Tag: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

In Sign Of Times Luxury Watchmaker Audemars Embraces Second-hand

GENEVA – Swiss luxury watchmaker Audemars Piguet said it would launch a second-hand business this year, becoming the first big brand to announce plans to tap into...

Sec Says Bitcoin Funds Raise Investor Protection Issues

– The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments, telling the fund industry they want answers to their...

Sec Questions Prospects Of Bitcoin Etfs

– The U.S. Securities and Exchange Commission (SEC) has questioned the prospects of bitcoin exchange-traded funds saying there are a significant number of investor...

Possible Buffett Successor Jain Reports 109 Million Berkshire Stake

– Ajit Jain, who was recently appointed a vice chairman of Warren Buffett’s Berkshire Hathaway Inc (BRKa.N), on Thursday reported ownership of roughly $109...

Tax Overhaul Leads Amex To First Loss In 26 Years Buyback Suspension

– Credit card issuer American Express Co (AXP.N) posted its first quarterly loss in 26 years and said it would not buy back shares for the next six months, both...

Tax Overhaul Leads Amex To First Loss In 26 Years Suspend Buybacks

– Credit card issuer American Express Co (AXP.N) posted its first quarterly loss in 26 years and said it would not buy back shares for the next six months, both...

Wells Fargo Says Resolved Payment Duplication Glitch

– Wells Fargo & Co (WFC.N) said on Thursday it resolved an internal processing error that resulted in customers’ online bill payments being processed...

Amex Posts First Loss In 26 Years On Tax Charge Suspends Buybacks

– American Express Co (AXP.N) posted its first quarterly loss in 26 years, due a $2.6 billion charge related to the U.S. tax law overhaul and the credit card...

Brazilian Prosecutors Ask Bny Mellon Unit To Return 25 Billion To Local Fund

SAO PAULO – Brazilian prosecutors asked on Thursday that the local unit of Bank of New York Mellon Corp (BK.N) return 8.2 billion reais ($2.56 billion) to local...

Spotify Launches Visual Content In Multimedia Push Ahead Of Ipo

– Music streaming company Spotify launched a feature that will allow listeners to see stories, news and other content through photos, videos and text, the company...