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UEFA warns of growing wealth gap in top clubs finance study

12 minutes agoSports / Football : USAToday: Soccer

Elite European soccer clubs are set to widen their income gap over rivals by cashing in on their global brands        

General Electric Company (GE) Takes a Big Hit From Finance Arm

After a disastrous 2017 for General Electric Company (NYSE: GE), investors hit their first 2018 bump in the road on Tuesday when the company announced it will take a $6.2 billion charge on its fourth-quarter earnings. In addition to the large charge, GE Capital will be suspending its dividend payments to GE. Show More Summary

Trump Is Transparent About His Health—So Why Not His Finances?

The White House deserves credit for its openness about the results of Friday’s medical exam, but has yet to extend that to other questions surrounding the president.

Prasad Presents Anti-Tax America: The Origins Of Our National Obsession With Tax Cuts Today At Georgetown

Monica Prasad (Northwestern) presents Anti-Tax America: The Origins of Our National Obsession with Tax Cuts, 24 J. Pol'y Hist. 351 (2012), at Georgetown today as part of its Tax Law and Public Finance Workshop Series hosted by Lilian Faulhaber and Itai Grinberg: The debt when Reagan entered office was just...

“Campaign Finance, Free Speech, and Boycotts”

Ciara Torres-Spelliscy has written this article for the Harvard Journal of Law & Public Policy. … Continue reading ?

City financed a record number of affordable-housing units in 2017

The de Blasio administration financed an all-time high 24,356 units of affordable housing last year, the mayor announced today. That number included the construction of 7,177 apartments and the... To view the full story, click the title link.

The best states to get divorced if your spouse is loaded

Separating finances in a divorce can be messy. In 9 US states, everything acquired throughout the marriage from real estate to income is considered joint property. Residents in these states are entitled to a 50/50 split of all assets...Show More Summary

8 charts and maps that show Africa's incredible leaps in health, finance, and politics

President Donald Trump reportedly asked in a meeting last week why the United States accepts immigrants from "shithole countries," such as Haiti and nations in Africa. The comment drew fierce ire from politicians and advocacy groups,...Show More Summary

Most Americans are confident about the economy

Less than 10% expect their finances to get worse in 2018.        

Bitcoin drops after South Korea says a cryptocurrency crackdown is still possible

Prices of bitcoin and other digital currencies skidded after South Korea's top financial policymaker said Tuesday that a crackdown on trading of cryptocurrencies was still possible. Finance Minister Kim Dong-yeon said in an interview with local radio station TBS that banning trading in digital...

Schimel builds money advantage over Kaul in AG race

Republican Attorney General Brad Schimel has the money edge over Democratic opponent Josh Kaul going into the new year. Campaign finance reports covering the second half of 2017 were due … Click to Continue »

The Latest: Businessman Gronik spends $450,000 on campaign

The Latest on campaign finance reports in race for governor (all times local): 9 a.m. Milwaukee businessman Andy Gronik has spent $450,000 of his own money in the Democratic race … Click to Continue »

GE to take $6.2 billion charge in its finance arm

11 hours agoHumor / odd : The Sideshow

(Reuters) - General Electric Co will record an after-tax charge of $6.2 billion in its fourth quarter results as part of an ongoing review of its finance arm's insurance portfolio, the company said. GE shares were down 3.7 percent in premarket trading on Tuesday. Show More Summary

G.E. to Take $6.2 Billion Charge Tied to Finance Unit’s Insurance Reserves

The charge is primarily related to long-term care insurance reinsured as part of the GE Capital unit’s legacy insurance portfolio.

GE slumps after saying it will take a $6.2 billion hit on its insurance business (GE)

Shares of General Electric are down 4% ahead of Tuesday’s opening bell after the company said it will take a $6.2 billion charge to its legacy long-term care insurance business. GE Capital, the company’s finance unit, will inject $15...Show More Summary

China More Than Doubles America’s 2017 Investments in Clean Energy, in a ‘Runaway’ Year

China hit record levels of clean energy investment in 2017, according to the latest annual analysis from Bloomberg New Energy Finance (BNEF). The country increased its clean energy spending last year by 24 percent, to a total of $132.6 billion. Show More Summary

NYC sets affordable homes record: 24,500 financed in 2017

New York City created or preserved over 24,500 affordable homes last year, breaking a record for the nation's biggest city, Mayor Bill de Blasio announced Tuesday. The previous record was … Click to Continue »

Bitcoin Crashes 20% Amid Growing Fears Of Crypto Crackdown

As first discussed last night, the selling in bitcoin and across cryptocurrencies - which began as Asia opened, and appeared to be catalyzed by headlines from South Korea's finance ministry that a cryptocurrency exchange shutdown is still an option... ... Show More Summary

Bidgely Closes $27 Million Series C to Grow Disaggregation Solutions for Utilities

13 hours agoTechnology : Venture Beat

PRESS RELEASE: Bidgely announced today that it has closed a $27 million Series C round of financing - the largest round of investment to date for energy disaggregation technology. Georgian Partners, an investment fund known for its focus on high-growth...

NGOs Pressure BlackRock, JPMorgan to Stop Funding Oil Exploration in the Amazon

This week, Amazon Watch and CREDO announced they had delivered over 120,000 signatures on petitions urging BlackRock, Inc. and JPMorgan Chase to stop the financing of what activists say are destructive oil exploration activities in the Western Amazon region of Peru and Ecuador.

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