World News

A big change in accounting puts $3 trillion on corporate books

A completely new corporate accounting rule is usually about to pull an estimated $3 trillion out of the shadows. Starting which year, companies are required to record the cost of renting assets used in their operations, such as office space, equipment, planes in addition to cars, on their balance sheets rather than bury which expense within the footnotes of their ...

Read More »

Airports create sleeping spaces for travelers on the go

Business travelers once looked to airline club rooms as calm oases of which offer quiet areas to relax, work, conduct important phone calls or, perhaps, catch a nap. These days, of which’s not unusual for airline-operated along with also independent lounges to be as crowded along with also noisy. Congested airport terminals along with also gates have areas of which ...

Read More »

Historic rally may set investors up for pain

Money manager Douglas Gordon will be worried about a potentially widespread problem in long-term investors’ portfolios. Gordon, who’s instrumental in building Russell Investments’ asset allocation strategies, believes many investors haven’t rebalanced their portfolios to reflect the historic 2019 stock market rally. According to Gordon, the market rally’s robust gains are tilting investors too far into stocks. The bottom line: If ...

Read More »

Historic rally may set investors up for pain

Money manager Douglas Gordon is usually worried about a potentially widespread problem in long-term investors’ portfolios. Gordon, who’s instrumental in building Russell Investments’ asset allocation strategies, believes many investors haven’t rebalanced their portfolios to reflect the historic 2019 stock market rally. According to Gordon, the market rally’s robust gains are tilting investors too far into stocks. The bottom line: If ...

Read More »

Orsted’s huge offshore wind farm in UK produces first power

The first turbine at Hornsea One, an offshore wind farm situated 0 kilometers off the coast of Yorkshire, has started out to generate power. In an announcement Friday, Danish renewable energy firm Orsted said of which, when fully operational, the Hornsea One offshore wind farm would certainly be almost double the size of Walney Extension, which is usually currently the ...

Read More »

Apple’s biggest mistake has been not buying Netflix, strategist says

Apple can be reportedly planning to launch its own streaming service in April, which will feature free original content for device owners. The service can be anticipated to include content through CBS along with Viacom, among various other production studios. Last week, J.P. Morgan analyst Samik Chatterjee said in a note that will Apple should acquire Netflix to boost its ...

Read More »

Investors may have already missed out on bulk of market’s gains This specific year

“Although the peak earnings growth rate due to This specific economic expansion is usually almost certainly behind us, profit growth peaks have historically been followed by several years of economic growth as well as also stock market gains,” John Lynch, chief investment strategist at LPL Financial, said in a note. “We believe the earnings outlook is usually strong enough to ...

Read More »

US-China trade talks ‘creating a final sprint’: Chinese state media

Chinese state media on Saturday expressed cautious optimism over trade talks between the United States along with China, a day after President Xi Jinping said a week of discussions had produced “step-by-step” progress. Xi made the comments at a meeting on Friday with U.S. Trade Representative Robert Lighthizer along with Treasury Secretary Steven Mnuchin in Beijing, after a week of ...

Read More »