PayPal and Amex just backed a startup streamlining how small businesses connect with banking and accounting tools like Quickbooks and Zettle

Founded in 2017, UK-based Codat is expanding into the US for the first time. The startup also nabbed a strategic investment from PayPal and Amex. Codat provides the data pipes that link small businesses to various apps like accounting software and points-of-sale. Visit the Business section of Insider for more stories. While the term fintech might elicit thoughts of well-known […]

Read more

Futures dip after S&P 500's best day in nine months

FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 12, 2021. REUTERS/Brendan McDermid(Reuters) – U.S. stock index futures retreated on Tuesday after Wall Street’s strong start to March as investors closely monitored the bond market as well as progress on the next round of fiscal stimulus. The S&P 500 ended […]

Read more

Wall Street Aims To Open Broadly Lower

Fed Chairman Jerome Powell’s testimony before the Senate Banking Committee later in the day might get much attention on Tuesday. Earnings reports also will be watched by the investors. Initial signs from the U.S. Futures Index point to a broadly lower opening for Wall Street. Asian shares finished mostly positive, while European shares are trading lower. As of 7.25 am […]

Read more

Goldman's Eric Lane retires — AllianceBernstein wants in on more SPACs — Goldman restarts crypto trading desk

Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: Eric Lane, a 25-year veteran of Goldman Sachs and one of its most senior leaders, is jumping ship. AllianceBernstein CFO Ali Dibadj says the money manager wants to do more with SPACs. Goldman Sachs is restarting its crypto trading desk.  We’re also running […]

Read more

European Shares Slide In Cautious Trade

European stocks were moving lower on Tuesday, as investors kept an eye on bond yields and awaited testimony from Federal Reserve Chair Jerome Powell later in the day where most analysts expect Powell to reiterate the Fed’s commitment to maintain a dovish policy. In economic releases, the U.K.’s unemployment rose to 5.1 percent in the three months to December, a […]

Read more

Twitter cracks down on COVID vaccine misinformation

SAN FRANCISCO — Twitter says it has begun labeling tweets that include misleading information about COVID-19 vaccines and using a “strike system” to eventually remove accounts that repeatedly violate its rules. The company said Monday that it has started using human reviewers to assess whether tweets violate its policy against COVID vaccine misinformation. Eventually, the work will be done by […]

Read more

Asian Shares Mixed Ahead Of Powell’s Senate Testimony

Asian stocks ended mixed on Tuesday as the prospect of more U.S. fiscal stimulus offset lingering concerns over an uptick in bond yields and worries over higher inflation affecting valuations. Investors watched closely for any changes to the U.S. Federal Reserve’s dovish outlook from Chair Jerome Powell when he speaks before the Senate Banking Committee later in the day. Japanese […]

Read more

Bernie Sanders promises Senate vote on $15 minimum wage as Democrats get ready to approve the stimulus package

Sen. Bernie Sanders said Monday he will push for a vote on raising the minimum wage. The pledge comes after the Senate parliamentarian ruled against passing a wage hike by reconciliation. “If we fail in this legislation, I will be back,” Sanders said. Visit the Business section of Insider for more stories. Sen. Bernie Sanders said Monday he will introduce […]

Read more

Disney Theme Park Downtime Not A Total Wash As Company Eyes Immersive Attractions, Greater Efficiency – CEO Bob Chapek

Walt Disney CEO Bob Chapek said that despite how rotten it was to have theme parks closed for so long, the forced downtime was also an opportunity to tinker with technology and data to reopen better than before, for both guests and for shareholders Speaking at a Morgan Stanley media conference Monday, Chapek was cautious about the speed of recovery, […]

Read more
1 685 686 687 688 689 777