Sat.Nov 05, 2022

article thumbnail

How Fossil Fuel Divestment Falls Short

CFO News Room

Divesting from fossil fuel assets makes a big statement. Its impact, however, is murkier. Selling off an asset requires someone else to buy it, which, in the case of fossil fuels, can mean breathing new capital into the exact assets companies are trying to choke. But there’s another approach: running those assets into the ground. By holding onto fossil fuel assets, investors can resist efforts to improve their output and extend their lives.

article thumbnail

MiB: Edward Chancellor on the Real Story of Interest 

Barry Ritholtz

This week, we speak with financial historian Edward Chancellor. He is currently a columnist for Reuters Breakingviews and an occasional contributor to the Wall Street Journal and MoneyWeek. In 2008, he received the George Polk Award for financial reporting. Chancellor is the author of “ Devil Take the Hindmost: A History of Financial Speculation.” His new book “ The Price of Time: The Real Story of Interest ” is a nominee for FT’s 2022 Business Book of the Year.

Valuation 118
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

DraftKings, Cinemark, Hershey and more

CFO News Room

Check out the companies making headlines before the bell: DraftKings (DKNG) – DraftKings fell 12.5% in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that topped Wall Street forecasts. The sports betting company also raised its revenue guidance and warned a prolonged economic downturn could impact spending by its customers.

article thumbnail

This Week On TRB

The Reformed Broker

Just wanted to start by saying thanks to everyone who made a donation to our Long Island Cares food drive for Thanksgiving. The money really goes a long way, we’re going to be making a big difference in the lives of people who need help this holiday season. We shattered the goal dollar-wise and I’m hoping to see a few hundred donated meals this weekend at our drop.

111
111
article thumbnail

How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

article thumbnail

10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of BeanBox coffee, grab a seat on the settee, and get ready for our longer-form weekend reads: • Jony Ive on Life After Apple : The mastermind behind Apple’s most iconic products reveals how his design philosophy guides collaborations at his creative collective, LoveFrom. ( Wall Street Journal ). • Bitcoin mining in the crypto crash — the mining companies’ creative accounting : Bitcoin miners used to be ruthless economic agents, in it for the money.

More Trending

article thumbnail

Deutsche Bank Faces Threat of Fines Over Money-Laundering Controls

CFO News Room

Germany’s top financial watchdog threatened to fine Deutsche Bank AG if it doesn’t implement controls against money laundering by a set deadline, suggesting the regulator isn’t satisfied with the bank’s efforts to police dirty-money flows. BaFin, as the regulator is known, said late Friday that on Sept. 28 it told Deutsche Bank to take specific measures to prevent money laundering and terrorism financing so it could fulfill requests BaFin had made in 2018 and 2019.

Banking 100
article thumbnail

Weekend Reading For Financial Planners (Nov 5-6) 2022

CFO News Room

Executive Summary. Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that as part of the ongoing integration between the merged companies, Charles Schwab plans to transition advisors currently on the TD Ameritrade custodial platform to Schwab’s platform over Labor Day weekend 2023.

article thumbnail

Politicians and Their Reasons | AIER

CFO News Room

By now, the world is painfully aware of the ordeal facing Sri Lankans. In Sri Lanka, schools are closed, fuel is limited, and food is scarce. In spring of 2022, nine in ten families were skipping meals, but the country was unable to buy the goods it needed from abroad. Consequently, protests have ensued since March. Sri Lanka owes more than $51 billion USD to foreign lenders, of which $6.5 billion is owed to China.

article thumbnail

Links 11/5/2022 | naked capitalism

CFO News Room

Making daylight saving permanent could drastically reduce deer collisions, study finds NBC. Resilc: “I’m all for more dead deer. They kill all kinds of new forest growth by over population. Death to Bambi.”. CATCHING TIGERS IN RED WEATHER AND THE FALLING HUMAN Circus Bazaar (David L). #COVID-19. Science/Medicine. SARS-CoV-2 Omicron’s newest subvariant BQ.1.1 shows extraordinary immune evasion potential against vaccine sera News-medical.net.

Math 130
article thumbnail

Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.