News The Latest: Georgia’s Abrams contrasts Dems in SOTU response The Associated Press ORDER REPRINT → February 05, 2019 11:12 PM Trump pushes for border wall in State of the Union address President Trump emphasized the importance of a border wall during his State of the Union address and said he will "get it built." By Up Next × SHARE President Trump emphasized the importance of a border wall during his State of the Union address and said he will "get it built." By WASHINGTON The Latest on President Donald Trump’s State of the Union address (all times local): 11 p.m. Former Georgia gubernatorial candidate Stacy Abrams is declaring that the recent partial federal government shutdown was “a stunt engineered by the president of the United States.” Democrats tapped the former Georgia House minority leader deliver their party’s response to President … [Read more...] about The Latest: Georgia’s Abrams contrasts Dems in SOTU response
Latest braces technology
Investors brace for China tech funding ‘down rounds’
By Kane Wu and Julie Zhu HONG KONG (Reuters) - Investors are bracing for a series of “down rounds” in China’s much-hyped tech sector as weak stock markets worldwide and the country's economic slowdown weigh on once-buoyant private markets. Falling valuations risk denting investor enthusiasm for future funding rounds - potentially limiting the amounts startups are able to raise. One senior tech-focused dealmaker estimated that targeted valuations have fallen between 20 and 40 percent in China's tech space over the last three months alone. This week Maoyan Entertainment, China’s top movie ticketing app, became the latest example of the trend as the Hong Kong initial public offering of the group backed by Tencent Holdings Ltd valued the company at $2.16 billion (1.65 billion pounds) - more than a quarter below the valuation reached in its last 2017 funding round. Valuations of some sizeable unicorns - startups with at least a billion-dollar valuation - have also … [Read more...] about Investors brace for China tech funding ‘down rounds’
Small banks brace for deposit wars as interest rates rise
By Rachel Louise Ensign The Wall Street Journal Allison Prang Sun., Dec. 16, 2018 Rising interest rates were supposed to help banks. They are hurting many of them instead. Three years after the Federal Reserve began raising rates from near zero, bank customers are starting to demand more interest on their deposits, particularly at small and regional U.S. banks. Many of these same banks ramped up lending after the financial crisis by adding long-term, low-rate loans. Now, as they pay out more to depositors, the rates they are earning on loans are barely moving. Pinched banks can be found across the country. They include 34-branch Banc of California Inc., where interest costs rose 68% over the last year as it paid up to attract depositors; Southern National Bancorp of Virginia Inc., which is now paying 2.25% interest on certain checking accounts while national lenders continue to pay effectively 0%; and New York Community Bancorp Inc., whose deposit costs are rising … [Read more...] about Small banks brace for deposit wars as interest rates rise
With Girlboss, Sophia Amoruso Is Using Past Failures to Fuel Her Latest Success
And she's launching a brand new social network to help other women thrive. Liz Brody Published 8:00 am CDT, Thursday, September 20, 2018 Photo: Emily Shur Photo: Emily Shur Image 1 of / 1 Caption Close Image 1 of 1 Photo: Emily Shur With Girlboss, Sophia Amoruso Is Using Past Failures to Fuel Her Latest Success 1 / 1 Back to Gallery During the spring of 2017, the world was getting nasty toward Nasty Gal’s Sophia Amoruso. It wasn’t a treatment she was used to. Until then, she’d been an entrepreneurial darling: the It-girl founder of a booming clothing retailer, frequent subject of magazine covers (including Entrepreneur’s: January 2013), regular headliner of conferences and author of a … [Read more...] about With Girlboss, Sophia Amoruso Is Using Past Failures to Fuel Her Latest Success
US stocks keep climbing; technology companies lead
US stocks keep climbing; technology companies lead Marley Jay, Ap Markets Writer August 7, 2018 Updated: August 7, 2018 9:21am Photo: Mark Lennihan, AP FILE- This Jan. 4, 2018, file photo shows the interior of the New York Stock Exchange. Stocks are opening higher on Wall Street on Tuesday, Aug. 7, as technology companies and banks put up some solid gains. FILE- This Jan. 4, 2018, file photo shows the interior of the New... NEW YORK (AP) — U.S. stocks are rising again Tuesday as strong company earnings lift the market. The benchmark S&P 500 index is up for the fourth day in a row and fifth out of the last six. Technology companies and banks are making some of the largest gains. Overseas markets are also higher. Express Newsletters Get the latest news, sports and food features sent directly to your inbox. Sign up Most Popular 1 Three years in cost of attendance stipends paying off 2 … [Read more...] about US stocks keep climbing; technology companies lead