The merger of the Siebert Cisneros Shank & Co. and the Williams Capital Group investment banks are merging to form Wall Street’s largest woman- and minority-owned firm. The new entity will be led by Chief Executive Suzanne Shank, who is describing the move as a merger of equals. Shank is the only African-American woman to run a… Continue Reading
The New Jersey Office of Export Promotion announced that it has been awarded $900,000 in federal funds, for a program that supports small-business owners looking to export goods. This is the largest in the program’s history, from the U.S. Small Business Administration (SBA) through the State Trade Expansion Program (STEP). The program has assisted hundreds… Continue Reading
Big companies are picking seasoned veterans for the most senior financial positions as they face challenges related to changing technologies, shifting consumer tastes, and economic outlooks. Corporate recruiters say the average age of CFOs has increased significantly this year: Finance chiefs at Fortune 500 and S&P 500 companies averaged 52.8 years in 2019. That’s five… Continue Reading
According to a recent article from The Associated Press, the “benchmark for most other investments” are US Treasury bonds. It is these which are thus regarded “among the closest approximations to a “safe” investment in the financial system.” The problem thus is when prices for these start to drop, resulting in a jump in the… Continue Reading
What makes a company, or a business idea, successful? When a business is in its infancy, there’s often a fine line between success and failure. An important guiding principle for companies is to build a strength-based model that focuses on previously developed talents and skills. Many successful companies have grown from one individual’s expertise. Mrs.… Continue Reading
Once Treasury Secretary Steven Mnuchin declared that the trade war was “on hold,” futures took a huge jump. Following discussions and negotiations, they reached a “very comprehensive framework agreement that needs to be implemented” with a large variety of components. One of these has been Trump’s focus on trade deficit reduction through the significant increase… Continue Reading
While the beginning of 2017 did not look all that good for the emergence of new hedge funds in Asia, the tables seem to be substantially turning. One of the ways in which they are doing this according to a recent Bloomberg article, is by “striking out on their own.” Examples of this action include:… Continue Reading
Mike Pence recently discussed the implications of a strong dollar on the American economy. Continue Reading
Adidas recently revealed a 31% increase in yearly sales in North America, while its competitors have reported losses of up to 3%. According to Nike and Under Armour, the athletic market is becoming more difficult to navigate, but Adidas’ gains indicate that that isn’t the case. Mark King, head of Adidas North America, explained that… Continue Reading
It’s always important to stay up to date with environmental issues in the area in which you live. One of these issues is about landfills and how people are taking care of potentially threatening issues with them. In a recent opinion piece in the St. Louis Post-Dispatch, Missouri State Senator Bill Eigel wrote a thought-provoking… Continue Reading