Financial News

• U.S. stocks take a steep dive after bond market warns of possible recession
  
  U.S. stock markets suffered a big drop Wednesday amid fears of a recession driven by the bond market. Yahoo Finance anchor Adam Shapiro joined CBSN to discuss what happened.
  CBS News.  Friday, 16 Aug 2019.
• Stocks end roller-coaster week on a higher note
  
  Financial markets closed up after swinging sharply this week on fears of a recession and a global slowdown
  CBS News.  Friday, 16 Aug 2019.
• Dershowitz: After Epstein's Death, Time for Full Justice
  
  For nearly 5 years, I and my family have been victims of a premeditated, financially motivated effort to destroy me personally and professionally.
  Newsmax.  Friday, 16 Aug 2019.
• Furious backlash at Jackie Chan for backing Beijing against Hong Kong protesters
  
  One of the most famous celebrities from the Asian financial hub, the 65-year-old celebrity said he was proud of being Chinese and that he loved his motherland.
  Daily Mail.  Friday, 16 Aug 2019.
• How Much Of Hartford's Revenues Comes From Property & Casualty Insurance: 40%, 60% or 80%?
  
  The Hartford Financial Services Group is an insurance and financial services company which is one of the largest providers of property & casualty insurance and life insurance products in the U.S. ...
  Forbes.  Friday, 16 Aug 2019.
• BancorpSouth on Buyout Spree, Gets FDIC Nod for Acquisitions
  
  Federal Deposit Insurance Corporation gives the green light to BancorpSouth Bank (BXS) for completion of the proposed mergers with Van Alstyne Financial Corporation and Summit Financial Enterprises.
  Zacks.  Friday, 16 Aug 2019.
• Kimco Realty Prices $425M Notes, To Redeem Preferred Stock
  
  Efforts to redeem preference stock and reduce borrowings through proceeds raised from long-term notes reflect Kimco Realty's (KIM) focus to address its financial obligations efficiently.
  Zacks.  Friday, 16 Aug 2019.
• Should You Buy Or Avoid This Dividend Stock Before September?
  
  Will this income stock sink or swim next month? The risks are high but the promise of big dividends could tempt may an investor to pile in before latest financials are unveiled.
  Forbes.  Friday, 16 Aug 2019.
• Hong Kong's unrest could present a long-term opportunity: Citi
  
  Roger Bacon of Citi Private Bank discusses the impact of the protests in Hong Kong on financial assets. He also says it's too early to tell if there are opportunities in the real estate market.
  CNBC.  Friday, 16 Aug 2019.
• Jeffrey Epstein once claimed to be a crisis manager for Elon Musk
  
  Jeffrey Epstein once claimed to be both a financial adviser and crisis manager for Tesla and its embattled founder Elon Musk.
  Daily Mail.  Thursday, 15 Aug 2019.
• Democrat John Delaney 'certainly' plans to stay in 2020 race even if he misses fall debates
  
  Delaney, a millionaire businessman, has the financial resources to stay in the hunt. "Unlike other candidates, we have the finances to support ourselves," a spokesman says.
  CNBC.  Thursday, 15 Aug 2019.
• Financial abuse of older adults by family members more common than scams by strangers
  
  A new analysis of resource line calls identifies financial abuse of older adults by family members as more common than scams by strangers.
  Science Daily.  Thursday, 15 Aug 2019.
• Tennessee agency investigating Casada's campaign finances
  
  NASHVILLE, Tenn. (AP) - The former embattled house speaker for Tennessee is being investigated for how he received and spent campaign money. ...
  Washington Times.  Wednesday, 14 Aug 2019.
• MIT Accused Of Costing Workers Millions In Cozy Deal With Financial Giant Fidelity
  
  MIT allegedly stuck its employees with a retirement plan so bad it violated federal labor law, charging them millions of dollars in fees. A lawsuit says the university received millions in donations.
  NPR.  Wednesday, 14 Aug 2019.
• UofL trustees approve university's plan to purchase hospital
  
  University of Louisville trustees approved a deal for the school to purchase financially ailing Jewish Hospital, which campus leaders say will benefit the region's healthcare and the school's medical training and research programs.
  Modern Healthcare.  Wednesday, 14 Aug 2019.

Financial Services News Headlines and News Summaries