Former Miami Heat player Dwyane Wade addresses the crowd during his jersey retirement ceremony at American Airlines Arena on February 22, 2020 in Miami, Florida. Michael Reaves | Getty Images Dwyane Wade likes taking chances when it comes to business. The retired three-time NBA champion, 40, has investments in media companies and consumer products. Wade,
Business
In this article LUNA.CM= UST.CM= USDT.CM= The entire stablecoin market is now worth more than $160 billion. Justin Tallis | AFP via Getty Images Regulators are getting increasingly worried about stablecoins after the collapse of controversial cryptocurrency venture Terra. TerraUSD, an “algorithmic” stablecoin that’s meant to be pegged one-to-one with the U.S. dollar, has erased
Actor/Voice Artist/Comic artist Rusty Gilligan has just released his art through NFT Drop. Rusty Gilligan began his entertainment career as an actor in NY, first appearing on Broadway and then moving to California to appear on television in such productions as “Little House on the Prairie”, “Family Affair”, “Police Woman”, and Disney including the original
In this article OTLY BYND In this photo illustration Oatly oat milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Wall Street appears to be souring on plant-based substitutes. Shares of Beyond Meat and Oatly have shed more than half their value this year. The stocks are both high-profile
In this article TWTR AFRM HOOD Traders work on the floor of the New York Stock Exchange. NYSE Check out the companies making headlines in midday trading. Twitter — Shares of the social media platform slid 8% after Elon Musk said his take-private deal is on hold until he receives more information about how many fake accounts
Affirm Holdings Chairman and CEO Max Levchin told CNBC that despite the market’s poor performance this year, U.S. consumers – and Affirm’s customers – are spending healthily. “The U.S. consumer is alive and well. They’re shopping, they’re buying, they’re paying their loans, at least to Affirm quite well. Generally speaking, things are going according to
Tether has long faced questions over whether it has enough assets to justify its peg to the dollar. Tiffany Hagler | Bloomberg via Getty Images Tether, the world’s largest stablecoin, regained its peg to the dollar after more than $3 billion worth of tokens left the system in a single day. The cryptocurrency — which
Loading chart… Harley-Davidson Inc: “We’re going to have to take a pass on it. … Even though it’s cheap, it’s not what we want.” Loading chart… Talos Energy Inc: “It’s a little small for me, but it’ll do the job. … I think you’ll do fine in that one.” Loading chart… AT&T Inc: “AT&T is
One of the keys to running a successful business is how you manage your taxes. Just like you wouldn’t like to spend too much on manufacturing products, you would also not want to spend more than required on taxes. Most businesses want to lower their taxes as much as they possibly can. There is nothing
(Click here to subscribe to the Delivering Alpha newsletter.) With $1.5 trillion in assets, Franklin Templeton is among America’s top 10 asset managers, and growing. Over the last few years, the firm has acquired asset manager Legg Mason, custom index provider O’Shaughnessy Asset Management, and secondary private equity investor Lexington Partners, among others. President and CEO Jenny
In this article GS TSLA Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during a discussion with reporters at the Automotive News World Congress, the electric vehicle magnate described hydrogen fuel cells as “extremely silly.” Jim Watson | AFP
Stock futures were slightly higher Wednesday evening after the latest CPI data showed inflation is still running hot. Futures tied to the Dow Jones Industrial Average added 17 points, or 0.05. S&P 500 futures inched higher by 0.03%. Nasdaq 100 futures were down by 0.01%. Disney shares fell about 2% after hours despite strong earnings
In this article MCD The logo for McDonald’s is seen on a restaurant in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters McDonald’s franchise owners are expressing concern and frustration over a new grading system the fast food giant is planning to roll out early next year, with some saying it is poor timing
Alison Greenberg is the CEO and Co-founder of “Ruth Health,” an innovative perinatal telehealth hub and comprehensive care platform built for women by women. “Ruth Health”is revolutionizing women’s healthcare for prenatal, perinatal, and postnatal care by empowering women with the proper care and access to support the birthing experience. Alison leveragesher experience in both health
In this article BTC.CM= LUNA.CM= ETH.CM= Bitcoin, the world’s largest cryptocurrency, has fallen over 50% since setting an all-time high of nearly $69,000 in November. Dan Kitwood | Getty Images The two main tokens from embattled crypto project Terra are now in freefall. UST, a so-called stablecoin that’s meant to maintain a $1 peg, plunged
Loading chart… Mission Produce Inc: “I want you to be very careful with that.” Loading chart… AmerisourceBergen Corp: “They are a very inexpensive, terrific, profitable company that I like very much.” Loading chart… Funko Inc: “Many of us were confounded that the stock went down as low as it did.” Loading chart… AECOM: “This is
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday, Feb. 13, 2020. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller pledged Tuesday that the rate-setting group wouldn’t make the same mistakes on inflation
What kind of life is molded when you remove societal norms and are raised traveling the world? If you were given the choice to live now, to be who you wanted to be now, but, as a child, how much different would life be as an adult for you today? This pivotal conversation is just