President Joe Biden has issued an executive order aimed at implementing stricter regulations on U.S. investment in high-tech Chinese companies. These restrictions will primarily target private equity and venture capital firms and focus on Chinese companies specializing in advanced technologies with military applications, such as quantum computing, artificial intelligence, and … [Read more...] about New Restrictions on U.S. Investment in Chinese High-Tech Companies
Forex News
QBE Shares Fall After Decline in First-Half Results
QBE, a general insurer, experienced a drop in its first-half insurance operating results, causing its shares to fall on Thursday. The company's shares initially hit a low of A$14.96 before declining by 2.4% to 15.23 Australian dollars (US$9.94), marking it as one of the worst performers on the ASX 200 during this trading session. While QBE's net profit for the six months ending … [Read more...] about QBE Shares Fall After Decline in First-Half Results
Income Investing: The Evolving Landscape
Income investors were traditionally drawn to dividends, a portion of a public company's profit distributed to stockholders. Real estate investment trusts (REITs) were particularly attractive, as they were required by tax law to distribute most of their profits as dividends. However, with risk-free Treasuries offering coupons of 4% to 5%, one might question the need to scramble … [Read more...] about Income Investing: The Evolving Landscape
Yeti Holdings Reports Mixed Results for Q2 2023
Shares of Yeti Holdings Inc. (YETI) witnessed a 1.9% increase in premarket trading on Thursday, following the release of the company's second-quarter financial results. Yeti, known for its high-quality drinkware, coolers, and outdoor products, reported a slight miss on revenue expectations while surpassing profit estimates. As a result, the company has raised its full-year … [Read more...] about Yeti Holdings Reports Mixed Results for Q2 2023
LA Live to Host the 75th Emmy Awards
LOS ANGELES (AP) — The highly anticipated 75th Emmy Awards, delayed due to a strike, will now take place on January 15th at the Peacock Theater in downtown Los Angeles. This shift in date positions the awards show within Hollywood's prestigious awards season, a refreshing change for industry professionals and viewers alike. A Strategic Rescheduling The decision to move the … [Read more...] about LA Live to Host the 75th Emmy Awards
