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Elon Musk advocates for abolishing the Consumer Financial Protection Bureau

Elon Musk has called for the elimination of the Consumer Financial Protection Bureau (CFPB), arguing that there are too many overlapping regulatory agencies. His comments come amid a renewed threat to the CFPB under President-elect Donald Trump, a long-standing target for Republicans and business groups.
bloomberg.com
Consumer Financial Protection Bureau Elon Musk Donald Trump
Regulatory & Legal, Social Media Post
15:10 27.11.2024

united airlines stock ratings improve with strong earnings and price target increases

Frankfurt Airport saw a slight increase in passenger traffic in July, with 6.0 million travelers, marking a 0.5% rise from the previous year, according to operator Fraport. However, climate protests disrupted operations, leading to the cancellation of at least 170 flights.
aktiencheck.de
United States Dollar The Goldman Sachs Group, Inc. Fraport AG Barclays PLC United Airlines Holdings, Inc. DEU Catherine O'Brien Brandon Oglenski Show more
TradFi, Market Report
15:06 27.11.2024

wind turbine technicians thrive in high demand and rewarding careers

Jessica Jackson, a 37-year-old wind turbine service technician at Vestas in Texas, earns $73,000 annually and enjoys a rewarding career that offers growth opportunities without requiring a bachelor's degree. With the wind energy sector booming, demand for technicians is expected to rise, providing a pathway for those seeking adventure and competitive salaries. Jackson, who transitioned from being a stay-at-home mom, aims to become a lead technician, potentially earning $100,000 a year, while inspiring others to consider this underrated profession.
CNBC
Vestas Blattner Energy Inc. USA Vanessa Benedetti Jessica Jackson
Technology & Innovation, News Article
15:05 27.11.2024

credit suisse convicted for failing to supervise ties with bulgarian mafia

The Federal Criminal Court acquitted UBS in a case involving the Bulgarian mafia, while Credit Suisse was found guilty of failing to supervise its relations and comply with anti-money laundering regulations from July 2007 to December 2008. The Swiss Federal Prosecutor's Office is appealing for a maximum fine of CHF 5 million and a compensation claim of CHF 41 million. Among the four convicted, one has died, while two others have appealed their sentences, with one receiving a 29-month prison term and the other a five-month suspended sentence.
@letemps
Swiss Franc Julius Bär Gruppe AG UBS Credit Suisse CHE BGR Evelin Banev Show more
TradFi, News Article
15:01 27.11.2024

treaming services see surge in sign-ups during holiday discount promotions

Streaming services are capitalizing on the holiday season, offering promotions that attracted 6.9 million new sign-ups during Black Friday 2023, an 82% increase from the previous year. Paramount+ gained 1.8 million customers, while Hulu added 1.7 million through these deals.
bloomberg.com
United States Dollar Paramount Global The Walt Disney Company USA
Finance & Economy, Market Report
15:00 27.11.2024

home health hub market projected to reach over nine billion by 2032

The Home Health Hub Market is projected to grow from USD 0.80 billion in 2023 to USD 9.16 billion by 2032, with a CAGR of 31.29%. Key drivers include the rise of smartphone-based hubs, high-acuity patient monitoring, and increasing demand for remote healthcare solutions, particularly in North America and Asia Pacific. Home care agencies are expected to experience the fastest growth due to the aging population and a shift towards personalized healthcare.
GlobeNewswire News Room
United States Dollar Palantir Technologies Inc. Class A Common Stock Pfizer Inc. Honeywell International Inc. Koninklijke Philips N.V. Cerner CHN USA JPN CAN Show more
Healthcare, Market Report
15:00 27.11.2024

flood adaptation investments crucial for economic stability and risk management

Economic losses from natural disasters reached an estimated US$280 billion in 2023, with floods accounting for US$51.6 billion. Swiss Re Institute emphasizes that proactive flood adaptation is more beneficial than post-flood recovery, advocating for investments in resilience to mitigate future risks and enhance insurability. Despite the high costs of adaptation measures, many countries still prioritize rebuilding over prevention, leading to significant financial losses.
Insurance Journal
Australian Dollar Euro United States Dollar Credit Suisse UBS Deloitte Veronica Scotti Show more
TradFi, Market Report
14:59 27.11.2024

altcoins struggle to keep up as bitcoin hits record high

Bitcoin has reached an all-time high just under $100,000, driven by a surge in interest following Donald Trump's election victory and the resignation of SEC Chair Gary Gensler, signaling a potentially more favorable regulatory climate. Despite this rally, altcoins struggle to keep pace, with lingering concerns from the 2021 crypto bubble affecting the broader market.
bloomberg.com
United States Dollar US Securities and Exchange Commission USA Gary Gensler Donald Trump
Finance & Economy, Market Report
14:56 27.11.2024

Ethos tightens voting guidelines for sustainability and board diversity in Switzerland

Ethos Foundation is tightening its voting guidelines for AGMs, emphasizing sustainability reporting, board diversity, and fair treatment of shareholders during delistings. Starting in 2025, companies must meet stricter requirements, including a minimum of 30% women on boards and reduced board mandates. The changes respond to recent trends in corporate governance and the upcoming expiration of the legal transition period for gender quotas in 2026.
finews.com
Swiss Franc Euro Ethos Foundation CHE
Regulatory & Legal, Press Release
14:54 27.11.2024

EU member states seek to protect carmakers from emissions fines

A coalition of seven EU member states, including Italy, Poland, and Austria, is advocating for measures to protect the automotive industry from emissions fines as it prepares to meet stricter targets set for 2025. The group will present its case to EU competition ministers, emphasizing the need for support during this critical period of innovation investment.
bloomberg.com
Euro Fiat Chrysler Automobiles Italy S.p.A. Volkswagen AG ITA POL AUT Show more
Regulatory & Legal, News Article
14:54 27.11.2024
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