

What should investors do? Here are a few answers to common questions.

UPDATED: Mon., Jan. 8, 2018

Apple investors urge action to curb child gadget addiction

Two major Apple investors have urged the iPhone maker to take action to curb growing smartphone addiction among children, highlighting growing concern about the effects of gadgets and social media …

Another milestone for stocks: Most boring market in decades

The last time stocks sailed through such an uneventful first seven months was when a group of burglars was arrested for breaking into the Watergate complex in 1972. Broaden the …

UPDATED: Mon., July 17, 2017

Netflix still piling up viewers and big programming bills

Netflix is pulling in new viewers and award nominations in droves, but the online video service still faces a long-term problem: Its acclaimed programming line-up is costing far more money …

Founder of disastrous Fyre Festival arrested, charged with fraud

One of the organizers of the disastrous Fyre Festival has been arrested and charged with wire fraud, according to the U.S. Attorney’s Office for the Southern District of New York.

Many women think men are the better investors; they’re not

After checking how 8 million of its customers did during 2016, Fidelity Investments found that women earned 6.4 percent on their portfolios. Its male customers made slightly less: 6 percent.

‘America First’ doesn’t have to mean ‘American Only’ 401k

“America First” is President Trump’s economic policy. But that doesn’t mean investors should set their 401(k) accounts to “America Only.”

Investors proving bullish on Trump

Investors are pushing U.S. stock markets to new heights in what some are calling the “Trump rally,” anticipating that the president-elect will work with the Republican-led Congress to lower taxes …

Silver ETF investors exit as bear market looms on rate concerns; others drop gold

With traders pricing in near certainty that U.S. borrowing costs will rise next month, silver investors are heading for the exit.

Investors flee emerging markets after Trump victory

Investing in Mexico, China and other emerging markets has never been for the fainthearted. Big swings have been a hallmark, caused by everything from the 1994 “tequila crisis” where Mexico …

Stocks fade as nervous investors watch 2016 election

Stocks closed broadly lower on Tuesday, as nervous investors continued to monitor the run-up to the 2016 election, which is turning out to be closer than previously expected.

U.S. stocks barely budge ahead of monthly jobs report

U.S. stocks wavered Thursday and finished barely higher as an interest rate cut by the Bank of England, a move intended to shore up the British economy, wasn’t enough to …

Froma Harrop: Suckers for Trump need to believe

The skilled con artist knows how to identify chumps and work their emotions.

Wal-Mart’s earnings test investor patience

Wal-Mart is spending billions of dollars to pay its hourly workers more and spruce up its stores and online services. But its fourth-quarter results show that it’ll take time to …

Stocks rise for second straight trading day

Stocks rose Tuesday as the market notched its second sizable gain in a row. Retail and industrial stocks made the biggest gains as they were lifted by company earnings, some …

Warren Buffett’s chosen index fund still beating hedge funds in bet

Warren Buffett continues to hold the lead in his bet that most investors are better off in a stock index fund than in a sophisticated hedge fund that charges hefty …

Stocks lose more ground as jobs report disappoints

The Dow Jones industrial average fell 211.75 points, or 1.3 percent, to 16,204.83. The Standard & Poor’s 500 index lost 35.43 points, or 1.9 percent, to 1,880.02 and the Nasdaq …

What’s ahead for volatile stocks?

If the No. 2 officer of the U.S. central bank isn’t sure what’s around the corner with regard to the factors buffeting stock prices – namely sharply lower oil prices, …

Valley man denies SEC fraud charge

A Spokane Valley businessman is fighting aggressively against federal accusations that he duped investors with claims of huge financial gains and instead spent thousands on vacations, gifts and gambling. Daniel …